July, with the average 30-year fixed rate standing at 6.625% as of July 9, 2025, according to Zillow Home Loans. Buyers considering a home purchase or refinance should evaluate how rising rates affect affordability and monthly payments.

Customers with past-due balances who are at or below 300% of the federal poverty level, or nonprofits with past-due balances can qualify. The federal poverty level for 2025 in the 48 contiguous states is $15,650 for a single person and $32,150 for a family of four. The poverty level is adjusted by $5,500 for each additional member of a household.

Freddie Mac reports the 30-year rate stands at 6.72% as of July 10, up from 6.67% last week. #mortgagerates #housing #homes