W
ondering where mortgage rates are headed? You're not alone. After a period of ups and downs, everyone wants to know: What will Mortgage Rates be from August to December 2025? Good news, things are looking brighter! My analysis suggests that mortgage rates will likely hover in the mid-6% range, gradually decreasing to around 6.3%-6.5% by December 2025.
Since the start of the year, high mortgage rates have made buying a home more difficult. But don't lose hope! Let's get a grasp on the current situation and review the trends. As of July 10, 2025, here's where we stand:
* 30-Year Fixed Rate Mortgage (FRM): Averaging 6.72%
* 15-Year FRM: Averaging 5.86%
These numbers paint a clear picture. While rates are lower than the 52-week high of 7.04%, they're still considerably higher than the ridiculously low rates we saw a few years ago.
Most experts believe rates will stay in the mid-6% range, perhaps drifting down to 6.3%-6.5% by year's end. I wouldn't expect any big drops below 6%. Here are some predictions from leading sources:
* Long Forecast: August 2025 (Average 6.59%), December 2025 (Average 6.29%)
* National Association of REALTORS (NAR): Average 6.4% for the second half of 2025
* Fannie Mae: Predicting that 30-year mortgage rates will end 2025 at 6.5%, and go down to 6.1% by the end of 2026
* Mortgage Bankers Association (MBA): Anticipating rates near 6.8% through September 2025, then gradually decreasing to 6.7% by year-end
A number of economic factors will affect mortgage rates from August to December 2025, including inflation, Federal Reserve policies, and the housing market. As someone who's watched these financial currents for a while, my best advice is to stay informed and be ready.
The takeaway? Mortgage rates are likely to remain in the mid-6% range, with some slight decreases possible. Keep tabs on economic developments and talk to mortgage experts for advice.
