Mortgage interest rates moved in opposite directions, but one benchmark rate saw a decline. Rates change on an hourly, daily and weekly basis.

Mortgage rates will probably stay about the same in August. If they change, they're more likely to go down than up. Even if mortgage rates fall a little bit, it won't be enough to wake up the sleepy housing market. When would-be home buyers dream, visions of mortgage rates below 6.5% dance in their heads. But rates won't fall that low in August.

Mortgage rates are down and still under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.72%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.