Average Home Interest Rates 2025. While the fed has signaled plans for one more rate cut for 2024, housing market experts expect mortgage rates to remain stubbornly high and only gradually ease as we move into 2025. Both of these rates increased compared to the month before.
While the fed has signaled plans for one more rate cut for 2024, housing market experts expect mortgage rates to remain stubbornly high and only gradually ease as we move into 2025. The report forecasts that mortgage rates will average 6.3% across 2025 and end the year at 6.2%.