Wrapping Up 2025 and Looking Ahead to 2026
Welcome to the final episode of The Mortgage Porter – Mortgage Rates and More for 2025.
As we close out the year, I wanted to take a few minutes to reflect on where mortgage rates have been in 2025, where they appear to be trending, and what industry experts are forecasting for 2026. I also share a few important updates around holiday market closures, upcoming homebuyer education, and what to expect in the new year.
Mortgage Rates in 2025: A Year of Adjustment
2025 has been a year of recalibration for mortgage rates. After the volatility of prior years, we’ve seen rates move within a more defined range — still higher than the historic lows of the past, but with more consistency and fewer dramatic swings.
Throughout the year, rates responded to:
- Inflation data
- Federal Reserve policy signals
- Economic growth and employment trends
- Global market uncertainty
For many buyers and homeowners, this meant shifting from a “wait and see” mindset to a more strategic approach focused on preparation, loan structure, and long-term planning.
Where Mortgage Rates Are Trending
As we head into the end of the year, mortgage rates appear to be stabilizing, with modest movement rather than sharp changes. While day-to-day fluctuations still happen, the broader trend suggests a market that’s finding its footing.
This stability has helped some buyers move forward with confidence and allowed homeowners to begin watching for refinance opportunities — especially if rates improve gradually over time.
Mortgage Rate Predictions for 2026
In this week’s video, I also touch on what experts are forecasting for mortgage rates in 2026. While no one has a crystal ball, most projections point to:
- Rates remaining in the low-to-mid 6% range
- Gradual improvement rather than dramatic drops
- Continued importance of strategy over timing
For Washington State buyers and homeowners, even small changes in rates can make a meaningful difference — especially given higher home prices in many areas.
Holiday Market Closures
As a reminder, financial markets and lenders observe holiday closures with closing early on New Years Eve and closed on New Years Day. This can impact:
- Rate locks
- Loan processing timelines
- Closing schedules
If you’re under contract or planning a transaction around the holidays, it’s always a good idea to build in extra time and communicate early.
Next Homebuyer Class – January 21, 2026
I’m excited to share that the next live homebuyer class is scheduled for:
Mortgage Programs for Homebuyers and Strategies to Create Affordability
📅 Wednesday, January 21, 2026
⏰ Noon – 1:00 PM
In addition, I’ll be releasing previously recorded homebuyer classes for those who want to learn at their own pace. These classes are a great resource whether you’re a first-time buyer, returning to the market, or simply want a refresher on the process.
Looking Ahead to the New Year
As we close out 2025, I want to say thank you to everyone who has watched these weekly updates, read my blog, asked questions, or trusted me as a resource. I truly appreciate being part of your homeownership journey.
I’m looking forward to continuing Mortgage Rates and More in 2026 — with clear guidance, timely updates, and practical education to help you make confident decisions.
From my home to yours, I wish you a wonderful New Year, filled with health, happiness, and new opportunities.
About Rhonda Porter
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