June 19th, 2026 12:29 PM by T. Fanning
Happy Friday! As we close out the week following the Juneteenth holiday, here’s a quick look at the key economic updates and market trends shaping mortgage rates right now.
Mortgage rates moved a little higher this week as investors reacted to the Federal Reserve's latest meeting. In his first meeting as Fed Chair, Kevin Warsh and the Fed decided to leave rates unchanged, but their comments signaled they may keep borrowing costs higher for longer if inflation stays stubborn. That more hawkish message put some upward pressure on mortgage rates, even as economic data showed the economy continues to grow at a steady pace.
The markets are closed today for the Juneteenth holiday and will reopen Monday. Next week starts off quietly, with no major reports on Monday, but things pick up later in the week. The biggest report to watch is Personal Income and Outlays, which includes the PCE inflation data that the Fed follows closely. We'll also see a few Treasury auctions, and with the Fed meeting now behind us, Fed officials will be back in the spotlight as they share their thoughts on the economy and future rate decisions.
Please feel free to contact me if I can provide guidance or assistance to you or someone you know!
For a detailed list of programs we offer, please visit: www.homeloanmortgageco.com/mortgageprograms
Regulated by the Colorado Division of Real Estate
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.