According to Freddie Mac data, U.S. mortgage rates experienced slight fluctuations over the weeks of July 2025. For the week ending July 17, the average 30-year fixed mortgage rate rose marginally to 6.75% from 6.72% the previous week, while the 15-year fixed mortgage rate increased to 5.92% from 5.86%. In the following week ending July 24, rates edged down slightly with the 30-year fixed mortgage rate decreasing to 6.74% and the 15-year fixed mortgage rate falling to 5.87%. By the week ending July 31, the 30-year fixed mortgage rate further eased to 6.72%, and the 15-year fixed mortgage rate averaged 5.85%. These changes reflect a modest downward trend in mortgage rates following a period of slight increases earlier in the month. The Federal Reserve's continued pause on interest rate hikes during this period likely influenced the stabilization and slight decline in mortgage rates.