05/27/2026
🏡 Mortgage Market Update – What Buyers Need to Know in 2026 📊
Industry experts including Fannie Mae, the Mortgage Bankers Association, and Wells Fargo continue projecting mortgage rates to remain above 6% through at least 2027.
While many buyers are still hoping for a return to the ultra-low 3–4% rates, today’s market is shifting the focus toward smart long-term homeownership strategies rather than trying to perfectly “time” interest rates.
The good news?
Buyers today may have stronger negotiation opportunities, seller concessions, and the ability to refinance in the future when rates improve.
Even better, the FREE 1-0 Buydown Program is available through June 30th, allowing qualified buyers to enjoy a mortgage rate that is 1% lower during their first year of homeownership — helping reduce monthly payments and improve affordability. If you’ve been thinking about buying, now is a great time to explore your options and build a strategy that works for your goals and lifestyle.
Katrin Inge Motk
REALTOR® | KW Metrocenter Greater Richmond
Licensed in the Commonwealth of Virginia
📞 571-373-2166 Cell | 804-858-9000 Broker Phone
📧 [email protected]
🌐 katrin.kw.com