Mortgage Refinance Rates on Jul. 17, 2025
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The typical monthly payment on a median-priced $440,950 home at today’s 6.75% mortgage rate is roughly $2,288. (That’s assuming a 20% down payment and excluding tax and insurance.) Last week, a median-priced home at a 6.72% mortgage rate would have cost homebuyers $2,281 per month—$7 more than what buyers would pay today.
July 18 mortgage rates hold steady at 6.625% as builders offer discounts and incentives to attract hesitant buyers.
Will mortgage rates fall after the July Fed meeting? What experts expect. Industry experts generally don't foresee meaningful mortgage rate drops right after the July Fed meeting.
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Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.
As property taxes and homeowner insurance premiums continue rising, homeowners are struggling to keep up with their mortgage payments.
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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,
Mortgage rates are falling and there are some eye-catching deals out there – some below 4%. But do these deals apply to everyone? And how do you know what mortgages you will be eligible for? Darren Po
Renewed concerns over tariffs and the broader economy drove treasury yields higher last week, and mortgage rates followed. As a result, total mortgage application volume dropped 10% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.