The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last week.

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.77%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.

The current average mortgage rate on a 30-year fixed mortgage is 6.73% with an APR of 6.76%, according to the Mortgage Research Center. The 15-year fixed mortgage has an average rate of 5.71% with an APR of 5.