The Fed hiked rates September 16 — its first increase since 2023 — and its own projections show most officials expect at least one more hike before year-end. If you're waiting for rates to ease before you list, the current outlook says otherwise.
Updated September 17, 2026 · Rate outlook is time-sensitive and will be revisited after the Fed's next meeting
Mortgage rates and selling your home in 2026: After the Federal Reserve raised rates on September 16, 2026, and signaled more hikes may follow, mortgage rates have been moving higher, which can shrink buyer budgets. Sellers who price accurately and list sooner may face less of that pressure. Ray and Kelly Nadeau of Certainly Sold can review your timing. Call (407) 544-4704.
By Ray Nadeau · Licensed Florida Broker BK3344407 | Kelly Nadeau · Licensed Florida Broker BK3344334 · Certainly Sold · Last updated: October 21, 2026
| Question | What We Know Right Now |
|---|---|
| What happened Sept. 16? | Fed raised its benchmark rate — the first hike since 2023, unanimous 12-0 vote |
| What does the Fed itself project next? | 16 of 18 officials project at least one more hike this year; 4 of those see two more possible |
| What are economists saying? | Redfin, NAR, and Wells Fargo all describe rates as likely to stay elevated or climb further through year-end |
| What does this mean for your listing? | "Wait for relief" isn't backed by the current outlook — pricing and payment strategy matter more than timing |
The Federal Reserve raised its benchmark rate — the first hike since July 2023 — under new Chair Kevin Warsh, in a unanimous 12-0 vote. The move was aimed at inflation that stayed stubbornly elevated in August, worsened by rising oil prices tied to the war with Iran. Fed officials also nudged up their inflation projections for the year, a sign they see the pressure continuing, not easing.
Source: CNN Business, Sept. 16, 2026
This is the part sellers are missing: the Fed didn't just hike once and stop. In its "dot plot" projections released the same day, 16 of the 18 participating officials (Chairman Warsh abstained from submitting a dot) projected at least one more rate hike before the end of 2026 — and four of those see two more as possible. Redfin's head of economics research summed it up bluntly: mortgage rates are "likely to stay high for the foreseeable future as the Fed will keep hiking."
Sources: CNBC · Redfin · Federal Reserve, Sept. 16, 2026 Summary of Economic Projections
Mortgage rates had already climbed in the days following Chairman Warsh's hawkish Jackson Hole speech in late August. NAR's chief economist called the path to lower rates "highly uncertain" in the near term. Wells Fargo and the NAHB both expect rates to stay elevated through the rest of 2026, with meaningful relief unlikely before late 2027.
Sources: Mortgage News Daily via CNBC · NAR / Real Estate News · Wells Fargo & NAHB via U.S. News · Forbes Advisor
If the official outlook pointed toward relief this year, "wait it out" might be defensible. It doesn't. That changes the calculus two ways: first, homeowners sitting on low-rate mortgages have even less reason to list and move up into a rising-rate market, which keeps your competing inventory thin. Second, buyers shopping today already expect elevated rates — so the properties that stand out are the ones solving the payment problem directly.
Want to see how this outlook plays out for your specific listing?
Get a Free Home ValuationInstead of cutting price, that same money can fund a temporary or permanent rate buydown for your buyer — lowering their monthly payment directly. With rates trending up rather than down, this argument gets stronger, not weaker: a buyer comparing your listing to others is comparing payments, and a buydown moves that number in your favor immediately.
Rates and Fed projections are national data points that change with every economic report — your buyer's actual rate depends on credit, loan program, and lock timing. This isn't a guarantee of sale price, timeline, or savings.
Worth walking through before you decide: your current equity position, what your next move costs at today's rates, how your home shows against recent comps (not last year's peak), and whether a buydown or a price adjustment gets a rate-conscious buyer to the table faster. That's a 15-minute conversation, not a guessing game.
Will the Fed raise rates again before the end of 2026?
According to the Fed's own September 16 projections, most participating officials expect at least one more hike this year, with a few seeing two. That's the Fed signaling its own intent — not a guarantee of what actually happens.
Could mortgage rates keep rising?
Daily and weekly rate surveys in mid-September both moved higher. Both readings point the same direction: elevated and rising, not falling.
Does this outlook change whether I should wait to sell?
It removes "rates will probably drop soon" as a reason to wait, based on the data available right now. Whether to sell still depends on your equity, timeline, and next move — but the "wait for relief" bet is harder to justify with the Fed itself projecting more hikes.
What if I need to buy my next home too?
This is the scenario worth planning first. We can walk the sell-then-buy math with you and loop in financing options on the buy side so you're not caught between two closings.
No pressure, no canned CMA. A real conversation about your equity, your timeline, and whether a buydown strategy makes sense while rates stay elevated.
(407) 544-4704Certainly Sold provides real estate brokerage services in the State of Florida. Florida Broker Lic. #BK3344407. Equal Housing Opportunity.
Mortgage financing services are offered through Equity Smart Home Loans, CA NMLS #856170, DRE #01906808, 1499 Huntington Dr Suite 500, South Pasadena, CA 91030 (Florida license MBR-2341). Ray Nadeau, Mortgage Loan Originator, NMLS #1027617. All loan programs, terms, eligibility and approvals are subject to borrower qualification, property qualification, underwriting guidelines, condominium project requirements, lender requirements, and program availability. Not all borrowers, properties, or condominium projects will qualify. Nothing on this website constitutes a commitment to lend or a guarantee of financing.
Real estate brokerage services and mortgage financing services are separate services. Consumers are not required to use Equity Smart Home Loans or any particular mortgage lender as a condition of listing, selling, purchasing, or otherwise using Certainly Sold's real estate brokerage services. Consumers are free to choose the lender and other settlement service providers of their choice.
Condominium financing availability may depend on borrower qualifications, property characteristics, condominium project eligibility, association financials, insurance coverage, reserves, special assessments, litigation, occupancy, and individual lender/program requirements. References to alternative or specialized financing options do not mean every borrower, property, or condominium project will qualify.
Any property value, condo value, comparative market analysis, or saleability review provided through this website is for informational purposes only and is not an appraisal. No representation or guarantee is made regarding a property's market value, eventual sales price, financing availability, or successful closing.