Home prices have been on a rapid ascent: Depending on which gauge you look at, U.S. home prices have been rising at a pace of 15% to 20% a year. But pros say that rapid ascent is likely to slow through the next year or so, as mortgage rates continue to climb (see the lowest mortgage rates you can qualify for now here). Here’s what experts told us they expect to happen to home prices both in the short and longer terms.