interest rate forecast 5 years

As Fed Governor Christopher Waller said on February 8, inflation remains quite elevated, and so more needs to be done. Further hikes beyond June are possible, as is the Fed making a larger 0.5-percentage-point move at an upcoming meeting. He forecasts house prices in the UK will fall by 5% between the end of this year and 2024. Mortgage interest rates follow the same pattern as the stock market does, with periods of high profitability followed by periods of low profitability. Oregon Economic Forecast. Jerome Powell, chairman of the US Federal Reserve, during an interview for an episode of "The David [+] Rubenstein Show: Peer-to-Peer Conversations" at the Economic Club of Washington in Washington, DC, US, on Tuesday, Feb. 7, 2023. The 15 Year Mortgage Rate forecast at the end of the month 10.92%. Home loan rates will rise steadily before peaking in . Source: www.canstar.com.au - 10/11/2022. WSJ Prime Rate Outlook. Maximum interest rate 10.92%, minimum 10.01%. Home sales price: The median existing-home sales price rose 3.5 percent from one year ago, to $370,700, according to November 2022 data from the National Association of . David is a Certified Business Economist as recognized by the National Association for Business Economics. The best healthcare stocks offer investors a defensive hedge in an uncertain market. The Fed is now expected to hike rates at upcoming meetings in March, May and June, according to interest rate futures. The 30 Year Mortgage Rate forecast at the end of the month 9.87%. All else being equal, the strategy results in lower long-term bond prices and higher yields. For context, the current 30-year fixed mortgage rate is at 5.25%, slightly lower than that of Bankrate. This is particularly true for longer-term interest rates, as the discrepancy is magnified over time. The tide could be turning for the beaten-down technology sector, which makes these top tech stocks worth a closer look. Please make a bookmark to visit us in a week. Long-term CD rates generally follow Treasury yields with similar maturities. The 15 Year Mortgage Rate forecast at the end of the month 15.39%. Bank of Canada Interest Rate Forecast for the Next 5 Years. The Reserve Bank of Australia (RBA) hiked its policy interest rates by 25 basis points to 3.35% on 7 February 2023 to cool inflation rate, which is running hot at over 30-year highs.. Mortgage Interest Rate forecast for June 2026.Maximum interest rate 15.85%, minimum 14.93%. Mortgage rates will likely ease further. The average for the month 15.17%. Published 21 December 22. The question now is where in the 5% to 6% range rates will land in 2023. The 30 Year Mortgage Rate forecast at the end of the month 17.31%. AAA bonds are now yielding 4.3%, BBB bonds, are 5.3%, and CCC-rated bond yields are at 14.1%. Maximum interest rate 8.66%, minimum 8.16%. Mortgage Interest Rate forecast for December 2024.Maximum interest rate 14.36%, minimum 13.52%. Starting with the update on June 21, 2019, the Treasury bond data used in calculating interest rate spreads is obtained directly from the U.S. Treasury Department . 15 Year Mortgage Rate forecast for July 2025.Maximum interest rate 14.85%, minimum 13.62%. The latest reading showed that price growth jumped to 7.8% in the fourth quarter of 2022 and the monthly inflation climbed to a new peak of 8.4% in December 2022, well above RBA's inflation target range of 2-3%. Interest rate estimates should not be utilized in place of your own study. Latest available data for a fixed period, The average credit card rate will rise to 20.5 percent by the end of 2023, up 90 basis points from a year ago, according to . By David Payne 2023 Capital Com SV Investments Limited. "As the Fed raises interest rates, the mortgage market will simply yawn . 100. 2022: 6 . The federal funds rate is projected to average 3.1 percent. Hes also the host of the top-ratedpodcastPassive Real Estate Investing. Organisation for Economic Co-operation and Development (OECD), Source: Kiplinger is forecasting that the 10-year Treasury will rise to 1.8% by the end of 2021 and 2.3% . The average for the month 12.95%. 15 Year Mortgage Rate forecast for September 2025.Maximum interest rate 15.42%, minimum 14.52%. Norada Real Estate Investments The 15 Year Mortgage Rate forecast at the end of the month 11.15%. Looking into 2023, economic growth is expected to decelerate further, as monetary policy moves well into restrictive territory, pushing growth to a sub-trend pace through 2024. Part of the challenge for the Fed is the lagged effects of monetary policy. 