Mortgage rates today, July 29: 30-year fixed at 6.625%, 15-year fixed at 5.75%. Explore current rates, tips to save, and market insights.

For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon. On July 30, the Federal Reserve is expected to keep borrowing rates the same at its fifth monetary policy meeting this year.

The VA Standard Loan allows qualified borrowers to buy, build, repair, maintain, or adapt a primary residence with terms that offer both confidence and convenience. The VA Interest Rate Reduction Refinance Loan (IRRRL) helps existing VA loan holders lower their monthly payments and interest rates with a fast, hassle-free process.

Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.

Mortgage rates dropping to 6% would allow for over 5 million more households to afford a home, according to the National Association of Realtors.

Facing higher home prices and interest rates, many buyers are looking for mortgage co-signers. But things can get tricky when it’s time to sell.

Sen. Adam Schiff is under scrutiny after the FHFA accused him of falsifying documents to claim primary residency in both Maryland and California in order to secure favorable mortgage terms.

Safely unlock your home's value with these standout lenders and useful tips to help you avoid costly mistakes.