Personal Finance
Thursday, 7/16, 04:32 PM
Mortgage Rates Hit a 2026 High at 6.55% as Treasury Yields Climb
- The average 30-year fixed mortgage rate rose to 6.55% this week, its highest level of 2026, as rising Treasury yields, driven by oil-price and inflation worries, pushed borrowing costs up.
- Here is why the move happened, and what a rate like that means for a monthly payment.