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Mortgage rates stubbornly remain near a one-year high as the bond market is weighed down by inflation, employment concerns, and Mideast turmoil. What will it take for mortgage rates to move lower?
See today's best rates.
As of August 13, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.67%. This is two basis points lower than last week. At this time in July 2025, mortgage rates averaged 6.58%, nine basis points lower
The average 15-year fixed mortgage rate this week was 5.96%, down five basis points from last week, and 25 basis points higher than this time last year.
#mortgage #points #rate #week
Mortgage rates stubbornly remain near a one-year high as the bond market is weighed down by inflation, employment concerns, and Mideast turmoil. What will it take for mortgage rates to move lower?
See today's best rates.
As of August 13, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.67%. This is two basis points lower than last week. At this time in July 2025, mortgage rates averaged 6.58%, nine basis points lower
The average 15-year fixed mortgage rate this week was 5.96%, down five basis points from last week, and 25 basis points higher than this time last year.
#mortgage #points #rate #week
1 month ago
