The Truth About Mortgage https://www.thetruthaboutmortgage.com/ Your guide to a smarter home loan. Thu, 17 Sep 2026 16:10:19 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://www.thetruthaboutmortgage.com/wp-content/uploads/2023/02/cropped-TTAM-min-32x32.png The Truth About Mortgage https://www.thetruthaboutmortgage.com/ 32 32 Maybe Mortgage Rates Did Like the Fed Rate Hike After All https://www.thetruthaboutmortgage.com/maybe-mortgage-rates-did-like-the-fed-rate-hike-after-all/ https://www.thetruthaboutmortgage.com/maybe-mortgage-rates-did-like-the-fed-rate-hike-after-all/#respond Thu, 17 Sep 2026 16:10:12 +0000 https://www.thetruthaboutmortgage.com/?p=43169 Mortgage rates are lower today after the market finally digested the first Fed rate hike since 2023. The Federal Reserve hiked its short-term rate 0.25% yesterday, leading to a temporary drop in mortgage rates, followed by a snap back higher. That had a lot of folks fearing for the worst, but today it’s a different… Read More »Maybe Mortgage Rates Did Like the Fed Rate Hike After All

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]]> https://www.thetruthaboutmortgage.com/maybe-mortgage-rates-did-like-the-fed-rate-hike-after-all/feed/ 0 What Will Today’s Fed Rate Hike Mean for Mortgage Rates? https://www.thetruthaboutmortgage.com/what-will-todays-fed-rate-hike-mean-for-mortgage-rates/ https://www.thetruthaboutmortgage.com/what-will-todays-fed-rate-hike-mean-for-mortgage-rates/#respond Wed, 16 Sep 2026 17:06:04 +0000 https://www.thetruthaboutmortgage.com/?p=43164 The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like that so a ¼-point hike should be delivered as expected. The impact on mortgage rates is less certain, as it always is… Read More »What Will Today’s Fed Rate Hike Mean for Mortgage Rates?

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]]> https://www.thetruthaboutmortgage.com/what-will-todays-fed-rate-hike-mean-for-mortgage-rates/feed/ 0 Is Chase’s Mortgage Rate Sale a Good Bet on Lower Interest Rates in the Near Future? https://www.thetruthaboutmortgage.com/is-chases-mortgage-rate-sale-a-good-bet-on-lower-interest-rates-in-the-near-future/ https://www.thetruthaboutmortgage.com/is-chases-mortgage-rate-sale-a-good-bet-on-lower-interest-rates-in-the-near-future/#respond Tue, 15 Sep 2026 16:08:35 +0000 https://www.thetruthaboutmortgage.com/?p=43153 Chase is back with another mortgage rate sale, something they’ve done several times over the past couple years. They don’t advertise the exact amount of the discount, but common knowledge says it’s 25 basis points (0.25%). So if the hypothetical rate offered were 7.125%, perhaps you can get a rate of 6.875% instead. That sounds… Read More »Is Chase’s Mortgage Rate Sale a Good Bet on Lower Interest Rates in the Near Future?

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]]> https://www.thetruthaboutmortgage.com/is-chases-mortgage-rate-sale-a-good-bet-on-lower-interest-rates-in-the-near-future/feed/ 0 Mortgage Rates Are Now 1% Higher Than They Were a Year Ago https://www.thetruthaboutmortgage.com/mortgage-rates-are-now-1-higher-than-they-were-a-year-ago/ https://www.thetruthaboutmortgage.com/mortgage-rates-are-now-1-higher-than-they-were-a-year-ago/#respond Mon, 14 Sep 2026 16:39:28 +0000 https://www.thetruthaboutmortgage.com/?p=43150 If you asked someone a year ago where mortgage rates would be today, my guess is they wouldn’t say one full percentage point higher. Yet here we are, with the 30-year fixed now almost exactly 100 basis points (1.00%) higher than it was last September. Today, prospective home buyers are facing a rate of about… Read More »Mortgage Rates Are Now 1% Higher Than They Were a Year Ago

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-are-now-1-higher-than-they-were-a-year-ago/feed/ 0 Welcome Back 7% Mortgage Rates https://www.thetruthaboutmortgage.com/7-percent-mortgage-rates-back-again/ https://www.thetruthaboutmortgage.com/7-percent-mortgage-rates-back-again/#respond Thu, 10 Sep 2026 15:54:20 +0000 https://www.thetruthaboutmortgage.com/?p=43145 It seemed inevitable that mortgage rates would rise back to 7%. Ever since the war broke out at the end of February, the pressure was on. The saving grace was that some sort of peace deal would come, and that it’d all be short-lived. Fast forward seven months and things appear to be worse than… Read More »Welcome Back 7% Mortgage Rates

