Interest Guru

Weekly update

Mortgage rates, week of July 31, 2025

The 30-year fixed averaged 6.72%, down 0.02 points from last week.

Average mortgage rates, 52 weeks to 2025-07-31Weekly Freddie Mac averages. The 30-year fixed was 6.72% in the week of 2025-07-31.5.5%6.0%6.5%7.0%7.5%Jan 2025AprJul30-year 6.72%15-year 5.85%
30-year fixed
6.72%
15-year fixed
5.85%
10-year Treasury
4.37%
Spread
2.35

The numbers behind the week

  • The 15-year fixed averaged 5.85%, down 0.02 points.
  • Between the two readings the 10-year Treasury yield fell 0.06 points and the gap between it and the mortgage rate widened 0.04 points. Together those make up the 0.02-point move.
  • Four weeks ago the 30-year average was 6.67%.
  • Over the past 52 weeks the 30-year average has ranged from 6.60% to 7.04%.
  • The spread over the 10-year Treasury is 2.35 points, against an average of 2.39 across the history on this site.
Change from the previous week
Change from July 24, 2025Points
10-year Treasury yield-0.06
Spread over the Treasury+0.04
30-year mortgage rate-0.02

Each mortgage average is compared with the most recent daily Treasury yield on or before its date, so the split is approximate. The Treasury spread page explains the gap.