Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.75%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.

A couple of key mortgage rates moved down. Lower mortgage rates could bring positive news to the housing market in 2025.

The Mortgage Bankers Association predicts that mortgage rates won't change much over the next three months. The trade association forecasts that the 30-year mortgage will average 6.8% from July through September, about the same as the average from April through June.