July, with the average 30-year fixed rate standing at 6.625% as of July 9, 2025, according to Zillow Home Loans. Buyers considering a home purchase or refinance should evaluate how rising rates affect affordability and monthly payments.

Freddie Mac’s rate for a 30-year fixed rate mortgage increased for the first time in six weeks and is now averaging 6.72%. Current Mortgage Rates: July 11, 2025 | Nasdaq Skip to main content

Average mortgage rates are retreating from the year's highs as of Wednesday, July 2, 2025, with the 30-year fixed benchmark down more than 10 basis points week over week.

Stay up to date on the current mortgage rates with Newsweek Vault. ... Today’s Mortgage Rates July 2, 2025: 30-Year Rates Trend Down to 6.69%. By . Tim Maxwell . Tim Maxwell.

Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest states are New York, California, and New Jersey.

Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,