refinancing mortgages

US Mortgage Rates Drop to 6.67% – A Trend for Homebuyers

US Mortgage Rates Drop to 6.67% – A Trend for Homebuyers

Gregg Kell
July 7, 2025

US mortgage rates have significantly impacted the housing market, recently hitting their lowest point since early April at an average of 6.67%.This decline marks a shift for potential homebuyers, who have struggled with elevated home prices and rising mortgage costs over the past year.