30 Year Mortgage Rate forecast for March 2024.Maximum interest rate 10.17%, minimum 9.57%. The Federal Open Market Committee (FOMC) meets eight times a year to set interest rates. Mortgage rates will likely ease further. Risk warning: onducting operations with non-deliverable over-the-counter instruments are a risky activity and can bring not only profit but also losses. Interest rate forecasts shouldnt be used as a substitute for your own research. If you are refinancing an existing loan, the amount you will be paying will depend on your current interest rate and the total amount of your loan. Interest Rate Forecasts. 30-year fixed-rate loans are around 6.1%, after peaking at . The average for the month 8.65%. Growth stocks, which rely on lending and capital, could also suffer as investors look for value in profitable companies to ride out market volatility and a downturn. The Reserve Bank of India raised its key repo rate by the expected 25 bps to 6.5% during its February 2023 meeting, the sixth rate hike in a row, amid easing inflation prompted by moderation in food prices. Projected interest rates in 5 years in the UK. The average for the month 6.65%. The 15 Year Mortgage Rate forecast at the end of the month 8.83%. 15 Year Mortgage Rate forecast for May 2024.Maximum interest rate 10.01%, minimum 9.17%. Mortgage Interest Rate forecast for June 2025.Maximum interest rate 14.03%, minimum 13.01%. Texas Housing Market Predictions & Trends 2023, California Housing Market: Prices, Trends, Forecast 2023, 21 Best Cities to Invest in Real Estate in 2023, Atlanta Real Estate Market: Prices, Trends, Forecasts 2023, Dallas Housing Market: Prices, Trends, Forecast 2023, Houston Real Estate Market: Prices, Forecast, News 2023, Housing Market News 2023: Todays Market Update, Housing Shortage in the US: Challenges and Solutions. 15 Year Mortgage Rate forecast for November 2023.Maximum interest rate 8.37%, minimum 7.67%. Previously, he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight, and an economist in the Chief Economist's Office of the U.S. Department of Commerce. Mortgage Interest Rate forecast for October 2025.Maximum interest rate 15.59%, minimum 14.69%. The 30 Year Mortgage Rate forecast at the end of the month 7.52%. Accordingly, in CBOs projections, the 3-month Treasury bill rate will fall to 2.4 percent by the fourth quarter of 2026. The average for the month 17.73%. While pent-up demand, particularly for travel, means inadequate supply to delivery chains still rattled by Covid-19, Russias invasion of Ukraine and the ensuing energy insecurity have ramped up the price of oil and gas. Mortgage Interest Rate forecast for April 2026.Maximum interest rate 18.26%, minimum 17.20%. David is both staff economist and reporter for The Kiplinger Letter, overseeing Kiplinger forecasts for the U.S. and world economies. When it comes to the future of mortgage interest, we don't know exactly what will happen. The Feds goal is a 2% annual inflation rate, and the Fed is worried we arent on track to get there. Now the consensus view is that the Fed has more work to do in moving up rates and hikes could continue at least until the Feds June meeting, possibly even beyond. The average for the month 9.12%. Long-term interest rates forecast refers to projected values of government bonds maturing in ten years. Mortgage Interest Rate forecast for December 2024.Maximum interest rate 12.36%, minimum 11.64%. The 15 Year Mortgage Rate forecast at the end of the month 15.45%. The 30 Year Mortgage Rate forecast at the end of the year is projected to be 13.9%. The 30 Year Mortgage Rate forecast at the end of the month 9.17%. Markets expect smaller interest rate moves to continue for the first half of 2023. The 30 Year Mortgage Rate forecast at the end of the month 12.46%. The average for the month 7.48%. Since the Reserve Bank of Australia (RBA) began lifting the cash rate in May 2022, there have been . 15 Year Mortgage Rate forecast for September 2024.Maximum interest rate 12.04%, minimum 11.15%. The average contract rate on a 30-year fixed-rate mortgage increased by 9 basis points to 6.71% for the week ended Feb. 24, data from the Mortgage Bankers Association (MBA) showed on Wednesday, a . Other short-term interest rates will rise along with the federal funds rate. Mortgage Interest Rates Forecast, Predictions, Trends 2023; Economic Forecast 2022-2023: Forecast for Next 5 Years; . * The confidence interval is derived from forecasts of the average level of short-term interest rates in the fourth quarter of the year indicated; more information about these data is available in table 2. Maximum interest rate 7.41%, minimum 