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Fed Holds Rates in June 2026 — But a Hike May Be Coming: What It Means for Your Mortgage | StatewiseFinance Fact Checked | Updated: June. 2026 · Sources: Federal Reserve · CNBC · Kiplinger · Wells Fargo Investment Institute · Fox Business · Advisor Perspectives Fed Holds Rates in June 2026 — But a Hike May Be Coming: What It Means for Your Mortgage FOMC Decision: June 17, 2026 · Rate Held: 3.50%–3.75% · Vote: 12–0 · New Chair: Kevin Warsh The Federal Reserve held rates steady at its June 17 meeting — but the bigger story is what came next. The new dot plot flipped hawkish, with 9 of 18 officials now projecting a rate hike before year-end. For homebuyers and refinancers, the calculus has changed. Here's what you need to know. ⚠ Bigger Story Than a Simple Hold: The June 17 decision to hold rates was widely expected. What wasn't fully priced in: the dot plot now shows a median 2026 year-end rate of 3.8% — above current levels — meaning most Fed offic...

States Are Unleashing Massive Down Payment Assistance in 2026 — Is This Your Window to Buy? | StatewiseFinance Housing News · Down Payment Assistance States Are Unleashing Massive Down Payment Assistance in 2026 — Is This Your Window to Buy? June 15, 2026 StatewiseFinance Editorial Chicago just launched a $70,000 grant with no repayment required. St. Louis reopened a $50,000 forgivable loan that ran out of money the first time within days. Florida's Hometown Heroes is offering up to $35,000 to essential workers across more than 50 professions. As high rates and high prices push first-time buyers to the sidelines, state and local governments are responding with some of the most aggressive homebuyer assistance programs in years — and the window may not stay open long. What's Happening Right Now The 30-year fixed mortgage rate is hovering around 6.49% as of June 2026. The national median home price has cross...

Your Solar Loan Just Changed — What the 2026 PACE Rule Means for Your Home | StatewiseFinance ⚡ FINANCIAL NEWS — EFFECTIVE MARCH 1, 2026 Published: June 2026 | Sources: consumerfinance.gov · federalregister.gov · natlawreview.com · housingwire.com · nclc.org Your Solar Loan Just Changed. Here's What the New 2026 PACE Rules Mean for Your Home. If a salesperson ever came to your door and offered you a loan for solar panels, a new roof, or energy upgrades — with payments added to your property tax bill — you have a PACE loan. As of March 1, 2026, the federal government completely changed the rules for these loans. For the first time, PACE lenders are now legally required to check whether you can actually afford what they're selling you — and give you the same disclosures a bank gives before a mortgage. Here's what changed, what it means for you, and what to do if you already have one of these loans. Important clarification: "PACE loans...

SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1, 2026 | StatewiseFinance Updated: June 10, 2026 | Sources: Dept. of Education · The College Investor · TISLA · Tate Esq. · NASFAA · StudentAid.gov SAVE Plan Ends — 7.5 Million Borrowers Get 90-Day Notices Starting July 1 What the notice means · IBR vs. RAP · What happens if you ignore it · Action guide Starting July 1, 2026, federal loan servicers will begin mailing 90-day notices to all 7.5 million SAVE plan borrowers ordering them to choose a new repayment plan. Borrowers who ignore the notice will be auto-enrolled into Standard or Tiered Standard Repayment — potentially the most expensive option available. Here is exactly what you need to know and do. This affects YOU if: You are currently in the SAVE plan or SAVE administrative forbearance. Starting July 1, 2026, your servicer will mail a 90-day notice. If you do not respond within 90 days of receiving the notice, you will be au...