BusinessPhoto: HT WorldUS Mortgage Rates May Stay Above 7% Through 2027
US mortgage rates are expected to remain above 7% through 2027 due to persistent inflation, heavy government borrowing, and increased AI spending. Fannie Mae forecasts an average mortgage rate of 7.5% in 2027, while the Mortgage Bankers Association expects rates to stay above 7%. The 10-year US Treasury yield, influenced by inflation and borrowing, plays a key role in these rates.
HT World·



