U.S. Mortgage Rates Set To Tumble Next Year, Wells Fargo Says

by Kathleen Howley, Senior Contributor

Mortgage rates probably will peak in 2023’s first quarter at a 22-year high of 7% before dropping to an almost two-year low of 5.8% by the end of the year, according to a Wells Fargo forecast.

Categories

Recent Posts

Two More Home Insurers Approved in Florida
Two More Home Insurers Approved in Florida
Clean-Energy Tax Credits Ending Soon
Clean-Energy Tax Credits Ending Soon
Bringing Your Agents Back to the Office
Bringing Your Agents Back to the Office
RE Q&A: Should I Sue HOA Over Landscaping Demand?
RE Q&A: Should I Sue HOA Over Landscaping Demand?
Mortgage Rates Fall to Lowest Level Since October
Mortgage Rates Fall to Lowest Level Since October
Insurers Get OK for Citizens' Policies
Insurers Get OK for Citizens' Policies
NAR: Realtors Embrace AI, Digital Tools
NAR: Realtors Embrace AI, Digital Tools
Fed Cut May Slowly Ease Mortgage Costs
Fed Cut May Slowly Ease Mortgage Costs
Inside the World of Smart Home Devices
Inside the World of Smart Home Devices
Fed Cuts Rates, Signals Two More in 2025
Fed Cuts Rates, Signals Two More in 2025

Share on Social Media

Debbie Gentry

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(352) 217-3179

debbie@debbiegentry.com

GET MORE INFORMATION

Name
Phone*
Message
By checking this box, and clicking “SUBMIT,” I am confirming that I have read and agree to this website’s Privacy Policy and Terms of Service and I am providing my electronic signature and consent to receive marketing communications (about real estate brokerage services, and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone call and/or text messaging (using “automated technology” such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate agents, and/or its affiliates at the telephone number and email address I provided. Message frequency varies and message and data rates may apply. Consent is not a condition of purchase. You may opt-out at any time by replying “STOP” to a text or “HELP” for assistance or unsubscribing via email. You may call to obtain direct assistance.