Mortgage Rate Prediction 2025. The average for the month 6.50%. While lower than the peak of 8% rates, it's still significantly higher.
It fell to 6.86% in the last week of june. By the final quarter of 2025, fannie mae expects that to slide to 6.0%.
Here's Where Three Experts Predict Mortgage Rates Are Heading:
The market consensus on the mortgage interest rate forecast in canada is for the central bank to hold rates at 4.75% at their july 2024 meeting, and cut by 0.25% in september.
As Rossman Explains, A $300,000 Loan Translates To A Monthly Payment Of $1,996 At A 7% Rate.
Mortgage rates are not going down right now, but expert rate predictions say they will end 2024 between 6.6% and 6.7%.
Mortgage Rate Prediction 2025 Images References :
Rates Will Average 6.9% In Q3.
As for 2025, fannie mae expects mortgage rates to average 6.7%.
See Mortgage Interest Rate Expectation/Forecast In This Table.
National association of realtors (nar):