US 30-year fixed mortgage rates stay above 6% through 2027

9 articles · Updated · Norada Real Estate Investments · May 6

Forecasts from Fannie Mae, the MBA and Wells Fargo put average rates around 5.7%-6.3% through 2026, with Wells Fargo seeing 6.19% in 2027.
Analysts say a return to 4% is unlikely without a severe recession, as the Federal Reserve keeps policy tight, inflation stays at 2.7%-3.3%, and Treasury yields remain elevated.
Higher borrowing costs are reshaping homebuying, though flat 2026 prices, roughly 20% more inventory, builder buydowns and refinancing strategies may offer some relief to buyers.

With government plans to overhaul Fannie Mae and Freddie Mac, could this be the secret key to unlocking lower mortgage rates?

If banning big investors won't fix home prices, what will actually solve the nation's 4 million home shortage?