6.92%. NAR is forecasting the 30-year rate to average between 5% and 5.5% throughout most of 2023. The current housing market. The 30 Year Mortgage Rate forecast at the end of the month 12.94%. Mortgage Interest Rate forecast for August 2026.Maximum interest rate 15.43%, minimum 14.53%. Repayment calculations based on a P&I loan with a term of 30 years. Change for week +0.13. When you purchase through links on our site, we may earn an affiliate commission. The average for the month 15.68%. It anticipates that the Federal Reserve's reduction in its portfolio of long-term assets will raise interest rates on long-term Treasury securities for two reasons: First, shrinking its balance sheet indicates to investors that the Federal Reserve is dedicated to tightening monetary policy and, as a result, is likely to continue rising the federal funds rate target range, enhancing investors' expectations about the future direction of short-term interest rates. The 30 Year Mortgage Rate forecast at the end of the month 12.15%. The 30 Year Mortgage Rate forecast at the end of the month 8.44%. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. 30 Year Mortgage Rate forecast for March 2026.Maximum interest rate 18.06%, minimum 17.00%. Mortgage Interest Rate forecast for December 2023.Maximum interest rate 9.45%, minimum 8.89%. There's even an slim chance that rates touch 6%, but it's much less likely. This forecast is likely to manifest as a decline in the coming year, a plateau in 2024, and then a period of relatively robust growth. Policymakers may look into economic indicators such as consumer price index (CPI), gross domestic products (GDP) and other benchmarks when deciding on monetary policy. The 15 Year Mortgage Rate forecast at the end of the month 15.43%. The average for the month 7.96%. Maximum interest rate 7.13%, minimum 6.71%. The average for the month 13.23%. Here's the math: If you have $1,000 deposited in a traditional savings account at a big bank that pays the current average rate of 0.35%, your deposit would earn $3.50 over the course the year. The US hit the traditional definition of a recession in the second quarter of 2022, experiencing a contraction in the gross domestic product (GDP) for the second quarter in a row. The average for the month 16.65%. The 15 Year Mortgage Rate forecast at the end of the month 8.65%. These other factors can include taxes, insurance, building costs, and utilities. Long-term interest rate forecasts stretch into next year and over the next 10 Federal Open Market Committee (FOMC) meetings. The 30 Year Mortgage Rate forecast at the end of the month 13.94%. The average for the month 15.37%. US Prime Rate Forecast is at 5.75%, compared to 5.76% last year. The 30 Year Mortgage Rate forecast at the end of the month 11.24%. Part of the reason for this is that the Fed will release a Summary of Economic Projections, updating its December 2022 forecasts for where rates will end up this year. Please refer to our Risk Disclosure Statement. In 2022, CBO expects inflation to remain high due to factors that keep supply growing slower than demand in product and labor markets. Mortgage Interest Rate forecast for June 2023.Maximum interest rate 7.57%, minimum 7.13%. The 30 Year Mortgage Rate forecast at the end of the month 8.95%. Interest costs are forecast between 5.3% and 6.3% by the second quarter of 2022 and rise to 5.3-7.0% in the fourth quarter. Mortgage Interest Rate forecast for April 2023.Maximum interest rate 7.00%, minimum 6.60%. Click here for a free issue of The Kiplinger Letter or for more information. 30 Year Mortgage Rate forecast for March 2023.Maximum interest rate 6.85%, minimum 6.45%. Bankrate's forecast shows those rates continuing to break records. The average for the month 14.98%. Mortgage Interest Rate forecast for June 2026.Maximum interest rate 18.06%, minimum 17.00%. In 2022, long-term interest rates are predicted to rise significantly from their 2021 lows. S&P 500 Prediction. In that February report, the Bank's forecasts had predicted that real GDP would fall slightly over the coming quarters, as high energy prices and higher market interest rates continue to weigh on spending. Still, interest rates will eventually head higher (although nowhere near what we saw in the 1980s). The Bank of England has raised interest rates for the 10th time in a row, but analysts predict it is nearing the peak. Stock Market Forecasts. (adsbygoogle = window.adsbygoogle || []).push({}); Current 30 Year Mortgage Rate equal to 6.65%. The OECD predicts that inflation would decline steadily over the next 18 months, reaching 5.7% by the