Mortgage rates — week of July 20, 2026

Published July 26, 2026 · the same data pass behind our Monday newsletter and video. Every number was live on the site when published.

Freddie Mac 30-yr national average

6.58%+0.03 vs last week

15-yr average

5.96%

8-week path (+0.10)

Best posted rate, by loan type

Lowest purchase rate on any lender sheet we read this week, per product.

30-yr conventional

5.5% · 5.716% APR

Knoxville TVA Employees Credit Union

TN · 0 pts

15-yr conventional

5.25% · 5.614% APR

Knoxville TVA Employees Credit Union

TN · 0 pts

FHA 30-yr

5.625% · 6.508% APR

PenFed Credit Union

open to anyone · 1 pt

VA 30-yr

5.625% · 5.904% APR

Credit Union 1

AK · 0 pts

Jumbo 30-yr

6% · 6.071% APR

Neighbors Credit Union

LA · 0 pts

The 30-yr conventional leaderboard

Best posted purchase rate per credit union, lowest first. The spread from best to worst is 1.44 points — that gap is the payoff for shopping around.

Lender	Who can join	Rate	APR	Points	As of
Knoxville TVA Employees Credit Union	TN	5.5%	5.716%	0 pts	2026-07-20
Langley Credit Union	VA	5.875%	6.128%	0 pts	2026-07-20
Hawaii State Credit Union	HI	6%	6.153%	0.63 pts	2026-07-20
Navy Federal Credit Union	military-only	6.125%	6.268%	0.5 pts	2026-07-20
Space Coast Credit Union	FL	6.125%	6.212%	0 pts	2026-07-20
PenFed Credit Union	open to anyone	6.125%	6.295%	1 pt	2026-07-20
Michigan State University Credit Union	MI	6.125%	6.318%	1 pt	2026-07-20
Chartway Credit Union	VA	6.125%	6.53%	0 pts	2026-07-20
Neighbors Credit Union	LA	6.125%	6.498%	0 pts	2026-07-19
Webster First Credit Union	MA	6.25%	6.376%	0 pts	2026-07-20

Live version, filterable by your state: rateperch.com/credit-unions

Big banks, for comparison

Posted 30-yr conventional at the major banks, against the best credit union above.

Lender	Who can join	Rate	APR	Points	vs best CU
U.S. Bank	bank	6.49%	6.643%	0.72 pts	+0.99
Wells Fargo	bank	6.625%	6.758%	0.63 pts	+1.13
Bank of America	bank	6.75%	6.971%	0.73 pts	+1.25

Who moved this week

Changes of 0.05 or more against the same lender’s previous rate sheet.

Open to anyone

PenFed Credit Union+0.13 → 6.125%

By state

AZCredit Union West +0.75 → 6.375%

CASchoolsfirst Credit Union +0.13 → 6.875%

COENT Credit Union +0.13 → 6.625%; Security Service Credit Union +0.88 → 6.875%

CTCharter OAK Credit Union −0.13 → 6.375%

FLSpace Coast Credit Union −0.25 → 6.125%; Vystar Credit Union +0.13 → 6.375%

GAVystar Credit Union +0.13 → 6.375%

HIHawaii State Credit Union −0.38 → 6%

ILLandmark Credit Union +0.13 → 6.625%

INEverwise Credit Union +0.13 → 6.75%

MDState Employees CU of Maryland, Inc +0.13 → 6.375%

MIMichigan State University Credit Union −0.25 → 6.125%

MNAffinity Plus Credit Union −0.25 → 6.5%

TXSecurity Service Credit Union +0.88 → 6.875%

UTSecurity Service Credit Union +0.88 → 6.875%

VAVirginia Credit Union +0.13 → 6.5%

WIUniversity of Wisconsin Credit Union +0.13 → 6.625%

What real borrowers got

No new borrower submissions were approved this week.

Got a quote this week? Add it to the dataset →

Next week’s report, before you think to look

This page updates every Monday. Get the same numbers in your inbox — or set a refi alert and we’ll only email when rates cross your number.

Methodology: posted rates are read weekly from lender rate pages (purchase, as-published, points shown); the national benchmark is Freddie Mac’s Primary Mortgage Market Survey. Snapshot frozen at publish time — for current numbers see your state’s page. Full methodology →