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July Mortgage Rate Forecast: Buyers Retreat as Rates Rebound
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, according to the Mortgage Bankers Association. But when the average 30-year fixed rate jumped to around 6.8% last week, mortgage activity plummeted 10%.
Mortgage Rates Move Higher Despite Decent Inflation Reading
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.
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.
A drop in interest rates could vastly unlock affordability for interested buyers across metro Atlanta and the U.S.
Major industry organizations, including the Mortgage Bankers Association, Freddie Mac and Fannie Mae, expect mortgage rates ...
Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a ...
America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in ...
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