The 30-year fixed-rate mortgage (FRM) averaged 6.75% as of July 17, 2025, up from last week when it averaged 6.72%. A year ago at this time, the 30-year FRM averaged 6.77%, according to Freddie Mac.
The 15-year FRM averaged 5.92%, up from last week when it averaged 5.86%. A year ago at this time, the 15-year FRM averaged 6.05%.
“The 30-year fixed-rate mortgage inched up this week and continues to stay within a narrow range under 7%. While overall affordability headwinds persist, rate stability coupled with moderately rising inventory may sway prospective buyers to act,” said Sam Khater, Freddie Mac’s Chief Economist.
