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June 26, 2026
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June 26, 2026

Inflation Rose, but Mortgage Rates Improved. Here’s What Buyers Should Know.

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Inflation Rose, but Mortgage Rates Improved. Here’s What Buyers Should Know.

A hot inflation report could have pushed mortgage rates higher.

Instead, rates improved.

Inflation rose to its highest level since 2023, but markets were already looking ahead. The report reflected May, when oil was near $100 a barrel. Oil has since fallen below $70, Treasury yields moved lower, and mortgage rates followed.

Why does that matter for homebuyers?

Because rates don’t have to wait for the Fed to act before moving in a better direction. Even a modest improvement can lower a monthly payment, increase purchasing power, or bring a home that felt just out of reach back into the conversation.

New-home sales also fell 7.3% in May, another sign that affordability continues to shape the market. Anyone comparing new construction with resale homes should look at the full picture, including financing options, builder incentives, and total monthly cost.

The perfect market may never arrive, but better opportunities can open quickly.

Know your numbers now, so you’re ready when conditions improve.

Reach out, and we’ll show you what this week’s rate movement could mean for your homebuying plan.

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Source: Keeping Current Matters

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Keeping Current Matters is a trademark of Keeping Current Matters, Inc. CrossCountry Mortgage, LLC; its subsidiaries; and its affiliates have not been authorized, sponsored, or otherwise approved by Keeping Current Matters, Inc. or any of the above-mentioned companies.

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