Mortgage Rates: Good News, Bad News & the $84K Number Every Renter Needs to Hear | June 2026 [SOeDjhIMD9Y]
Your weekly mortgage market update for June 1, 2026 — in plain English, no finance degree required. This week: rates dropped to a 2-week low. Then the weekend happened. Iran walked away from peace negotiations, oil jumped 5%, and the 10-year Treasury pushed back above 4.50%. Jerome Powell warned the Fed is under its biggest political pressure ever. And consumer delinquencies are flashing red. But the long-term picture? Fannie Mae's top economists are projecting 14% home price growth over the next 5 years. On a $600,000 home — that's $84,000 in equity. I break all of it down in plain English so you can make smart decisions about buying, waiting, or refinancing. 📲 Questions about your specific situation? Drop MARKET in the comments — I'll reach out personally. 🔔 Subscribe for weekly mortgage market updates every Monday. —————————————— Craig LaBruno | The Impact Lender 📍 New Jersey | Serving buyers nationwide 📞 732-724-1211 🌐 theimpactlendingteam.com NMLS #242811 | Guaranteed Rate Inc. | Equal Housing Lender —————————————— **CHAPTERS:** 0:00 Good news on rates 0:14 Then the weekend happened 0:32 The Fed's biggest stress test 0:50 Consumer warning signs 1:02 The $84,000 number 1:15 What to watch this week 1:22 How to get your real numbers