finance.yahoo.com Guidance
Morgan Stanley's troubling housing forecast is playing out now
In February 2026, mortgage rates fell below 6% for the first time in three and a half years, briefly pushing housing affordability to its most favorable level since 2022, FreddieMac reported. That window of relief evaporated within weeks, as rates climbed back toward 6.5% and have stayed above 6% ever since. A detailed analysis from Morgan Stanley offers …