Mortgage Rate History 2025. Rates reached 7.79% in october 2023 — the highest in 20 years. This is lower than the long term average of 7.73%.
By the final quarter of 2025, fannie mae expects that to slide to 6.0%. 30 year mortgage rate is at 6.89%, compared to 6.95% last week and 6.81% last year.
As We Move Into 2025, The Landscape Of Mortgage Rates Is Expected To Evolve, Influenced By A Variety Of Economic Factors And Market Trends.
Major industry players like fannie mae and the mortgage bankers association are forecasting a downward trend in rates throughout 2025.
But They Rose In 2022 As Inflation And Economic Pressures.
See how mortgage rates have changed over time and how rates have impacted the housing market in modern history with these interactive charts.
Mortgage Rate History 2025 Images References :
Projected Mortgage Interest Rate Forecast 2025.
Maximum interest rate 7.08%, minimum 6.66%.
This Is Lower Than The Long Term Average Of 7.73%.