Mortgage Rate Predictions for March 2026: When Will Mortgage Rates Go Down?

Mortgage rates in March 2026 are expected to hover around 6%, with possible brief dips below that level, but pandemic-era lows near 3% are unlikely to return. Home affordability remains challenging due to high prices and rates, though seasonal pricing in March may offer savings. Refinancing is advisable if current rates exceed 6.48%. Inventory is rising slightly, but many homeowners are locked into lower rates, limiting supply. Buyers should act based on affordability and shop multiple lenders.