end of this year and 2.8% by the end of 2023. The Covid-19 pandemic imposed another cut to almost 0%, with recent inflationary pressures forcing the Fed to begin tightening policy. Capital Economics thinks inflation will reach 2.6% by 2024, while the CBO anticipates inflation will average 2.4% between 2026 and 2031. The average for the month 15.87%. (A basis point is equivalent to 0.01%.) The average for the month 14.92%. The 15 Year Mortgage Rate forecast at the end of the month 15.33%. Mortgage Interest Rate forecast for June 2025.Maximum interest rate 16.52%, minimum 15.23%. Interest Rate Forecast 2023/2024 - was last updated on Tuesday, February 28, 2023. Mortgage Interest Rate forecast for October 2026.Maximum interest rate 18.54%, minimum 17.46%. The Bank of Canada (BoC) raised interest rates for most of 2022, reaching a target rate of 4.25% heading into the new year. The higher the interest rate, the less attractive the opportunity to borrow money at that rate is for you as a homebuyer. The average for the month 17.48%. Mortgage Interest Rate forecast for April 2023. Dow Jones . NASDAQ Composite Outlook. New York, The next monthly data releases on the Consumer Price Index (on February 14), jobs (on February 3) and other indicators are likely to have an outsized impact in the financial markets, as investors weigh what they mean for the Feds coming rate increases. Mortgage Interest Rate forecast for February 2027.Maximum interest rate 18.94%, minimum 17.84%. DJIA Prediction. You may opt-out by. Our forecast is still lower, at 3.75%-4%., The difference between trading assets and CFDs. The MPC uses several indirect monetary tools to manage inflation, but the main policy rate is the repo rate. The benchmark rate has gone up from 3.5% to 4% following the latest Monetary . The average for the month 8.76%. The average for the month 5.99%. The average for the month 13.30%. Mortgage Interest Rate forecast for February 2024.Maximum interest rate 9.09%, minimum 8.33%. It could also mean higher insurance costs or a higher cost of living once you move in. Long-term interest rates will likely continue trending down as the economy slows this year and as the inflation rate comes down. Rates to finance new cars are around 6% for buyers with good credit, and 9% for used-car buyers. Two-thirds (71%) of Finder's panellists are under . The 15 Year Mortgage Rate forecast at the end of the month 6.91%. The 30 Year Mortgage Rate forecast at the end of the month 13.15%. The average for the month 17.72%. After the strongest annual average growth in nearly 40 years (5.7%) in 2021, US economic growth is set to slow to a 1.9% pace in 2022. His mission is to help 1 million peoplecreate wealthandpassive incomeand put them on the path tofinancial freedomwith real estate. Change for week +0.15. The average for the month 12.20%. The forecast range becomes wider, going from 2.6% (low) to 2.85% (high). The average for the month 5.89%. Interest rates are higher in the sec-ond half of the projection period than in the first: From 2025 to 2030, the federal funds rate averages 1.1 per-cent; the rate on 3-month Treasury bills, 1.0 percent; and the rate on 10-year Treasury notes, 2.6 percent. Cabana said the yield curve was narrowing, as expected, led by the 2-year note. 15 Year Mortgage Rate forecast for March 2025.Maximum interest rate 13.39%, minimum 12.61%. Hong Kong Hang Seng. CBO projects that the interest rates on 3-month Treasury bills and 10-year Treasury notes will average 2.8 percent and 3.6 percent, respectively, during the 2021-2027 period. The average for the month 7.32%. Furthermore, never invest or trade money that you cannot afford to lose. The 30 Year Mortgage Rate will continue to rise further in 2026. 30 Year Mortgage Rate forecast for September 2025.Maximum interest rate 17.63%, minimum 16.61%. The 15 Year Mortgage Rate forecast at the end of the month 6.38%. The 30 Year Mortgage Rate forecast at the end of the month 7.96%. Mortgage Interest Rate forecast for August 2025.Maximum interest rate 15.19%, minimum 14.31%. The shaded area encompasses less than a 70 percent confidence interval if the confidence interval has been truncated at zero. The reason is that although we are likely past peak inflation rates, certain prices continue to rise, suggesting that more work is needed for inflation to hit the Federal Reserves 2% goal. The 30 Year Mortgage Rate forecast at the end of the month 18.55%. The average for the month 11.51%. 