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S&P CoreLogic Case‑Shiller index

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US mortgage rates and housing market

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Latest: US home prices climb 1.6% in May as 30‑year mortgage rate reaches 6.58%

In mid‑July 2026, U.S. mortgage rates rose to about 6.5%, prompting headlines that compared the increase to falling UK fixed‑rate levels. By the end of July, the 30‑year fixed‑rate mortgage had edged higher to 6.58%, whi