News

Mortgage rate forecast for the next 5 years: What economists say homebuyers should expect

Mortgage rate predictions: Homebuyers seeking clarity on long-term borrowing costs can look to the 10-year Treasury yield for clues. Experts predict this yield will hover around 4.5% this year before gradually declining to about 4.1% by 2027, remaining there through 2029. This trend, coupled with a projected spread, suggests a potential easing of mortgage rates over the next five years.