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Mortgage Rates Could Drop to 6.1%

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media-blog-3

BIG NEWS for the housing market 🚨

Fannie Mae just shared a new forecast: They think mortgage rates could drop to about 6.1% by the end of 2026

Here’s why: šŸ‘‡

Right now, banks charge extra on top of the 10-year Treasury (kind of like their ā€œmarkupā€). That extra cost is called the spread.

Fannie Mae expects that markup to shrink, which means cheaper mortgage rates. šŸ“‰

This matters because it would mean more people can afford homes so if you’ve been waiting to buy, don’t wait to put a plan together.

Know someone sitting on the sidelines?Share this with them and send us a DM if you’ve got questions about how this could affect YOUR plans! 🪁

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