Mortgage rates are expected to stay above 6% throughout 2026, according to Zillow’s latest housing market forecast. The real estate company put itself on record predicting rates won’t dip below that threshold next year despite some gradual easing.
Zillow acknowledged that forecasting mortgage rates a year ahead is difficult. However, the company pointed to its track record accurately predicting shelter inflation, which makes up 40% of the consumer price index. Mortgage rates get shaped in part by inflation trends.
