Mortgage Rates Today: August 8, 2025

Written by: Sam Zehnder
  |  1 min read

Mortgage Rates Hold Steady at 11 Month Lows

 

This week, mortgage rates remained steady at their lowest point in nearly a year—a massive win for buyers looking to maximize their purchase power.

 

But these low rates aren’t just a win for buyers, even a slight dip in rates can save homeowners thousands with a refinance or by tapping into their home equity. At today’s levels, buyers and homeowners are getting a rare opportunity but there’s no telling how long it will last so we need to act fast.

 

The CPI report drops next week, and any sign of rising inflation could reverse this momentum fast.

 

What to Do:

  • If you are a buyer, reach out to your dedicated Loan Officer to get pre-approved now.
  • If you are a homeowner, have your Loan Officer calculate your savings and lock in on a new low rate.
  • If you are a real estate agent, encourage your buyers to get pre-approved asap so you can move quickly when they find the perfect home.

 

Get My Custom Rate Quote

No SSN required. Zero impact to credit. Your Information is never sold.