2025 Interest Rates Mortgage Rates. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2025. Affordability should begin to improve somewhat as central bank interest rates come down, making it cheaper for families that are using mortgages to buy homes.

Mortgage rates are expected to go down throughout the rest of 2025. And if this happens, his company believes this will drive mortgage rates down by 0.50 to 0.75%.