Mortgage Rates Rise on July 27, 2026: Purchase Rates Outpace Refinance Rates
On Monday, July 27, 2026, mortgage rates for new home purchases increased, surpassing refinance rates, according to data from the Zillow lender marketplace. The 30-year fixed rate climbed to 6.696%, while the 15-year fixed rate reached 6.036%. Adjustable-rate mortgages also saw increases, with the 5/1 ARM rising to 6.637%. This shift suggests a tightening market for new buyers compared to those seeking to refinance existing loans. Borrowers are encouraged to compare offers and consider factors like credit scores and down payments to secure favorable terms.
By T. Harv Eker