Mortgage rates are showing no signs of backing down just yet. As we move through the rest of the year, it looks like rates may hover around 7%, keeping affordability in check for many buyers and investors. Unless inflation cools enough to sway the Fed, we could see borrowing costs remain elevated—or even climb higher if there's another Fed hike or if those mortgage-backed securities (MBS) spreads widen further.
From my vantage here in the Dallas-Fort Worth market, this means today’s rates should be your baseline when you’re planning a home purchase, investment, or refinance. If you’re waiting for a big drop, remember that will likely require sustained progress on inflation, more stable long-term yields, and friendlier signals from the Fed. Until then, I’m here to help you find opportunities that align with your goals, even in a challenging rate environment. Having guided many clients through these kinds of market cycles, I know that thoughtful planning and a keen eye for value are more important than ever.
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