{"id":4355,"date":"2026-07-23T19:13:33","date_gmt":"2026-07-23T19:13:33","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/highest-rates-in-over-a-year-but-theres-a-silver-lining\/"},"modified":"2026-07-23T19:13:33","modified_gmt":"2026-07-23T19:13:33","slug":"highest-rates-in-over-a-year-but-theres-a-silver-lining","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/highest-rates-in-over-a-year-but-theres-a-silver-lining\/","title":{"rendered":"Highest Rates in Over a Year, But There&#8217;s a Silver Lining"},"content":{"rendered":"<p> <\/p>\n<div>\n<p>Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were &#8216;above average&#8217; and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday&#8217;s rates match the highest level in nearly a year.\u00a0<\/p>\n<p>In other words, it wouldn&#8217;t have taken much of a jump for today&#8217;s rates to be the highest in more than a year.\u00a0<\/p>\n<p>Our daily 30yr fixed rate index rose from 6.77% yesterday to 6.85% today&#8211;the highest since June 23rd, 2025. But here&#8217;s the silver lining: July 2025 through February 2026 was unequivocally the best run we&#8217;ve had in the mortgage world since rates began their rapid ascent in 2022. The time frame was marked by steady declines and low volatility relative to previous few years.\u00a0<\/p>\n<p>Even after the start of the Iran war, outright rate levels remained in the lower half of the range going back to late 2022. To be very fair, they&#8217;re still in the lower half of that range.\u00a0<\/p>\n<p>Bottom line: being &#8220;the highest in more than a year&#8221; says more about the past year than it does about the actual rate level. It is not ideal, but also not the end of the world. And if peace finds a way to break out again, June serves as a proof of concept that rates can respond favorably.\u00a0<\/p>\n<p><iframe class=\"article-chart\" src=\"https:\/\/www.mortgagenewsdaily.com\/charts\/embed\/mtg-rates-thirty-year-full\"><\/iframe><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were &#8216;above average&#8217; and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday&#8217;s rates match the highest level in nearly a year.\u00a0 In other words, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[310,3758,154,2466,268],"class_list":["post-4355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-highest","tag-lining","tag-rates","tag-silver","tag-year"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/4355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=4355"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/4355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/4356"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=4355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=4355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=4355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}