U.S. homeowners—excluding those who said they “plan to never sell” or “would pay all cash” for their next home—where asked, what’s the highest mortgage rate they would accept on their next home purchase. In Q1 2025, 41% of homeowners surveyed said they’d accept a mortgage rate up to 6.0% on their next purchase. In Q3 2025, 52% of homeowners said they’d accept a mortgage rate up to 6.0% on their next purchase.
Overall, there’s still low optimism that the sub-6.00% threshold will be unlocked in the next 12 months, with 72% of homeowners saying they expect the average 30-year fixed mortgage rate to be above 6.00% for the next year.
Source: TurboHome-ResiClub
Mortgage Rates
Continue to Decrease
The 30-year fixed-rate mortgage dropped to its lowest level since April. The decline in rates increases prospective homebuyers’ purchasing power and Freddie Mac research shows that buyers can save thousands by getting quotes from a few different lenders.
