Vance calls on Fed to cut rates to ease home affordability
Hunter Bolling of HB Mortgage Team in Dallas-Fort Worth told Mortgage Professional America earlier this year that he wants the Fed to move deliberately rather than reactively.
“I want [the Fed] to go slow and steady,” Bolling said. “I think that’s what we haven’t had over the last several years, where it’s just been kind of up and down.”
What a divided Fed means for borrowers
The Mortgage Bankers Association (MBA) is forecasting the 30-year fixed rate will remain in the 6.1%–6.3% range through the rest of 2026, assuming inflation moderates gradually. That forecast assumes no further rate hike, an assumption now openly contested inside the Fed itself.
For brokers managing purchase pipelines, the message from Washington on Thursday may generate buyer curiosity, but it does little to resolve the underlying rate environment.
As economists have noted in recent weeks, a majority continue to expect no Fed rate moves for the rest of 2026, making the September FOMC decision a pivotal test of which direction the central bank ultimately chooses.
