Interest Rates Projection 2025. The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. While the fed has signaled plans for one more rate cut for 2024, housing market experts expect mortgage rates to remain stubbornly high and only gradually ease as we move.

By 2027, interest rates are projected to fall to 2.9% after a series of moderate rate cuts as inflation dissipates. The mortgage rate forecast at the end of.