30-Year Mortgage Rate Reaches 6.66% After Four Straight Weekly Increases
Freddie Mac's July 30, 2026 survey shows the 30-year fixed-rate mortgage averaging 6.66%, up 0.23 percentage points from 6.43% on July 2 and the highest reading since July 2025. The rise adds roughly $45 to $76 per month in principal and interest payments on loan balances between $300,000 and $500,000. Separately, MBA data for the prior week showed mortgage applications falling 6.4%, with refinance activity down 10%, as higher rates weighed on borrower demand.