Average Mortgage Payment 2025. Still, major agencies are forecasting rates below 6% by. Understanding how mortgage rates are determined.
While mortgage rates are expected to come down slightly, home prices are forecast to rise—but at a much more moderate pace than the market has seen in recent years. With a 20% down payment and an interest rate of 6.11%, the monthly payment would be $2,062 (not including taxes or home insurance), $88 cheaper than in august.