Expert poll: Mortgage rate trend predictions for Aug. 14 - 20, 2025

Dan Green

President, Homebuyer.com , Cincinnati , OH

Continued uncertainty about the economy and economic reporting leads mortgage rates up.

Ken Johnson

Walker Family Chair of Real Estate, University of Mississippi

The yield on 10-year Treasurys has steadily increased for the last week. This does not bode well for long-term mortgage rates. Next week, we should expect to see an increase in both the 30-year and 15-year mortgage rates.

Greg McBride, CFA

Chief Financial Analyst, Bankrate , North Palm Beach , FL

For long-term bonds and mortgages, inflation pressures will offset expectations for any near-term Fed rate cut.

Melissa Cohn

Regional Vice President, William Raveis Mortgage

Mortgage rates are dropping this week! The combination of much weaker-than-expected jobs report with inline inflation reports has the bond market cheering! We can also look for the Fed to cut rates in September if the data continues to show a slowing economy without the threat of higher inflation from the tariffs!

Heather Devoto

Vice President, Branch Manager, First Home Mortgage , McLean , VA

Our expectation is for rates to decline slightly within their recent trading range in the week ahead as traders react to updated inflation data.

Dr. Anthony O. Kellum

President & CEO, Kellum Mortgage , Roseville , MI

I believe mortgage interest rates will fall slightly this week. We’re seeing subtle but important shifts in the market. Treasury yields are easing, demand for mortgage-backed securities is picking up and recent economic data shows signs of cooling. While the Fed may hold steady for now, these market dynamics often influence lenders to adjust rates. I don’t expect a dramatic drop, but I do see a modest dip as part of what could become a gradual downward trend.

Jeff Lazerson

President, MortgageGrader

Down. Inflation is holding steady.

Dick Lepre

Senior Loan Officer, Realfinity , Alamo , CA

Trend: Lower. CPI came in at a consensus of +0.3 percent, which should enable this slow downward trend to continue.

Denise McManus

Global Real Estate Advisor, Engel & Voelkers & Senior Lender, Xpert Home Lending, Engel & Voelkers

We are in a downwind trajectory as traders are placing more weight on the slowdown than bonds. Rates are in the best position since October 2024, and I expect them to dip a bit more.

Les Parker, CMB

Managing Director, Transformational Mortgage Solutions , Jacksonville , FL

Mortgage rates will go down. Here’s a parody of “The Real Slim Shady,” an Eminem megahit: “Bulls are Slim Shadys, yes, they’re the real Shadys. All the other Slim Shadys are just imitating. So, won't the real Slim Shadys please stand up? Please stand up. Please stand up.” Will a global economic slowdown happen before inflation picks up? Yes, so rates drop.

James Sahnger

Mortgage Planner, C2 Financial Corporation , Jupiter , FL

With many expecting three rate cuts this year, including the possibility of a 50-basis-point cut, I anticipate rates will start to trend lower.

Sean P. Salter, Ph.D.

Associate Professor of Finance and Dale Carnegie Trainer, Middle Tennessee State University , Murfreesboro , TN

Lower. I expect rates to move lower over the next week as markets digest the copious economic information flow from the past couple of weeks. Although participants have been hearing that the Fed will cut rates once or twice this year, the Fed has been sitting on its hands and delaying the inevitable. Whether this inaction is designed to spite Trump or not is debatable; what isn’t debatable is that European central banks have instituted rate cuts, and the Bank of England’s actions from last week have brought UK rates to their lowest levels in two years. I don’t believe that the Fed can continue to delay past September, and I forecast market rates to fall based on that expectation.

Robert J. Smith

Chief Economist, GetWYZ Mortgage

With the inflation data behind us, I expect rates to drift slightly lower over the next week.

Nancy Vanden Houton, CFA

Senior Research Analyst, Stone & McCarthy Research Associates , New York , NY

Lower.

Michael Becker

Branch Manager, Sierra Pacific Mortgage , White Marsh , MD

Now that we are past the big economic data point this week as far as mortgage rates go, CPI, I think there won’t be motivation for mortgage rates to move up or down. Mortgage rates [will be] flat in the coming week.

Nicole Rueth

Market Leader, The Rueth Team of Movement Mortgage , Denver , CO

This week’s market feels steady, but it’s the calm before the Fed storm. With no new data, rates are drifting slightly lower, buoyed by softer inflation in Europe and a dip in oil. But investors are holding their breath. A new Fed Chair nomination and the July jobs report still loom large. Barring surprises, yields will likely stay range-bound as we await the data needed to justify more than one rate cut.