Blog Post

July 31, 2026
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July 31, 2026

Inflation Cooled, but Mortgage Rates Didn't Get a Clear Break

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This week brought encouraging economic news, but mortgage rates still didn’t get a clean break. If you’re thinking about buying, here’s why.

The Fed held its benchmark rate steady, and inflation cooled. But renewed conflict overseas kept pressure on oil and treasury yields, limiting how much rates could improve. Meanwhile, the latest reports showed home values continuing to rise modestly, based on data for May.

The goal isn’t to predict the next headline. It’s to know your numbers now, so you can act with confidence when the right home or a better rate window appears.

If buying is on your radar, don’t wait to get started. Reach out today, and we’ll help you review your numbers and map out your next step.

Featuring:

Rate Source: MortgageNewsDaily.com

*The Mortgage News Daily index attempts to capture the most prevalently quoted conventional, FHA, and VA 30-year fixed rates for highly qualified homebuyers that meet the appropriate down payment requirements and have no major loan-level price adjustments.

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

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