What Will Mortgage Rates Do In 2026? Here’s The Smart Money Bet.
- The Biggest News Jason Rosenberg
- 3 minutes ago
- 2 min read
Every buyer right now is acting like mortgage rates are like Beyoncé tickets:
“Should I buy now or will prices be cheaper if I wait until the next world tour?”
Let’s end the drama.
Because what happens in early 2026 is already being chess-boarded by every economist, every lender, every investor, every uncle on Facebook… and yes, every Chicago buyer who “knows a guy.”
Where We ACTUALLY Are Today (Nov 2025)
Rates right now are “meh.”
Not great.Not terrible.Not 2021 dreamland.Not financial apocalypse.
Just… mid-sixes to low sevens depending on product + credit.
But here’s the data point that matters:
We slowed. We didn’t crash.
So What’s The 2026 Bet?
Here’s the honest, boring (but sexy) truth:
Rates are more likely to SLOWLY trend DOWN in 2026 — not FALL OFF A CLIFF.
Think:7.1% → 6.8% → 6.4% → maybe 6.1% if the Fed plays nice.
Like Chicago construction.(You know: “Should be done by August” … which August?)
The Real Move Is This
People aren’t waiting for lower rates.
They’re waiting for permission.
They want one viral TikTok that says:
“It’s time.”
Then BOOM — buyers will flood back like they just heard Costco is launching a new rotisserie brisket.
And the minute that happens → prices get bid up again.
So if you’re waiting for rates to fall to buy the deal…you might be walking into a HIGHER purchase price.
Final Thought (from a guy who’s seen every cycle since Bush… the FIRST one)
Buy the house when it’s negotiable. Refi the rate when it’s lower.
That’s the real game.
Waiting for the “perfect” rate has cost more Chicago buyers more money than any rate ever has.
Ready? Let’s talk strategy.
I help Chicago buyers get into the right place at the right price — even when the market’s weird.
Want to look at some opportunities this week?
Call or text me today: 312-882-9797
Let’s get ahead of the herd — before Chicago wakes up and realizes waiting wasn’t the winning play.
