30-Year Mortgage Rate Hits 6.66%, Highest in a Year
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- The 30-year US mortgage rate rose to 6.66%, reaching its highest level in a year, according to AP News.
- Yahoo Finance, writing the same day (July 31, 2026), countered that mortgage rates still find more room to fall, highlighting a split in near-term outlook.
Why it matters: At 6.66%, the 30-year mortgage is at its priciest in a year, raising monthly payments for new homebuyers; yet Yahoo's same-day note that rates could still fall signals forecasters don't agree on the direction.