Mortgage Rate Projections 2025. The fed lowered its key policy rate by 50 basis points in september 2025, but treasury yields and mortgage rates increased on the news. Every change in rate means savings or costs for homebuyers.
Find out how mortgage rates are expected to change in october and the rest of 2025, based on expert opinions and economic data. Given a higher expected mortgage rate path this month, we reduced our refinance forecast by $10 billion in 2023 to $251 billion and by $14 billion in 2025 to $442 billion.
