Sean Harrington, Mortgage Broker NMLS #901347

05/04/2026

What does Google say about rates today? As of May 2026, the national average for a 30-year fixed mortgage is sitting at 6.39%.

Here’s the outlook for what’s ahead:Short-Term (Next Month):Expect rates to stay steady between 6.20% and 6.50%. All eyes are on the mid-June Fed meeting—any shifts in inflation data before then could cause some minor "wiggles" in the market.Long-Term (Through 2027):The "new normal" is here.

Forecasts suggest rates will likely hover in the low 6s for the next year. While we might see a dip toward 5.75% if the economy cools, the days of sub-4% rates aren't in the cards for the foreseeable future.

⚠️ Disclaimer:This market summary was generated by Google AI for informational purposes only. Mortgage rates fluctuate daily based on economic data and geopolitical events. This is not financial advice; please consult with a qualified mortgage professional before making any home-buying or refinancing decisions.

10/01/2025

Think you know your credit score? The free credit apps don't necessarily tell the whole story.

09/11/2025

Trigger Leads Bill Passed! What does that mean for consumers???

09/04/2025

Rates may be pinching the hose, but demand is building pressure behind the scenes.

08/05/2025

Great news for Veterans!

Yesterday President Donald Trump signed the VA Home Loan Protection Act (H.R. 1815) into law, alongside the bill’s author and VFW Life member, Rep. Derrick Van Orden (WI-3) and House Committee on Veterans’ Affairs Chairman Mike Bost (IL-12).

05/12/2025

The housing market in Gilbert is shifting! Home prices are adjusting, inventory is up 45.6%, and mortgage rates are currently averaging 6.8% (subject to change). Whether you're buying, selling, or investing, staying informed is key!

✨ Ready to make your move?

https://www.bloomlending.com/blog/gilbert-az-housing-market-update-may-2025

01/15/2025

I saw this today and wanted to share. It shows how there are a lot of factors that come into play for mortgage rates. Each reason listed below has many aspects. It's a balancing act!

08/23/2024

Would you like to own a home with no money down? I've got programs for that. Reach out if I can help!

07/29/2024

Some people don't know they are ready. Tired of renting? Want to find out if you qualify? Reach out. I'm happy to help!

A surprising number of renters could afford to buy a home, according to a new Zillow Analysis. Despite 39% of U.S. families renting in 2022, nearly 8 million qualified as "income mortgage-ready." This means they could likely handle a mortgage payment for a typical home in their area without exceedin...

02/26/2024

🏡 𝗙𝗼𝗿 𝘁𝗵𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟲, 𝟮𝟬𝟮𝟰

𝗟𝗮𝘀𝘁 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗥𝗲𝗰𝗮𝗽: 𝗥𝗮𝘁𝗲𝘀 𝘄𝗲𝗿𝗲 𝘂𝗻𝗰𝗵𝗮𝗻𝗴𝗲𝗱 👍
Mortgage rates crept higher through the week last week, but a strong performance on Friday helped to end the week basically unchanged. Faced with the current rate climate, that's a win for the week.

𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸'𝘀 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁: 𝗥𝗮𝘁𝗲𝘀 𝗰𝗼𝘂𝗹𝗱 𝗺𝗼𝘃𝗲 𝗵𝗶𝗴𝗵𝗲𝗿 👎
This week there's a lot of economic data that markets will be watching that could push mortgage rates higher. If the economic data points to a strong economy, that means it is less likely the Fed will cut rates anytime soon... and that means mortgage rates will suffer for the week.

🗓️ 𝗪𝗵𝗮𝘁'𝘀 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀 𝘁𝗵𝗶𝘀 𝘄𝗲𝗲𝗸:
- Economic data: This week has a full calendar, with reports every day as well as Treasury auctions through the week that could influence markets and affect mortgage rates. The biggest reports come out Thursday and Friday.
- Month's end: The underlying markets that set mortgage rates could be affected by traders positioning portfolios for month's end.
- The Fed: Rates hit their recent best levels in December when markets thought the Fed would be forced to cut in March or May to avoid doing damage to the economy, but mortgage rates have moved higher now that markets are speculating the Fed won't cut till June or even July.