Mortgage Rates Hit 2026 High: Is Housing Demand About To Weaken? | March 16, 2026

On today’s Hot Sheet, Byron Lazine broke down Logan Mohtashami’s Weekly Market Tracker showing mortgage rates climbed to 6.41% as volatility returned, with demand still holding but historically weakening as rates approach 7%.

He also covered the January PCE report from the U.S. Bureau of Economic Analysis, showing personal income up $113.8B and inflation at 2.8% year over year.

For today’s third topic, Byron unpacked January JOLTS data showing job openings held at 6.9 million and the labor market remained stable overall.