Thirty-year fixed mortgage rates fell 28 basis points from last year. Adjustable-rate mortgage updates will begin on July 1. A new report finds seniors hold a record share of U.S. housing wealth yet face systemic underwriting hurdles. UK house prices remain stagnant while cooling rates offer slight relief. In consolidation news, a Pittsburgh lender merged into another institution. Purchase rates currently sit lower than refinance rates. Lenders keep raising standards for older borrowers despite their asset levels. These shifts reflect an unpredictable market where supply and credit rules dictate availability more than rate movements alone.