Mortgage rate predictions for the next 5 years: Thinking of buying a home? Here's whether mortgage rates will fall below 5% by 2030 or stay above 6%

Mortgage rates are expected to remain between 5% and 7% over the next five years, influenced by inflation, Federal Reserve policies, and economic stability. The average 30-year fixed rate is near 6%, closely linked to the 10-year U.S. Treasury yield around 4.09%. Significant rate drops are unlikely, so homebuyers and refinancers should plan accordingly in the evolving housing market.