Mortgage Rates Hold Near 6.5% as Applications Edge Up 1%, New Home Sales Fall 7.3% and Existing Sales Hit 4.17M at a $429,300 Median

Mortgage Market Update: The 30‑year fixed sits at 6.49% in Freddie Mac’s June 25 survey, MBA applications rise 1.0% for the week ending June 19 on refi strength.