The latest home price data highlights the value of homeownership. Meanwhile, January’s wholesale inflation surprised to the upside, and unemployment filings don’t tell the full story of the labor market.

War is hell, and it’s also inflationary. That’s why the attack on Iran has led bond yields (and mortgage rates) to jump. The market is particularly worried about the impact of energy prices on US inflation. And the Fed will be less likely to cut rates if a prolonged war sends CPI higher. The good news is that mortgage rates are (so far) still in the low 6% range.

The MBS Highway National Housing Index jumped in February 2026, rising 9 points from January to 43. A year ago, the index stood at 41. Lower mortgage rates and improved affordability are boosting the normal seasonal upswing.

Many buyers are delaying their home purchase, hoping mortgage rates will come down. That sounds logical, but waiting could cost you more than you expect.

A low mortgage rate is great – but it’s only part of the picture. Higher-interest debt elsewhere could be costing you more than you realize.

MBS Highway is excited to announce our new Strike Rate tool, which was designed to help our subscribers capture more refinance opportunities that are sitting right in their pipeline – immediately as they become available.