[June 8, 2026] Moxie Mortgage

by Robert Lucido Jr

THE WEEKLY BRIEFING

MOXIE MINUTE

June 8, 2026

Rate Radar

Conv	6.68%	0.02▲
FHA	6.20%	0.02▲
VA	6.22%	0.03▲
Jumbo	6.82%	0.12▲
10YT	4.568%	0.032▲

Source: Moxie Mortgage | MND

Updated: 05:09 PM

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Market Metrics

Existing Home Sales

4.02 Million

Median Home Price

$417,700

Months of Inventory

4.4 Months

Home Value Appreciation

1.27%

Average Rent

$1,667, -1.7% YoY

Local Trends

30-Day Outlook

What to Watch

•Watch the Federal Reserve's interest rate decision on June 17 to see if they maintain the 3.75% benchmark or signal further cuts.

•Monitor the delisting rate of active listings; if sellers continue to pull homes off the market, supply could tighten and keep prices artificially high.

•Track the 10-year Treasury yield's reaction to upcoming PCE inflation data, as this will directly influence 30-year fixed mortgage rates.

Game Plan

•The housing market is currently in a standoff as record numbers of sellers delist homes rather than lower their prices to meet buyer demand.

•Federal interest rates have stabilized at 3.75%, signaling a shift away from the aggressive hikes of previous years and providing a floor for mortgage rates.

•Inventory levels have reached a 4.4-month supply, the highest in years, which is gradually shifting the power dynamic toward buyers in many local markets.

Agent Talk Track

"It sounds like you're feeling a bit stuck because the market is moving in a way that doesn't make sense right now. How would it feel to find a home you love today, while other buyers are still waiting for a perfect moment that might not come? It seems like you're looking for a way to get a fair price without the stress of a bidding war."

Weekly Briefing

Top insights from the last 7 days

WUSA9 / Redfin • June 4, 2026

Sellers Pulling Homes Off Market at Record Rates as Buyers Balk

Nearly 6% of all active U.S. home listings were delisted in April, matching a record high not seen since the start of the pandemic. Sellers are choosing to pull their homes off the market rather than accept lower prices, while buyers remain hesitant due to economic uncertainty.

The Bottom Line:

This indicates a significant standoff in the market; agents must manage seller expectations regarding pricing to prevent listings from going stale and being delisted.

Read Full Analysis →

Federal Reserve Board • June 5, 2026

Federal Reserve Holds Interest Rates Steady at 3.75% in June Update

The Federal Reserve's latest H.15 report shows the federal funds effective rate holding at 3.62% to 3.75%. This stability suggests that the central bank is satisfied with current inflation trends, though it remains cautious about future cuts.

The Bottom Line:

Rate stability helps LOs and Realtors provide more predictable monthly payment estimates to clients, though it hasn't yet triggered a massive wave of new buyers.

Read Full Analysis →

National Mortgage Professional • June 2, 2026

Achieve Expands HELOC Eligibility to More Borrowers

Achieve has increased its maximum HELOC loan amount to $700,000 and broadened its underwriting criteria to help more homeowners access their equity. This move comes as the company prepares for a full third-party origination channel launch.

The Bottom Line:

With home values remaining stable, agents can leverage HELOC options to help clients fund renovations or down payments for a second home without losing their current low mortgage rate.

Read Full Analysis →

Key Events Dashboard

June 9, 2026

NAR Median Home Price Release

High

Market Significance:

This report will confirm if the record-high delisting rates are successfully propping up national median sales prices.

June 17, 2026

FOMC Interest Rate Decision

High

Market Significance:

The Fed's policy statement will dictate the direction of mortgage rates for the remainder of the summer buying season.

June 18, 2026

May Housing Starts and Building Permits

Medium

Market Significance:

This data shows whether builders are slowing down production in response to the current buyer standoff.

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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