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 own the largest portion of U.S. housing wealth yet meet persistent underwriting hurdles. UK house prices remain stagnant while slower increases offer slight relief. In consolidation news, Victorian Finance merged into a Tennessee bank. Purchase rates currently sit lower than refinance rates. Lenders continue to tighten standards for older borrowers despite high net worth. These shifts reflect a complex market where supply and credit rules shape access more than rate movements alone.