What changed in the latest releases
Freddie Mac reported a national average 30-year fixed mortgage rate of 6.66% and a 15-year average of 6.04% as of July 30, up from 6.58% and 5.96% one week earlier. These are market averages from loan applications—not rates offered to every borrower.
The Census Bureau and HUD estimated June new single-family home sales at a seasonally adjusted annual rate of 628,000, 1.6% above the revised May estimate but 5.6% below June 2025. Because the reported margins of error are wide, the agencies note that some month-to-month and year-to-year changes are not statistically significant.
What buyers can do with this information
- Request property-specific taxes and insurance before comparing payments.
- Compare builder incentives with the price and cost of comparable resale homes.
- Model at least two down-payment choices while preserving emergency reserves.
- Ask how long it takes upfront points or credits to break even.
- Do not apply a national inventory statistic to a specific neighborhood without local evidence.
Methodology and limitations
This report manually transcribes the latest values published by Freddie Mac and the U.S. Census Bureau/HUD, checks the release date, and preserves the agencies’ definitions. USAspending.net does not blend these series into a proprietary forecast.
PMMS is a national average and is not an advertisement or rate quote. New-home sales are estimates subject to sampling error and revision. The report does not measure resale inventory, local price conditions, individual borrower qualification or future rate movement.