home buying costs

U.S. Mortgage Rates Hit 6.75%: What It Means for Buyers

U.S. Mortgage Rates Hit 6.75%: What It Means for Buyers

Gregg Kell
July 18, 2025

U.S.mortgage rates have soared to new heights, with the average rate on a 30-year mortgage recently climbing to 6.75%.

30-Year Mortgage Rates Hit Highest Level Since February

30-Year Mortgage Rates Hit Highest Level Since February

Gregg Kell
July 1, 2025

In recent weeks, 30-year mortgage rates have climbed to their highest levels since early February, reaching 6.89%.This increase, from 6.86% just last week, continues to raise concerns about home buying costs for prospective homeowners.