Mortgage Rates Hold Steady with Slight Increases

Current average rates for 30-year fixed mortgages remain under 6.5%, while 15-year terms stay below 6.0%.

The average rate for a 30-year fixed mortgage is approximately 6.33% to 6.46%, showing minor fluctuations.
15-year fixed mortgage rates are steady at around 5.41% to 5.94%.
Jumbo mortgage rates have minor changes, with 30-year terms averaging around 6.50% to 6.71%.
The Federal Reserve is expected to cut its benchmark rate in the upcoming September meeting.
Freddie Mac reports a slight decline in weekly average rates, reflecting broader economic expectations.