06/22/2026
Last week brought a mix of economic signals as mortgage rates experienced some volatility but ultimately finished near where they started. Housing activity showed signs of moderation, with mortgage applications slowing and builder confidence softening, while pending home sales and retail spending continued to edge higher. The labor market also presented a mixed picture, with slower private-sector hiring and an increase in continuing unemployment claims, though new jobless filings remained relatively stable. As markets continue to digest economic data and Federal Reserve policy signals, both buyers and homeowners are keeping a close eye on what comes next.
