FX.co ★ US Mortgage Rates Fall: MBA

In the week concluding on August 1st, 2025, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $806,500) in the United States decreased by 6 basis points to 6.77%, marking the lowest rate in four weeks, down from 6.83% the previous week, as reported by the Mortgage Bankers Association. For comparison, the rate stood at 6.55% a year ago.