06/05/2026
📉 Kat's Market Insight | May 2026 Recap
• Mortgage rates moved higher in May as inflation concerns and ongoing tensions in Iran pushed Treasury yields upward.
• While rates have increased approximately 0.50% from their 2026 lows, they remain slightly lower than they were at this time last year.
• The Federal Reserve is expected to leave rates unchanged at its June meeting, with markets closely watching for signals regarding potential rate cuts later this year.
• Housing inventory continues to improve nationwide, giving buyers more options and increasing opportunities for negotiation, including seller concessions.
• In Flagstaff, the market remains relatively balanced, with steady home values, improved inventory, and strong demand for well-priced & well-kept homes heading into the summer season.
🏡 Whether you're thinking about buying, selling, or refinancing, understanding today's market can help you make more informed decisions.
Feel free to reach out if you'd like to discuss your options or get a personalized market update! I’d ❤️ to help!