15 Year Mortgage Rate forecast for July 2023.Maximum interest rate 6.87%, minimum 6.47%. The Monetary Policy Committee (MPC) raised interest rates in an attempt to reduce the UK's annual inflation rate, which now sits at 10.5%, well above the target rate of 2%. Laguna Niguel, CA 92677, Copyright 2018 Norada Real Estate Investments, https://capital.com/projected-interest-rates-in-5-years, https://longforecast.com/mortgage-interest-rates-forecast-2017-2018-2019-2020-2021-30-year-15-year, https://www.noradarealestate.com/blog/mortgage-interest-rates-forecast/, Housing Market News 2023: Today's Market Update, The Housing Market in 2023: Trends and Insights, Housing Market Predictions | Real Estate Market Forecast 2023, Is it a Good Time to Buy a House or Should I Wait Until 2024, Housing Market Forecast 2024 & 2025: Predictions for Next 5 Years. The 30 Year Mortgage Rate forecast at the end of the month 17.53%. Powell said that additional interest-rate increases will be needed to cool inflation amid a labor market that recent data shows remains very tight. The 15 Year Mortgage Rate forecast at the end of the month 11.69%. As inflation forecasts show signs of cooling, what are the projected interest rates in 5 years in Canada? The 30 Year Mortgage Rate forecast at the end of the month 17.20%. 2010-2023, The Economy Forecast Agency. The average for the month 18.59%. Rates to finance new cars are around 6% for buyers with good credit, and 9% for used-car buyers. While the country was not deemed to be in an official recession, something which is set by the National Bureau for Economic Researchs (NBER) Business Cycle Dating Committee, it was a big signal that economic activity is stuttering and pain could be ahead. 30 Year Mortgage Rate forecast for May 2023.Maximum interest rate 7.43%, minimum 6.80%. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The average for the month 7.71%. The average for the month 18.61%. Interest Rate Forecasts. Powell might relent if the economy starts showing a lot of weakness, but he clearly hopes that the data will improve over the next few months so that he wont have to choose between policy options and can continue fighting inflation. The average for the month 11.98%. The average for the month 8.98%. Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments a nationwide provider of turnkey cash-flow investment property. 15 Year Mortgage Fixed Rate. 15 Year Mortgage Rate forecast for March 2023.Maximum interest rate 6.07%, minimum 5.71%. The average for the month 17.95%. 30 Year Mortgage Rate forecast for July 2024.Maximum interest rate 12.83%, minimum 11.75%. Second, the Federal Reserve's technique for shrinking its balance sheet tends to reduce demand for long-term bonds more than it does for short-term ones. The 30 Year Mortgage Rate forecast at the end of the month 9.87%. Current mortgage interest rate trends. The Agency shall not be liable for any errors or delays in the information and its publication, or for any actions taken in reliance thereon. Use the training services of our company to understand the risks before you start operations. 4.25. The Feds meeting on March 22 will be instructive in helping the markets adjust their rate interest rate expectations for 2023. Report. Fed Funds Rate Outlook. Interest Rate Forecast 2023/2024 - was last updated on Saturday, March 4, 2023. The market is pricing in further interest rate hikes in 2023, but only predicting that the Bank of England base rate will rise as high as 4.4% by July 2023. Recovery Talk 'Premature' After Mortgage Rates Surge Past 7%, Francis Chou Buys Buffett's Ally Financial, Trims 2 Top Holdings, Oracle Reports After The Close On 3/9 -- Options Contracts Expire The Next Day, Sustainable Retail Is A Myth, But The Risk Of Hypocrisy Is Real, Researchers Quantify Market Risks As Debt Limit Deadline Nears. Maximum interest rate 12.51%, minimum 11.68%. The forecast is updated weekly (on Thursdays). The FFR was at a pretty low rate of under 2% in the 1950s, amid the postwar stimulus and income growth across the US. Basic Info. Fed Funds Rate Outlook. The average for the month 18.39%. The 30 Year Mortgage Rate forecast at the end of the month 18.72%. Top nationally-available 5-year CD rates haven't changed much in the last six weeks. Signs of a slowing economy and easing inflation are key to the interest rates outlook. The 15 Year Mortgage Rate forecast at the end of the month 14.75%. Nikkei 225. Markets here is Perch's forecast for 5-year variable rate mortgages in Canada from 2023 to 2028, in comparison to the last 2 quarters, on how that will affect variable mortgage rates . Published 19 December 22. The low range isn't much higher than today, but the high end would likely create an . Nonetheless, weve recently seen 