09/17/2025
“Chasing Fives: What It Takes for Rates to Drop”
Want to see a five in sight? 🌟
The Fed must step in, set things right.
Buying bonds like days gone by,
Could help those mortgage numbers fly. 📉
But ‘til they act, most forecasts say,
Sixes are here to mostly stay.
Still, I’ll keep watch—your beachside friend,
To guide you well from start to end. 🏡💙
The average 30-year fixed mortgage rate just hit a 2025 calendar year low. Here's what Bank of America thinks it would take to see a bigger drop.