Mortgage rates and the housing market are expected to undergo changes in 2026, with some forecasts suggesting a shift in rates and home prices. Leading housing economists and organizations, including Fannie Mae and the National Association of REALTORS, are weighing in on the outlook for the rest of the year. The predictions vary, with some indicating a potential dip in home prices in certain US cities, while others provide forecasts for mortgage rates over the next few months to several years.