{"id":724001,"date":"2026-06-24T23:17:11","date_gmt":"2026-06-24T23:17:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/724001\/"},"modified":"2026-06-24T23:17:11","modified_gmt":"2026-06-24T23:17:11","slug":"mortgage-rates-quickly-approaching-1-month-lows","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/724001\/","title":{"rendered":"Mortgage Rates Quickly Approaching 1-Month Lows"},"content":{"rendered":"<p>Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading&#8211;likely a result of large-scale quarter-end rebalancing among the largest money managers (i.e. adjusting balance of stocks vs bonds in investment portfolios). Excess demand for bonds = lower rates, all else equal.<\/p>\n<p>It also hasn&#8217;t hurt that oil prices continue declining as bond demand has frequently benefited from the lower implied inflation.<\/p>\n<p>The average top-tier 30yr fixed rate fell 0.10% to 6.55&#8211;just a hair above June 16th levels of 6.54%. Before that, you&#8217;d have to go back to May 14th to see anything lower.\u00a0<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading&#8211;likely a result&hellip;\n","protected":false},"author":2,"featured_media":724002,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-724001","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/724001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=724001"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/724001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/724002"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=724001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=724001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=724001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}