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]]> https://www.thetruthaboutmortgage.com/7-percent-mortgage-rates-back-again/feed/ 0 President Trump, Who Campaigned on Bringing Back 2% Mortgage Rates, Faces 7% Rates as Midterms Approach https://www.thetruthaboutmortgage.com/president-trump-who-campaigned-on-bringing-back-2-mortgage-rates-faces-7-rates-as-midterms-approach/ https://www.thetruthaboutmortgage.com/president-trump-who-campaigned-on-bringing-back-2-mortgage-rates-faces-7-rates-as-midterms-approach/#respond Wed, 09 Sep 2026 15:45:21 +0000 https://www.thetruthaboutmortgage.com/?p=43142 What was once going well isn’t going so well today. I’m talking about mortgage rates, which had been at their best levels in years this spring. But are now around the highest levels since President Trump came into office in early 2025. While it’s not necessarily a President’s job to keep mortgage rates cheap, Trump… Read More »President Trump, Who Campaigned on Bringing Back 2% Mortgage Rates, Faces 7% Rates as Midterms Approach

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]]> https://www.thetruthaboutmortgage.com/president-trump-who-campaigned-on-bringing-back-2-mortgage-rates-faces-7-rates-as-midterms-approach/feed/ 0 Two Big Inflation Reports Could Push Mortgage Rates Back to 7% This Week https://www.thetruthaboutmortgage.com/two-big-inflation-reports-could-push-mortgage-rates-back-to-7-this-week/ https://www.thetruthaboutmortgage.com/two-big-inflation-reports-could-push-mortgage-rates-back-to-7-this-week/#respond Tue, 08 Sep 2026 17:16:49 +0000 https://www.thetruthaboutmortgage.com/?p=43139 Mortgage rates have already had a rough couple of weeks. But it could get even worse if a pair of inflation reports come in hot later this week. We’ve got both the Producer Price Index (PPI) and Consumer Price Index (CPI) being released this week, with the potential to make or break a Fed rate… Read More »Two Big Inflation Reports Could Push Mortgage Rates Back to 7% This Week

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]]> https://www.thetruthaboutmortgage.com/two-big-inflation-reports-could-push-mortgage-rates-back-to-7-this-week/feed/ 0 No Relief for Mortgage Rates as August Jobs Report Comes in Hot https://www.thetruthaboutmortgage.com/no-relief-for-mortgage-rates-as-august-jobs-report-comes-in-hot/ https://www.thetruthaboutmortgage.com/no-relief-for-mortgage-rates-as-august-jobs-report-comes-in-hot/#respond Fri, 04 Sep 2026 14:57:46 +0000 https://www.thetruthaboutmortgage.com/?p=43133 Any hope of a trend reversal for mortgage rates seems to be DOA. A cooler-than-expected jobs report this morning could have taken the pressure off. But instead, it came in well above expectations, piling even more pain onto interest rates. It also increased the odds of a September Fed rate hike to over 60%. Perhaps… Read More »No Relief for Mortgage Rates as August Jobs Report Comes in Hot

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]]> https://www.thetruthaboutmortgage.com/no-relief-for-mortgage-rates-as-august-jobs-report-comes-in-hot/feed/ 0 Mortgage Rates Are at New 2026 Highs, But There’s a But https://www.thetruthaboutmortgage.com/mortgage-rates-are-at-new-2026-highs-but-theres-a-but/ https://www.thetruthaboutmortgage.com/mortgage-rates-are-at-new-2026-highs-but-theres-a-but/#respond Wed, 02 Sep 2026 16:14:39 +0000 https://www.thetruthaboutmortgage.com/?p=43112 You’ve probably heard that mortgage rates hit a new 2026 high. That’s true. The 30-year fixed climbed to 6.89%, per the latest daily rate update from Mortgage News Daily. It is indeed the highest point of 2026, and the highest point in over 52 weeks as well. The last time the 30-year fixed was this… Read More »Mortgage Rates Are at New 2026 Highs, But There’s a But

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-are-at-new-2026-highs-but-theres-a-but/feed/ 0 Mortgage Rates Higher Thanks to First Military Strikes in a Month https://www.thetruthaboutmortgage.com/mortgage-rates-higher-thanks-to-first-military-strikes-in-a-month/ https://www.thetruthaboutmortgage.com/mortgage-rates-higher-thanks-to-first-military-strikes-in-a-month/#respond Mon, 31 Aug 2026 17:25:13 +0000 https://www.thetruthaboutmortgage.com/?p=43094 Just days after the big Jackson Hole Fed event, mortgage rates are under pressure for other reasons. The reason? The ongoing conflict in the Middle East, which had been quiet for about a month until last night. The U.S. and Iran reportedly exchanged missiles for the first time since late July, sending oil prices, bond… Read More »Mortgage Rates Higher Thanks to First Military Strikes in a Month

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