Mortgage Rates Haven't Moved in Three Months — Here's Why It Matters

The typical 30-year home loan rate was 6.49% for the week ending July 9, 2026, up slightly from 6.43% the week before, per Freddie Mac. Rates have stayed pinned between 6.4% and 6.5% since May. They rose about 0.38 percentage points from March's 6.11% — then stopped. No clear signal they'll drop soon.