Mortgage Refinance Rates on Jul. 17, 2025
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Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.
Refinance rates were mixed, but one key rate fell. Even a slightly lower interest rate can save you money on your home loan.
The current average mortgage rate on a 30-year fixed-rate mortgage, the most popular home loan, is 6.86%, a 20 basis points jump from the previous week.
Current mortgage rates are up today but still lower than they were seven days ago and in early 2025, when the average 30-year fixed-rate mortgage reached above 7%.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) was unchanged at 8.27 percent for the fifth straight week, according to Bankrate’s national survey of lenders. The average rate on the $30,000 home equity loan barely stirred, moving two basis points up to 8.28 percent.
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Mortgage Report Offers Guidance For HomebuyersThe post Mortgage Report Offers Guidance For Homebuyers appeared first on Considerable. A new report released Friday provides homebuyers with detailed information on , offering crucial guidance for those navigating the housing market.
Whether you’re buying your first or fifth home, an FHA loan can make it easier to afford a mortgage. These loans typically have lower down payment and credit score requirements compared to conventional loans.
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