Mortgage rates today show the 30-year fixed averaging 6.53% as of June 29, 2026, with FRED data at 6.49% and modest daily movement across fixed and ARM products.
As of Monday, June 29, 2026, the national average 30-year fixed mortgage rate stands at 6.53% according to multiple daily surveys. This figure aligns closely with the most recent FRED observation of 6.49% recorded on June 25. The 10-year Treasury yield sits at 4.4%, producing a mortgage spread of 2.09 percentage points.
Daily rate tables from Mortgage News Daily and Daily Index both list the 30-year fixed at 6.53% with no day-over-day change. The 15-year fixed averages 6.12%, while 30-year jumbo loans register 6.76%. Adjustable-rate products show a 7/6 SOFR ARM at 6.23%.
Freddie Mac’s latest Primary Mortgage Market Survey reports the 30-year fixed-rate mortgage at 6.47% this week, down slightly from the prior reading of 6.49%. The 15-year fixed product is not separately quoted in the FRED series but appears at 5.90% in Bankrate’s concurrent survey.
Refinance pricing remains marginally higher. Bankrate lists the national average 30-year fixed refinance rate at 6.67%, 13 basis points above the purchase average of 6.54%.
| Product | Rate | Daily Change |
|---|---|---|
| 30 Yr. Fixed | 6.53% | +0.00% |
| 15 Yr. Fixed | 6.12% | +0.00% |
| 30 Yr. Jumbo | 6.76% | -0.01% |
| 7/6 SOFR ARM | 6.23% | +0.00% |
| 30 Yr. FHA | 6.07% | -0.03% |
Rate quotes can vary by state and metropolitan area because of lender competition, credit profiles, and property values. While national averages provide the benchmark, borrowers in high-cost states such as California and New York often see 30-year fixed offers 5–15 basis points above the 6.53% national figure. Conversely, markets in Texas and Florida frequently price 5–10 basis points below the headline average when volume is strong.
The 10-year Treasury yield at 4.4% continues to anchor mortgage pricing. With the spread holding near 2.09 points, any sustained move lower in Treasuries would likely translate into lower mortgage rates today. Conversely, stronger-than-expected economic data could push yields higher and widen spreads further.
Lender capacity and hedging activity also influence daily movement. When origination volume rises, some lenders widen margins; when pipelines slow, competitive pressure can compress them. The flat day-over-day change observed on June 29 suggests equilibrium between these forces.
Homebuyers locking rates this week should compare at least three lenders, because individual pricing can differ by 0.125–0.25 percentage points even when the national average is unchanged. Credit score tiers, loan-to-value ratios, and chosen discount points all affect the final note rate.
Refinance candidates face a steeper hurdle: the 6.67% average refinance rate means most existing borrowers would need a rate reduction of at least 0.50–0.75 percentage points to justify closing costs.
Readers evaluating scenarios across different down payments, credit profiles, or loan types can run live scenarios at HomeRates.ai to see personalized pricing side-by-side with the national benchmarks.
Mortgage rates today remain in a narrow band around 6.5%, with the 30-year fixed at 6.53% and FRED data showing 6.49%. Until Treasury yields or lender competition shift materially, borrowers should expect stability rather than rapid declines in the near term.
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