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Realtor.com’s 2025 Housing Forecast predicts that the average mortgage rate will be 6.3% in 2025, ... Hale noted that since 2022, mortgage rates have spanned a roughly 6% to 8% range.
See today's average mortgage rates for a ... After increasing the target interest rate 11 times from March 2022 to July 2023 in an ... Bankrate. Accessed January 4, 2025. Housing Forecast ...
The NAR also projected 4.5 million existing home sales in 2025 and forecast house prices increasing by about 2%. ... year fixed-rate mortgage will average around 6.0% next year and help to boost ...
A couple of forecasts are more optimistic about how low the average rate on a 30-year mortgage will go in 2025. Fitch Ratings sees it ranging from 5.8% to 6.4%, while TD Economics predicts the average rate will drop to 5.8% by the end of the year. The average rate is still below its historical average of 7% going back to 1971.
Average mortgage rates are moderately lower as of Thursday, January 2, 2025, with the average 30-year purchase rate dipping below 7.00% in the new year — about where we were this time last year ...
Redfin, a Seattle, Washington-based real estate giant, forecasts average 30-year fixed mortgage rates will remain in the high 6% range over the duration of 2025. Online real estate marketplace ...
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