June hiring came in below expectations, while home prices continued to move higher with another month of solid gains.

Many homebuyers assume a recent job change will hurt their mortgage chances, but that's not always the case.

The MBS Highway National Housing Index fell 9 points in June 2026, dropping from 47 in May to 38. Buyer activity declined sharply from the previous month, while price direction reversed its slow but steady climb.

As new home construction slows and inventory remains tight, buyers may have a window of opportunity before increased demand returns to the market.

With the US/Iran peace process underway, oil prices have fallen back to pre-war levels, but mortgage rates remain high (due to concerns about the Fed’s hawkish tilt). But inflation may have already peaked, and mortgage rates should follow inflation lower.

We’re rolling out a refreshed MBS Highway experience designed to help loan originators work faster, stay organized, and access the tools they use most – all with less effort and more efficiency.