Will a cooling labor market keep mortgage rates below 7% in 2026?

Written by

in

As someone who’s watched the Lake of the Ozarks market evolve for over four decades, I keep a close eye on how broader economic shifts might impact our local real estate landscape. Recent labor data is pointing to slower job growth, and while unemployment has dipped a bit, that’s largely due to fewer people participating in the workforce. These trends can influence mortgage rates, and it’s worth noting that rates may remain below 7% into 2026. However, with inflation pressures still on the horizon and the Fed targeting 2% inflation—especially given ongoing geopolitical and AI-related risks—we could see a rate hike as early as 2027. Staying informed about these changes is just one way I work to keep your real estate experience as smooth and stress-free as possible.

Continue to full article

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *