The Fed doesnβt set mortgage rates, but the 2025β2026 outlook shows gradual rate easing as inflation aims toward 2%.
MBA: Rates easing into mid-6% range by late 2026.
Fannie Mae: High-5% to low-6% range as inflation cools.
Freddie Mac: Elevated compared to history, but off 2023β2024 highs.
Dropping from high-6s to mid-6s saves $150β$300/month for typical Myrtle Beach homes.
Builders like Carolina Crafted Homes can create real affordability through design + incentives rather than price cuts.
Most forecasts expect rate cuts into 2027, meaning refinance opportunities will exist.