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Still Waiting for Rates to Drop? Here’s What Experts Say…
If you’ve been holding off on making a move hoping for mortgage rates to dip, you may want to revisit that strategy.
The latest expert forecasts show rates are expected to remain in the mid-6% range through early 2026. That’s fairly close to where they are now. The good news? They aren’t projected to spike. The flip side? A major drop isn’t likely either.
Here’s what the updated projections for the 30-Year Fixed Mortgage Rate look like:
📊 Bottom Line: Mortgage rates are expected to hold steady in the 6% range—not drop drastically.
Should You Still Make a Move?
If you find the right home, in the right location, at the right price—it may still be a smart time to buy or sell. Waiting for a big drop in rates could mean missing out on the right property entirely.
📌 Key Insight from Yahoo Finance:
“If you’re looking for a substantial interest rate drop in 2025, you’ll likely be left waiting. The latest news from the Federal Reserve and other key economic data point toward steady mortgage rates on par with what we see today.”
Let's Talk Strategy
If you’ve been watching the market or wondering whether now is the right time to buy, sell, or invest—I’m here to help. As a trusted local expert, I stay on top of real-time mortgage data and housing trends so you can move forward with confidence.
📞 Let’s connect and talk about what this means for your move.
As the market shifts, having a professional in your corner who can keep you informed is essential.
Sources: Keeping Current Matters, Fannie Mae, MBA, Wells Fargo, Yahoo Finance
