Mortgage interest rates are consistently declining again. Here are three things homebuyers should do in response.

Fannie Mae now predicts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.

“Rates typically move higher if job openings are higher than expected, all else equal,” wrote Matthew Graham, chief operating officer at Mortgage News Daily, adding that this data-driven volatility is nothing compared with what could be seen on Thursday following the government’s release of the monthly employment report.