MCLEAN, Va.--The 30-year fixed-rate mortgage showed little movement this week, averaging 6.74%, Freddie Mac reported.
“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.”
The 30-year FRM averaged 6.74% as of July 24, 2025, down slightly from last week when it averaged 6.75%. A year ago at this time, the 30-year FRM averaged 6.78%. The 15-year FRM averaged 5.87%, down from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.07%, Freddie Mac said.