Mortgage Rates Predictions for the Next 90 Days: July to Sept 2025

Are you thinking about buying a house or refinancing your mortgage? I know how important it is to keep a close eye on mortgage rates. Getting a good rate can save you a lot of money in the long run! So, what's the likely story for the next three months?

Based on current data and expert forecasts, I predict mortgage rates will likely stay in a fairly stable range between 6.5% and 6.8% for a 30-year fixed loan over the next 90 days (July to September 2025). There might be a slight dip, but don't expect any major changes. Let’s dive deeper into what’s driving these predictions and what it means for you.

Mortgage Rates Predictions for the Next 90 Days: July to Sept 2025

Where Mortgage Rates Stand Right Now

As we head into the summer of 2025, things are pretty interesting. If you look at the data from June 2025, the average 30-year fixed mortgage rate is bouncing around 6.8% to 7%. Sources like Freddie Mac reported a rate of 6.81% around mid-June. We saw some ups and downs earlier in the year, but lately, things have calmed down a bit.

The 15-year fixed mortgage rate is usually lower, and it's hovering around 6.0% to 6.2%. This one's also seen similar back-and-forth movements but seems to have found a stable level.

Now, a key thing to watch is the 10-year Treasury yield. It's a benchmark that strongly influences mortgage rates. As of late June 2025, it’s at 4.38%. Generally, mortgage rates are about 1.5 to 2 percentage points higher than this yield. The difference between Treasury yields and mortgage rates has widened a bit because of some uncertainties in the market.

Mortgage Rate Forecast: July, August, and September 2025

I've looked at several different forecasts from reliable sources to give you a good overview. Here's what they're saying about mortgage rates for the next 90 days:

30-Year Fixed Mortgage Rate Estimates

• Long Forecast: This source expects a slight decrease each month.
  • July 2025: Average of 6.84%
  • August 2025: Average of 6.79%
  • September 2025: Average of 6.74%
• Mortgage Bankers Association (MBA): Predicts an average of 6.7% for the third quarter of 2025.
• Fannie Mae: Foresees a rate of 6.8% early in 2025, dropping down to 6.1% by the end. That’s a pretty gradual decline.
• National Association of Home Builders (NAHB): They're looking at an annual average of 6.7% for 2025 and expecting things to stay steady through the summer.
• National Association of Realtors (NAR): They’re a bit more optimistic, forecasting an annual average of 6.4% for 2025.
• Realtor.com: Similar to NAR, they anticipate rates falling to 6.2% by the year's end, with an average of 6.3%.
• Wells Fargo: They believe rates will stay consistent through the summer but might dip slightly by the end of the year, landing around 6.5%.

15-Year Fixed Mortgage Rate Estimates

• Long Forecast:
  • July 2025: Average of 6.01%
  • August 2025: Average of 5.90%
  • September 2025: Average of 5.88%

Here's a quick summary in a table for easy reference:

Month	30-Year Fixed Rate (Average)	15-Year Fixed Rate (Average)	Source
July 2025	6.84%	6.01%	Long Forecast
August 2025	6.79%	5.90%	Long Forecast
September 2025	6.74%	5.88%	Long Forecast
Q3 2025	6.7%	Not specified	Mortgage Bankers Association

So, to sum it up, the predictions suggest that 30-year fixed mortgage rates will probably hang around 6.5% to 6.8%. The 15-year fixed rates should be a bit lower, around 5.88% to 6.01%. These forecasts line up with the current 10-year Treasury yield of 4.38%.

What's Causing These Mortgage Rate Projections?

A bunch of things play a role in where mortgage rates are headed. Let's take a look:

1. The Federal Reserve's Actions: The Federal Reserve has held its federal funds rate steady at 4.25%-4.5% for a while. This indicates they're being cautious, watching inflation closely. Although some anticipate potential rate cuts later in the year, the Fed's decision to hold steady suggests mortgage rates won't dramatically decrease in the near future.
2. Inflation: Inflation has cooled a bit, but it's still a concern. The Fed wants to get it down to 2%, so any unexpected inflation spikes could prevent them from cutting rates and keep mortgage rates high.
3. Economic Growth: Although the US economy is pretty tough, with a good job market, there are signs of it slowing down. Slower growth might eventually lead to lower interest rates, but for now, we're in a balancing act.
4. Global Events: Things happening around the world, like geopolitical tensions or changes in trade policies, can affect oil prices and inflation, which in turn impact mortgage rates.
5. Treasury Yields: The 10-year Treasury yield is a major influence. If it changes significantly, it could directly impact mortgage rates.

What Should You Do If You're Buying a Home or Refinancing?

For Homebuyers:

Given the expected stability in mortgage rates, waiting for big drops might not be the best plan in the next three months. If you find a good rate, it might be worth locking it in. This protects you in case rates unexpectedly go up. Don’t forget to shop around with different lenders to find the best deal. Even small differences in rates can lead to significant savings over the life of the loan. I've seen people save thousands of dollars simply by doing a bit of comparison shopping.

For Homeowners Considering Refinancing:

Think about whether the current rates (6.5% to 6.8%) would save you a significant amount compared to your current mortgage rate. If your current rate is quite a bit higher, refinancing could be a good idea. Just remember to factor in closing costs and how long you plan on staying in the home. There are some great mortgage calculators online that can help you figure out potential savings. Also, keep an eye on what the Federal Reserve announces, and stay updated on economic indicators like inflation.

My Two Cents

Honestly, I believe the key here is patience and careful planning. If you're a potential homebuyer, don’t get too caught up waiting for the “perfect” rate, because chasing that elusive goal can sometimes lead to missed opportunities. And if you're a homeowner considering refinancing, crunch the numbers and see if it makes sense for your specific financial situation.

It also might be good to consult a trusted Mortgage broker. They can help you navigate the complexities of the mortgage market and find the best options for your unique circumstances.

Final Thoughts: In short, mortgage rates are expected to stay relatively consistent between July and September 2025. But remember, things can change, so staying informed is crucial.