What are the current average 30-year fixed mortgage rates?

As of July 3, 2025, the national average for a 30-year fixed mortgage is 6.75% with an APR of 7.22%.

How have mortgage rates changed week-over-week?

The 30-year fixed mortgage rate is down by 0.03% compared to last week.

Treasury yields, federal Reserve policy, inflation data, and employment figures are key drivers affecting mortgage rates.

Shop multiple lenders, check lender fees, increase your down payment, boost your credit score, and explore different loan types.

Buy if you've secured financing and found the right home. Refinance if you can save at least 1% and plan to stay long-term.

Economy

by July 3, 2025

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