Major forecasters see mortgage rates staying above 6.0% through 2027—unless this happens

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Economists have got some bad news for homebuyers hoping for a return to 4.0% or 5.0% mortgage rates. Recent forecasts published by Fannie Mae, Wells Fargo, and the Mortgage Bankers Association (MBA) all suggest the average 30-year fixed mortgage rate is likely to remain above 6.0% through at least 2027. While forecasts for long-term yields—including mortgage rates—should n...