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Published: 29 July 2025

Created: 29 July 2025

Last Updated: 29 July 2025

Buyers should keep an eye on the possibility of rate cuts in the next few months.  For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon.

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