Mortgage Refinance Rates on Jul. 17, 2025
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July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
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Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
US mortgage rates rose for the second straight week, with the 30-year rate hitting 6.75%, worsening an ongoing housing market slump as affordability continues to deter prospective homebuyers.
While any rate watcher's bingo card should always have a few squares devoted to "unchanged, flat, etc.," this week's had at least as many squares reserved for a big reaction to inflation data. Specifically,
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
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