Category: Mortgage & Home Buying
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August 2025 Mortgage Rates Explained: What Homebuyers Need to Know Now
Estimated reading time: 4 minutes Key Takeaways Mortgage rates in August 2025 remain high, around the mid-to-high 6% range, with slight fluctuations. The 30-year fixed mortgage rate as of August 2, 2025, is approximately 6.69% APR, down marginally from previous days. Federal Reserve policies, economic data, and housing market conditions are primary drivers of current…
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Mortgage Rates Today: What Homebuyers Need to Know in July 2025
Estimated reading time: 4 minutes Key Takeaways Mortgage rates around 6% are considered a psychological threshold influencing buyer behavior. As of July 2025, the average 30-year fixed mortgage rate is approximately 6.74%, slightly down from mid-July. Experts predict mortgage rates will gradually decrease towards 6.4% by end of 2025 and 6.0% in 2026. Home prices…