Best Mortgage Refinance Rates - Jul. 18, 2025
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The rental market has cooled more quickly than expected, leading to a downgrading of the expectations for growth this year, Hamptons said.
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%.
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.
Rents are only expected to inflate by 1.0% in 2025, after Hamptons downgraded its forecast from 4.5%. So far this year tenant demand is 11% lower year-on-year, as well as 20% lower than 2019 levels. Hamptons attributed this to falling mortgage rates,
Inflation is still holding on, and the Federal Reserve has yet to lower its benchmark rate any further, factors that mean mortgage rates aren’t likely to move much this month. However, a slowing ...
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out prospective homebuyers.
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.
After sinking lower for two weeks, 30-year mortgage rates jumped Friday based on a better-than-expected jobs report. Rates climbed for many other loan types as well.
Two more high street banks have announced mortgage rate cuts today in the latest round of home loan repricing.
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.
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