Will Mortgage Rates Drop in a Recession? This Realtor Has a Hot Take
Mortgage rates have typically fallen during recessionary periods. Douglas Rissing/Getty Images In today's news cycle, recession headlines come and go. Amid trade war anxieties, stock market roller-coaster rides and global conflict, no one is hoping for a major economic setback -- except recessions have often created more favorable conditions for mortgage rates. Since the beginning of 2025, average 30-year fixed mortgage rates have been stuck in the high 6.5% to 7% range. Most housing experts,