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Mortgage rates are likely to come down before the end of the year -- but that drop may be minor. Here's how to snag the best rate either way. Prediction: Mortgage Rates Will Drop Before 2025
After dipping as low as 6.2 percent in September 2024, the average 30-year mortgage rate has risen to 7.08 percent as of early January 2025, despite three rate cuts from the Fed since September ...
“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 ...
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 ...
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.91%, up from last week's reading of 6.85% ...
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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