Mortgage rates are based on bonds and bonds don't like inflation. When inflation reports are higher than the market expected, rates tend to rise, all other things being equal. But today's inflation numbers were a bit lower than the median forecast.
In 2021, we saw mortgage interest rates between 2% and 3% — some of the lowest rates we've ever had on record. Even now, mortgage rates hover around 7% for a 30-year conventional mortgage loan.
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in March 2025 and beyond. ... Mortgage rate forecast June 2025. Jeff Ostrowski. May 29, 2025 at 3:32 PM.
I took this rate-swing history and applied it to 2023’s year-end 6.6% average rate to create a forecast range for 2024. Some simple math suggests the average 30-year mortgage rate will run ...
Changes could be coming to mortgage rates this month, but they may not be what you expect, experts say. Getty Images Buyers have faced unprecedented challenges in the real estate market since the ...
Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.
Mortgage rates on July 17, 2025, hold steady as 30-year fixed sits at 6.625%. Here’s what today’s numbers mean for buyers and refinancers.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.