Quail Creek Homes | Russ Fortuno, Tierra Antigua Realty
Register Login (520) 333-0446
  • Bloglovin
  • Email
  • Facebook
  • LinkedIn
  • YouTube
  • Home
  • Homes for Sale
    • All Active Listings
    • Floor Plans
    • Homes w/ Pools
    • Single Family / Detached
    • Villas
  • Community Info
  • Amenities
  • Buyers
  • Sellers
  • About
  • Blog
You are here: Home / Blog / Market Trends

30-year fixed rate mortgage remains under 7 percent

May 15, 2025

Mortgage Interest Rates

The 30-year fixed rate mortgage (FRM) averaged 6.81 percent as of May 15, 2025, up from last week when it averaged 6.76 percent, according to the Freddie Mac. A year ago at this time, the 30-year FRM averaged 7.02 percent.

“The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “Stable mortgage rates coupled with moderately rising inventory are attracting homebuyers into the market, with purchase application activity up 18% from last year.”

The 15-year fixed-rate mortgage averaged 5.92 percent, up from last week when it averaged 5.89 percent. A year ago at this time, the 15-year FRM averaged 6.28 percent.

Filed Under: Market Trends Tagged With: Interest Rates

New Listing

NOTIFICATIONS

  • Email Alerts for New Listings
  • Save Your Favorites
  • Schedule Showing Requests
  • Price Change Notifications
  • Plus More…

Sign Up

What’s Your

HOME WORTH?

Find Out

Client

TESTIMONIALS

"Great Experience, and Russ provided the “right” support when I needed it most. Russ knew the market well and was very responsive. He did a great job of staging, put together an exceptional photo portfolio and excelled at marketing the property. Very appreciative of the great effort and support he provided, and would definitely recommend him for others."
- Tony H., Quail Creek
"Russ did a great job on taking us through the process of purchasing our new home. He is an excellent Realtor who smoothly managed our purchasing requests with fellow agents. He knows what needs to be done and worked hard to keep the process on track. He also used his list of resources to schedule home and pool inspections in a timely manner. Russ also walked us through the more challenging action of acquiring the sellers solar panel loan; a potentially lengthy process. Also, Russ was easy to contact and always got back to us immediately with accurate answers to our questions. His use of technology to officially sign documents was extremely helpful. Based upon our statement of needs, Russ was able to take us to homes that we felt would work well for us. My wife and I both highly recommend Russ Fortuno as an agent for any home buyer in the Green Valley and Quail Creek area."
- Wayne D., Quail Creek
"We had a great experience working with Russ Fortuno. After having a less than ideal experience with another real estate agent, we chose Russ to sell our home. We were very happy with his knowledge of the real estate market in our community of Quail Creek. He was very professional, and he never gave us unrealistic expectations. Russ was attentive to detail whether it be answering all our questions or having our house look perfect for photos. He was there for us until our house closed and we could not be more thankful for all his help and expertise."
- Sandra M., Quail Creek
View All

Listing Notifications

Sign Up! New listings delivered to your inbox!
Sign Up Now

Stay Connected

  • Bloglovin
  • Email
  • Facebook
  • LinkedIn
  • Phone
  • YouTube

agent photo

Russ Fortuno, Associate Broker

I'm a Southern Arizona native and Quail Creek resident. Whether you’re buying or selling a home in Quail Creek, you’ll experience unsurpassed service and professionalism at all stages of your real estate transaction. I welcome the opportunity to assist in your next home sale or purchase.
Meet Russ

Tierra Antigua Realty

18745 S. I-19 Frontage Rd., Ste. A105
Green Valley, AZ 85614
(520) 333-0446
Contact Russ

This site is not affiliated with Robson Communities or the Quail Creek Country Club Property Owners Association.
© 2025 Russell E Fortuno PLLC, All Rights Reserved. ADRE BR658088000   •   Privacy