Today's mortgage rates are higher than they were a few years ago, but it could still be smart to buy a home now.

Tight conditions are squeezing buyers across the country. In Westchester County, New York, real estate agent Pamela Grunstein is navigating a market that has 1.6 months of supply – a far cry from the 6 months or so that’s long been considered the sign of an evenly balanced market.

Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.

With the spring homebuying season quickly approaching, buyers should know the mortgage rate forecast for March.

Mortgage rates are not expected to move much for the remainder of 2025. Fannie Mae estimating that 30-year mortgage rates will average 6.8%.

Since rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly, no matter the type of home loan you seek. For a second consecutive day,