Expert poll: Mortgage rate trend predictions for June 4 - 10, 2026

Melissa Cohn

Regional Vice President, William Raveis Mortgage

Strong employment numbers, renewed fighting in Iran and rising oil prices are all the perfect formula for higher rates. The 10-year bond yield has touched 4.50% again, and mortgage rates are all moving higher, unfortunately.

Jeff Lazerson

President, MortgageGrader

The war in Iran is heating up again.

Dick Lepre

Senior Loan Officer, Realfinity , Alamo , CA

Trend: higher. Trump wants higher rates. Policy may allow him to have some effect.

Denise McManus

Certified Luxury Home Agent, APEX RESIDENTIAL Real Estate/Xpert Home Lending

Prediction: slightly down. Mortgage rates have been looking for a reason to move lower … and this week, they may finally get one. While inflation and geopolitical tensions are still creating noise, bond markets appear more focused on slowing economic growth and the possibility that the [Federal Reserve]'s next move is eventually lower — not higher. Unless we get a major surprise from economic data or a fresh spike in oil prices, I expect rates to drift modestly lower in the coming week. Not a dramatic drop, but enough to keep buyers engaged and reinforce the fact that waiting for the ‘perfect rate’ may not be the winning strategy.

Mark Hamrick

Washington Bureau Chief, Senior Economic Analyst for Bankrate

I look for rates to be little changed over the next week.

Ken Johnson

Walker Family Chair of Real Estate, University of Mississippi

While the yield on 10-year Treasuries has moved lower for the last 10 business days, the risk of holding mortgages has increased. Typically, these two measures move in the same direction. Next week, look for these two measures to continue to offset each other, resulting in no real change in mortgage rates.

Dr. Anthony O. Kellum

President & CEO, Kellum Mortgage , Roseville , MI

I think that mortgage interest rates will remain relatively stable …. The market is currently digesting economic data, inflation trends and signals from the Federal Reserve; however, much of this information appears to be already reflected in current pricing. In my view, we are in a period of waiting, where investors, lenders, and consumers are looking for clearer direction on inflation and economic growth before making significant moves …. For buyers, homeowners, and investors, I believe the focus should remain on long-term opportunities rather than trying to time small shifts in the market.

Les Parker, CMB

Managing Director, Transformational Mortgage Solutions , Jacksonville , FL

Mortgage rates will go nowhere. Iran’s rumor mill keeps pushing rates up and down. With the Federal Reserve frozen by near-term inflation and growth stalling, expect the 10-year yield and mortgage rates to drop when a deal happens.

Nicole Rueth

Senior Vice President, CrossCountry Mortgage , Greenwood Village , CO

Mortgage rates are holding in a tight range, as the market has largely priced in the possibility of a Fed rate hike and continues trading on every twist in Iran peace talk headlines, with yesterday's missile strike on U.S. allies sending oil and Treasury yields back up before settling again. The average 30-year rate sits at 6.56%, and with the Fed widely expected to hold at its June 16-17 meeting and no verified peace agreement in hand, the path of least resistance keeps rates rangebound. Until the Strait of Hormuz reopens and inflation data responds, any movement lower will be temporary, and any escalation in the Middle East will quickly remind the market why rates are where they are.

James Sahnger

Mortgage Planner, C2 Financial Corporation , Palm Beach Gardens , FL

Rates have bounced around a bit depending on the current [temperature] in the Middle East. While the general ceasefire has remained intact, the outcome of a long-term agreement remains in flux, with no clear sign for a break-out move ahead.

Robert J. Smith

Chief Economist, GetWYZ Mortgage

I expect rates to be relatively unchanged, barring any surprises in the employment data on Friday and inflation data next week.