Will Mortgage Rates Finally Drop in 2025?

With rates at their highest in over six months, this is the big question on everyone’s mind. The reality is, we’re not going back to the 3-4% rates we saw a few years ago. But there’s good news—experts expect rates to come down slightly over the year. If you look at the chart, projections suggest they’ll settle in the mid-to-low 6% range by the end of 2025.

That said, forecasts are based on what we know today. Since factors like inflation, employment, and market uncertainty all play a role in where rates go, we’ll likely see some fluctuations along the way.