The US 30-year mortgage rate rose to 6.66%, up from 6.58% a week earlier

According to data published on Thursday, 30 July 2026 (8 Mordad 1405), the average US 30-year fixed mortgage rate rose to 6.66 percent. The figure was 6.58 percent in the previous reading. The 15-year mortgage rate also rose to 6.04 percent from 5.96 percent.

The increase followed a jump in US Treasury yields. After the Federal Reserve's meeting on Wednesday, 29 July, and the hawkish tone of its chairman Kevin Warsh, the 10-year yield rose 7 basis points the same day to 4.67 percent and the 30-year yield reached 5.21 percent. US mortgage rates typically track long-dated Treasury yields with a short lag.

At that meeting the Federal Reserve held its policy rate in the 3.5 to 3.75 percent range, while three Federal Open Market Committee members voted for a 25 basis point increase. Elevated long-term US rates affect the global gold price and the crypto market through the value of the dollar and the appeal of holding dollar cash.