Analysts forecast a gradual mortgage rate decline in 2025, though predictions vary in pace and depth.
Fannie Mae projects 30-year fixed rates falling to 6.1% in Q4.
MBA forecasts minimal change, with rates steady at 6.7% through Q3, dipping to 6.6% in Q4.
Despite Fed rate cuts, analysts note limited transmission to mortgage costs due to persistent inflation and yields.
Overall, 2025 forecasts suggest rates remain elevated but ease slightly, averaging between 6.3%-6.6%.
