Mortgage rates forecast showing potential drop toward 6 percent in 2026.

Mortgage Rates: When Will They Drop to 6 %?

The average U S 30-year fixed mortgage rate is now around 6 .63 %, its lowest since April 2025, according to Freddie Mac data for the week ending August 7 2025. That’s a mild relief but still above the much-hoped-for 6 % mark.

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