Fannie Mae August 2025 Mortgage Forecast | Slight Upward Change in Projected 2025 Year End 30-Year Mortgage Rate | Northern Virginia Real Estate Market
- Scott Ford
- Aug 22
- 1 min read
Updated: Aug 29
IN AUGUST 2025, FANNIE MAE MAKES SLIGHT UPWARD REVISION IN 30-YEAR CONVENTIONAL FIXED RATE MORTGAGE PROJECTION FOR END OF 2025. 30-YEAR FIXED RATE IS NOW AT LOWEST LEVEL SINCE LATE OCTOBER 2024.
When asking the question, "How is the Northern Virginia Real Estate Market?", part of the answer is to consider the current and future trend of mortgage interest rates.
In their August 2025 Economic & Housing Forecast, dated July 19th, Fannie Mae raised their projection for the 30-Year Conventional Fixed Rate Mortgage at the end of 2025. The new projection for the 30-year rate will fall to 6.5% by the end of 2025 & 6.2% by mid-2026.
The July Forecast had rates at 6.4% by end of 2025 & 6.1% by mid-2026, so only a slight upward change .
In late-August, the 30 Year Fixed Rate weekly average is 6.58% according to Freddie Mac. The current average rate is the lowest since late October 2024. The weekly average in late July was 6.74%
Read more at fanniemae.com/data-and-insights/forecast.
For for my most recent deep dive Northern Virginia Real Estate Market Update, check out this link:
Prior market updates are at the following links:
See more market news, insight, & analysis on my "How's the Market?" Blog at bellacasapartners.com/marketnews.
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