3 days ago
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Posted On: October 14th 2026, 08:00 pm
Fannie Mae sharply raised its mortgage-rate forecast, projecting the 30-year fixed rate will average 7.4% through the fourth quarter and 7.5% in 2027, as hotter-than-expected inflation pushes borrowing costs higher.
It's a steep increase from projections it made just a month ago, when the economists suggested the fourth quarter would see an average rate of 6.8% and the 2027 average would land around 6.7%.
Rising energy prices and persistent inflation are increasing expectations for another Federal Reserve rate hike, potentially keeping mortgage rates elevated longer and delaying meaningful affordability relief for homebuyers.
Read more at the link in our bio.
It's a steep increase from projections it made just a month ago, when the economists suggested the fourth quarter would see an average rate of 6.8% and the 2027 average would land around 6.7%.
Rising energy prices and persistent inflation are increasing expectations for another Federal Reserve rate hike, potentially keeping mortgage rates elevated longer and delaying meaningful affordability relief for homebuyers.
Read more at the link in our bio.
Comments (3)
4 hours agosandiegohomesandliving
🔥🔥🔥 As a Real Estate Consultant committed to helping Clients Build Wealth through San Diego Real Estate, I Appreciate you keeping this conversation going, @homesdotcom For perspective, Freddie Mac’s average 30 year fixed mortgage rate peaked at 18.63% in October 1981. Predictions for 2027 aren’t guarantees and yesterday’s rates don’t decide your next move. The question is: where does opportunity meet affordability for you?
2 days agoramettarealty
Yeah with war and the worst president in American history destroying the economy that will happen! #vote
3 days agolicense_linkup
“Can we make this work?” is the conversation buyers need help with. Clear numbers, realistic options and room to decide without pressure.
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