As homebuyers and sellers make their 2025 plans and assess their real estate goals, one question looms large: will mortgage rates drop this year? Still hovering at around 7%, mortgage rates remain an obstacle as buyers assess their finances and what they can afford to purchase and sellers try to decide if they should give up a lower rate for a higher one. If we attempt to make predictions into the future–which, of course, can’t be done with any certainty–we see that there could be some relief later on this year. Broken down by quarter in the graph below, we’re forecasting (as of January 2025) that rates will drop as the year progresses, land at around 6.5% by the end of 2025, and continue to drop in 2026.
Movement Mortgage offers expert guidance when factoring in your financial situation into your home-buying plans. Explore the DSCR Loan, aimed to help investors, landlords, those who fix and flip homes, and more. See a breakdown of the parameters of the loan below and contact a Movement Mortgage lender to find out if this is the right avenue for your purchase.
For more information, reach out to trusted Movement Mortgage lenders Jolene Messmer, Carese Busby, or Rick King.
