07/13/2026
🏡 Monthly Mortgage Market Update | July 2026
The housing market is always changing, but one thing remains the same—knowledge gives buyers and homeowners an advantage.
Here’s what happened this month:
• 📉 Existing home sales slowed as higher mortgage rates continue to affect affordability.
• 💰 Median home price reached a record $440,600, showing home values remain strong.
• 📦 Housing inventory has improved compared to last year, giving buyers more options.
• 🏠 Homeowner equity is at an all-time high, creating opportunities for those considering selling or tapping into their home’s value.
• 📊 If mortgage rates improve and inventory continues to increase, we could see more buyer activity in the coming months.
Whether you’re buying your first home, upgrading, refinancing, or simply curious about today’s market, I’m always happy to answer your questions—no pressure, just honest advice.
📞 Thinking about buying or refinancing? Let’s create a game plan that fits your goals.
Mikhail Doble
Loan Officer | Advisors Mortgage Group
NMLS #2602696