Mortgage Rates Predictions for the Next 12 Months: Nov 2025 to Nov 2026

Before we peer into the crystal ball, let's quickly look at what's influencing mortgage rates today.

Think of mortgage rates as being connected to a bunch of different economic factors, kind of like how your mood can be affected by how much sleep you got, what you ate, and what’s going on at work.

Believe it or not, how many homes are for sale and how many people want to buy them also play a role.

For the next few months, into early 2026, I expect mortgage rates to mostly stay put, kind of like they’re holding their breath. We’ll likely see them hover in the mid-6% range.

It’s always helpful to see what the major organizations in the housing and real estate world are predicting.

If the economy grows stronger than expected, rates might stay a bit higher.

f your current mortgage rate is significantly higher than the ones available, refinancing could save you a good chunk of money each month.

The economy needs to cooperate, inflation needs to stay in check, and the Federal Reserve will continue to play a key role.