Here Is What It Actually Means for Homebuyers. Congress has passed the 21st Century ROAD to Housing Act, a large bipartisan housing package aimed at making it easier to build homes, reduce certain regulatory delays, modernize housing finance programs, and limit some institutional investor purchases of single-family homes. The President is expected to sign it.…

Every veteran’s bill comes with a press release that says some version of the same thing: “We’re fighting for our veterans.” That’s the headline. It’s rarely the whole story. Right now, Congress has a massive veterans package moving — the Take Care of America’s Veterans Act, and it’s a perfect case study in how these…

What’s Happening This week brought more pressure on interest rates. Treasury yields moved higher after the Federal Reserve signaled that rate hikes may still be possible later this year, with markets now pricing in tighter policy by fall. At the same time, consumer spending remained strong, with retail sales rising 0.9% in May, showing the…

What’s Happening Mortgage rates continue to trade in a range that has become familiar to the market over the past year. While most consumers would certainly welcome lower rates, something important has happened that deserves attention. The market is becoming predictable again. Not because we know exactly where rates will go next week. Not because…

What’s Happening For the past several years, consumers have been waiting for mortgage rates to return to the historic lows we experienced during the pandemic era. At this point, it may be time to accept the reality that those rates were the exception, not the rule. We would all love to see conventional mortgage rates…

What’s Happening Mortgage rates remain elevated, with many conventional borrowers still seeing rates in the upper-6% range depending on credit profile, loan structure, and pricing strategy. But this week, I noticed something interesting that most consumers will never see in the headlines. The 10-year Treasury yield remained relatively stable, trading around mid-4%. Normally, when Treasury…

What’s Happening Mortgage rates moved higher this week. Freddie Mac reported the average 30-year fixed rate at 6.51% as of May 21, 2026, up from 6.36% the prior week. Mortgage News Daily showed the daily 30-year fixed rate around 6.65% on May 21. And in your reality, this is more like the very best rate…

What’s Happening Mortgage rates remained relatively stable again this week, with most conventional 30-year fixed mortgage rates continuing to trade in the upper-6% range, depending on structure, pricing, and borrower profile. But here’s the more important story most headlines are missing: 👉 Treasury yields have moved higher recently, but mortgage rates have not risen proportionally…

Mortgage rates remained relatively stable again this week, with most 30-year fixed rates continuing to trade in the 6.2% to 6.5% range. Markets are still reacting cautiously to inflation data, employment numbers, and commentary from the Federal Reserve, but there still isn’t a strong catalyst pushing mortgage rates significantly lower. For now, we remain in…

This is one of the biggest misconceptions in mortgage lending today. Every week, I talk to people who say things like: “I’m self-employed, so I probably can’t qualify.” “My CPA wrote off too much income.” “I had a couple late payments.” “The bank told me no.” And many times?They actually can qualify. The truth is,…