Mortgage rates moved higher for the second week in a row, according to Freddie Mac. The average rate on a 30-year loan reached 6.75%.

Mortgage rates are based on bonds and bonds don't like inflation.  When inflation reports are higher than the market expected, rates tend to rise, all other things being equal.   But today's inflation numbers were a bit lower than the median forecast.

Today’s mortgage rates: 30-year fixed at 6.625%, 15-year at 5.75%. Explore trends and what buyers should know now.

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Mortgage delinquencies are rising across the U.S., especially in southern states like Florida, Georgia, and South Carolina, a study by Cotality found. Escrow payments have surged – up 62% in the last 5 years – likely due to rising property taxes and insurance premiums.

With so much speculation regarding the forecast of America's economy and how inflation rates will change, those in the property market need to know how inflation can affect the real estate sector. We'll be in your inbox every morning Monday-Saturday with all the day’s top business news,

Mortgage rates on July 17, 2025, hold steady as 30-year fixed sits at 6.625%. Here’s what today’s numbers mean for buyers and refinancers.