U.S. 30-Year Mortgage Rate Rises To 6.71%, Highest In More Than A Year

U.S. 30-year fixed mortgage rates rose to 6.71% this week, their highest level in more than a year, according to ETNet. The increase from 6.66% a week earlier is expected to reduce homebuyers' purchasing power. Freddie Mac said the rate was last higher in the week ended July 24, 2025, when it stood at 6.74%. The 15-year mortgage rate also climbed, rising to 6.04% from 5.98% last week. The U.S. 10-year Treasury yield, which is closely tied to mortgage rates, ended Thursday just above 4.77%.