Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Most Read from Fast Company The average 30-year fixed mortgage rate sits at 6.19%, down from 6.54% a year ago. While that decline represents some welcome relief for homebuyers, economists at Fannie Mae and the Mortgage Bankers Association (MBA) believe most of the short-term mortgage rate relief is already behind us. Both Fannie Mae and the MBA released 2026 forecasts this month showing no ...

As anyone who’s shopped for a mortgage recently can confirm, high rates are no fun. But in recent weeks, borrowers have caught a break from an unlikely source: investors who buy mortgage bonds. Wall Street's improving sentiment toward the housing market has pushed the 30-year fixed-rate mortgage to roughly 6.34% in recent weeks. That's down from just below 7% at the start of 2025, even as other economic conditions remain choppy – and suggesting investors are starting to see a sort of equilibrium in the ho ...