Mortgage experts expect May 2026 rates to stay in low-to-mid 6% range
Updated
Updated · CBS New York · Apr 27
Mortgage experts expect May 2026 rates to stay in low-to-mid 6% range
11 articles · Updated · CBS New York · Apr 27
Zillow's average 30-year rate was 6% on April 27 after peaking above 6.5% by March 23, as Iran ceasefire talks eased bond-market pressure.
Selma Hepp and Sarah DeFlorio see end-May rates around 6.125% to 6.4%, while Jordan Del Palacio says they could reach 6.5% if conflict uncertainty persists.
Experts say inflation, oil prices, jobs data and 10-year Treasury moves will drive volatility; a failed ceasefire or hotter CPI could push 30-year rates toward 6.75%.
If the US-Iran ceasefire collapses and oil surges, how high could mortgage rates climb—and what would it mean for housing affordability in 2026?
With the Iran conflict and oil prices driving up mortgage rates, could unexpected economic shifts or new Fed leadership trigger a faster rate drop than forecasted?
Are rising federal deficits and persistent inflation locking the US into high mortgage rates for years, or could new factors disrupt this cycle sooner than experts expect?