Mortgage Interest Rate Forecast for 2024 and 2025
Collection Industry News
NOVEMBER 24, 2024
When Will Mortgage Rates Go Down? Mortgage rates are expected to fall below 6% in 2025, but the forecast is far from guaranteed. In January 2023, some analysts thought that rates would be around 4.5% by the end of 2024, which obviously didn’t come to pass. Fed Chair Jerome Powell says it best: “Forecasting are highly uncertain. Forecasting is very difficult.
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