Predicting future home loan rates is a complex task that involves analyzing various economic factors. While it’s impossible to provide an exact figure for what home loan rates will be in 2025, we can explore the factors that will likely influence those rates and provide a general outlook. Interest rates are a key factor that affects home loan… Read More »
Forecasting future home loan interest rates is a topic of great interest to homeowners, potential buyers, and investors alike. In 2023, the average 30-year fixed mortgage rate in the United States hovered around 6%. However, predicting what mortgage rates will be in 2025 is a challenging task, as they are influenced by a complex interplay of economic factors.… Read More »
Conventional loan limits for 2025, as set by the Federal Housing Finance Agency (FHFA), determine the maximum amount of money that borrowers can borrow to purchase a home using a conforming conventional mortgage. Conforming conventional mortgages are those that meet the guidelines set by Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that purchase and guarantee… Read More »