05/01/2026
The Fed met and didn’t raise rates…
but mortgage rates still went up.
Confusing? Only if you think they move together.
They don’t.
Mortgage rates follow the bond market, and right now the message is clear: inflation isn’t done, and we’re likely in a higher-for-longer environment. That pushed bond yields up… and mortgage rates went with it.
Meanwhile, buyers are still waiting for rates to drop into the 5s.
That may take a while.
And while they’re waiting, the market is shifting:
More inventory
Less competition
Slower price growth
That kind of balance doesn’t stick around forever.
It’s not a perfect market… but it’s a window.
And here’s the reality:
You can always refinance a rate.
You can’t go back and buy a house at yesterday’s price.
Now could be the right time to buy, lets explore your options.
303-638-4216
