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Mortgage Rates Rise Again, But Remain Below 7%

  • May 29th 2025

by UrbanTurf Staff

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Mortgage rates rose again this week, but remained under 7%.

Today, Freddie Mac reported 6.89% as the average on a 30-year mortgage, up three basis points from last week. Long-term mortgage rates have now bounced between 6.6% and 6.9% since late January. 

The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.

See other articles related to: mortgage rates

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/mortgage_rates_rise_again_but_remain_below_7/23550.

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