Fall Homebuyers Gain Clarity as Market Adjusts to New Rates

Mortgage rates recently rose to 6.71%, the highest since July 2025, driven by Middle East conflict and inflation concerns. Rates are expected to remain around 6% through the end of 2026, with potential Fed rate hikes adding upward pressure. Autumn may offer less competition and better prices, but higher rates could shorten the selling season. Future rate trends depend on inflation, Fed actions, and geopolitical developments.