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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 ...
“After peaking at 6.84% for the week ending Nov. 21, the average rate on a 30-year fixed-rate mortgage has since come down to 6.60%.” Despite this decline, this average remains well above the ...
So if you signed your mortgage at 6.95%, you're better off refinancing to a rate of 5.85% than 6.09%, as that'll only mean more savings for you. Set yourself up for refinancing success
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 ...
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