Will mortgage rates go down in 2026?

Probably somewhat, but not dramatically. Current forecasts generally point to mortgage rates easing in 2026 if inflation stays under control and broader interest rates move lower. That could improve affordability, but buyers should not count on a return to the ultra-low mortgage rates seen in earlier years.

Practical takeaway: if you’re buying in 2026, plan around rates drifting lower gradually rather than plunging. The biggest swing factors are inflation, Federal Reserve policy, bond yields, and the strength of the economy.