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According to Freddie Mac, the average rate for a 30-year fixed-rate mortgage has fallen to 6.47%, a steep decline from 6.73% a week ago and the 2024 high of 7.22%. Rates on 15-year mortgages fell ...
A best-case scenario probably has mortgage rates dipping into the 4% range by the end of 2025. But rates in the 5% range are more likely. Buyers also shouldn't necessarily expect sub-6% mortgage ...
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in January 2025 and beyond. ... Mortgage rate forecast February 2025. Jeff Ostrowski. February 1, 2025 at 5:00 AM ...
For January 2025, the 30-year mortgage rate averaged 7.09 percent, according to Bankrate’s lender survey. 2020s mortgage rate trends Entering 2020, the 30-year fixed-rate mortgage was already ...
“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 ...
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 ...
Freddie Mac reports an average 6.93% for a 30-year fixed-rate mortgage, up 2 basis points from last week's average 6.91%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
After dipping as low as 6.2 percent in September 2024, the average 30-year mortgage rate rose back above 7 percent for most of early 2025. Previous predictions of lower rates in 2025 appear to be ...
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