Bond Markets Stabilize and Yields Drop Below Key Levels The bond market found a bit of calm this morning as global tensions eased. While a final truce is not in place, talk of a pause in strikes has helped markets steady. According to a morning report from Mortgage News Daily, 10-year yields have dropped back …
Bond Rally and West U Sales Impact the Houston Housing Market Read More »
Mortgage Rates Hit 6.85% — Highest Level in Over a Year Mortgage rates just hit their highest level in over a year. Rates climbed to 6.85% this week. That’s the first time in 2026 they’ve been higher than last year. The Iran conflict is pushing oil prices up. That’s driving bond yields higher too. The …
6.85% Rates Hit: What the Houston Housing Market Needs to Know Read More »
Houston Mortgage Rates Hold Near 6.85% Ahead of Fed Meeting Houston mortgage rates are sitting at 6.85% this week. That is a key number for anyone looking to buy a home. According to a recent HousingWire report, 30-year conventional loans averaged 6.85% on Tuesday. That is a small drop from 6.86% last week. FHA loans …
6.85% Houston Mortgage Rates Test Summer Homebuyers Read More »
Mortgage Rates Hold Near a Key Level as Home Sales Slow Houston mortgage rates are sitting at a critical point this week. Rates hovered near 6.63% for most of last week. That’s a big deal for home buyers. The housing market tends to slow when rates climb above 6.64%. According to a HousingWire analysis by …
What 6.64% Mortgage Rates Mean for Houston Home Buyers Read More »
Builder Confidence Hits a New Low as Affordability Stays Tough Builder confidence fell again in July. The NAHB/Wells Fargo Housing Market Index dropped 2 points to 34. That marks the 15th straight month below 40. According to a recent report from the NAHB, 37% of builders cut prices in July. That’s up from 35% in …
Houston Becomes a Buyer’s Market as Inventory Surges Read More »
Cooling Inflation Gives Houston Mortgage Rates Some Breathing Room Here’s the news you’ve been waiting for. Inflation finally took a big step back in June. The Consumer Price Index dropped 0.4% last month. That’s the biggest fall since April 2020. Core prices held flat too. That’s a big deal for Houston mortgage rates. The June …
Cooling Inflation Eases Pressure on Houston Mortgage Rates Read More »
Mortgage Rates Climb as Global Tension Impacts Bonds Global events often hit closer to home than we think. Last week, rising tension in the Middle East caused oil prices to jump. This shift pushed bond yields higher as well. New data from Logan Mohtashami at HousingWire shows mortgage rates followed this upward trend. Rates now …
Rising Oil Prices Push Houston Mortgage Rates into New Ranges Read More »
Mortgage Rates Climb as Global Tension Impacts Bonds Global events often hit closer to home than we think. Last week, rising tension in the Middle East caused oil prices to jump. This shift pushed bond yields higher as well. New data from Logan Mohtashami at HousingWire shows mortgage rates followed this upward trend. Rates now …
Rising Oil Prices Push Houston Mortgage Rates into New Ranges Read More »
Record $440,600 Home Price Arrives as Sales Slip in June Existing home sales fell in June. But home prices hit a new all-time peak. The median price reached $440,600 across the U.S. That’s up 1.8% from last year. Sales dropped 2.4% from May. They stayed 2.8% above last June though, according to a new report …
$440,600 Record Price Reshapes the Houston Housing Market Read More »
Gen Z Hits Record Share of Home Purchase Rate Locks Younger buyers are making a bigger splash in the housing market. Gen Z buyers accounted for a record 20% of home purchase rate locks in the second quarter. That’s great news if you’re keeping an eye on mortgage rates Houston has to offer right now. …
6.6% Mortgage Rates Fuel Houston Home Sales as Gen Z Buyers Surge Read More »
