05/28/2026
📈 What’s Going On With Interest Rates?
If you’ve been keeping an eye on the housing market, you probably noticed mortgage rates just hit their highest point of the year, climbing above 6.65%.
Here is a quick breakdown of what’s driving the market right now and what it means for you:
💼 The Bond Market Effect
Our recent rate adjustment is heavily driven by shifting trends in the bond market. When the bond market reacts, mortgage lenders and banks adjust their predictions and rates accordingly.
🏛️ What’s Next for the Fed?
All eyes are on the upcoming Federal Reserve meeting this June. Right now, there is a 70% chance that the Fed will opt to hold interest rates steady where they are.
🔮 The Silver Lining
While a pause is likely, a drop in rates would be the real catalyst the market needs. Lower rates would:
- Spark fresh activity in both the real estate market and the broader economy.
- Boost overall market confidence.
- Improve the bond market, potentially pulling interest rates back down into the 6% range—or even back to the high 5s we saw in February.
What are your thoughts? Are you waiting out the current rates, or are you ready to make a move regardless of the market shifts? Let’s chat in the comments! 👇