Mortgage Rates Edge Down to 6.56%, Remaining at 10-Month Low

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Mortgage Rates Edge Down to 6.56%, Remaining at 10-Month Low

Freddie Mac Mortgage Rates—Aug. 28, 2025 What happened to mortgage rates this week The Freddie Mac 30-year fixed mortgage rate edged down 2 basis points to 6.58%, notching another 10-month low. After peaking in May 2025, mortgage rates have generally pulled back, modestly and unevenly. This helped existing home sales rise modestly in July, but
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