Mortgage Rates Near 1-Year Highs as Purchase Rates Finally Dip Below Refi Costs
Mortgage rates hover near 12-month peaks on July 14, 2026. Purchase loans edge lower than refinance rates, but market volatility lingers. Key data inside.
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Mortgage rates hover near 12-month peaks on July 14, 2026. Purchase loans edge lower than refinance rates, but market volatility lingers. Key data inside.
Stock market today: Dow, S&P 500, Nasdaq fall on US-Iran escalation, oil surge, and chip stock slump. AI and inflation fears mount ahead of CPI data.
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Mortgage rates hit 6.62% after Fed signals tighter policy, but a potential Iran peace deal could ease inflation and bring rates down in coming weeks.
Mortgage rates fell to their lowest level in a month on June 15, 2026, after the Iran peace deal sparked a bond market rally. Average 30-year fixed rates droppe
US consumer spending fell 1.3% in May while Germany risks recession amid Iran energy shock. Experts warn of negative feedback loop.