Planning for 2026? Here’s What’s Happening with Mortgage Rates
As 2025 winds down, mortgage rates have shown signs of leveling off after a year of steady movement and market adjustments. While rates remain higher than the historic lows we saw a few years ago, recent data suggests a sense of stabilization that’s bringing renewed optimism to both buyers and sellers. Experts anticipate that as inflation continues to ease and the economy finds its balance, rates could gradually decline heading into 2026. For homeowners, this means potential opportunities to refinance or tap into equity, while buyers may find a more predictable lending environment as they plan their next move. Whether you’re looking to purchase, sell, or simply keep an eye on market trends, staying informed now can help you position yourself strategically for the year ahead.
- When you need to work on your credit. Maybe your credit score is just starting to recover, but you need more time to pay down debts for a couple of years. With rent-to-own, you could start investing in a home while you bring up your score.
- You’re close, but not quite ready to secure a mortgage. You might have a good job with a significantly bigger salary, but you haven’t been there long enough for a lender to consider it a stable source of income. Or maybe you’re self-employed and you’re still building a reliable track record. Rent-to-own allows time to build personal wealth and financial credibility while working toward your homeownership goals.
- When you know you’re going to buy when the lease expires. If you’re not ready to buy when the lease expires, then you will lose any rent credit, i.e. investment, you’ve put into the home.
