Why Mortgage Rates Remain High and What to Expect in 2026

Mortgage rates have remained relatively stable but are slightly decreasing, with experts predicting only minor drops in 2026. While waiting for rates to fall below 6% may not be necessary, buyers should consider current home prices, supply and demand, and explore various financing options to make homeownership more affordable. The Federal Reserve's rate cuts influence mortgage trends, but other factors like the 10-year Treasury yield and market supply also play significant roles.