Mortgage Rates In May 2025 – Maximum interest rate 6.67%, minimum 6.29%. The average for the month 6.50%. It may not feel like it at the time, but it certainly would be a nice little. Will mortgage rates go down in 2025 and 2026?
The report forecasts that mortgage rates will average 6.3% across 2025 and end the year at 6.2%. Maximum interest rate 6.86%, minimum 6.24%. The mortgage rate forecast at the end of the month 6.66%. Jason gelios, realtor, community choice realty:
Mortgage Rates In May 2025
Mortgage Rates In May 2025
If you're house hunting, here's how that may—or may not—impact 2025 mortgage rates. The average for the month 6.53%. We have modestly upgraded our mortgage rate outlook this month and expect rates will end 2025 and 2026 at 6.6% and 6.5%, respectively.
However, fed rate cuts don’t necessarily lead to lower mortgage rates. The mortgage bankers association predicts in its mortgage finance forecast that mortgage rates will gradually slide from 6.9% at the beginning of 2025 to 6.4% throughout 2026. Simply put, all three firms expect a mild mortgage.
If you’re unsure about where mortgage rates are headed in 2025, you’re in good company. Per fannie mae’s february economic developments report: Bankrate chief financial analyst greg mcbride shares his take on what will happen to mortgage rates in 2025.
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