[Aug 10, 2026] Moxie Minute

by Robert Lucido Jr

THE WEEKLY BRIEFING

MOXIE MINUTE

August 10, 2026

Rate Radar

Conv	6.76%	0.02▲
FHA	6.29%	0.01▲
VA	6.31%	0.01▲
Jumbo	6.86%	0.01▲
10YT	4.701%	0.043▲

Source: Moxie Mortgage | MND

Updated: 01:27 PM

Give your clients the advantage— Moxie more options, faster closings, and real savings at closing and on future refinances.

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Market Metrics

Existing Home Sales

4.09M

Median Home Price

$440,600

Months of Inventory

4.6 Months

Home Value Appreciation

1.2%

Average Rent

$1,579, -1.4% YoY

Local Trends

30-Day Outlook

What to Watch

•Watch for the Consumer Price Index (CPI) report on August 12, as any sign of sticky inflation will likely keep mortgage rates near the 6.8% range.

•Monitor global energy prices and oil market shifts, which have recently added upward pressure to long-term bond yields and mortgage pricing.

•Keep an eye on Federal Reserve commentary following the July meeting for signals of potential rate hikes if inflation does not reach the 2% target.

Game Plan

•The housing market is entering a regional rebalancing phase where the Midwest and Northeast show resilience while the Sun Belt cools.

•National home price appreciation has slowed to a modest 1.2% as high mortgage rates continue to suppress buyer demand.

•Inventory levels are slowly improving toward a more balanced state, giving buyers more choices and slightly more negotiating power.

Agent Talk Track

"It seems like you are feeling a bit worried about the news saying the market just hit its peak. I hear you. What would happen if we found a home that fits your budget right now instead of waiting for a perfect time that might not come?"

Weekly Briefing

Top insights from the last 7 days

TheStreet • August 8, 2026

Zillow Warns 2026 Housing Market Has Officially Peaked

Zillow economists have issued a warning that the 2026 housing market likely reached its summit in July. Rising mortgage rates and persistent inflation are now expected to stifle further growth for the remainder of the year.

The Bottom Line:

Agents should prepare clients for a late-summer slowdown and emphasize that the 'peak' pricing window for sellers may be closing in many markets.

Read Full Analysis →

Business Wire • August 10, 2026

Cotality: U.S. Home Prices Enter a New Phase of Regional Rebalancing

New data for June 2026 reveals a split market where the Midwest and Northeast continue to see firm price growth while former boom markets in the South and West are adjusting to higher supply.

The Bottom Line:

Real estate professionals in the Sun Belt may need to adjust pricing strategies as buyer leverage increases, while those in the Midwest remain in a seller-dominated environment.

Read Full Analysis →

National Association of REALTORS® • August 4, 2026

Home Prices Increased in 80% of Metro Areas in Second Quarter of 2026

NAR's latest quarterly report shows that home prices rose in the vast majority of U.S. metros, with the national median single-family price reaching $434,900.

The Bottom Line:

This data proves that despite higher rates, home equity remains strong, giving agents a powerful talking point for homeowners considering a move.

Read Full Analysis →

Key Events Dashboard

August 11, 2026

July Existing Home Sales Report

High

Market Significance:

This report will confirm if the market truly peaked in July and how much inventory has grown over the summer.

August 12, 2026

Consumer Price Index (CPI)

High

Market Significance:

CPI is the primary measure of inflation; a high reading could trigger a spike in mortgage rates.

August 26, 2026

Personal Consumption Expenditures (PCE)

High

Market Significance:

As the Fed's preferred inflation gauge, this report will heavily influence the next interest rate decision.

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MOXIE MINUTE

Legal Disclaimer: This report is for informational purposes only and does not constitute financial, legal, or investment advice. Mortgage rates and market data are subject to change without notice. All loan programs are subject to credit and property approval. This is not a commitment to lend.

Moxie Mortgage is a division of Nexa Lending, an Equal Housing Lender. NMLS: 1660690