Will Mortgage Rates Ever Drop? Here’s the Scoop

Thinking about buying a home? Here’s the latest: Fannie Mae just bumped up its mortgage rate forecast—now expecting rates to hover around 6.5% through 2025. That’s higher than they predicted just last month! Even though rates aren’t dropping as fast as we hoped, there’s a silver lining: more homes are hitting the market, so buyers have more choices and a bit more negotiating power. If you’re waiting for those 3% rates to come back, don’t hold your breath—but you might score a better deal with more inventory! #HomeBuying #MortgageRates #RealEstateTips #RealEstate