Mortgage Refinance Rates on Jul. 17, 2025
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Mortgage rates on July 17, 2025, hold steady as 30-year fixed sits at 6.625%. Here’s what today’s numbers mean for buyers and refinancers.
Mortgage Rate 2024 Predictions as Housing Market Struggles. Published Jan 01, 2024 at 7:00 AM EST Updated Jan 02, 2024 at 3:59 AM EST. By .
Mortgage rates are stuck in the mud, as uncertainty around Trump's economic policies keeps the Fed on hold. Mortgage Rate Predictions: Here's Why Rates Are Staying High in July - CNET X
Mortgage rates tend to fluctuate day by day. So if you’re planning to buy a home, it’s a good idea to keep a close watch on interest rates and weigh various mortgage options. One common type of mortgage is a conventional loan with a 15-year fixed interest rate.
In 2021, we saw mortgage interest rates between 2% and 3% — some of the lowest rates we've ever had on record. Even now, mortgage rates hover around 7% for a 30-year conventional mortgage loan.
A surprise jump in inflation and signs of persistent wage growth this week has led Goldman Sachs to downgrade its Bank of England rate cut expectations for the rest of the year. The US investment bank Goldman still expects a rate cut in August from 4.
Mortgage rates are based on bonds and bonds don't like inflation. When inflation reports are higher than the market expected, rates tend to rise, all other things being equal. But today's inflation numbers were a bit lower than the median forecast.
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