Over the past few years, mortgage rates have played a major role in real estate decision-making. For many potential buyers and sellers, the question has been: “Should I wait for rates to drop?” If that’s something you’ve been asking yourself, the latest forecasts from experts like Fannie Mae, the Mortgage Bankers Association (MBA), and Wells Fargo can offer some clarity.
Mortgage Rates Are Expected to Stay in the 6s
According to projections, 30-year fixed mortgage rates are expected to remain in the mid-6% range through the end of 2026. That’s close to where they are today—meaning that while rates may shift slightly from quarter to quarter, a dramatic drop is not on the horizon. The good news? There’s no spike expected either.
Forecast Breakdown: What Experts Are Saying
Let’s take a closer look at where mortgage rates are headed, based on the latest available data from three trusted sources:
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Q3 2025: Rates hover between 6.60% and 6.80%
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Q4 2025: A modest decrease to the mid-6.5% range
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Q1 2026 to Q2 2026: Gradual decline to an average of around 6.43%
While there’s a slow downward trend, the changes are relatively small—and certainly not the kind of drop that would justify putting your move on hold for another year or more.
Why Timing Still Matters
Waiting for a big dip in rates could mean missing out on the right home or the right price. If you find a property that fits your needs and budget, current rates may still support a smart, long-term investment.
What the Experts Are Saying
Yahoo Finance suggests that a significant drop in mortgage rates isn’t likely in the near future. Their insight points to current rates being as favorable as we can expect for now.
Final Thoughts
In this market, waiting for the “perfect” time could mean watching opportunities pass you by. Instead of trying to time the market, focus on what works for your goals, budget, and timeline. With expert guidance, you can make a move with confidence—even if mortgage rates aren’t at historic lows.
If you want to talk about how these forecasts impact your buying or selling plans, let’s connect. Having someone in your corner who stays on top of the market can make all the difference.
The information and opinions in this article are not investment advice. Tim Stice makes no guarantees about accuracy or completeness. Always do your own research and consult a professional before making financial decisions. Tim Stice is not liable for any loss or damage resulting from reliance on this content.
