Mortgage
Mortgage rates moved higher this week as oil prices, inflation concerns, and global uncertainty continue to impact the market.
May 8, 2026
1:00 pm
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Mortgage rates moved higher this week as oil prices, inflation concerns, and global uncertainty continue to impact the market.
Mortgage rates are trending upward due to inflation concerns and global events. Here’s what’s driving the market right now.
Two major developments — limits on institutional homebuyers and a proposed $200B mortgage-backed securities purchase — could impact mortgage rates, competition, and affordability in Florida in 2026.