Mortgage rates remain largely stable to start the week of July 7, 2025, according to the latest data from Zillow. The national average 30-year fixed mortgage rate stands at 6.80%, unchanged from Friday and reflecting a modest 3 basis point increase over the past week. This plateau follows a period of gradual increases throughout June
Mortgage rates edged slightly lower heading into the Fourth of July weekend, with the national average for a 30-year fixed mortgage settling at 6.75%—a 2 basis point drop from earlier this week. The latest data from Zillow shows a continuation of the mild rate fluctuations that have characterized much of the 2025 mortgage market. Current
Mortgage rates moved down this week, with the 30-year fixed rate averaging 6.72 percent, compared to 6.79 percent the previous week, according to Bankrate’s latest lender survey. Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year 6.72% 6.89% 7.09% 6.80% 6.20% 15-year 5.85% 6.06% 6.51% 6.03% 5.40% 30-year jumbo 6.75%
Much of the recent movement in rates can be tied to the Trump administration’s political machinations at the Federal Reserve. The president has continued to point fingers at Fed Chair Jerome Powell for failing to lower rates more quickly, even as inflation nears the Fed’s goal of 2% per year and unemployment remains relatively low
Mortgage rates are likely to edge a little lower in July, continuing the gradual decline we saw in June. So far, inflation hasn’t risen from higher tariffs, and financial markets seem convinced that the Federal Reserve will cut short-term interest rates in the second half of the year. Together, those two factors could decrease mortgage
Mortgage rates edged lower again this weekend, offering a modest break for prospective buyers and refinancers. According to Zillow, the average 30-year fixed-rate mortgage dropped to 6.73% on Saturday, June 28, down from 6.75% the day before. Current mortgage rates snapshot Here’s where average U.S. mortgage rates stand today, according to Zillow: 30-year fixed: 6.73%
Despite forecasts that mortgage rates will slowly ease, buying a home is still too costly for most people. The average 30-year fixed rate has been in the 7% range over the last 7 months, creating some hefty monthly payments. President Donald Trump’s tariffs on imports have added economic uncertainty. The Federal Reserve has paused cutting
Mortgage rates fell slightly this week, with the average 30-year fixed rate dropping to 6.81% as of Wednesday, June 25, 2025. This marks a 2-basis-point dip from the previous day and a 10-basis-point improvement over last week. Here’s how today’s mortgage trends could impact buyers and homeowners. Current mortgage rate averages According to Zillow’s latest
As July 2025 approaches, would-be homebuyers are hoping for a break in mortgage rates. With the Federal Reserve holding steady and inflation pressures fluctuating, predictions for July remain uncertain. Here’s what experts forecast. Fed holds rates, but July meeting looms At its June 2025 meeting, the Federal Reserve kept its benchmark interest rate unchanged at
Mortgage rates ticked down again Monday, with the average 30-year fixed rate falling to 6.88%. Homebuyers navigating a high-rate market may find modest relief, but will the trend continue? National mortgage rates as of June 23, 2025 Zillow reports the following averages: 30-year fixed: 6.88% (down 0.02%) 15-year fixed: 5.90% (down 0.02%) 5-year ARM: 6.99%