Average 30-year fixed mortgage rates fell 4.4 basis points to 6.514%, while 15-year rates rose 15.4 basis points to 5.826%.
The average 30-year fixed mortgage rate declined 4.4 basis points to 6.514% on July 23, 2026, according to lender data. The 15-year fixed rate increased 15.4 basis points to 5.826%, reversing recent trends.
Refinance rates also showed mixed movement, with the 30-year fixed refinance rate at 6.451%, down slightly from prior levels. Adjustable-rate mortgages, including the 5/1 ARM, dropped 15.2 basis points to 6.336%, reflecting broader shifts in bond yields.
National averages for VA and conventional loans remained near multi-week lows, though lenders noted regional variations. The changes follow recent volatility in Treasury markets and economic data releases.