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Mortgage rates are projected to remain above 6% through 2026, with an average of 6.9% in 2025 and 6.5% in 2026, according to Wells Fargo. Despite anticipated interest rate cuts from the Federal Reserve, home borrowing costs are expected to stay elevated due to rising home prices and ongoing inventory shortages, which are exacerbating affordability issues for buyers. Home prices are forecasted to increase by 4.3% this year, further straining the market as sales lag behind pre-pandemic levels.
Jackie Benson
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
mortgage rates expected to remain high through 2026 according to wells fargo
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16:59 19.03.2025
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