Mortgage Rates to Ease by 2026

Mortgage rates are expected to gradually decline from ~6.22% to the 5.9%–6.2% range by November 2026 as inflation cools and Fed cuts accumulate.

Through early 2026, rates will likely hover in the mid-6% range, with only small dips unless inflation surprises or global events disrupt markets.

Major forecasters (Fannie Mae, MBA, NAR, NAHB) agree on moderation, not a plunge, with most predicting ~6.0% averages by late 2026.

Improving affordability should boost buying and refinancing, though supply shortages keep rates from falling sharply and limit home-price volatility.