Will mortgage rates fall below 6% in 2026?
Mortgage Rates Dip to 13-Month Low—But Will They Drop Below 6%?
Mortgage rates in the U.S. have dropped to their lowest levels in over a year, with the average 30-year fixed-rate mortgage now around 6.19% as of late October 2025. Analysts attribute this dip to falling Treasury yields and expectations of continued easing from the Federal Reserve. However, many economists remain skeptical that rates will fall below 6% anytime soon. Structural factors like inflation, government deficits, and global economic trends may keep borrowing costs elevated. While this recent dip has brought relief to homebuyers and those considering refinancing, a return to sub-6% rates may not happen until late 2026—if at all. This poll invites users to weigh in on whether they believe the 6% barrier will be broken next year.
Options
- Yes, rates will fall below 6%
- No, they’ll stay above 6%
- Not sure