Mortgage Rates in the 6s Are Here to Stay — Now What?





If you're sitting around waiting for mortgage rates to suddenly fall off a cliff... you might be waiting a while.

According to the latest forecasts from Fannie Mae, MBA, and Wells Fargo, rates are expected to stay in the mid-6% range through early 2026. Not sky-high, not dirt-cheap—just… steady. The average projection for Q3 2025 is 6.68%, and even by mid-2026, we’re only seeing rates dip into the low 6s.


That’s not bad news—it’s just realistic. The economy is holding up, inflation is being stubborn, and the Fed isn’t rushing to slash rates. So if you're holding out for a magical 4.5% again, you may want to reevaluate your timeline.

Here’s the thing: if you find the right house and it fits your life and your budget, it may still make sense to move now. You don’t want to pass up a great opportunity waiting for a big drop that—according to all the data—isn’t likely to happen.

And remember, you’re not stuck with the rate forever. Refinance options down the road are always a possibility if rates do eventually improve. But waiting too long could cost you more in home prices, missed equity, or just frustration trying to time a market that refuses to play along.

If you want to talk it through or just run numbers to see what makes sense for you, let’s chat. I’ll give you the honest take—no fluff, no pressure.


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