Mortgage Rates Remain Elevated Despite Lower Inflation Report

Despite a cooler-than-expected June inflation report, mortgage rates have not declined due to continued Federal Reserve caution and geopolitical uncertainty. The average rate for a 30-year fixed mortgage rose to its highest level since August 2025.

By Tanya Rawat Fri, July 17, 2026 at 9:01 PM GMT+3 6 min read · Yahoo Finance · July 17, 2026, 18:01 UTC

Mortgage Rates Remain Elevated Despite Lower Inflation Report

Topics: federal reserve policy inflation report mortgage rates

Read the full article at Yahoo Finance

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