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Rates for 30-year refinance mortgages held firm Friday after a four-day decline of 11 points. The average of 6.98% on Thursday was the first time rates had fallen below 7% since April 4.
The 30-year fixed-rate mortgage is down 18 basis points since Thursday, falling to the lowest level since October 2024. - ...
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
Rates on 30-year refi loans have dropped almost a tenth of a point over three days to a new April low. Rates have also moved lower for other refinance loan types.
The average rate on a 30-year fixed mortgage was 6.72% — little changed from a week prior, according to Freddie Mac data.
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