Mortgage Rates are Stuck Near 6.5%. A New Housing Law May Make Buying Easier – Eventually

CNN, July 9, 2026-Samantha Delouya

The war with Iran and the inflation spike that followed have kept mortgage rates stubbornly high, while fresh fears that the Federal Reserve could raise interest rates to contain price pressures have only added to the uncertainty. At the same time, a bipartisan housing bill, aimed at boosting supply and easing some of that affordability strain over the next few years, is set to automatically become law at midnight on Friday into Saturday, unless President Donald Trump vetoes it.
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