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If you had to do a double take, you are not alone.
GOBankingRates explored what mortgage rates will look like next yearamid slashed interest rates.
What Will Mortgage Rates Look Like?
The new outlet noted thats about a quarter point higher than it was at the month.
When Is a Good Time To Buy a Home in 2025?
If these trends hold, its realistic to expect rates to inch down over thenext six months.
One thing Im confident about: Dont hold your breath for a major drop.
Were not likely to see rates in the 5% range anytime soon.
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