Mortgage rates remain high
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Mortgage ratesYahoo Finance
•Business
Business & Economics
When will mortgage rates go back down to 6%?

79% Informative
The average 30-year mortgage rate has hovered between 6% and 7% for the bulk of the last two years .
Rates' direction will depend heavily on inflation and the Federal Reserve’s response to it.
Mortgage Bankers Association forecasted a 6.7% rate by the end of 2025 .
Neither Fannie Mae nor the Mortgage Bankers Association predicts that mortgage rates will fall under 6% in 2025 or 2026 .
Many factors could change those projections, including Federal Reserve moves, inflation, tariffs, and employment data.
It is unlikely mortgage rates ever fall as low as 3% again.
There are still steps you can take to make getting a mortgage more affordable.
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