Mortgage interest rates were essentially flat over the past 30 days. As of this week, the average U.S. rate for a 30‑year fixed mortgage is 6.49%, compared with 6.52% a month ago. At this time, there are as many experts predicting a rise in mortgage interest rates for the remainder of 2026 as there are predicting a fall.
Relative to the long‑term average of 7.68%, today’s rates still offer meaningful savings, roughly $80 less per month for every $100,000 borrowed. Rates are also lower than they were a year ago. Over the past 12 months, the average monthly payment on a $100,000 30‑year fixed mortgage has dropped by about $15. For a borrower taking out the 2026 maximum conventional loan of $832,750, today’s payment would be approximately $125 lower than it would have been in July 2025.