When will mortgage rates go down? The outlook heading into 2026.

Mortgage rates may have decreased only slightly this week, but the decline marks a significant moment: The 30-year fixed mortgage rate has dropped to its lowest point in 2025. The national average 30-year rate is now 6.15%, according to Freddie Mac. So, what does this mean for the upcoming 2026 housing market? Will mortgage rates continue to go down? Are mortgage rates dropping? Yes, mortgage rates are dropping in general. Weekly declines are small, but longer-term changes are more drastic. As of Dece ...