Today's Mortgage Rates
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Updated weekdays at aprox 4PM EST.
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
increased slightly
today. This may result in minimal positive impact on mortgage rates today.
This tool provides an idea of the underlying trends
in MBS that may influence mortgage rates today.
It is not intended to forecast lender rate changes.
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Mortgage Rate Watch
Daily Mortgage Rate Market Analysis
Tue, Jul 8 2025, 3:26 PM
Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 business days. This isn't an incredibly abrupt move, but it's slightly brisk compared to the average day of rate movement.
The good news is twofold. First off, we often tend to see slightly brisk movement in the opposite direction after experiencing a consistent trend in the other direction. The month of June was arguably such a trend, and it took rates to their lowest levels in several months.
Secondly, and more simply, apart from the last few days of June, today's rates are still the lowest since late April.
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| Rate | Points | Change | |
|---|---|---|---|
|
7/8/25
Mortgage News Daily - daily
|
|||
| 30 Yr. Fixed | 6.81% | -- | +0.02% |
| 15 Yr. Fixed | 6.02% | -- | +0.03% |
| 30 Yr. Jumbo | 6.90% | -- | +0.01% |
| 7/6 SOFR ARM | 6.45% | -- | +0.10% |
| 30 Yr. FHA | 6.34% | -- | +0.05% |
| 30 Yr. VA | 6.35% | -- | +0.05% |
|
7/3/25
Freddie Mac - weekly
|
|||
| 30 Yr. Fixed | 6.67% | 0.00 | -0.10% |
| 15 Yr. Fixed | 5.80% | 0.00 | -0.09% |
|
6/26/25
MBA - weekly
|
|||
| 30 Yr. Fixed | 6.79% | 0.62 | -0.05% |
| 15 Yr. Fixed | 6.06% | 0.67 | -0.08% |
| 30 Yr. FHA | 6.53% | 0.76 | -0.04% |
| 30 Yr. Jumbo | 6.78% | 0.40 | -0.03% |
| 7/6 SOFR ARM | 5.99% | 0.60 | -0.11% |
POSITIVE
MINIMAL
NEGATIVE
MBS prices have
increased slightly
today. This may result in minimal positive impact on mortgage rates today.
| Change | 52 Week Range | |||||||
|---|---|---|---|---|---|---|---|---|
| Rate | Points | Previous | 1 Year | Low | High | |||
|
as of 7/8/25
Mortgage News Daily - updated daily
|
||||||||
| 30 Yr. Fixed | 6.81% | -- | +0.02% | -0.20% | 6.11% |
|
7.26% |
|
| 15 Yr. Fixed | 6.02% | -- | +0.03% | -0.39% | 5.54% |
|
6.59% |
|
| 30 Yr. Jumbo | 6.90% | -- | +0.01% | -0.32% | 6.37% |
|
7.45% |
|
| 7/6 SOFR ARM | 6.45% | -- | +0.10% | -0.58% | 5.95% |
|
7.25% |
|
| 30 Yr. FHA | 6.34% | -- | +0.05% | -0.14% | 5.65% |
|
6.62% |
|
| 30 Yr. VA | 6.35% | -- | +0.05% | -0.15% | 5.66% |
|
6.64% |
|
|
as of 7/3/25
Freddie Mac - updated weekly
|
||||||||
| 30 Yr. Fixed | 6.67% | 0.00 | -0.10% | -0.28% | 6.08% |
|
7.04% |
|
| 15 Yr. Fixed | 5.80% | 0.00 | -0.09% | -0.45% | 5.15% |
|
6.27% |
|
|
as of 6/26/25
Mortgage Bankers Association - updated weekly
|
||||||||
| 30 Yr. Fixed | 6.79% | 0.62 | -0.05% | -0.15% | 6.13% |
|
7.09% |
|
| 15 Yr. Fixed | 6.06% | 0.67 | -0.08% | -0.41% | 5.42% |
|
6.63% |
|
| 30 Yr. FHA | 6.53% | 0.76 | -0.04% | -0.26% | 5.99% |
|
6.90% |
|
| 30 Yr. Jumbo | 6.78% | 0.40 | -0.03% | -0.34% | 6.41% |
|
7.13% |
|
| 7/6 SOFR ARM | 5.99% | 0.60 | -0.11% | -0.28% | 5.66% |
|
6.44% |
|
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