Mortgage Rates Today, July 24, 2026: 30-Year Rates Hit 11-Month High

Mortgage Rates Today, July 24, 2026: 30-Year Rates Hit 11-Month High

Mortgage Rates Today: July 24, 2026 – 30-Year Rate Hits One-Year High Mortgage and refinance interest rates today, Saturday, July 25, 2026: Highest rates this year Mortgage Rates Today, July 24, 2026: 30-Year Rates Hit 11-Month High Mortgage rates are up from yesterday and remain under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.74%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 6.08%. This week, mortgage rates rose to their highest levels in nearly a year as renewed fighting between the U.S. and Iran pushed bond yields higher. Rates are likely to remain elevated in the near term and could rise further if the Federal Reserve hikes the federal-funds rate this year, which is looking increasingly likely, according to the CME Group . When you’re shopping for a mortgage, getting multiple rate quotes is always a smart move—but when rates are high, it becomes even more vital. A recent Bankrate study found that homeowners who don’t shop around typically pay an extra $78,000 over the life of the loan compared to buyers who request multiple quotes. Apply with at least three different mortgage lenders to compare rates and overall costs to ensure you’re getting the best deal available. Top mortgage rates today Current mortgage rates are up from yesterday and higher than they were seven days ago. Rates are lower than they were.