When will mortgage rates go down? Rates are creeping back up.

After four consecutive weeks of decreases, mortgage rates are increasing again this week, according to Freddie Mac. For the most part, the 10-year Treasury yield has been rising this month, and home loan rates have followed suit. So, when will mortgage rates go down significantly, and will they do so in time for you to buy a home before the end of 2025? Are mortgage rates dropping? Yes and no. Short-term mortgage rates are increasing, but annual rates have dropped. As of Nov. 6, Freddie Mac reported th ...