There's good and bad news for home shoppers hoping for lower mortgage rates in 2026 — they're likely to fall more in the new year but shouldn't drop much below 6.0%, if they reach that. But the decrease may help you afford a home .

The average mortgage interest rate on a 30-year mortgage declined to 5.99% on December 17, 2025, according to Zillow. The median interest rate on a 15-year mortgage is 5.37%. With both options under 5% now, buyers may find today's rates low enough to justify re-entering the homebuying market.

The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year.

The December Federal Reserve meeting may lead to lower mortgage rates, but it's not directly caused by the 25 basis point rate cut.

U.S. existing home sales increased modestly in November amid an easing in mortgage rates, but economic uncertainty is keeping potential buyers on the sidelines.

NAR identifies 2026's hottest housing markets using job growth, inventory, and rate data. Minneapolis, Jacksonville and Raleigh offer prime opportunities.

A drop in the inflation rate could prove to be good news for homebuyers and owners hoping to refinance. Here's why.

The latest jobs market, "with all of its uncertainties" is likely to leave the Fed in a pickle about future cuts, experts say.