VA Rate Update — Week of July 6, 2026: 30-Year Holds Under 6%
Ten-year yields drifted lower on soft jobs data, keeping the 30-year VA fixed at 5.99% for eligible borrowers. What to watch this week.
VA fixed rates were flat to slightly better this week as the 10-year Treasury drifted lower on a softer-than-expected jobs report. The 30-year VA fixed sits at 5.99% for well-qualified borrowers with full entitlement, and the IRRRL streamline is quoting 5.75%–5.99% depending on lock period and lender credit.
This week's benchmark rates
- 30-year VA fixed: 5.99% (0 points)
- 15-year VA fixed: 5.25% (0 points)
- VA IRRRL streamline: 5.75%–5.99%
- VA jumbo (over $806,500): 6.25%
What moved the market
The June nonfarm payrolls print came in below consensus, pushing the 10-year Treasury yield down about 8 basis points on the week. Because VA fixed rates track mortgage-backed securities that price off the 10-year, the move flowed through to consumer rates by mid-week.
With the streamline near 5.75%, anyone with a rate at 7% or higher on their existing VA loan is now in the sweet spot for a break-even inside 24 months. Run the numbers on our IRRRL calculator.
Watch this week
CPI prints Thursday. A hot reading would give rates back this week's gains; an in-line or cool print sets up a test of 5.75% on the 30-year VA fixed. Locks under 45 days are the safer bet ahead of the release.
About the author
Will tracks mortgage-backed securities, Fed policy, and 10-year treasury movements to interpret what rate moves mean for VA borrowers each week.