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- Mortgage Rates Hit 6.66%, Highest in a Year, as Iran Conflict Fuels Inflation Fears
The average 30-year fixed mortgage rate climbed to 6.66% this week, the highest level in 12 months, as ongoing fighting in Iran pushes Treasury yields higher and stokes concerns about persistent inflation. - Fed Holds Interest Rates Steady Despite Three Officials Voting to Hike—What It Means for Homebuyers
The Federal Reserve kept its key rate at 3.5%-3.75% yesterday, but three policymakers broke ranks to demand a hike—the most dissent in nearly a decade. Mortgage rates remain elevated as inflation concerns linger. - Home Prices Fall in Real Terms for 12th Straight Month as Inflation Outpaces GainsThe S&P Case-Shiller Index shows U.S. home prices up just 1.1% year-over-year in May, but with inflation at 4.2%, homeowners lost purchasing power for the 12th consecutive month.
- Mortgage Rates Show Mixed Signals This Week as Markets Await Fed Decision
Mortgage rates delivered conflicting signals to borrowers this week, with different lenders reporting opposite movements as the Federal Reserve prepares to meet on rate policy. - Fed’s second meeting under Kevin Warsh: Rate hike odds climb as inflation fight intensifiesMarkets now see a one-in-three chance the Federal Reserve will raise rates this week as oil prices surge and Chair Warsh signals unwavering commitment to controlling inflation.
- Texas Wants to Give Homeowners a Property Tax Break at 55. Could Your State Be Next?Texas Lt. Gov. Dan Patrick is pushing to lower the age for senior property tax breaks from 65 to 55, a proposal that could freeze school taxes for 3.3 million more homeowners and save them thousands over a decade.
- Mortgage rates hit 6.58%, highest of 2026, as Fed meets this weekThe 30-year fixed mortgage rate climbed to 6.58% this week, the highest level in nearly a year, driven by surging oil prices and renewed inflation concerns just as the Federal Reserve prepares to meet.
- Mortgage rates hold below 7% as buyer demand shows resilience despite rising costsImproved mortgage spreads kept rates under 7% this week even as Treasury yields climbed, while purchase applications edged up 0.2% year-over-year and pending sales remained nearly flat.
- Florida Police Union Joins Growing Opposition to Property Tax Amendment on November BallotThe Fraternal Order of Police became the latest public safety group to oppose Amendment 3, citing concerns that the $11.8 billion annual revenue loss could jeopardize funding for law enforcement and emergency services.
