Mortgage rates mostly lower from last week
The current 30-year fixed rate rose by 4 basis points to 6.44%.
The 20-year fixed fell by 8 basis points to 6.21%.
The 15-year fixed declined by 4 basis points to 5.86%, and the 5/1 ARM fell by 8 basis points to 6.21%.
Mortgage refinance rates are often higher than rates when buying a house, with the 30-year fixed refinance rate at 6.52% on July 12, 2026.