Rewinding further, the 30-year average notched a high 7.37% last spring, so today's rates are significantly improved vs. 10 ...
In many markets, waiting for mortgage rates to fall could actually mean paying a higher price for your house, as lower rates will likely spur more demand from homebuyers. If you're on the fence ...
Some U.S. consumers are optimistic about the housing market in 2025, believing there's a chance mortgage rates and home prices drop. But how likely is that to really happen?