Current Mortgage Interest Rates on Jul. 23, 2025
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Existing-home sales fell to the lowest level since September while sale prices climbed to a record high. Mortgage rates need to drop for sales to meaningfully pick back up, one economist says.Existing-home sales in June fell to a seasonally adjusted annual rate of 3.
Mortgage rates hold steady July 23, 2025, with 30-year fixed at 6.625%. Trump hints at capital gains tax cut for home sales.
Home sales could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, a new forecast says.
Mortgage demand barely moved last week as interest rates slightly increased. Demand is still better, however, than it was a year ago.
US home sales slip in June with mortgages rates high and prices hitting unprecedented levels.
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The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
As more homes remain on the market longer, buyers are closely watching mortgage rates to see if there's an opportunity to save money.
The likelihood of a rate cut in July is low, but at least one member of the Federal Open Market Committee is advocating for one.
A new company offers a software tool that allows buyers and agents to find sellers with low-rate mortgages that can be transferred.
Mortgage costs have risen significantly since 2019. Discover what’s behind the surge and whether it’s still smart to buy in today’s unaffordable market.
Fannie Mae recently revised its mortgage rate forecas t to increase its year-end projections from 6.2% to 6.5%, as rates prove more stubborn than expected. Now, homebuyers can expect to face an unaffordable housing market for the foreseeable future.