Fannie Mae September 2025 Mortgage Forecast | Small Downward Change in Projected 2025 Year End 30-Year Mortgage Rate | Northern Virginia Real Estate Market
- Scott Ford
- Oct 5
- 2 min read
IN LATE SEPTEMBER 2025, FANNIE MAE MADE A SMALL DOWNWARD REVISION IN THE 30-YEAR CONVENTIONAL FIXED RATE MORTGAGE PROJECTION FOR END OF 2025 AND INTO 2026.
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 September 2025 Economic & Housing Forecast, dated September 23rd, Fannie Mae reduced their projection for the 30-Year Conventional Fixed Rate Mortgage at the end of 2025. The new projection is that the 30-year rate will fall to 6.4% by the end of 2025 & 6.1% by mid-2026. The year end 2026 forecast is 5.9%
The August Forecast had rates at 6.5% by end of 2025 & 6.2% by mid-2026, so only a slight downward change .
In early October, the 30 Year Fixed Rate weekly average is 6.34% according to Freddie Mac Primary Mortgage Market Survey. The current average rate is just above above lowest rate in 2025 (6.26% in late September). The weekly average in late August was 6.56%.
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:
Late August 2025 NoVA Real Estate Market Update;
Mid-August 2025 NoVA Real Estate Market Update;
See more market news, insight, & analysis on my "How's the Market?" Blog at bellacasapartners.com/marketnews.
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