Published August 6, 2025

Mortgage Interest Rates Drop in August 2025 – What Homebuyers in Arizona Should Know

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Written by Jenna Sanchez

Mortgage Interest Rates Drop in August 2025 – What Homebuyers in Arizona Should Know Blog by Jenna Sanchez, Arizona Realtor

Great news for homebuyers—mortgage interest rates just dropped for the first time in 2025! According to the latest Freddie Mac Primary Mortgage Market Survey (August 1, 2025), the average 30-year fixed rate fell to 6.74%, down from 6.92% the previous week.

This drop can increase your buying power and reduce your monthly mortgage payments, making now an ideal time to buy a home in Arizona. Combined with late-summer inventory and less buyer competition, this shift could give you the edge you’ve been waiting for.

Whether you’re a first-time buyer or looking to upgrade, I’d love to help you take advantage of this real estate market update.

Let’s talk strategy!

– Jenna Sanchez, Realtor®
@phoenixfamilyrealtor | Realty ONE Group
📚 Source: Freddie Mac PMMS



Categories

Mortgage Rates, Home Buying, Arizona Market Update
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