Interest Rates On Houses 2025. The average mortgage rate in 1981 was 16.63 percent. Housing market projections from economists at the university of michigan forecast that core cpi inflation will be around 4.0% year over year in 2024 q4, slowing down to 3.0%.
If you’re not in a rush and can handle some potential market uncertainty, waiting until 2025 could be advantageous if interest rates fall. Maximum interest rate 5.90%, minimum 5.53%.