The Truth About Mortgage https://www.thetruthaboutmortgage.com/ Your guide to a smarter home loan. Thu, 25 Jun 2026 16:57:15 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.thetruthaboutmortgage.com/wp-content/uploads/2023/02/cropped-TTAM-min-32x32.png The Truth About Mortgage https://www.thetruthaboutmortgage.com/ 32 32 Are Mortgage Rates Finally Poised to Start Falling Again? https://www.thetruthaboutmortgage.com/are-mortgage-rates-finally-poised-to-start-falling-again/ https://www.thetruthaboutmortgage.com/are-mortgage-rates-finally-poised-to-start-falling-again/#respond Thu, 25 Jun 2026 16:57:13 +0000 https://www.thetruthaboutmortgage.com/?p=42869 A while back I noted that mortgage rates were trending higher. This was after a long period of trending lower. It was effectively a switch in direction. And a notable one because we were seeing lower and lower interest rates before an abrupt shift higher, driven by the unexpected strikes in the Middle East. Now… Read More »Are Mortgage Rates Finally Poised to Start Falling Again?

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]]> https://www.thetruthaboutmortgage.com/are-mortgage-rates-finally-poised-to-start-falling-again/feed/ 0 Mortgage Rates Are Having a Good Day as Oil Prices Fall to Pre-War Levels https://www.thetruthaboutmortgage.com/mortgage-rates-are-having-a-good-day-as-oil-prices-fall-to-pre-war-levels/ https://www.thetruthaboutmortgage.com/mortgage-rates-are-having-a-good-day-as-oil-prices-fall-to-pre-war-levels/#respond Wed, 24 Jun 2026 18:08:05 +0000 https://www.thetruthaboutmortgage.com/?p=42866 Maybe the reopening of the Strait of Hormuz is the ticket to lower mortgage rates. After all, that is essentially what caused them to jump about 75 basis points since the end of February. There was really no other explanation for the abrupt rise in mortgage rates over the past few months. So if we’re… Read More »Mortgage Rates Are Having a Good Day as Oil Prices Fall to Pre-War Levels

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-are-having-a-good-day-as-oil-prices-fall-to-pre-war-levels/feed/ 0 You Can Still Get a Sub-6% Mortgage Rate, But Is It Worth It? https://www.thetruthaboutmortgage.com/you-can-still-get-a-sub-6-mortgage-rate-but-is-it-worth-it/ https://www.thetruthaboutmortgage.com/you-can-still-get-a-sub-6-mortgage-rate-but-is-it-worth-it/#respond Tue, 23 Jun 2026 16:53:19 +0000 https://www.thetruthaboutmortgage.com/?p=42862 I’ve seen a lot of articles lately talking about how you can still get a sub-6% mortgage rate, despite the recent uptick. We had 5% mortgage rates as recently as early March, but then they climbed back above 6.5% due to the conflict with Iran. They’ve kind of been stuck there ever since and even… Read More »You Can Still Get a Sub-6% Mortgage Rate, But Is It Worth It?

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]]> https://www.thetruthaboutmortgage.com/you-can-still-get-a-sub-6-mortgage-rate-but-is-it-worth-it/feed/ 0 Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover https://www.thetruthaboutmortgage.com/mortgage-rates-dip-on-peace-deal-but-may-take-time-to-fully-recover/ https://www.thetruthaboutmortgage.com/mortgage-rates-dip-on-peace-deal-but-may-take-time-to-fully-recover/#respond Mon, 15 Jun 2026 18:24:01 +0000 https://www.thetruthaboutmortgage.com/?p=42856 Mortgage rates got a little boost today thanks to an apparent peace deal between the U.S. and Iran. However, the 30-year fixed remains well above the average seen before the war began a few months ago. At last glance, it was still priced about 5/8 higher than where it stood at the very end of… Read More »Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-dip-on-peace-deal-but-may-take-time-to-fully-recover/feed/ 0 Reuters Poll Says 30-Year Fixed Mortgage to Remain Above 6% Through 2028 https://www.thetruthaboutmortgage.com/reuters-poll-says-30-year-fixed-mortgage-to-remain-above-6-through-2028/ https://www.thetruthaboutmortgage.com/reuters-poll-says-30-year-fixed-mortgage-to-remain-above-6-through-2028/#respond Thu, 11 Jun 2026 17:33:15 +0000 https://www.thetruthaboutmortgage.com/?p=42853 A new Reuters poll conducted between June 1st and June 11th revealed that housing experts expect elevated mortgage rates through at least 2028. The survey found that the median forecast for the popular loan type is 6.4% for the third quarter of this year and 6.3% for the fourth quarter. So those looking for any… Read More »Reuters Poll Says 30-Year Fixed Mortgage to Remain Above 6% Through 2028

