mortgage rates stay below 7%

mortgage rates stay below 7%

Will Mortgage Rates Stay Below 7%

Yes, mortgage rates are expected to stay below 7% for at least the next 12-24 months; in the past 12 months, the average 30-year fixed rate has hovered around 6.3%. Current data shows a tight supply and a moderately resilient housing market, which helps keep rates sub-7%. Financial Disclaimer: