Mortgage rates are determined by a variety of factors, including the economy, inflation, and the Federal Reserve’s monetary policy. As such, it is difficult to predict with any certainty how mortgage rates will change in the future. Generally speaking, when the economy is strong and inflation is low, mortgage rates tend to remain low. Conversely, when the economy is weak and inflation is high, mortgage rates tend to rise. The Federal Reserve’s monetary policy decisions can also have an impact on mortgage rates. As such, it is important to stay informed about economic and monetary policy developments in order to get a better sense of how mortgage rates may change in the future.