11/04/2026
What Experts Forecast for Mortgage Rates and Home Prices in 2027
Want to know what’s next for rates and prices? The forecasts are in.
And the outlook for the housing market in 2027 comes down to one word: steady.
The latest forecasts from Fannie Mae, the Mortgage Bankers Association, and Wells Fargo show mortgage rates holding fairly flat through 2027. No big drop expected. No big spike either.
Lenders agree. In a recent HousingWire survey, 70% of mortgage executives said they expect rates to be around 7.5% or higher six months from now.
Home prices are on a steady path too. On average, those same forecasts show national prices rising about 1% to 1.5% a year through 2027.
So what does that mean for you?
If you’re buying, slower price growth gives you a little more breathing room. And instead of waiting on a rate drop that may not come, you can focus on what you can control, like a monthly payment that feels comfortable today.
If you’re selling, your house should keep holding its value, which makes it easier to plan your move around your goals and timeline.
Just keep in mind, these are national numbers. What’s happening in your neighborhood could look different.
Curious what a move could look like at today’s rates and prices? Let’s run the numbers together.
