Price Cuts Are at a 4-Year High. So Why Aren’t Homes Selling?
The numbers don’t add up — at least not at first glance. Price cuts on U.S. homes are running at their highest level in four years. Active inventory just crossed 911,000 listings, up more than 5% from a year ago. Sellers are negotiating. And yet the housing market remains essentially frozen. Pending home sales for […]
Mortgage Rates Today, October 26, 2026: Mixed Signals as Conforming Dips but FHA and 15-Year Rise
Mortgage rates posted a mixed picture Friday, with conforming and VA rates inching lower while FHA, USDA, and the 15-year fixed moved higher. The split signals a market in transition — bond yields stabilized heading into the weekend, but not uniformly across all loan types. The 30-year conforming rate slipped to 7.229%, while the VA […]
Mortgage Rates Today, October 23, 2026: Rates Fall Across the Board as Bond Market Eases
Mortgage rates pulled back across the board Friday, with all major loan types posting declines from Thursday’s levels. The broad-based drop offers a welcome reprieve for buyers who have been navigating elevated rates throughout October. The 30-year conforming rate fell more than 5 basis points to 7.251%, while FHA borrowers saw an even larger improvement, […]
Mortgage Rates Today, October 22, 2026: Jumbo Rates Surge While Conforming Edges Lower
Mortgage rates split in two directions Wednesday, with conforming loan rates ticking slightly lower while jumbo rates posted one of their sharpest single-day increases of the year. The divergence signals growing stress in the high-end housing market even as everyday buyers see a modest reprieve. Today’s headline: Jumbo mortgage rates jumped 28 basis points to […]
Should You Wait for Mortgage Rates to Drop? Here’s What the Fed Is Actually Saying
Today’s Mortgage Rates — October 21, 2026 Source: Optimal Blue OBMMI™ · Updated Oct 21, 7:23 PM 30-Year Fixed (Conforming): 7.33% 15-Year Conforming: 6.52% ▲ 0.01 30-Year FHA: 7.14% ▲ 0.01 30-Year VA: 6.95% ▲ 0.01 30-Year Jumbo: 7.33% ▼ 0.18 It’s the question every buyer and homeowner asks when rates are above 7%: should […]