Mortgage Rates Forecast 2025: What 10 Experts Predict
Weekly updated forecast from Fed, MBA, Fannie Mae, and 7 more expert sources. See when to lock your rate.
This Week's Forecast (November 23, 2025)
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Compare Rates Now →10 Expert Forecasts: 30-Year Fixed Rates
| Source | Q4 2025 | Q4 2026 | Confidence |
|---|---|---|---|
| Federal Reserve | 6.1% | 5.8% | High |
| Fannie Mae | 6.0% | 5.8% | High |
| Freddie Mac | 6.2% | 5.9% | High |
| MBA | 6.0% | 5.7% | High |
| NAR | 6.3% | 6.0% | Medium |
| Wells Fargo | 5.9% | 5.6% | Medium |
| Bank of America | 6.1% | 5.8% | Medium |
| Goldman Sachs | 5.8% | 5.5% | Medium |
| JPMorgan | 6.2% | 5.9% | Medium |
| Morgan Stanley | 6.0% | 5.7% | Medium |
| AVERAGE | 6.0% | 5.8% |
What These Forecasts Mean for Your Payment
A 0.75% to 1.0% drop in mortgage rates doesn't just look good on a chart — it can change your monthly payment by hundreds of dollars. Here are real 2025 examples using an estimated $400,000 loan amount on a 30-year fixed.
Today: 6.75%
- Principal & interest ≈ $2,594/mo
- Baseline payment if you buy or refi now
- Use our affordability calculator to see if this fits your budget.
End of 2025: 6.0% (Average Forecast)
- Principal & interest ≈ $2,398/mo
- ≈ $196/mo less than 6.75%
- ≈ $2,300/year savings
End of 2026: 5.8% (Experts' View)
- Principal & interest ≈ $2,345/mo
- ≈ $250/mo less than 6.75%
- ≈ $3,000/year savings
Already own a home at a higher rate? Those savings can often make a refinance worth it. Run the numbers with our Refinance Break-Even Calculator and compare that to today's offers.
Buying or refinancing in the next 90 days?
Combine this forecast with today's live mortgage rates to decide whether to lock now or wait.
Should You Lock or Wait?
Lock Now If:
- ✓You found your dream home and closing soon
- ✓Current rate is 6.5% or lower
- ✓You need payment certainty for budgeting
- ✓You can't afford to wait 3-6 months
- ✓Refinancing is an option if rates drop
Wait If:
- ⏳Still house hunting (no rush)
- ⏳Current rate quote is 7% or higher
- ⏳You can wait 3-6 months for better rates
- ⏳Fed rate cuts expected in next quarter
- ⏳You're comfortable with rate uncertainty
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Meet David
Refinance & Rate Specialist
David Rodriguez is a seasoned refinancing expert with over 10 years of experience in mortgage rate analysis and market trend forecasting. As a Certified Rate Lock Specialist, he has saved homeowners millions in interest payments through strategic refinancing timing. His expertise in Federal Reserve policy impact and mortgage-backed securities makes him a go-to expert for rate predictions and refinancing strategies.
EXPERTISE:
KEY ACHIEVEMENT:
Saved clients $50M+ in interest payments