Mortgage rates jump to year-high as inflation and energy costs weigh on housing
TL;DR
Mortgage rates climbed to 6.66% for the 30-year fixed, the highest level in a year, as inflation remains above the Fed’s target and oil prices push yields higher; the weekly increase was the biggest in 10 weeks, and mortgage applications for purchases and refinancing fell, signaling cooling housing demand despite wage growth helping affordability.
- Mortgage rates climb to highest level in a year CNN
- Average 30-year US mortgage rate rises to highest level in a year at 6.66% AP News
- Mortgage rates rise to one-year high Fox Business
- Mortgage Rates Slightly Higher Despite No Fed Rate Hike Mortgage News Daily
- Mortgage rates just hit their highest level in a year — and may be headed higher: Mortgage and refinance interest rates today, Thursday, July 30, 2026 Yahoo Finance
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