Homebuyers waiting for 5% mortgage rates may have to wait years as forecasts point to rates staying near 6% to 6.5%, while home prices rise.

Homebuyers waiting for 5% mortgage rates may have to wait years as forecasts point to rates staying near 6% to 6.5%, while home prices rise.

Mortgage rates aren't expected to get much cheaper for homebuyers in 2027, especially if inflation stays high.