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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. ...
Realtor.com's 2025 housing forecast released Wednesday predicts the benchmark 30-year fixed rate mortgage will average around 6.3% in 2025, falling slightly to end the year at around 6.2%.
The average rate for a 30-year fixed-rate mortgage is already down to 6.5% right now, but experts expect further cuts to the federal funds rate, which should help push that down even more. Let's ...
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 ...
As of Sept. 19, the average interest rate on a 30-year mortgage was 6.09%. That's the lowest average rate since February 2023. And you may be itching to refinance now seeing as how rates are down.
See today's average mortgage rates for a ... a recent Freddie Mac report forecasts borrowing costs for the 30-year fixed rate to ease to a range of 6.3% to 6.4% by summer 2025 — though with ...
“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 ...
“Mortgage rates won’t fall enough [in 2025] to spur an increase in existing-home inventory, with most of the increase in inventory seen in the market coming from new construction,” says McBride.