What Experts Forecast for Mortgage Rates and Home Prices in 2027

By David Parks · eXp Realty · The Apollo Group · 2 min read

The Short Answer

Major forecasters expect a steady market in 2027, with mortgage rates holding near current levels and home prices rising slowly. Forecasts are national and can differ from local conditions.

What Experts Forecast for Mortgage Rates and Home Prices in 2027
Illustration by David Parks

Rates: flat rather than falling

Forecasts from Fannie Mae, the Mortgage Bankers Association, and Wells Fargo show mortgage rates holding fairly flat through 2027. In a HousingWire survey, 70 percent of mortgage executives said they expect rates around 7.5 percent or higher six months from now. Redfin’s head of economics research has said that until the economic fundamentals keeping rates high change, rates are unlikely to fall significantly.

Mortgage rate forecasts through 2027
Graphic: Keeping Current Matters
Mortgage executives’ rate expectations (HousingWire)
Graphic: Keeping Current Matters

Prices: slower growth, not a crash

The same forecasters show home prices rising roughly 1 to 1.5 percent per year through 2027. That points to a market where prices still rise in most places, just more slowly.

Home price forecasts through 2027
Graphic: Keeping Current Matters
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What to do with a forecast

Forecasts are educated guesses, not promises. Instead of waiting for a big change, focus on what you control:

Key pointWhat it means
Your credit scoreEven a small improvement can lower your rate.
Loan typeSome programs offer lower rates or smaller down payments.
PointsPaying more upfront can lower your rate and payment.

For Denver-area buyers and sellers

Local markets can move differently from the national average. A steady forecast makes it easier to plan around your own goals, whether that is more space, less upkeep, or a job move. David can run your numbers at today’s rates and prices so you can decide based on your situation.

Sources and dates

National forecasts from Fannie Mae, the MBA, Wells Fargo, HousingWire, and Redfin, as reported in November 2026.

Key Takeaways
  • Rates: flat rather than falling: Forecasts from Fannie Mae, the Mortgage Bankers Association, and Wells Fargo show mortgage rates holding fairly flat through 2027.
  • Prices: slower growth, not a crash: The same forecasters show home prices rising roughly 1 to 1.5 percent per year through 2027.
  • What to do with a forecast: Forecasts are educated guesses, not promises.
  • For Denver-area buyers and sellers: Local markets can move differently from the national average.

This article is general information, not legal, tax, financial or inspection advice. Every home and situation is different, so confirm details with a licensed inspector, lender, attorney or tax professional.

David Parks
About David Parks

David is a Greater Denver real estate advisor with eXp Realty and The Apollo Group (Colorado broker license FA100103211). He has closed more than $55 million in volume, earned eXp Icon status in 2025, and holds a 5.0 rating on Zillow from 27 verified reviews.

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