Everything That Moved Mortgage Rates This Week | June 2026 Market Update [JuMYGxk76t8]
This week in the mortgage and housing market was one of the most eventful of 2026. Here's the full breakdown — jobs report, Iran conflict, CPI inflation, home sales surge, and what the Fed is likely to do next. 📊 What happened this week: — May Jobs Report: 172K added vs ~85K expected — US-Iran ceasefire collapsed; oil hit $95/barrel — Existing home sales surged 3.2% (fastest since December) — First-time buyers hit 35% of all sales — highest since June 2020 — CPI came in with core better than expected — 30-year fixed rates hovering at ~6.6% — 72/102 economists: no Fed rate cuts rest of 2026 — Median home price: $429,300 — all-time record for May 🔎 What to watch next week: Federal Reserve meeting — Kevin Warsh's first as Chair. No cut expected, but his commentary on the path forward will move markets. 👇 If you're trying to buy a home in New Jersey or want to know what your options look like right now, drop a comment or visit the link in my bio. 🔔 Subscribe for weekly mortgage market updates — every week, plain English. —————————————————————— Craig LaBruno | The Impact Lender 📞 732-724-1211 🌐 theimpactlendingteam.com 📍 Guaranteed Rate Inc. | NMLS #242811 | Equal Housing Lender ——————————————————————