Mortgage Rates Retreat Slightly: A Modest Relief Amid Continued Housing Market Strain
Introduction In the week ending July 31, 2025, a slim measure of relief arrived for homebuyers nationwide. According to Freddie Mac, 30‑year fixed mortgage rates dropped from 6.74% to 6.72%, while the 15‑year rate eased to 5.85% from 5.87%—a small retreat, but meaningful in a housing market still reeling from prolonged rate pressure. These shifts … Read more
