Fannie Mae foresees 7.5% mortgage rates for 2027


October 16, 2026 / By ICBA

Fannie Mae predicted the average 30-year fixed mortgage rate will be 7.5% in 2027.

Upward Trend: In its latest monthly analysis, Fannie Mae forecasts the average 30-year fixed-rate mortgage rate will reach 7.4% in the fourth quarter of 2026. It previously projected a 6.8% rate for the fourth quarter and 6.7% for 2027.

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