Home›Real Estate›Mortgages›Mortgage rates tick up, but highest-in-11-months claim…

Mortgage rates tick up, but highest-in-11-months claim is disputed

Mortgage News Daily says its 30-year fixed index rose to 6.68% from 6.64%, while the year’s peak was 6.75% on July 13 and May 19.

Reported · Written up by our desk · Mortgages

Mortgage News Daily pushed back on claims that mortgage rates are at their highest level in 11 months, saying the highest rates of the year occurred earlier. The outlet points to its 30-year fixed index reaching 6.75% on July 13 and May 19.

It said the index was 6.68% on the latest reading, up from 6.64% the prior day. The outlet added that stories citing “highest rates since August 2025” are likely referencing Freddie Mac’s weekly rate index, which uses a five-day trailing average and reports it on Thursday.

On the driver behind the day’s increase, Mortgage News Daily said there is no single clear explanation. The strongest case, according to the outlet, is that mortgage rates, which track closely with bond yields, rose as bond yields topped out around the same time as fuel price futures.

More like this

Sources