Mortgage rates today show the 30-year fixed at 6.54% with FRED data at 6.43%; see latest benchmarks and market drivers for July 9, 2026.
As of July 9, 2026, the national average 30-year fixed mortgage rate stands at 6.54% according to the latest daily survey data. This figure sits 11 basis points above the 6.43% reading captured by FRED on July 7, 2026. The 10-year Treasury yield closed at 4.55% that same day, producing a mortgage spread of 1.88 percentage points.
Mortgage News Daily's July 8, 2026 survey recorded a 30-year fixed average of 6.68%, up 5 basis points from the prior session and 13 basis points below the year-earlier level of 6.81%. The Freddie Mac Primary Mortgage Market Survey, released weekly, has not yet published its July 9 figure, but its most recent release aligned closely with the 6.54% mark.
| Source | Date | 30-Year Fixed | Change (1-day) | Prior Year | YOY Change |
|---|---|---|---|---|---|
| Mortgage News Daily | Jul 8 2026 | 6.68% | +0.05% | 6.81% | -0.13% |
| FRED (live) | Jul 7 2026 | 6.43% | — | — | — |
| Freddie Mac (weekly) | Latest | ~6.54% | — | — | — |
The 10-year Treasury yield remains the dominant benchmark. At 4.55%, it continues to anchor lender pricing. Additional pressure comes from the ongoing spread between Treasuries and mortgage-backed securities, currently 1.88 points. Economic data releases scheduled for the remainder of July—including CPI and employment figures—will likely dictate whether this spread narrows or widens.
Rate quotes can differ by state because of local lender competition and average credit profiles. In California, conforming 30-year fixed offers averaged 6.59% on July 8, while Texas posted 6.51% and Florida 6.57%. Borrowers in New York saw slightly higher pricing at 6.62%, reflecting denser regulatory overlays.
Fifteen-year fixed rates are not currently published in the FRED series referenced above. Bankrate's latest national survey places the 15-year average at 5.72%, 82 basis points below the 30-year product. Adjustable-rate mortgages remain available; 5/6 ARM averages sit near 6.11% for well-qualified borrowers.
Shop multiple lenders on the same day, because intra-day price changes of 0.125–0.25 points are common. Lock periods of 30–45 days remain standard. Readers can run live scenarios at HomeRates.ai to compare personalized quotes against the benchmarks shown here.
Mortgage rates today sit at 6.54% for the 30-year fixed. With the 10-year Treasury at 4.55% and a 1.88-point spread, further movement hinges on upcoming inflation and jobs data. Monitor daily updates and compare offers before locking.
FRED data, market analysis, and refi alerts — weekly, no spam.
No spam. Unsubscribe any time.
See how today's rates affect your real numbers — run a live mortgage scenario instantly.
Run a Live Scenario →