Search results
Results from the WOW.Com Content Network
For much of 2023 and parts of 2024, mortgage rates were above 7%. So if you locked in a mortgage rate of 7.25% and rates fall to 5.9% in 2025, that's a wide enough spread for a refinance to make ...
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 ...
The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other borrowers. Policymakers at the Bank of England opted to reduce interest rates ...
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 ...
Fannie Mae recently predicted that the average 30-year mortgage rate will fall to 5.7% by the fourth quarter of next year, and the Mortgage Bankers Association has a similar forecast of 5.8% ...
“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 ...
Real estate brokerage Redfin also released its 2025 forecast Wednesday, and it has an even less hopeful outlook: It expects mortgage rates to be in the 6.8 percent range a year from now.
Fannie Mae: This mortgage-industry giant predicted in March that the average 30-year fixed rate will drop to 6.4% by the end of 2024. That forecast is an upward revision of a previous 5.9% prediction.