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Freddie Mac reports the 30-year fixed mortgage rate averaged 6.72% for the week ending July 31 — down from 6.74% last week.

More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.

Trump says the Fed’s high interest rates are keeping Americans from buying houses. There’s more to it than that.

May’s $915,000 median-priced residence – financed at 6.8% – cost an estimated $5,925 a month. That’s third-highest on record.

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...