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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
Mortgage Rates Forecast For 2025: Experts Predict How Much Rates Will Drop
After reaching a peak of 7.04% in January 2025, mortgage rates retreated to the mid-6% range in March but then reversed course and have remained stuck between 6.75% and 6.9% since early May. The average 30-year fixed mortgage rate was 6.
Mortgage rates on July 17, 2025, hold steady as 30-year fixed sits at 6.625%. Here’s what today’s numbers mean for buyers and refinancers.
Mortgage rates are based on bonds and bonds don't like inflation. When inflation reports are higher than the market expected ...
Mortgage Rate 2024 Predictions as Housing Market Struggles. Published Jan 01, 2024 at 7:00 AM EST Updated Jan 02, 2024 at 3:59 AM EST. By .
In 2021, we saw mortgage interest rates between 2% and 3% — some of the lowest rates we've ever had on record. Even now, mortgage rates hover around 7% for a 30-year conventional mortgage ...
Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.
Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a ...
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it ...
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As ...
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