06/26/2026
Mortgage rates are continuing to trend in the right direction, recently reaching their lowest levels since mid-May. 📉🏡
What's driving the improvement?
✅ Lower oil and diesel prices are helping ease inflation pressures.
✅ Long-term Treasury yields continue to move lower, which has been supportive of mortgage rates.
✅ New housing legislation could help increase inventory over time and improve affordability.
While no one can predict exactly where rates will go next, it's encouraging to see several economic factors working in borrowers' favor.
This coming week will be an important one, with several key employment reports being released. Labor market data remains one of the biggest drivers of mortgage rates, so we'll be watching closely to see if this positive momentum continues.
Whether you're thinking about buying, building, refinancing, or simply trying to understand what's happening in today's market, staying informed is one of the best financial decisions you can make.
Take a look at this week's Mortgage Market Guide below, and if you'd like to discuss how current market conditions may impact your homeownership goals, I'd be happy to help!
Oil Lower and Rates Lower Again
