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Economics2h 18m ago

The average 30-year fixed rate mortgage rate rose to 6.55% from 6.49% last week, the highest level in nearly a year.

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US

Who
Freddie Mac
What
The average 30-year fixed rate mortgage rate rose to 6.55% from 6.49% last week, the highest level in nearly a year.
When
Thu, 16 Jul 2026 17:13:12 GMT · 2h 18m ago
Where
US ·
Why
Mortgage rates are influenced by Federal Reserve interest rate policy and bond market expectations for the economy and inflation.
The Frontline Impact

How this affects you

Borrowing costs for prospective homebuyers have increased. This rise in mortgage rates affects the housing market by making home purchases more expensive.

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