With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.

Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate cut in July.

While any rate watcher's bingo card should always have a few squares devoted to "unchanged, flat, etc.," this week's had at least as many squares reserved for a big reaction to inflation data.  Specifically,

Inflation has come down in 2025 — but the latest figures are still well above the 2 per cent target and rising

In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.

Inflation is dropping. Will mortgage rates fall, too? While the inflation rate has not yet met the target rate of 2% set by the Fed, the new inflation data shows significant progress.

What's inflation got to do with mortgage rates?? A lot, according to housing market experts. This week's release of the Consumer Price Index for February, which measures changes in the cost of ...

As the housing market continues to evolve in the shadow of persistent inflation and shifting buyer behavior, this week’s economic data provides important clues for both policymakers and home shoppers.