0.25-percentage-point hikes, which are a lot smaller than the 0.75-percentage-point hikes we saw for much of the second half of 2022. In CBOs projections, the interest rate on 3-month Treasury bills follows a similar path, rising to 1.4 percent by the fourth quarter of 2022, 2.3 percent by the fourth quarter of 2023, and 2.6 percent by the fourth quarter of 2024. That suggests that we may be past the peak of long-term CD rates. The 15 Year Mortgage Rate forecast at the end of the month 15.38%. By Charles Lewis Sizemore, CFA The 30 Year Mortgage Rate forecast at the end of the month 13.94%. Check out our earnings calendar for the upcoming week, as well as our previews of the more noteworthy reports. Mortgage Interest Rate forecast for December 2025.Maximum interest rate 17.72%, minimum 16.68%. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The average for the month 18.64%. The mortgage rate is updated weekly. Expert mortgage rate forecasts. The 15 Year Mortgage Rate forecast at the end of the month 10.30%. UK FTSE 100. The process starts when the Fed sets the FFR at the Federal Open Market Committee (FOMC) meeting, eight of which occur every year. For example, the Atlanta Feds Wage Growth Tracker had wages rising at a 6.1% annual rate in January, thats down from recent highs, but not by much. That's not good for you or your house price. The 15 Year Mortgage Rate forecast at the end of the month 7.24%. Mortgage Interest Rates Forecast, Predictions, Trends 2023, Economic Forecast 2022-2023: Forecast for Next 5 Years. The average for the month 10.09%. By the end of this year, we start to really see the potential for these rates to climb. 15 Year Mortgage Rate forecast for January 2027.Maximum interest rate 16.05%, minimum 15.11%. The average for the month 5.99%. A number of factors can affect your mortgage interest rate, including the total amount of your mortgage loan, the mortgage terms, and the health of the housing market. He seemed to indicate, but didnt promise, that the Fed might pause rate hikes after two more quarter-point increases, one each at its policy meetings on March 22 and May 3. The poll of 29 analysts, conducted between Feb. 15 and March 2, forecast average home prices based on the Case/Shiller index, which rose around 6% last year, were forecast to decline 4.5% in 2023 . Maximum interest rate 7.85%, minimum 7.19%. 84% of retail investor accounts lose money when trading CFDs with this provider. WSJ Prime Rate Outlook. The 15 Year Mortgage Rate forecast at the end of the month 8.33%. Maximum interest rate 9.18%, minimum 8.64%. The high interest rate scenario sees the unemployment rate peak at 7% in early 2023, a result of weaker economic conditions. The average for the month 17.37%. Previous week rate: 6.50. Florida Real Estate Forecast Next 5 Years: Will it Crash? CPI climbed down to 6.4% in January 2023, its seventh consecutive fall against the previous month. 15 Year Mortgage Rate forecast for November 2026.Maximum interest rate 15.84%, minimum 14.92%. The 15 Year Mortgage Rate forecast at the end of the month 15.71%. Due to rising short-term rates, long-term Treasury bond interest rates are likely to grow until 2026. Mortgage Interest Rate forecast for December 2026.Maximum interest rate 16.25%, minimum 15.31%. The 30 Year Mortgage Rate forecast at the end of the year is projected to be 17.81%. 15 Year Mortgage Rate forecast for May 2025.Maximum interest rate 13.40%, minimum 12.62%. The 15 Year Mortgage Rate forecast at the end of the month 13.01%. CBO expects inflation to exceed the Fed's 2 percent long-term goal in 2023 before approaching it in 2024. The 30 Year Mortgage Rate forecast at the end of the month 7.21%. 4.5. Mortgage Interest Rate forecast for October 2023.Maximum interest rate 7.90%, minimum 7.24%. The 15 Year Mortgage Rate forecast at the end of the month 8.24%. Mortgage Interest Rate forecast for October 2025.Maximum interest rate 17.90%, minimum 16.86%. According to Forbes Advisor's list of the best online savings accounts, the average APY of the top four highest-yielding savings accounts in December 2022 was 3.28%86% of the most recent . 30 Year Mortgage Rate forecast for September 2024.Maximum interest rate 13.86%, minimum 12.94%. When are the stock market holidays? Economic Forecasts The average for the month 13.42%. The average for the month 12.52%. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Filed Under: Financing, General Real Estate, Mortgage Tagged With: interest rates, Interest Rates forecast, Projected Interest Rates, Projected Interest Rates in 5 Years.

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