August 2026

Mortgage rates hit a one-year high at 6.66%. But 34% of DFW homeowners already carry rates above 5%. Here is what the lock-in story gets wrong and where rates go next.

Mortgage Rates Just Hit a One-Year High Leaving A Third of DFW Homeowners Frozen

Roughly 34% of Dallas-Fort Worth homeowners currently carry a mortgage rate above 5%, according to UT Arlington's housing research. The mortgage lock-in effect is weakening in DFW, with over a third of homeowners experiencing the opposite. The 30-year fixed climbed to 6.66% this week, a one-year high, per Freddie Mac's Primary Mortgage Market Survey. Every feed is running that headline, and it will...