Mortgage Rate Update – Week of March 23, 2026

What’s Moving Markets This Week

The ongoing conflict with Iran continues to drive volatility across financial markets. We’re seeing a seesaw effect — markets improve as tensions appear to ease, then pull back sharply when threats or attacks escalate.

The Iranian Parliament Speaker stated this week that they would move against purchasers and holders of US Treasuries, tying those assets to the cost of the conflict. As of Monday afternoon, the Dow is surging on reports that the US and Iran have had productive talks — but the situation remains fluid and bears close watching.

 Where Are Mortgage Rates?

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Freddie Mac Home Possible No Longer Allows High Balance Conforming Loans

Freddie Mac HomePossible Mortgage WA StateFreddie Mac’s Bulletin 2026-1 brings a meaningful change for buyers and homeowners in the greater Seattle area. Starting with applications dated April 12, 2026, high balance conforming loans are no longer eligible under the Home Possible program. For homebuyers in King, Pierce, and Snohomish counties, this change directly affects your low-down-payment options on higher-priced homes.

Here is what this means, who it affects, and what alternatives remain available. [Read more…]

What is a Loan Estimate and Closing Disclosure: What Every Borrower Should Know

Loan Estimate and Closing DisclosuresWhen you apply for a mortgage, two documents do most of the heavy lifting when it comes to understanding your loan: the Loan Estimate and the Closing Disclosure. Both were introduced in 2015 under federal rules designed to make mortgage costs easier to understand and compare — and they replaced the old Good Faith Estimate and HUD-1 Settlement Statement.

Here’s what each one is, when you’ll receive it, and what to pay attention to. [Read more…]

How Much Home Can I Actually Afford?

How Much Home Can I Afford How Much Home Can I Actually Afford?

It’s one of the first questions every home buyer asks — and one of the most important. But “how much home can I afford” and “how much will a lender approve me for” are not the same question. Confusing the two is one of the most common — and most costly — mistakes buyers make.

Your approval amount is determined by a formula. Your actual affordability is determined by your life. A good mortgage professional helps you understand both — and helps you build a plan that works for you, not just one that gets you to closing. [Read more…]

The Mortgage Porter Weekly | Mortgage Rates, Conflict in Iran and Fed Week

Rates moved higher last week, but today (Monday, March 16th) delivered the best day for bonds since the conflict with Iran began — a meaningful bright spot heading into the week ahead. Here’s everything you need to know about where rates stand and what’s driving the market right now.

Geopolitical Update: Iran Conflict and Oil Prices

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