Mortgage rates near 6% in 2026 will reduce affordability, shrinking the pool of buyers and extending selling times. The "lock-in" effect keeps many homeowners from moving, limiting housing supply and increasing competition for properties. However, higher rates boost rental demand, benefiting rental investors. Refinancing at lower rates can improve cash flow. Investors must focus on positive...
mortgage rates 6%
Prepare early by organizing finances, checking credit, and getting pre-approved for a mortgage. The first quarter offers less competition and potential price advantages before spring. Affordability is expected to improve slightly due to stable or lower mortgage rates, slower home price growth, and rising incomes. Buyers should set realistic budgets, prioritize needs, and work with professionals to...