The Federal Reserve Guessing Game

Posted: July 10, 2026 | Source: www.floridarealtors.org

The Federal Reserve’s future action becomes more difficult to forecast with conflicting economic reports. With the June jobs report much lower than expected and inflation a huge concern, prospective home buyers are keeping an eye on how new economic data might affect mortgage rates. This week, mortgage rates increased to 6.49%, and the Federal Reserve’s decision-making becomes more difficult. Most Fed observers believe that central bankers won’t raise borrowing rates until at least September.