The Truth About Mortgage

If Bond Yields Are at 52-Week Highs, Why Aren’t Mortgage Rates?

Colin Robertson — Tue, 19 May 2026 17:02:26 +0000

It’s been a very bad month for mortgage rates, yet they remain below year-ago levels. And by some margin too. Had this been last year, we’d be staring at a 7-handle 30-year fixed. Instead, the 30-year fixed is hovering around 6.75%. Sure, it’s still not great news, but it tells you that conditions are a… Read More »If Bond Yields Are at 52-Week Highs, Why Aren’t Mortgage Rates?

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Mortgage Rates Under Pressure as Bond Yields Hit 52-Week Highs

Colin Robertson — Mon, 18 May 2026 17:20:01 +0000

Just days after mortgage rates hit fresh 52-week highs, bond yields also reached their highest point in over a year. The 10-year bond yield, which serves a bellwether for consumer mortgage rates, climbed above 4.60% late Sunday evening on renewed inflation concerns related to the ongoing conflict in the Middle East. The more time that… Read More »Mortgage Rates Under Pressure as Bond Yields Hit 52-Week Highs

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Mortgage Rates Hit New 2026 Highs

Colin Robertson — Fri, 15 May 2026 15:52:55 +0000

Welp, I’ve been warning folks for a while now and here we are. New 2026 highs for the 30-year fixed. Sooner or later, the protracted Iranian conflict was going to catch up to us. You can’t have $100 a barrel oil and not expect inflation to rise, which translates to higher bond yields and mortgage… Read More »Mortgage Rates Hit New 2026 Highs

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No, Kevin Warsh Isn’t Coming to Save Mortgage Rates

Colin Robertson — Thu, 14 May 2026 16:28:04 +0000

New Fed chair Kevin Warsh narrowly got confirmed via a 54-45 vote Wednesday, leading to what many hope will be lower mortgage rates, somehow, someway. He replaces vilified ex-chair Jerome Powell, who was repeatedly attacked by President Trump for not cutting rates more or nearly fast enough. During Powell’s reign, the Fed raised rates 11… Read More »No, Kevin Warsh Isn’t Coming to Save Mortgage Rates

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Most Home Sellers Are Also Home Buyers: Why That’s a Problem Today

Colin Robertson — Wed, 13 May 2026 17:06:16 +0000

They say most home sellers are also home buyers. In other words, they aren’t just selling their property and disappearing into thin air. Nor are they typically renting either. Often, they are selling one home and purchasing a replacement. As such, there’s no inventory gain. There is no benefit to the housing market other than… Read More »Most Home Sellers Are Also Home Buyers: Why That’s a Problem Today

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An Adjustable-Rate Mortgage Strategy to Offset Risk

Colin Robertson — Tue, 12 May 2026 17:35:03 +0000

With fixed mortgage rates still quite high compared to recent years, and ARMs finally providing a decent discount, you might be starting to look beyond the 30-year fixed. The problem though is you’re probably still concerned that interest rates could skyrocket and that your ARM will adjust way higher in the future. That’s always a… Read More »An Adjustable-Rate Mortgage Strategy to Offset Risk

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Mortgage Rates Doing What They Do Best in May: Rise

Colin Robertson — Mon, 11 May 2026 19:15:08 +0000

Welp, the month of May is fully in swing and mortgage rates are doing what they normally do; go up! Despite spring being peak home buying season, mortgage rates are often the most expensive during this time of the year. This is historically speaking and can vary from year to year, but so far it’s… Read More »Mortgage Rates Doing What They Do Best in May: Rise

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Two Reasons Mortgage Rates Aren’t Rising Despite Hot Jobs and Expensive Oil

Colin Robertson — Fri, 08 May 2026 16:55:59 +0000

You would think with oil remaining around $100 per barrel and yet another jobs report beat that we’d have higher mortgage rates. Instead, they’re continuing to fall and extending a nice little rally this week. It seems odd on the surface as both inflation from higher oil prices and hot jobs tend to lead to… Read More »Two Reasons Mortgage Rates Aren’t Rising Despite Hot Jobs and Expensive Oil

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Mortgage Rate Rally Already Running Out of Steam?

Colin Robertson — Thu, 07 May 2026 18:55:50 +0000

It appears the mortgage rate rally of the past couple days is running on fumes. I was skeptical of it to begin with, given it was mostly based on a single article claiming we were close to a peace deal. That led to a big drop in oil prices and corresponding drop in bond yields,… Read More »Mortgage Rate Rally Already Running Out of Steam?

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Mortgage Rates Are Lower Today, But Should They Be?

Colin Robertson — Wed, 06 May 2026 17:06:37 +0000

There was yet another twist in the ongoing conflict in the Middle East today. Renewed hope of a deal after President Trump said, “Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran.” That was yesterday afternoon though, and his latest Truth Social post carried a much different tone. In… Read More »Mortgage Rates Are Lower Today, But Should They Be?

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