Wall Street Breakfast Rates tick higher as housing demand grows
Mar 27, 2026
Mortgage rates inch up while housing demand shows signs of recovery. Netflix raises subscription prices to fund a massive content budget. Washington moves on DHS funding as TSA pay and airport strains make headlines. Big tech and market movers get a quick roundup, including streaming, AI ad revenue, and defense deployment talks.
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Housing Market Shows Gradual Improvement Despite Rising Weekly Rates
- Mortgage rates rose week over week but remain lower than a year ago, signaling gradual housing market improvement.
- Freddie Mac reported 30-year fixed averaged 6.38% and 15-year averaged 5.75%, with purchase and refinance applications up year-over-year.
Netflix Raises Prices To Fund $20B Content Push
- Netflix is raising all subscription plan prices by at least $1 to fund a $20 billion content budget this year.
- Increases are immediate: standard +$1, standard no-ads +$2, premium +$2, and extra member fee +$1, funding live events and a Sony license deal.
TSA Pay Promised As Senate Moves DHS Funding Amid Shutdown
- Senate advanced a DHS funding bill and President Trump plans immediate pay for TSA officers amid a partial shutdown disrupting airports.
- Payments will come from Trump's 2025 tax and spending bill while the DHS measure still needs House approval and signature.