Drum roll: mortgage rates could either dip or tick up slightly next year.<\/p>\n
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.<\/p>\n
The forecast is based on the average difference between the year\u2019s high and low rate \u2014 1.4 percentage points \u2014 and applied it to the 6.85 percent rate at year-end 2024.<\/p>\n
This year, mortgage rates averaged 6.72 percent, which ranks as the 31st-highest yearly rate in 52 years. A typical mortgage rate over the past half century is 7.7 percent. The worst rate for borrowers was in 1981, at a typical 16.7 percent.<\/p>\n
For 2024, the 6.72 percent average rate was 0.09 percent less than the 6.81 percent last year. It\u2019s the 24th biggest dip since 1972.<\/p>\n
However, if the year\u2019s final weekly rate of 6.85 percent is stacked up against the end of 2023, rates rose by 0.24 percentage points. That\u2019s the 16th largest increase, by this measurement.<\/p>\n
This year\u2019s highest rate of 7.22 percent came the week of May 22. Looking back 52 years, that ranks as only the 30th highest on record, according to the Register.<\/p>\n
There\u2019s a 12 percent difference in the size of the mortgage check between this year\u2019s highest and lowest rates. That ranks No. 27 over 52 years and under the 14 percent average spread.<\/p>\n
In short, the ups and downs of next year\u2019s mortgage rates won\u2019t be dramatic. In fact, the rates will likely fall beneath historic norms, according to the newspaper\u2019s analysis by Jonathan Lansner.<\/p>\n
Q: What is the forecasted range for mortgage rates in 2025?<\/strong> Q: What is the average difference between the year\u2019s high and low rate?<\/strong> Q: What is the typical mortgage rate over the past half century?<\/strong> Q: What was the worst rate for borrowers in 1981?<\/strong> Mortgage Rates Forecast for 2025 Drum roll: mortgage rates could either dip or tick up slightly next year. Forecast Based on Historical Data 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 […]<\/p>\n","protected":false},"author":3,"featured_media":4425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-4424","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-real-estate"},"jetpack_featured_media_url":"https:\/\/i3.wp.com\/static.therealdeal.com\/wp-content\/uploads\/2025\/01\/Mortgages-to-Hover-From-6.15-to-7.55-in-2025-ft.jpg?w=1920&resize=1920,1344&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/4424"}],"collection":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/comments?post=4424"}],"version-history":[{"count":1,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/4424\/revisions"}],"predecessor-version":[{"id":4426,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/posts\/4424\/revisions\/4426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/media\/4425"}],"wp:attachment":[{"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/media?parent=4424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/categories?post=4424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citystuff.com\/los-angeles\/wp-json\/wp\/v2\/tags?post=4424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nA: Mortgage rates are expected to range between 6.15 percent and 7.55 percent.<\/p>\n
\nA: The average difference is 1.4 percentage points.<\/p>\n
\nA: The typical mortgage rate over the past half century is 7.7 percent.<\/p>\n
\nA: The worst rate for borrowers in 1981 was 16.7 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"