Mid-year financial checkup

Now that we’re halfway through 2026, it’s time to bring those new year’s resolutions back to the forefront with a financial checkup. Whether you’re thinking about buying your first home or using your home equity, understanding today’s housing market trends is an important first step.

So, how is the housing market right now? Over the past six months, mortgage rates have fluctuated, housing inventory has improved and home prices are standing strong. Meanwhile, real estate remains one of the biggest financial assets for homeowners.

As we move from long summer days and into the holiday season, here’s a recap of the 2026 housing market trends we’re seeing so far — and what it all means for homebuyers and owners.

Where mortgage rates stand mid-year

Back in January, everyone had the same question: What will happen to mortgage rates this year? Here’s where they currently stand.

While mortgage rates continue to fluctuate, average rates on a 30-year mortgage dipped below 6% for the first time in 3.5 years. The reduction was short-lived as rates climbed back up into the mid-6% range, but it reminded us just how quickly the market can change.

The biggest takeaway for homebuyers from these U.S. housing market trends in 2026? Waiting for the perfect mortgage rate isn’t always easy. Instead, the best course of action is to focus on the factors within your control, such as:

• Your budget
• Down payment amount
• Loan options
• Long-term homeownership goals

When you’re thinking about buying a home, mortgage rates are only a part of the story. There’s also home prices, inventory levels and local market trends to consider as you’re mapping out your next steps.

Housing inventory is improving

Next in our financial checkup, let’s evaluate inventory. In 2026, more and more homes have been hitting the market, giving homebuyers a wider pool of options. In May, NAR reported a 3.3% increase in unsold inventory and 3.2% increase in existing home sales.

Higher inventory means less competition, more time to make a decision and better negotiation leverage. In some areas, sellers are even becoming more flexible, offering concessions or other incentives to lock in a sale.

This is great news for homebuyers. The market is set up for them to find the right property at the right price in the second half of the year. After a persistent selling market with low inventory, 2026 is looking to be one of the most balanced markets in the past few years.

Home prices continue to show resilience

In 2026, home prices remained relatively stable in many markets. Price growth has cooled compared to the appreciation seen in recent years, and values are holding steady. For homeowners, this is amazing news — higher home values help retain the equity you’ve built over time.

For buyers, it’s a reminder that waiting for a nationwide price reduction may not be the best strategy. Instead, focusing on affordability, financing options and long-term goals may be better than trying to time the market.

Want to stay a few steps ahead? Get pre-approved to find the perfect loan so you’re ready to take action when the right opportunity comes your way.

What today’s market means for you

Housing markets vary by location, but overall, the first half of 2026 has brought encouraging signs for both homebuyers and owners. Buyers have more inventory to choose from, better negotiation leverage and less competition than in recent years. On the other hand, homeowners continue to build and retain equity as home values hold strong.

Consider an annual mortgage review

Life changes, the market shifts and your financial needs evolve. So why should your mortgage stay the same?

That’s where an annual mortgage review comes in. Our loan experts can help you uncover all your options, including leveraging home equity or prepping for a future purchase. Ready for a financial checkup and mortgage review? Get in touch with us  to ensure you're making the most of one of your greatest financial assets: your home

Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Refinancing your mortgage may increase costs over the term of your loan. Restrictions may apply.

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