While no agency provides mortgage rate projections this far out, the MBA published a five-year forecast of average 30-year fixed mortgage rates from 2023 through 2027: 2023: 7.3% 2024: 6.3% 2025: 5.9% 2026: 5.9% 2027: 6.0% Will mortgage rates go down in 2025? The short answer is, ...
What is the long-range forecast for mortgage rates? Predicting the future of mortgage rates is a difficult business. There are myriad factors that go into determining the mortgage rate environment, including the federal interest rates set by the Federal Reserve, the state of the economy and the...
Highest average rate* 11.20% (1979) Lowest average rate* 7.54% (1971) *Freddie Mac data Mortgage rate predictionsWhile we can try to guess based on historical data, no one knows for certain what will happen to future mortgage rates over time — whether they’ll change at all, or when...
What's the mortgage interest rate forecast for fall 2024? Here's what some experts think could happen to mortgage rates this fall:Mortgage rates will gradually decline Many experts we interviewed believe mortgage rates will gradually decline this fall. With the Fed expected to cut rates for the...
Published weekly for over 35 years, MarketTrends is the weekly mortgage market commentary and weekly mortgage rate forecast from HSH Associates, the nation's largest publisher of mortgage information.
Mortgage Rate Forecast for 2024 and 2025 Wondering if mortgage rates are going up or down in 2024 and the year after? Wonder no longer. The following table provides2024 mortgage rate predictionsfor the 30-year fixed from well-known groups in the industry, along with a 2025 estimate if availa...
In Fannie Mae’s most recentHousing Forecast, the mortgage giant has some pretty bold predictions about the future of mortgage rates. It says the average interest rate for 2020 will drop to 3% — before falling down to 2.9% in 2021. ...
April mortgage rate forecast Mortgage rates shouldn’t change much in April, as inflation remains stubbornly elevated. The inflation rate has been falling since October 2022, but progress has felt as maddeningly slow as the driver who doesn’t notice when the light turns green. Inflation's declin...
Rates have been trending down and you might be wondering if it’s worth it to refinance your mortgage. It is usually worth to do so if you can lower your interest rate enough to save money month-to-month and in the long term. Depending on your current loan, dropping your rate by 1%...
Are you considering buying a home orrefinancingin the near future? Here's what you can expect formortgage ratesthisfall, according to the pros. Learn more about the top mortgage rates you could qualify for here. What's the mortgage interest rate forecast for October 2024?