mortgage rate trends
Industry News
30-Year Mortgage Rates Hit Lowest Level in Four Months
Gregg Kell
August 8, 2025
30-year mortgage rates are witnessing a notable decline, reaching their lowest points in four months, much to the relief of potential homebuyers grappling with high financing costs.According to Freddie Mac, the current mortgage rates have dropped to 6.63% from 6.72% just a week prior, indicating a significant shift in mortgage rate trends.
