June 1, 2026 | “Ballsiest Forecast for Mortgage Rates That I’ve Seen!”

Subscriber email received on June 1, 2026

Hi Mr. Campbell,

Ballsiest forecast for mortgage rates that I’ve seen! Appreciate you sticking your neck out and having a strong opinion.

Regards,

Dave Allman

Elliott Wave International

ROBERT CAMPBELL’S RESPONSE:

Thanks Dave –

Facts are facts and correlations are correlations.

As you know, my forecast was based on a 56-year history of where inflation is headed (84% correlation) and the 56-year historical spread (3.80 percentage points) between the rate of inflation and mortgage rates.

Successful investment decision-making is always about probabilities.

The probability of a future event is never 0% nor is it ever 100%.

Based on a 56-year history of being right 84% of the time, my belief that mortgage rates going to 12.3% in 2027 is a highly probable event.

Thanks for the email Dave.

Robert Campbell

PS: Like my Dad would always tell me “If people want guarantees in life, buy a toaster.”

Robert Campbell June 1st, 2026

Posted In: The Campbell Real Estate Timing Letter

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