Today’s Mortgage Rates Inch Higher: June 24, 2026

Today’s 30-year mortgage purchase rate rose to 6.64%, driven by the Federal Reserve’s hawkish stance on future rate hikes amid persistent inflation. Refinance rates also increased, with the 30-year rate at 6.738%. Higher oil prices from the U.S. war in Iran and strong labor data contributed to elevated inflation, which experts suggest will keep mortgage rates above 6% for years.