Forecasting Mortgage Rates: When Will They Hit 5%?

Mortgage Rates have become quite a topic of the town these days. As of mid-2025, the average 30-year fixed mortgage interest rate across the length and breadth of the U.S. is roughly 6.98% wherein it is based on a Reuters poll. This is way above many predictions, so the affordability has been tougher than before for people in order to buy their own homes.