Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=FnuLLccJSLX Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Whats Happening With Mortgage Rates [Ad9iJBvm8b2] Health Updated on August 12, 2026 EDT — Published on August 12, 2026 EDT We lost a little ground last week.📈 Rates ticked up slightly with the 30-year fixed is now at 6.67%, the 15-year at 6.13%, and FHA at 6.18%. Here's what happened: Wednesday's war news pushed rates higher, but Friday's surprise was the jobs report actually moving markets. Employment numbers came in strong which is great for the economy, but not great for mortgage rates. Why? Because strong employment means the Fed is less likely to cut rates, and markets were pricing in those cuts. This week: CPI and PPI data on Wednesday and Thursday could move things. But honestly, we're still watching the war more than anything else. The big question: Does this resolve, or does it drag on and escalate? #mortgagenews #michaelweber #webermortgage #birminghammortgage #mortgagenewsupdates NGRsGqByyQe Amrw8Qczgtn LwCZrNsBrjV 8NjRea7sedK Ogvp1XsLCmO 9M7LdRvyEJA
We lost a little ground last week.📈 Rates ticked up slightly with the 30-year fixed is now at 6.67%, the 15-year at 6.13%, and FHA at 6.18%. Here's what happened: Wednesday's war news pushed rates higher, but Friday's surprise was the jobs report actually moving markets. Employment numbers came in strong which is great for the economy, but not great for mortgage rates. Why? Because strong employment means the Fed is less likely to cut rates, and markets were pricing in those cuts. This week: CPI and PPI data on Wednesday and Thursday could move things. But honestly, we're still watching the war more than anything else. The big question: Does this resolve, or does it drag on and escalate? #mortgagenews #michaelweber #webermortgage #birminghammortgage #mortgagenewsupdates NGRsGqByyQe Amrw8Qczgtn LwCZrNsBrjV 8NjRea7sedK Ogvp1XsLCmO 9M7LdRvyEJA