The Truth About Mortgage https://www.thetruthaboutmortgage.com/ Your guide to a smarter home loan. Thu, 11 Jun 2026 17:33:16 +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 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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]]> https://www.thetruthaboutmortgage.com/can-you-have-two-mortgages-at-the-same-time/feed/ 0 Mortgage Rates Now Facing War and Hot Jobs Headwinds https://www.thetruthaboutmortgage.com/mortgage-rates-now-facing-war-and-hot-jobs-headwinds/ https://www.thetruthaboutmortgage.com/mortgage-rates-now-facing-war-and-hot-jobs-headwinds/#respond Wed, 03 Jun 2026 19:34:58 +0000 https://www.thetruthaboutmortgage.com/?p=42801 I keep warning folks that mortgage rates are going higher, possibly back to the 7% range. And the main reason is because the war in the Middle East is dragging out longer than anticipated. That could lead to even higher oil prices, which already spiked gas prices and are now affecting input costs on virtually… Read More »Mortgage Rates Now Facing War and Hot Jobs Headwinds

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-now-facing-war-and-hot-jobs-headwinds/feed/ 0 A Top-10 Mortgage Lender Has Launched an Athleisure Clothing Line https://www.thetruthaboutmortgage.com/a-top-10-mortgage-lender-has-launched-an-athleisure-clothing-line/ https://www.thetruthaboutmortgage.com/a-top-10-mortgage-lender-has-launched-an-athleisure-clothing-line/#respond Tue, 02 Jun 2026 00:31:36 +0000 https://www.thetruthaboutmortgage.com/?p=42786 This might be one of the strangest things I’ve ever heard come out of the mortgage industry. And the mortgage industry is no stranger to strange things. Chicago-based Rate (formerly known as Guaranteed Rate) has launched RateFit, a so-called “lifestyle brand.” They were the 7th largest mortgage lender in the country last year, but apparently… Read More »A Top-10 Mortgage Lender Has Launched an Athleisure Clothing Line

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]]> https://www.thetruthaboutmortgage.com/a-top-10-mortgage-lender-has-launched-an-athleisure-clothing-line/feed/ 0 Mortgage Rates Back on the Move Higher as U.S.-Iran Talks Stall https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-move-higher-as-u-s-iran-talks-stall/ https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-move-higher-as-u-s-iran-talks-stall/#respond Mon, 01 Jun 2026 16:19:13 +0000 https://www.thetruthaboutmortgage.com/?p=42784 After what was a decent week for mortgage rates, in which they fell back closer to 6.50%, they appear to be on the rise again. The latest driver (surprise, surprise) is tensions in the Middle East and higher oil prices as a result. That pushed 10-bond yields back up about five basis points today, which… Read More »Mortgage Rates Back on the Move Higher as U.S.-Iran Talks Stall

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-move-higher-as-u-s-iran-talks-stall/feed/ 0 Higher Highs for Mortgage Rates Before They Come Down? https://www.thetruthaboutmortgage.com/higher-highs-for-mortgage-rates-before-they-come-down/ https://www.thetruthaboutmortgage.com/higher-highs-for-mortgage-rates-before-they-come-down/#respond Thu, 28 May 2026 18:37:44 +0000 https://www.thetruthaboutmortgage.com/?p=42776 I still get the feeling that mortgage rates are going to go HIGHER before they cool off again. I’m aware there are rumblings of some sort of accord in the Middle East, but I’ve also seen this movie before. It takes time to resolve big, global conflicts, and if Iran opens the Strait of Hormuz,… Read More »Higher Highs for Mortgage Rates Before They Come Down?

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