US Finance
Mortgage Rates 2026: Buy Now or Wait for Rate Drops?
The 30-year fixed mortgage rate averaged 6.43% as of March 2026 — down from 7.22% a year ago but still nearly double the historic lows of 2020–2021. Freddie Mac forecasts rates averaging 6.3% in 2026 with a possible dip toward 5.9%. Here's the real math on whether buying now or waiting for a rate drop saves you more money.