What's the mortgage interest rate forecast for May 2026?

The direction of mortgage interest rates this May will depend on a variety of timely factors. sakchai vongsasiripat/Getty Images We're now in the second quarter of 2026 and the year has already been unpredictable when it comes to mortgage interest rates . After nearly four months, some rate predictions may need to be recast. If you were house-hunting in February, mortgage rates felt like they were back on track. …