Mortgage rates stage a comeback after months of punishment 🏠💪📉

Flash Market Update

Jun 28, 2026

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MARKET RECAP ⏪
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Bonds navigated the last two weeks with the same stealth and fortitude as oil tankers navigating the Hormuz.

The peace deal at times has looked shaky, including a drone strike by Iran late on Friday, but markets seem determined to stay focused on econ data instead of geopolitics.

Although last week’s Fed meeting left a bruise, mortgage rates have avoided assassination while marching steadily lower since putting in a top on May 19.

Before this week it wasn’t clear if the bond bulls had returned, but with mortgage pricing just 129 bps shy of the February low, yeah… I think they’re back.

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Mortgage rates aren’t the only thing declining; Gold is down 26% from its all-time high.

Meanwhile, Bitcoin looks like it’s seen the Boogeyman, dipping below $60k this week.

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HOT TOPICS 🔥
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Drop a comment with your thoughts on any of these topics (or share your own).

Based on the terms of the peace deal between Iran and the U.S. who do you think won?

Do you believe mortgage rate pricing will get back to the February lows this year?
Is this a Bitcoin buying opportunity or will Saylor’s MSTR and STRC crash the crypto market?

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Thanks for reading…

If you want to shop real-time mortgage rates and get instant qualification results without providing any contact information visit LendZen.com

The below snapshot is just a glimpse of today’s rates, but the pricing you see is exactly what you get - there are no additional lender fees or origination charges.