U.S. — National average mortgage rates reported by the Zillow lender marketplace changed on Friday, July 10, 2026. The average 30-year fixed-rate mortgage increased, while the 15-year fixed rate decreased.

Specifically, the average 30-year fixed-rate mortgage rose by 12 basis points to 6.47%. The 5/1 adjustable-rate mortgage (ARM) also saw an increase of 11 basis points, reaching 6.46%. In contrast, the average 15-year fixed rate fell by 3 basis points to finish at 5.86%.

For national average purchase rates reported by Zillow on the same day, the 30-year fixed mortgage was 6.47%, and the 20-year fixed mortgage stood at 6.39%. The 15-year fixed mortgage settled at 5.91%. Adjustable-rate mortgages for purchases included a 5/1 ARM at 6.46% and a 7/1 ARM at 6.49%.

VA loan purchase rates on July 10, 2026, were 5.90% for a 30-year fixed loan, 5.57% for a 15-year fixed loan, and 5.59% for a 5/1 VA loan. For refinance rates, the national average for a 30-year fixed mortgage was 6.47%, with the 20-year fixed mortgage at 6.29%, and the 15-year fixed mortgage at 5.84%.

Refinance rates for ARMs included a 5/1 ARM at 6.54% and a 7/1 ARM at 6.67%. Refinance rates for VA loans were 5.75% for a 30-year, 5.54% for a 15-year, and 5.44% for a 5/1 VA loan. Refinance applications showed an increase of more than 62% year over year as of July 2026.

Data from Freddie Mac showed that the average 30-year mortgage rate was 6.49% through Wednesday, July 8, 2026. This was an increase from the 6.43% average reported one week prior to July 8, 2026. Looking back further, the average 30-year mortgage rate was 6.72% on July 10, 2025.

Why It Matters

These reported changes provide current insights into the national mortgage market landscape on July 10, 2026. Fluctuations in rates for various mortgage products affect potential homebuyers and those considering refinancing existing loans. The increases in 30-year fixed and 5/1 ARM rates, alongside a decrease in the 15-year fixed rate, present a mixed environment for consumers seeking home financing.

The data from Zillow, covering both purchase and refinance rates across different loan types, illustrates the specific costs associated with various mortgage products. The increase in refinance applications on a year-over-year basis indicates a continuing focus on mortgage restructuring among homeowners, despite rate adjustments.