Projected Mortgage Rates In 2025. While these rates are higher than the historic lows. Right now, new york, florida, tennessee, and texas have the cheapest rates.
Now, mortgage rates are at their lowest level since june 2024 and are expected to go down further over 2025 although more slowly than previously anticipated. Bankrate predicts mortgage rates will fall to 6.5 percent by the end of next year, down 0.5 percent from the end of 2024.
