Berkshire Hathaway’s outlook signals no sharp drops ahead, but steady, gradual easing looks more realistic by late 2025 into 2026.
Fannie Mae forecasts the 30-year fixed mortgage rate to end 2025 at 6.4% and decline to 5.9% by the end of 2026.
Mortgage Bankers Association (MBA) projects rates to average 6.7% in Q3 2025, slightly easing to 6.6% by year-end, and to 6.5% in early 2026.
National Association of Home Builders (NAHB) expects rates to remain near 6.6% through 2025, with a potential dip below 6% only by the end of 2027