Mortgage Rates Remain Flat… For Now
This past week wrapped up quietly for mortgage rates, with national averages holding steady across the board. The 30-year fixed landed around 6.81% per Mortgage News Daily, and the 15-year fixed hovered at 6.05%—nearly unchanged from the week prior.
That lull was expected. The economic calendar was light, and the only modest stir came from stronger-than-anticipated jobless claims on Thursday, which nudged rates slightly higher but didn’t move the needle in any meaningful way.
But don’t let this calm fool you.
What’s Coming: Jobs Report, Fed Watch, and Inflation Data
Next week promises to be a different story. A flood of high-impact reports is on the way, led by the monthly jobs report on Friday. This single data point routinely drives some of the month’s biggest mortgage rate swings and will be the one to watch.
Also on deck:
-
Tuesday: Job Openings (JOLTS)
-
Wednesday: First look at Q2 GDP
-
Thursday: Core PCE Inflation
-
Friday: Unemployment Rate + Non-Farm Payrolls
Sprinkle in a Fed interest rate decision midweek (with a press conference), and we’ve got a recipe for volatility.
While the Fed isn’t expected to cut rates just yet, investors will be hanging on every word for any change in tone. If the language starts to shift toward easing, the bond market—and mortgage rates—could respond swiftly.
A Quick Glance at Current Mortgage Trends
Based on data from multiple sources as of July 25, 2025:
|
Product |
Average Rate |
Weekly Change |
|---|---|---|
|
30-Year Fixed |
6.81% |
0.00 |
|
15-Year Fixed |
6.05% |
+0.01 |
|
30-Year FHA |
6.39% |
+0.01 |
|
30-Year Jumbo |
6.90% |
-0.02 |
|
5/1 ARM |
6.26% |
-0.01 |
Freddie Mac and the Mortgage Bankers Association also report slightly different averages, but the story remains the same—rates are range-bound for now, but potentially on the verge of movement .
What This Means for Colorado Buyers and Sellers
At Corken + Company, we’re monitoring these developments closely. The Denver Metro market continues to be shaped by affordability pressure and low inventory. However, homebuilders are responding, with modest price cuts and new construction inventory gradually coming online.
If rates drop in response to next week’s data, it could:
-
Stimulate buyer activity during the late summer window
-
Bring sidelined sellers back into the market
-
Renew refinance conversations for existing homeowners
On the flip side, a stronger-than-expected jobs report or persistent inflation data could push rates higher—making now a strategic moment to lock in.
A Smart Move in a Shifting Market
The housing market may feel stalled on the surface, but change is brewing. Whether you’re buying, selling, or simply watching the headlines, having a team that understands how national data impacts local decisions is critical.
At Corken + Company, we deliver real estate solutions without limits—and that includes helping our clients navigate moments of uncertainty with clarity and confidence.
Let’s talk strategy before the numbers hit.
📞 303-858-8003 | 🌐 www.corken.co
