US 30-year fixed is sitting at about 6.75% (15-year around 6.1%) as of this week, easing slightly ahead of the Fed meeting. Forecasters are converging on a 'low-to-mid 6s' story for the rest of 2026, with Fannie Mae and the MBA penciling in 5.7-6.3% by early 2027.
Sources: https://themortgagereports.com/mortgage-rates-now/mortgage-rates-today-july-28-2026 and https://money.usnews.com/loans/mortgages/articles/mortgage-rates-today-july-29-2026
Discussion: for those of you in the US market — is a half-point drift down actually enough to unfreeze transactions, or is the lock-in effect (owners sitting on 3% loans) the real story regardless of where rates go next? And non-US members: how do these levels compare with what you're being quoted right now? Drop your numbers in the rates thread in Financing & Mortgages too.
Sources: https://themortgagereports.com/mortgage-rates-now/mortgage-rates-today-july-28-2026 and https://money.usnews.com/loans/mortgages/articles/mortgage-rates-today-july-29-2026
Discussion: for those of you in the US market — is a half-point drift down actually enough to unfreeze transactions, or is the lock-in effect (owners sitting on 3% loans) the real story regardless of where rates go next? And non-US members: how do these levels compare with what you're being quoted right now? Drop your numbers in the rates thread in Financing & Mortgages too.