https://www.live-feeds.com/feed/mortgage-rates-spike-in-response-to-fedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/mortgage-rates-spike-in-response-to-fedhttps://www.live-feeds.com/feed/mortgage-rates-spike-in-response-to-fed#u9687Tue, 23 Jun 2026 10:21:08 +0000The average 30-year fixed-rate mortgage decreased to 6.47%. Improving retail sales and pending home sales indicate a modest increase in purchase demand. Federal Reserve policy decisions continue to influence mortgage rate movements.What's confirmed:The average 30-year fixed-rate mortgage decreased to 6.47%.Federal Reserve decisions have ripple effects on mortgage rates.Still unconfirmed:Retail sales and pending home sales are improving, suggesting a modest increase in purchase demand. https://www.live-feeds.com/feed/mortgage-rates-spike-in-response-to-fedhttps://www.live-feeds.com/feed/mortgage-rates-spike-in-response-to-fed#u5375Sat, 20 Jun 2026 02:26:35 +0000Mortgage rates fell by June 18, 2026, following an initial surge triggered by a Federal Reserve announcement. A peace deal with Iran and easing Mideast tensions pushed rates lower. The average 30-year mortgage rate reached 6.47% as bond yields declined.What's confirmed:The average 30-year US mortgage rate fell to 6.47%.Kevin Warsh has taken over as the Fed Chair.The Federal Reserve held rates at 3.5% to 3.75%.A peace deal with Iran contributed to lower mortgage rates.Still unconfirmed:The average Fed member expects the Fed Funds rate to be at least 0.25% higher at the end of 2026 than in March