Dennis Holmquist

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Heading into the Holiday Weekend, Mortgage Rates Decrease

July 3, 2025 by Dennis Holmquist

July 3, 2025
The average 30-year fixed-rate mortgage decreased for the fifth consecutive week. This is the largest weekly decline since early March. Declining mortgage rates are encouraging and, while overall affordability challenges remain, more sellers are entering the market giving prospective buyers an advantage.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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