mortgage refinancing
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.
Industry News
30-Year Mortgage Rates Drop to 6.85% for First Time in Month
Gregg Kell
June 30, 2025
In recent weeks, the landscape of 30-year mortgage rates has taken a noteworthy turn, as the average rate fell to 6.85%, marking the first decline in a month.This shift in current mortgage rates comes at a critical juncture for homebuyers, who are grappling with elevated borrowing costs.
