August Mortgage Outlook: Rates May Slumber, but Buyers Dream of a Big Drop

NBC Right Now, Aug. 1, 2025-Holden Lewis
Mortgage rates will probably stay about the same in August. If they change, they’re more likely to go down than up.

Even if mortgage rates fall a little bit, it won’t be enough to wake up the sleepy housing market. When would-be home buyers dream, visions of mortgage rates below 6.5% dance in their heads. But rates won’t fall that low in August.
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