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The 2025 mortgage rate forecasts are already outdated due to unexpected inflation data and a hawkish Fed meeting in December, which pushed rates back above 7%. Most analysts had anticipated rates hovering in the low 6% range for the year, but the current outlook suggests rates may remain elevated, with some predicting volatility between 5.75% and 7.25%. Factors like inflation, job market data, and bond spreads will influence whether rates ease lower or spike higher. With recent history showing volatile mortgage trends, 2025 is expected to be another unpredictable year for homebuyers and forecasters alike.
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