Mortgage Rate Forecasts: Is 2025 the Right Year to Buy a Home?

Mortgage Rate Forecasts: Is 2025 the Right Year to Buy a Home?
Those who can find affordable and reasonable homes today may want to move forward. Roman Samborskyi/Shutterstock
Javier Simon
Updated:
0:00

Following a year of volatile mortgage rates and stubborn inflation, many potential homebuyers are wondering if mortgage rates would sink to an affordable level in 2025.

But despite recent dips, mortgage rates remain historically high. The average 30-year fixed rate mortgage for the week ended Nov. 27 is 6.81 percent, slightly down 0.41 percent from the year prior, according to the latest data from Freddie Mac.
Javier Simon
Javier Simon
Author
Javier Simon is a freelance personal finance writer for The Epoch Times. He specializes in retirement planning, investing, taxes, fintech, financial products and more. His work has been featured by major publications including Fox Business, The Motley Fool, NerdWallet, and Money Magazine.