The 30-Year Fixed-Rate Mortgage Shows Little Movement — RISMedia
By: Beth McGuire | Published: 2025-07-24 19:44:00 | Source: www.rismedia.com
Experts maintain that while rates may tick down to the mid-6’s by end of year, in the meantime they’ll remain at elevated levels at least through the season.
According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the 30-year fixed-rate mortgage (FRM) averaged 6.74% a decrease of 1 basis point from last week’s average of 6.75%.
“This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%,” said Sam Khater, Freddie Mac’s chief economist. “Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth.”
Realtor.com Economist Jiayi Xu commented, “The persistent risk of tariff-driven inflation, combined…
