📈 Mortgage Rate Update – July 2025: What Today’s Numbers Mean for You

Staying informed on interest rates is one of the smartest moves a homebuyer or homeowner can make and today's numbers from Mortgage News Daily give us a valuable snapshot of where the market stands.

🔹 30-Year Fixed: 6.81% (+0.02)

🔹 15-Year Fixed: 6.02% (+0.03)

🔹 30-Year FHA: 6.34% (+0.05)

🔹 30-Year VA: 6.35% (+0.05)

🔹 30-Year Jumbo: 6.90% (+0.01)

🔹 7/6 SOFR ARM: 6.40% (-0.10)

💡 What does this mean for you?

Rates are experiencing minor fluctuations this week with slight increases on most traditional loan types and a notable dip in adjustable-rate mortgages (ARMs). These trends can impact your purchasing power and long-term savings, especially if you’re on the fence about locking in a rate or exploring refinance options.

✅ LJ Mortgage Team Tip:

If you're thinking of buying or refinancing, now is a great time to connect with a licensed mortgage expert. We can help you:

• Get pre-approved quickly

• Lock in competitive rates

• Compare loan options that best fit your financial goals

• Navigate the FHA or VA process if you qualify

Let our team guide you through the process with confidence we’re here to turn your real estate goals into reality.

📲 Contact us today to get started!

📞 (516) 218-1297

🌐 https://www.ljmortgageteam.com/

LJ Mortgage Team – Your Future, Financed.