Rates likely to fall below historical norms; over last half century they were typically 7.7%.
By TRD Staff
01.2.25
(Illustration by The Real Deal; Getty)
Drum roll: mortgage rates could either dip or tick up slightly next year.
Home loan pricing will likely run between 6.15 percent and 7.55 percent, according to a forecast by the Orange County Register, based on 52 years worth of Freddie Mac mortgage statistics.
The forecast is based on the average difference between the year’s high and low rate — 1.4 percentage points — and applied it to the 6.85 percent rate at year-end 2024.