08/20/2026
โ Frequently Asked Question โ
When are mortgage rates going to fall?
The truth is, no one can predict exactly when mortgage rates will drop.
Rates can change quickly based on inflation, the economy, the bond market, and other factors.
๐ก My tip: Donโt focus only on waiting for the โperfectโ rate. If you find the right home at a price and monthly payment that works for you, it may be worth exploring your options now.
If rates improve later, refinancing may be an option.
Have mortgage questions? Iโm always happy to help. ๐ ๐