Mortgage rates have been reported to be increasing, with 30-year rates climbing to at least 6.54% as of July 6, 2026, and possibly as high as 6.61% by July 7, 2026. However, there are also reports that rates held steady on certain days, such as July 9, 2026. The movement of mortgage rates has been described as modest, with some outlets noting a rise in refinance rates and a decline in mortgage applications.