{"id":3576,"date":"2025-08-18T08:53:28","date_gmt":"2025-08-18T12:53:28","guid":{"rendered":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/?p=3576"},"modified":"2025-08-18T08:53:28","modified_gmt":"2025-08-18T12:53:28","slug":"mortgage-interest-rate-update-11","status":"publish","type":"post","link":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/2025\/08\/18\/mortgage-interest-rate-update-11\/","title":{"rendered":"Mortgage Interest Rate Update"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"842\" src=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2025\/08\/250818FL.jpg\" alt=\"\" class=\"wp-image-3577\" srcset=\"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2025\/08\/250818FL.jpg 1000w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2025\/08\/250818FL-300x253.jpg 300w, https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-content\/uploads\/2025\/08\/250818FL-768x647.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>Mortgage interest rates have dropped slightly over the past 30 days. As of this week, the average U.S. interest rate for 30-year fixed-rate mortgages is 6.58%, down from 6.75% a month ago. While most current predictions are for a continuation of this trend throughout 2025, it isn\u2019t clear if an expected Fed move to lower short-term interest rates is already baked into the current mortgage rate market.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Compared to the long-term average rate of 7.71%, homeowners are currently saving roughly $76 per month for every $100,000 borrowed. However, mortgages are now slightly more expensive than they were a year ago. Over the past year, the average monthly payment on a $100,000 30-year fixed-rate mortgage has increased by about $15. If you were to take out a maximum conventional mortgage today ($806,500), your monthly payment would be around $120 more than it would have been in August 2024.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage interest rates have dropped slightly over the past 30 days. As of this week, the average U.S. interest rate for 30-year fixed-rate mortgages is 6.58%, down from 6.75% a month ago. While most current predictions are for a continuation of this trend throughout 2025, it isn\u2019t clear if an expected Fed move to lower [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,1],"tags":[12,16,15,20,19,17],"class_list":["post-3576","post","type-post","status-publish","format-standard","hentry","category-mortgages","category-real-estate","tag-home-buying","tag-manatee-county","tag-real-estate","tag-real-estate-agent","tag-realtor","tag-sarasota-county"],"_links":{"self":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/3576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/comments?post=3576"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/3576\/revisions"}],"predecessor-version":[{"id":3578,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/posts\/3576\/revisions\/3578"}],"wp:attachment":[{"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/media?parent=3576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/categories?post=3576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgettbyzewski.com\/real-estate-blog\/wp-json\/wp\/v2\/tags?post=3576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}