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]]> https://www.thetruthaboutmortgage.com/reuters-poll-says-30-year-fixed-mortgage-to-remain-above-6-through-2028/feed/ 0 Mortgage Rates Hold Steady Despite Worst Inflation Since 2023 https://www.thetruthaboutmortgage.com/mortgage-rates-hold-steady-despite-worst-inflation-since-2023/ https://www.thetruthaboutmortgage.com/mortgage-rates-hold-steady-despite-worst-inflation-since-2023/#respond Wed, 10 Jun 2026 14:55:24 +0000 https://www.thetruthaboutmortgage.com/?p=42837 It feels like we’re repeating history, and not the pleasant kind. Inflation readings came in at their worst since 2023, which incidentally was when the 30-year fixed seemed to peak this cycle around 8%. But this time around, mortgage rates are holding steady, seemingly undeterred by the rapid price increases. As for why, it might… Read More »Mortgage Rates Hold Steady Despite Worst Inflation Since 2023

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-hold-steady-despite-worst-inflation-since-2023/feed/ 0 Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4% https://www.thetruthaboutmortgage.com/total-interest-exceeds-your-home-price-once-mortgage-rates-exceed-6-4/ https://www.thetruthaboutmortgage.com/total-interest-exceeds-your-home-price-once-mortgage-rates-exceed-6-4/#respond Tue, 09 Jun 2026 17:02:04 +0000 https://www.thetruthaboutmortgage.com/?p=42831 With mortgage rates above 6.50% these days, the average home buyer today actually pays more in interest than the purchase price. For example, a $400,000 home with 20% down and a 6.5% interest rate equates to $408,000 in total interest over 30 years. And that’s if you put down 20%. Many home buyers do not… Read More »Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%

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]]> https://www.thetruthaboutmortgage.com/total-interest-exceeds-your-home-price-once-mortgage-rates-exceed-6-4/feed/ 0 Did Everyone Forget Mortgage Rates Were 2-3% Back in 2012 Too? https://www.thetruthaboutmortgage.com/did-everyone-forget-mortgage-rates-were-2-3-back-in-2012-too/ https://www.thetruthaboutmortgage.com/did-everyone-forget-mortgage-rates-were-2-3-back-in-2012-too/#respond Mon, 08 Jun 2026 18:23:57 +0000 https://www.thetruthaboutmortgage.com/?p=42825 I was on LinkedIn the other day and came across a post featuring a mortgage rate history chart with rates for each year. It started with 1975, when the 30-year fixed apparently averaged 9.0%, 1980 when it was supposedly 14.4%, and 2015 when it was 4.0%. For whatever reason they skipped a lot of years… Read More »Did Everyone Forget Mortgage Rates Were 2-3% Back in 2012 Too?

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]]> https://www.thetruthaboutmortgage.com/did-everyone-forget-mortgage-rates-were-2-3-back-in-2012-too/feed/ 0 Mortgage Rates Now Face a Triple Threat https://www.thetruthaboutmortgage.com/mortgage-rates-now-face-a-triple-threat/ https://www.thetruthaboutmortgage.com/mortgage-rates-now-face-a-triple-threat/#respond Fri, 05 Jun 2026 16:22:01 +0000 https://www.thetruthaboutmortgage.com/?p=42815 The conflict in Iran was arguably bad enough for mortgage rates. It sent them from the best levels since mid-2022 right back toward the high 6s again. To make matters worse, we’ve gotten a series of hot jobs reports too, including today’s BLS report beat. But that’s not all; a third threat is convexity hedging,… Read More »Mortgage Rates Now Face a Triple Threat

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-now-face-a-triple-threat/feed/ 0 Can You Have Two Mortgages at the Same Time? https://www.thetruthaboutmortgage.com/can-you-have-two-mortgages-at-the-same-time/ https://www.thetruthaboutmortgage.com/can-you-have-two-mortgages-at-the-same-time/#respond Thu, 04 Jun 2026 15:38:52 +0000 https://www.thetruthaboutmortgage.com/?p=42806 It’s time for some more mortgage Q&A: “Can you have two mortgages at the same time?” This question came up recently and despite all the content on my site, it’s something I’ve never explicitly addressed. So let’s talk about it! In short, yes, you can two mortgages at the same time, or even three depending… Read More »Can You Have Two Mortgages at the Same Time?

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