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Event Brief

Two forecasts point to mortgage rates above 7% in 2027

Two new forecasts indicate mortgage rates may remain above 7% in 2027, a prospect described as bad news for home buyers and sellers. Separately, mortgage rates have risen above 7% while home prices remain elevated, hurting would-be buyers, according to the New York Times.
WHO: The forecasters behind two new forecasts
WHAT: Issued forecasts indicating mortgage rates may stay above 7% in 2027.
WHEN: Reported Oct 15, 2026 at 9:14 AM ET
WHERE: United States
WHY: The forecasts reflect signs that mortgage rates will remain above 7% in 2027; the specific basis for the forecasts is not stated.

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