I ran across this article and felt it could serve buyers and sellers some insight on mortgage rates.
Written by Dave Gallagher
It’s possible mortgage rates — which have recently hovered under 6.6% — will drop to 6%, one economist noted, but it could take a couple of years to get there.
As the real estate industry waits for mortgage interest rates to drop into a range that’ll spark homebuyer activity, guessing when rates will rise and fall has become a frustrating game for many due to how intertwined these shifts are with other economic factors.
It would be simpler if mortgage rates were only tied to housing supply and demand. But rates are affected by so much more — and the economic surprises that can pop up from one day to the next make forecasting difficult.
Click here to read the full article: https://www.realestatenews.com/2025/08/30/why-are-mortgage-rates-so-hard-to-predict
Mary Cockburn/Associate Broker License #51526
Realty One of New Mexico
8500 Menaul Blvd NE Suite B-275
Albuquerque, NM 87112
505-639-2090 Mobile
505-554-2213 Office
MaryCockburn.Realtor@gmail.com
