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Mortgage Rates Dip Slightly But Still High | Global News
- Published
- August 14, 2026
- Duration
- 1:40
- Summary source
- description
- Last updated
- Aug 16, 2026
Discusses daily.
Summary
Mortgage rates dipped slightly to 6.67%—a small win after six weeks of steady climbs—but still remain higher than last year’s 6.58%, adding hundreds more per month for buyers. That’s why home sales are slowing: higher borrowing costs mean fewer people can afford to buy. Both 30-year and 15-year rates edged down, but inflation and Fed policy keep pressure …
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Show notes
Mortgage rates dipped slightly to 6.67%—a small win after six weeks of steady climbs—but still remain higher than last year’s 6.58%, adding hundreds more per month for buyers. That’s why home sales are slowing: higher borrowing costs mean fewer people can afford to buy. Both 30-year and 15-year rates edged down, but inflation and Fed policy keep pressure on prices. If inflation cools, the Fed may pause hikes—and that could finally ease the squeeze on homeownership. Listen in comfort:Get a discou
Themes
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