As of early January, 30-year fixed rates are around 6.2%–6.25%.

Most big forecasts (Freddie Mac, Fannie Mae, MBA, Wells Fargo) are saying the same thing: Rates should slowly trend down, not drop overnight.

There’s an old saying in real estate:

Rates go up fast (escalator)…
but come down slowly (stairs).

That’s exactly what we’re seeing.

For most of 2026, rates are expected to:

  • Hover between ~6.0% and 6.25%

  • Possibly dip into the high 5s here and there

  • Not stay in the 5s for long

What does this mean for buyers?

This isn’t a “wait forever” kind of market.

The people who benefit most are the ones who:

  • Get prepared early

  • Watch for short-term dips

  • Are ready to move when the opportunity shows up

Some buyers will catch those moments.

Thinking about buying or selling?

Every situation is different, and timing matters more than headlines.

If you want to talk strategy (even if you’re just starting to think about it), feel free to reach out anytime.