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Will Mortgage Rates Stay Elevated Through Summer 2026

Thirty-year fixed mortgage rates are expected to remain around 6.2% to 6.5% between May and July 2026, with most forecasts calling for only minor fluctuations
Fifteen-year fixed mortgage rates are projected to average around 5.7% to 6.0%, continuing to offer lower borrowing costs than standard long-term loans
The ten-year Treasury yield remains near 4.3% to 4.4%, keeping upward pressure on mortgage pricing despite slowing inflation trends
Most financial institutions forecast average 2026 mortgage rates near 6.1% to 6.4%, with meaningful drops below 6% considered unlikely before late 2026

Karen

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