July 29, 2025

Mortgage rates

Mortgage

Over 30 million homeowners don’t have a mortgage right now. Here’s why that’s a big warning sign about the housing market

High home prices and mortgage rates have made it much harder for Americans—especially first-time buyers—to purchase homes. Many current homeowners, especially those with low or no mortgage payments, are staying put rather than selling, further limiting supply and keeping prices high. Now that more Americans own their homes outright and are building wealth, fewer are

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Mortgage

Freddie Mac reports first mortgage rate rise in six weeks

The stronger-than-expected employment report is the catalyst for ending a five-week streak of declining mortgage rates, Freddie Mac reported. The 30-year fixed rate mortgage averaged 6.72% as of July 10, a gain of 5 basis points compared with the prior week when it averaged 6.67%, the Freddie Mac Primary Mortgage Market Survey reported. But it

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Mortgage

Mortgage benefits help recruit Gen Z employees

Owning a slice of real estate is becoming increasingly far-fetched for many Americans today. Yet emerging support for homebuying and mortgage benefits may make that dream a reality for employees.  For Gen Z workers in particular, financial stability is top of mind, and homeownership remains a key milestone. Yet rising housing costs, high interest rates

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Loans

Mortgage rates today hold steady at 6.80% for 30-year loans

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

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Mortgage

30-year fixed dips to 6.75% amid shift

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

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Mortgage

Mortgage rates move down amid uncertainty

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%

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Mortgage

As mortgage rates ease, will the summer housing market heat up?

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

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Mortgage

July Mortgage Outlook: A Rate Drop, or More of the Same? | Arts And Entertainment

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

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Mortgage

30-year fixed dips to 6.73%

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%

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Mortgage

Mortgage rates today: Interest rates dip on June 26

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

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