After the average rate for a 30-year fixed mortgage crawled past 7% last week, it's moving back down, but not by much. Prospective homebuyers should expect rates to remain near 6.8% for the remainder of 2025,

National mortgage rates drop to 6.87% for 30-year fixed loans as of June 5. See today’s averages and what’s driving the trend.

Mortgage rates declined slightly but held close to 7%. The average rate on the standard 30-year fixed mortgage slipped to 6.85%, according to a survey of lenders by mortgage-finance giant Freddie Mac.