2025 Mortgage Rates By Month. The new average (3.77%) is added to the lender margin, and the resulting expected rate is effective for new hecm applications from sept. How much will a $500,000 mortgage cost per month after rates are cut?
Economists at freddie mac expect mortgage rates to stay above 6.5% throughout the end of 2025, according to its july economic, housing and mortgage. Newly released projections by members of the fomc have the fed funds rate falling to an estimated 4.6% in 2025.