2026 Mid-Year Mortgage Market Update: What Went Wrong & Where We're Headed - First Half 2026 Podcast Review

Six months into 2026, it’s time for a reality check. In this candid mid-year review, I’m joined by Paul Gusoff (Southern California real estate veteran) and Tom Bonetto (Arizona & California mortgage expert) to compare our January predictions against today’s market.

Rates climbed higher than expected, inflation proved stickier, and global events—especially tensions in the Middle East—shook up the bond market. We break down the numbers on unemployment, Fed policy, home appreciation, and the new Fed Chair’s impact, while sharing real-world insights from the trenches.

Despite the challenges, we see reasons for optimism: motivated buyers, meaningful seller concessions (including rate buydowns into the 5s), and a stable environment where well-priced homes are still moving. This is a critical window for first-time buyers and anyone looking to build generational wealth through real estate.

If you want honest, transparent analysis without the hype—and practical advice for your next move—tune in now.

Mike Nelson, CEO - Efficient Lending, Inc
720.419.3016 | mike@efficientlending.net | @mike_lending
NMLS: 1876539 | NMLS: 1314188

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