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Interest Rates 14 May 2026 - 16 June 2026

Mortgage Rates Hit One-Month Low as Iran Deal Shifts Fed and UK Rate Outlook

Mortgage Rates Hit One-Month Low as Iran Deal Shifts Fed and UK Rate Outlook

U.S. mortgage rates moved lower Monday after bond markets reacted to a tentative U.S.-Iran agreement that could reopen the Strait of Hormuz and ease pressure on oil prices. Mortgage News Daily’s daily index put the average 30-year fixed rate at 6.56%, down 0.02 percentage point on the day and equal to the most recent low from May 29. Matthew Graham wrote that rates are “in solid shape in the context of the last month,” but still remain in an elevated range.
Stocks Climb as Rate-Hike Odds Ease Ahead of Warsh’s Fed Debut

Stocks Climb as Rate-Hike Odds Ease Ahead of Warsh’s Fed Debut

Wall Street futures climbed early Monday, with investors shrugging off last week’s inflation concerns and focusing on the Fed’s June meeting, the first led by Chair Kevin Warsh. Dow futures added 0.94%, S&P 500 futures moved up 1.29%, and Nasdaq 100 futures gained 2.2%. Markets got a lift after Washington and Tehran reached a preliminary deal to end the Iran war and reopen the Strait of Hormuz. Crude fell more than 4%, hitting a three-month low. That puts pressure off equities—as lower oil can take some heat out of inflation, ease bond yields, and help lift growth stock valuations.
Bank of Canada Keeps Rate at 2.25%, Balancing Inflation and Slower Growth

Bank of Canada Keeps Rate at 2.25%, Balancing Inflation and Slower Growth

Bank of Canada holds key rate at 2.25%, pauses again The Bank of Canada on Wednesday left its main interest rate at 2.25%. Policymakers decided to stay put as they watch weak growth at home and inflation from higher energy costs. The Bank Rate remains at 2.5% and the deposit rate stays at 2.20%. The central bank has now kept rates unchanged since its last move, a cut in October 2025.
SoFi stock falls as U.S. inflation brings back rate-hike talk for high-growth fintechs

SoFi stock falls as U.S. inflation brings back rate-hike talk for high-growth fintechs

SoFi Technologies dropped more than the overall market on Wednesday, finishing at $15.87, a loss of 60 cents. Investors rotated out of higher-volatility growth stocks after another hot inflation report kept the odds of more rate hikes on the table. Tuesday’s close hadn’t been hit by earnings news. It was the outlook on rates that shifted: Reuters said markets were now pricing in at least a 25-basis-point hike before year-end. A basis point equals one-hundredth of a percentage point.
Mortgage Rates Fall but Buyers Still Face Pressure

Mortgage Rates Fall but Buyers Still Face Pressure

U.S. mortgage rates ticked down after hitting a nine-month high, giving homebuyers some relief, but daily measures still show rates holding in the mid-6% area as markets weighed solid jobs numbers and new Middle East tensions. Freddie Mac reported the average 30-year fixed mortgage at 6.48% for the week ended June 4, down from 6.53% the prior week. Chief economist Sam Khater said affordability is “marginally improving.”
Mortgage Rates Fell. The 6.5% Trap Didn’t.

Mortgage Rates Fell. The 6.5% Trap Didn’t.

U.S. mortgage rates eased from a nine-month high this week, giving homebuyers a small break but leaving borrowing costs near the level that has stalled much of the housing market. Freddie Mac said the average rate on a 30-year fixed-rate mortgage — a home loan whose interest rate stays the same for 30 years — fell to 6.48% as of June 4 from 6.53% a week earlier.
Dow slips in New York after jobs data boosts rate-hike talk

Dow slips in New York after jobs data boosts rate-hike talk

Dow slips as jobs data lifts yields The Dow Jones Industrial Average traded lower Friday morning, giving up some of Thursday’s big move. A stronger U.S. jobs reading sent bond yields higher, and investors kept away from stocks seen as sensitive to easy Fed policy. The Dow stood at 51,452.31, down 109.62 points, or 0.21%, at 10:33 a.m. EDT, after ranging between 51,357.52 and 51,660.40.
FTSE 100 Today: BP Rally Lifts UK Stocks as Barclays and Taylor Wimpey Fall

UK stocks steady as rate fears ease, but FTSE 100 faces Iran, retail in coming week

UK stocks start a holiday-shortened week after the FTSE 100 ended its four-week losing streak. London’s main index closed up 0.22% on Friday and added 2.66% over the week as traders backed off from expecting a near-term Bank of England rate hike. “The backdrop was much less conducive to a long-lasting bout of inflation than it was in 2022,” said Ruth Gregory, deputy chief UK economist at Capital Economics.
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