Mortgage rates hit lowest levels of 2025
Housing Wire
AUGUST 4, 2025
Following the surprising jobs report released on Friday, the 10-year yield dipped slightly on Monday. As a result, mortgage rates have reached a new low for 2025, with Mortgage Daily News reporting a rate of 6.57%. Remarkably, we haven’t seen a single Fed rate cut this year! The bond market influences the Federal Reserve, and the recent weak jobs report caused yields to drop significantly last Friday.
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