FX.co ★ US Mortgage Rates Edge Up in Latest Week: MBA

The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less inched up to 6.37% in the week ended April 24, 2026, from 6.35% a week earlier, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The move largely tracked a modest increase in Treasury yields. Overall mortgage application volume declined 1.6%, as refinance applications dropped 4.4%, while applications to purchase a home rose 1.2%. “After a brief pause, in part because of elevated geopolitical uncertainties, potential homebuyers certainly appear to be moving forward this spring and taking advantage of more favorable inventory conditions in most parts of the country,” said Mike Fratantoni, the MBA’s chief economist.