Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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Mortgage Rates Remain Elevated as Cooler Inflation Meets Renewed Oil Risks
In short: Mortgage rates are caught between cooler inflation data and renewed energy risks. Softer June inflation reduced the likelihood of a near-term Federal Reserve rate increase, but higher oil prices are keeping pressure on the inflation outlook and borrowing costs. Mortgage rates remain elevated as inflation relief met renewed energy risks Two opposing forces…
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Zillow: CPI Shelter Forecast, June 2026
Zillow forecasts 3.0% rent inflation, 3.3% OER inflation annually in June, as measured by the Consumer Price Index. The post Zillow: CPI Shelter Forecast, June 2026 appeared first on Zillow Research.
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June 2026 CPI: Soft Inflation Report Beats Expectations, Fed Likely to Remain on Pause but Vigilant in July
June CPI came in soft across the board, beating expectations. Headline inflation fell to 3.5% and core cooled to 2.6%, both better than forecast. Markets slashed the odds of a July rate hike within minutes of the release. But Fed Governor Christopher Waller says one good reading isn’t a trend, and the durability of this…
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Mortgage rates rise to highest level since August 2025
The Freddie Mac 30-year fixed mortgage rate rose 6 basis points this week to 6.55%, its highest level since August 2025, as renewed doubt about a Middle East resolution kept Treasury yields elevated despite an encouraging inflation report.
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Why Aaron Kirman is betting on AI, crypto and new development
Aaron Kirman outlines why he launched Christie’s SoCal in 2022 and how AI, crypto and development units are shaping growth.
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UHM acquires AmeriTrust assets, expands non-QM footprint
Union Home Mortgage Corp. (UHM) has acquired AmeriTrust Mortgage Corp. in an asset deal that closed in 45 days, boosting UHM’s exposure to the nonqualified mortgage (non-QM) market.
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California condo defect liability bill on deck after recess
Coming out of summer recess, California lawmakers will tackle condominium construction defect legislation that has cleared committees and passed one chamber.
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How ROAD aims to boost housing supply and cut red tape
The 21st Century ROAD to Housing Act includes provisions to streamline NEPA reviews, expand factory-built housing and incentivize local pro-supply reforms. Builders say federal action helps, but local zoning and permitting remain the main constraint on new housing.
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Most retirement savers want an ‘easy button’ for planning
A J.P. Morgan survey examines how participants engage with workplace retirement plans across different life stages.
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What the ROAD to Housing Act can — and can’t — do for affordability
Experts who spoke with HousingWire call the legislation a good start but point to other bold measures still needed to tackle affordability.








