Mortgage rates forecast: Could rates hit 7% again by 2027 amid high inflation?
Mortgage rates may fall over the next five years, but they could also go back to 7%. A main forecast expects the average 30-year fixed mortgage rate to be around 6.05% in 2027. Mortgage rates could reach 7% again by 2027 if inflation stays high. (Pexel/Representative image) (Pexel) Rates could slowly fall after that. But … Read more