Mortgage rates are higher than earlier in 2026, but still below 2025 levels, which may help more buyers qualify for loans today.
The condo market is now showing stabilization after weakness in 2025, with improved affordability drawing buyers back in some metro areas again.
An economist says many homeowners are gaining housing wealth, especially where inventory remains tight and comparatively affordable markets keep attracting buyer attention.
Regional conditions still matter: tight supply supports Northeast markets, while the Midwest benefits from relatively affordable pricing compared with costlier areas elsewhere.
For buyers preparing to move, improving mortgage conditions may expand options, making qualification conversations with lending professionals especially important now in today's market.
Lower Rates Could Support US Buyers
