Mortgage Rates 📢 June 30th, 2025

INTEREST RATES

10 year 3 – Month Snapshot

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

💡 Why This Matters

📉 Rates Moved Down Slightly
Mortgage rates dipped by 0.125% across the board, giving buyers a small but welcome improvement. Conventional loans are now closer to 6.625%, and government-backed options like FHA and VA are hovering just above 6%.

📊 Bond Yields Still in a Down Channel
The 10-year Treasury yield continues to drift lower, as shown in this week’s technical chart. This decline is helping mortgage rates soften, but resistance levels in the bond market are keeping a lid on bigger moves down.

📰 Market Drivers to Watch

• Jobs Data This Week: ADP and BLS jobs reports are due, with expectations ranging from 85,000 to 110,000 new jobs. Weak job creation could put additional pressure on rates to improve.

• Geopolitical Risks: Middle East tensions remain, which could drive more money into bonds and help rates hold or improve temporarily.

• New Treasury Supply: The government’s rising deficit means more Treasuries are coming to market. Over time, this could limit how far rates can fall if demand doesn’t keep up.

💡 Realtor Insight:
A modest rate dip is giving some buyers a reason to re-engage, but it’s still a tight window. Use this opportunity to encourage pre-approved clients to lock in before fresh economic data or Treasury supply reverses the trend.