Average 30-year fixed mortgage rates rise 7 basis points to 6.26% as lenders adjust pricing ahead of July 1, 2026.
US mortgage rates increased across most loan types on Wednesday, with the 30-year fixed rate rising 7 basis points to 6.26%. The 15-year fixed rate edged up 1 basis point to 5.71%, while the 5/1 adjustable-rate mortgage jumped 11 basis points to 6.17%.
National averages for other loan products also showed modest gains, including 20-year fixed rates at 5.99% and 7/1 ARMs at 6.02%. Refinance rates followed a similar trend, with 30-year fixed refinance rates at 6.21% and 15-year fixed refinance rates at 5.68%.
The moves reflect broader shifts in bond markets and lender pricing adjustments, though rates remain below recent highs seen earlier in the year. VA loan rates also ticked higher, with 30-year VA rates at 5.75% and 15-year VA rates at 5.35%.