2025 Mortage Rate Forecast!

by David Johnson

As we gear up for 2025, mortgage rate forecasts are giving us a clearer picture

of what to expect. According to BAM’s latest report, 2025 mortgage rates are projected to range widely.

HousingWire projects rates ranging from 5.75% to 7.25%, offering a cautious outlook with one of the highest average predictions at 6.5%. National Association of Realtors (NAR) forecasts the lowest average rate at 5.9%, giving buyers a reason to stay optimistic. Bright MLS suggests rates will hover "above 6%." Zillow and Freddie Mac anticipate a gradual decline, signaling potential long-term relief for buyers. Goldman Sachs predicts an end-of-year rate of 6.1%, slightly below the average estimates.

With some forecasts predicting a gradual decline, waiting for rates to drop could be a strategy, but keep in mind that competition for homes might increase as affordability improves. If you’re considering buying now, locking in a rate before potential increases (as HousingWire suggests) could be a smart move.

Higher rates (like HousingWire's 7.25% peak) might push buyers to act sooner rather than later, creating urgency in the market. If rates begin to decline, buyer demand could surge, offering sellers the chance to negotiate favorable terms.

The real estate market is always shifting, but staying informed helps you make the best decisions for your goals. Whether you’re buying, selling, or just planning, I’m here to guide you through every step of the journey.

Let’s chat and explore your options in today’s market!

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