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The NAR also projected 4.5 million existing home sales in 2025 and forecast house prices increasing by about 2%. ... The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6. ...
They expect mortgage rates to stay above 6% next year and end 2025 at 6.1%. According to Freddie Mac data, the 30-year fixed-mortgage rate was 6.54% as of October 24, up from a 6.36% four-week ...
Key housing market stats. The median home-sale price in the U.S. as of September 2024 was $404,500, according to NAR. That’s a year-over-year increase of 3 percent and the highest September ...
“Looking at the end of this year and into 2025, I foresee mortgage rates staying in the 6% range, likely bouncing between 6% and 7%,” shared Dan Richards, president of Flyhomes Mortgage. “A ...
Yet based on Trump's stated economic plans, Yun said he thinks the average 30-year fixed mortgage rate will bounce around between 6% and 7% for the next year, and could stick around 6.5% for much ...
See today's average mortgage rates for a ... any adjustment to the benchmark rate could influence borrowing costs as we head into 2025. The current average interest rate for a 30-year fixed ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
The average estimate for the 30-year fixed-rate mortgage by the end of 2024, for example, hit 6.21 percent, still the highest in more than a decade, according to the economists who gave a forecast ...