Mortgage Rates Retreat Slightly: A Modest Relief Amid Continued Housing Market Strain

Mortgage Rates Dip Slightly

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

Mortgage Rates Edge Up: What It Means for the Housing Market in 2025

Mortgage Rates Edge Up

Introduction Mortgage Rates Edge Up – Mortgage rates in the United States have once again ticked upward, ending a five-week streak of declines. According to mortgage buyer Freddie Mac, the average rate on a 30-year fixed mortgage has increased to 6.72%, up from 6.67% the previous week. Likewise, 15-year mortgage rates have climbed to 5.86% … Read more