Tamer Habashy

A potential peace deal lowered oil pressure, giving global central bankers more flexibility while inflation risks remained in focus for policy decisions.
The policy committee held interest rates in the mid-3% range unanimously. Half projected no further 2026 changes; half saw slight hikes possible.
Current consumer inflation kept policy cautious: energy drove much of the recent monthly gain, while core inflation cooled MoM from the prior pace.
Major stock indexes initially rallied on lower oil and peace-deal optimism, then turned lower after the rate decision as government bond yields firmed.
The new chair signaled less forward guidance, new internal reviews, and future press conferences only when central bank changes deserve fuller public explanation.

Global Markets Weigh Central Bank Shift

On June 15, 2026, a federal veterans' partial claim program launched, helping eligible military homeowners cure missed payments while keeping original loan terms.
Missed amounts become a separate subordinate lien with no monthly payments or interest, due when owners sell, refinance, or pay off the first mortgage.
Eligibility requires a government-guaranteed veteran loan, primary residence, default or imminent default, affordable regular payments, and a completed 3-mo trial payment plan.
Program Limits
Advance cap: up to one-quarter of unpaid balance
$300K example: $75K
Expanded COVID-era example: $90K
Can include taxes, insurance, HOA dues
Apply through your servicer, not a public portal; issuers have until November 28, 2026 to fully implement processing in their own systems.