Mortgage Rates Reach an 11-Month High Amid Rising Oil Prices

In July 2026, U.S. mortgage rates hit their highest level in 11 months as oil prices increased. The average rate for a 30-year fixed-rate mortgage rose to 6.60%, up from 6.52% the previous week according to Bankrate's survey.

By Jeff Ostrowski Wed, July 22, 2026 at 11:00 PM GMT+3 4 min read · Yahoo Finance ·

Mortgage Rates Reach an 11-Month High Amid Rising Oil Prices

Topics: housing market mortgage rates oil prices

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