Expert poll: Mortgage rate trend predictions for Feb. 13 - 19, 2025

Go up | 83% |
---|---|
Stay the same | 0% |
Go down | 17% |
Buckle in: Mortgage rates are going up next week, predicts a large majority of rate watchers polled by Bankrate this week.
Of those polled, 83 percent of respondents predict rates will climb, and only 17 percent say rates will drop. No respondents think rates will stay the same.
The average 30-year fixed rate was 7.03 percent as of Feb. 12, according to Bankrate’s national survey of large lenders, up slightly from 7.02 the previous week.
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Rate Trend Index
Experts predict where mortgage rates are headed
Week of Feb. 13 - 19, 2025
Go up | 83% |
---|---|
Stay the same | 0% |
Go down | 17% |
Costs aren't coming down, so neither are mortgage rates.
— Dan Green, Homebuyer.com
83% say rates will go up











Michael Becker
Branch Manager, Sierra Pacific Mortgage , White Marsh , MD
oday’s CPI report showed inflation accelerating in January, both at the headline and core levels. This is not something those wanting lower mortgage rates wanted to see. We won’t know for several months whether this is a new trend in inflation or if this was a one-off report. Arguments could be made for both. But for the next week, mortgage rates will be higher because of this report.

Melissa Cohn
Regional Vice President, William Raveis Mortgage
Mortgage rates are moving higher this week as hotter inflation data has sent bond yields higher.

Dan Green
Mortgage originator at Homebuyer.com, Homebuyer.com , Cincinnati , OH
Costs aren't coming down, so neither are mortgage rates.

Ken Johnson
Walker Family Chair of Real Estate, University of Mississippi
In the last week, Treasury yields have been once again rising. During the same time, long-term mortgage rates have been increasing as well. Long-term mortgage rates follow Treasury yields. Thus, we should expect the next movement in mortgage rates to be up. Next week, 30-year financing should move slightly higher.

Allison Kaminaga
Lecturer of Mathematics and Economics, Bryant University , Smithfield , RI
I expect mortgage rates to increase. Today's CPI report showed inflation increased more than expected last month. This has led to a jump in the 10-year Treasury yield and will likely delay future Fed rate cuts.

Dick Lepre
Senior Loan Officer, Realfinity , Alamo , CA
Trend: Higher. Fed Chairman Powell testified before a Senate committee and indicated that the Fed is in no hurry to cut rates. This will have a negative effect on mortgage rates.

Greg McBride, CFA
Chief Financial Analyst, Bankrate , North Palm Beach , FL
Signs that inflation is picking up again won’t be helpful to bond yields, mortgage rates or prospective borrowers.

Joel Naroff
President and Chief Economist, Naroff Economic Advisors , Holland , PA
Up. [There is] still room for rates to rise given that the impact of tariffs on prices is just starting to be seen.

James Sahnger
Mortgage Planner, C2 Financial Corporation , Jupiter , FL
Bond traders hate inflation, and Wednesday morning they got a lot to dislike from the CPI number for the month of January. CPI came in at 0.5 percent for the month and 3.0 percent for year-over-year inflation. Both numbers were higher than anticipated and the markets had a negative reaction to the news. In the last week, mortgage-backed securities (MBS) have fallen over 70 basis points, causing rates to climb nearly 0.2 percent. With MBS falling through several technical layers of support, bonds will need to find some fresh support before we find some improvement again.

Sean P. Salter, Ph.D.
Associate Professor of Finance and Dale Carnegie Trainer, Middle Tennessee State University , Murfreesboro , TN
Higher. The January CPI report came in “hotter” than expected, and inflation projections are now elevated compared to previous expectations. The 10-year Treasury took a big jump immediately following the report’s release, and I expect all rates, including mortgage rates, to follow.
17% say rates will go down



Denise McManus
Global Real Estate Advisor, Engel & Voelkers & Senior Lender, Xpert Home Lending, Engel & Voelkers
Expect rates to trickle down in the week ahead — no major shift but we should enjoy minute movement.

Les Parker, CMB
Managing Director, Transformational Mortgage Solutions , Jacksonville , FL
Mortgage rates will go down. Here’s a parody of “Where is the Love?” The Black Eyed Peas’ 2003 mega-hit. “Where is the love, the deal, the steel? It just ain't the same, old ways must change. New days may strain, U.S. won’t be lame?” What time do tariffs call out? Time to negotiate. Near-term tariffs soothe rates. Do not be surprised to see rates fall as oil prices fall.