Found 1 blog entry tagged as HELOC.

Realtor.com writes, "With 2025 underway and with the presidential inauguration on the horizon, speculation is rife about the direction of interest rates.

Here are some of the main outlooks for where they might be headed:

Mortgage rates

Last week, the Freddie Mac rate for a 30-year fixed mortgage rose to 6.91%, its highest level since July.

But Realtor.com® economists predict that mortgage rates will take a tumble in 2025.

According to our 2025 Housing Forecast, we will see an average mortgage rate of 6.3% in 2025.

Home equity loans and HELOCs

Home equity loan and HELOC rates are also expected to fall.

Bankrate predicts that in 2025, the average home equity loan rate will go from 8.41% to 7.9%, and the average HELOC rate will…

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