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“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 ...
Housing market predictions for 2025. Andrew Dehan. ... the Fed will only cut its policy rate twice in 2025, keeping mortgage rates high,” Redfin economists Daryl Fairweather and Chen Zhao said ...
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 ...
Zillow predicts the US housing market will keep shifting in 2025.. The real-estate firm says the average home value rose by 2.6% annually in October. It says homebuying activity should pick up ...
The NAR also projected 4.5 million existing home sales in 2025 and forecast house prices increasing by about 2%. ... The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6. ...
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%.
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