The 30-Year Fixed-Rate Mortgage Shows Little Movement

Group 1 - The 30-year fixed-rate mortgage (FRM) averaged 6.74% as of July 24, 2025, remaining flat compared to the previous week when it was 6.75% [1][6] - The 15-year FRM averaged 5.87%, down from 5.92% the previous week [6] - A year ago, the 30-year FRM averaged 6.78%, indicating a slight decrease year-over-year [6] Group 2 - Freddie Mac's Primary Mortgage Market Survey (PMMS) focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with excellent credit who put 20% down [2] - The overall economic backdrop for the housing market is positive, supported by solid employment and income growth [1]