In July , the average rate on a 30-year fixed rate mortgage was 8.25 percent , below June 's 8.32 percent but still higher than February 's 7.03 percent , the report noted .
<response> In July , the average rate on a 30-year fixed rate mortgage was 8.25 percent , below June 's 8.32 percent but still higher than February 's 7.03 percent , the report noted . </response>