Will Mortgage Rates go back down to 3%? Here’s What Buyers Need to Know in 2025 During the COVID-19 pandemic, mortgage rates dipped below 3%, creating an unprecedented opportunity for homebuyers.  However, experts agree that such low rates were an anomaly, unlikely to return in the foreseeable future.  Currently, mortgage rates are hovering around 6.3% and are expected to remain in the 6-7% range through 2025. Will Mortgage Rates Ever Return to 3%? Here’s What Buyers Need to Know in 2025 During the COVID-19 pandemic, mortgage rates dipped below 3%, creating an unprecedented opportunity for homebuyers.  However, experts agree that such low rates were an anomaly, unlikely to return in…