Everyone wants to know the same thing right now.
Will mortgage rates go down in 2026?
The truth is, nobody can predict mortgage rates with certainty. What we can do is understand the forces driving them and make smart decisions based on today’s market.
Right now, mortgage rates are being driven by inflation, oil prices, and global uncertainty.
Inflation Is Still Driving the Bus
Mortgage rates follow inflation more than anything else.
When inflation is high, rates stay elevated. When inflation falls, rates tend to follow.
Inflation has come down from its peak, but it is still running hotter than the Federal Reserve wants. Until inflation gets closer to that 2 percent range, it will be difficult for rates to drop significantly.
If you want to understand how today’s rate environment impacts your buying power, connect with Better Rate Mortgage and we will walk through your numbers together.
Global Events Are Adding Pressure
Normally global conflict pushes rates down.
But right now rising oil prices are creating inflation concerns, which is pushing rates higher instead.
This is exactly what we are seeing with tensions in the Middle East.
If you want a strategy based on where the market is today instead of guessing where it is going, reach out to Better Rate Mortgage and we will build a plan that fits your goals.
If you want a deeper breakdown of why rates have recently moved higher, read our full analysis on why mortgage rates are rising during Middle East tensions and oil price spikes.
