Nobody has a crystal ball that can predict real estate trends. But read on for my take on the most likely path.

By Q4 2025, Fannie Mae expects the 30-year fixed mortgage rate will average out at 6.2%. The MBA expects 6.0%, while Wells Fargo forecasts 5.9%. Simply put, all three firms expect a mild mortgage rate decrease over the next 18 months.

With the last traces of the global inflation shock fading, the shift toward lower borrowing costs is about to maintain momentum as economies tread toward a new year fraught with unknowns.Now that the US Federal Reserve has joined rich-world peers with its own initial interest-rate cut,