Economy

Will 2026 bring lower mortgage rates or should buyers brace for higher costs?

January 6, 2026

As the US housing market approaches 2026, mortgage rates have decreased to their lowest levels of 2025, with the average rate on a 30-year fixed mortgage at 6.15%. However, expectations for significant further declines in borrowing costs are tempered by Federal Reserve signals and ongoing housing shortages.

Mortgage rates edge lower ahead of 2026

Credit: Firstpost

Key Highlights

Mortgage rates have dropped to an average of 6.15% for 30-year fixed mortgages.
This is the lowest rate observed in 2025.
Prospects for further decrease in rates are limited due to Federal Reserve policies.
Ongoing housing shortages also contribute to the restrained outlook on mortgage rates.

World Business

Sources

Will 2026 bring lower mortgage rates or should buyers brace for higher costs?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Will 2026 bring lower mortgage rates or should buyers brace for higher costs?

Key Highlights

Sources

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