The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.

Most experts predict that mortgage rates will fall steadily in 2025, and forecasts from both the Mortgage Bankers Association (MBA) and Fannie Mae back that up. "I expect mortgage rates to be on a slow grind downward in 2025, barring unexpected softness in the economy," Goodwin says.

Personal finance expert Dave Ramsey highlights why the colder months don’t have to mean a frigid housing market — and urges buyers to get their finances in order before they consider buying a home. Don't miss the move: SIGN UP for TheStreet's FREE daily newsletter The housing market typically slows in the winter,

After a three-day climb nudged the 30-year average to its highest level since July, rates have edged lower for the last two days. Rates for other loan types saw minor movement.

These are today's mortgage and refinance rates. Mortgage rates have been holding steady this month, and they might only drop a little bit next year.

The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage

Mortgage rates inched up closer to 7% ahead of the holiday season, delivering another blow to home affordability.

Sales of previously owned homes last month rose 3.4% from September to a seasonally adjusted, annualized rate of 3.96 million units.