Arcadia Chamber of Commerce - The Connection to the Business Community

Will Rates Go Down in 2026? – Info from Tracy Shaw of Prestige Capital

We closed 2025 with mortgage rates hovering in the low-6% range, and many consumers want to know if rates will continue to fall in 2026.Rates have been somewhat consistent over the last two months, and most experts agree that rates will not move significantly lower over the next year.

The Mortgage Bankers Association (MBA) predicts 30-year fixed rate loans will stay at 6.4% throughout 2026.
Fannie Mae predicts 30-year fixed rates in the low 6% range for much of the year, dipping below 6% by December 2026.
Freddie Mac predicts a gradual easing of mortgage rates, with 30-year fixed rate averages hovering in the low-to-mid 6% range, possibly dipping below 6% temporarily.

Whether you’re looking to purchase a home or refinance your existing mortgage, the timing is very personal.

Rather than waiting for “the perfect rate,” borrowers may want to improve credit scores and decrease debt-to-income ratios (DTI) to get the best rates possible, and explore the many loan programs that are available now.

Give me a call if you – or your friends, co-workers, and family – would like to sit down and crunch the numbers. You’ll find my team and I are a reliable resource for all your mortgage needs!