Mortgage rate climbs above 6.50% to the highest level in months
- Posted on July 23, 2026
- By Los Angeles Times
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- 1 min read
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Mortgage rate climbs above 6.50% to the highest level in months
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets
