30-year fixed falls, ARM and FHA rates shift
Mortgage rates are showing signs of modest relief for homebuyers heading into summer 2025. According to the latest Zillow data, the national average for a 30-year fixed mortgage fell to 6.97% as of Friday, May 30, 2025. That’s down from 6.99% a day earlier, and 7.08% one week ago. This decline could translate to meaningful