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Mortgage Rates Set to Dip Amid Fed Discussions

7/2/2025

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Summary

Story summary

Mortgage rates are projected to decrease slightly in July, continuing June's trend amid stable inflation.
The Federal Reserve will discuss potential interest rate cuts during its meeting on July 29-30.
Home equity loans and HELOCs offer lower interest rates, averaging in the low-to-mid 8% range.
Experts anticipate minor declines in HELOC rates by year-end, while home equity loan rates are expected to remain stable.

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Story summary

Mortgage rates are projected to decrease slightly in July, continuing June's trend amid stable inflation.
The Federal Reserve will discuss potential interest rate cuts during its meeting on July 29-30.
Home equity loans and HELOCs offer lower interest rates, averaging in the low-to-mid 8% range.
Experts anticipate minor declines in HELOC rates by year-end, while home equity loan rates are expected to remain stable.