Are Mortgage Rates Going Down In 2025. The mortgage bankers association predicts in its mortgage finance forecast that mortgage rates will gradually slide from 6.6% at the beginning of 2025 to 6.3% throughout 2026. The federal reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

Expect prime rate at 4.95% by the middle of 2025. The federal reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.