Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Aug 1, 2025 3:24 PM
— Mortgage Rates
Bond Traders Quickly Revise Their Bullishness
The NFP revisions were surprisingly large, leading to a significant impact on the market. This raised concerns about the labor market or potential issues with BLS data. Yields and mortgage rates experienced a significant decline as a result.
Aug 1, 2025 12:24 PM
— Mortgage Rates
Mortgage Applications Fall as Rates Held Near Highs
Mortgage application activity fell last week, with both purchase and refinance activity decreasing. The 30-year fixed rate remained steady at 6.83%, deterring refinancing. Despite the drop, the Refinance Index is still above last year's level, while the Purchase Index is higher than the same week in 2024. There was a broad pullback in application activity, likely due to growing sensitivity to inte... more
Aug 1, 2025 12:23 PM
— Interest Rates
Mortgage Rates Instantly Drop to 4 Month Lows After Jobs Report
The jobs report for the month came in weaker than expected, with revisions removing 253k jobs from initially reported numbers. This led to rates improving as weaker economic data tends to push rates down. The larger than typical revisions indicated a weaker labor market than previously thought, causing rates to fall. 30yr fixed rates fell an eighth of a point, reaching their lowest levels since ea... more
Aug 1, 2025 11:24 AM
— Housing Market
Pending Home Sales Slip Again, Underscoring Market Stagnation
The National Association of Realtors' Pending Home Sales Index has been stagnant for over two years due to affordability pressures and high mortgage rates. In June, pending home sales fell by 0.8%, following a slight increase in May. Contract activity remains low, with only the Northeast region showing no change year-over-year. The West experienced the largest annual decline at -7.3%. Buyer engage... more
Aug 1, 2025 10:23 AM
— Housing Market
Home Prices Still Rising Year-Over-Year, But Momentum Is Fading
The FHFA and Case-Shiller reported a decrease in home price appreciation in the most recent update, with monthly figures showing variation across different regions. This marks the smallest annual national gain since July 2023, and the third consecutive monthly decline in seasonally adjusted data. Both indexes signal deceleration in the housing market, with prices still rising year over year but at... more
Aug 1, 2025 8:35 AM
— Mortgage Rates
Weak jobs data boosts odds of mortgage rate drop
Overall employment numbers fell short of market expectations in July. This may lead to a potential drop in mortgage rates and an increase in industry hiring. Nonbank payrolls have been rising during the homebuying season as borrowing costs decrease. The 30-year fixed-rate mortgage has stayed relatively stable since a previous spike, with no major changes expected soon. Mortgage rates are predicted... more
Aug 1, 2025 8:23 AM
— Mortgage Finance
Grapevine: Rate Outlook; Slower Home Price Appreciation
The article discusses the latest trends and updates in the mortgage industry. It provides insights into market conditions, interest rates, and changes in lender practices.
Aug 1, 2025 8:23 AM
— Mortgage Lenders
Mortgage Calculator: Here’s How Much You Need To Buy a $440,950 Home at a 6.72% Rate
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Aug 1, 2025 3:23 AM
— Mortgage Rates
Did mortgage rates go up or down after Fed held firm on no interest rate cuts?
Mortgage rates have seen minimal movement, with the average U.S. 30-year fixed-rate mortgage dropping slightly to 6.72%. Despite this, there is optimism for the real estate market due to economic growth, moderating house prices, and rising inventory. Zillow's analysis shows that rates would need to drop significantly for a typically priced home to be affordable to a median-income family. Big chang... more
Jul 31, 2025 2:23 PM
— Mortgage Lenders
Credit Score Changes Could Help More Renters Get Mortgages
Proposed changes to federal mortgage lending could make mortgages more accessible by allowing the use of VantageScore 4.0 in addition to FICO scores. VantageScore includes rent and utility payments in its calculations, potentially helping millions of creditworthy Americans qualify for mortgages. However, adoption of the new score by the mortgage industry may take time due to the need for new guide... more
Jul 31, 2025 1:23 PM
— Interest Rates
What Does July's Data Suggest About Friday's Jobs Report?
The article discusses a table consolidating results of economic reports and NFP precedents to predict the likelihood of NFP moving higher or lower in tomorrow's data. Credit is given to BMO's US Rates Strategy desk for the concept and data collation. The table shows the percent of previous July payroll counts beating, missing, or matching the forecast.
Jul 31, 2025 1:23 PM
— Bond Markets
Month-End Volatility Erodes Modest Gains
Bonds were slightly stronger overnight, with the initial reaction involving some selling that was fully erased by mid-morning. Stocks and bonds pared long positions in the afternoon, resulting in most losses around the typical closing hours. Ultimately, bonds gave up overnight gains but remained close to 'unchanged' by the end of the day.
Jul 31, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Hold Near July Lows Ahead of Jobs Report
Mortgage rates remained stable as bond market improved in the morning after losing ground the previous day. Today's rates are the lowest since July 3rd. Tomorrow's job report will be crucial in determining if rates move higher or lower based on job growth.
Jul 31, 2025 12:23 PM
— Mortgage Rates
Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home
Mortgage rates have increased significantly, with the current average rate at 6.75%. Economists and real-estate groups do not foresee a decrease in rates in the near future, making homes less affordable. High mortgage rates have deterred both home buyers and sellers, with homeowners reluctant to give up lower rates they secured years ago. Inventory levels have increased, but home prices remain hig... more
Jul 31, 2025 10:33 AM
— Mortgage Rates
Why mortgage rates are trapped in a narrow range
Mortgage rates remained relatively flat after the Federal Reserve meeting, with the 30-year fixed rate dropping below 6.8% for the first time since May. Rates experienced a 10 basis point decline, the most since March, and are now below 6.7% for the first time since April. Following a strong jobs report and renewed tariff uncertainty, rates rose slightly but are expected to remain stable in the ne... more
Jul 31, 2025 9:24 AM
— Mortgage Finance
Eventual Rate-Cut By Fed Not Expected to Help Mortgages Much
The article discusses the latest trends in the mortgage market, highlighting changes in interest rates and how they are impacting the housing market. It also touches on the role of mortgage lenders in the current market conditions.
Jul 31, 2025 9:23 AM
— Mortgage Rates
Average rate on a 30-year mortgage eases again, offering modest relief for home shoppers
The average rate on a 30-year U.S. mortgage eased slightly, along with 15-year fixed-rate mortgages. Mortgage rates have been influenced by various factors including the Federal Reserve's interest rate policy decisions and bond market expectations. Despite some fluctuations, economists expect the average rate on a 30-year mortgage to remain above 6% this year.
Jul 31, 2025 9:23 AM
— Mortgage Lenders
Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts
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Jul 31, 2025 9:23 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 31, 2025: Rates tick down after Fed meeting
The current mortgage rates for 30-year and 15-year fixed mortgages have decreased slightly. The Federal Reserve did not cut the federal funds rate, suggesting that fixed mortgage rates will remain in the 6% to 7% range for 30-year mortgages and 5% to 6% for 15-year mortgages in the near future. The article discusses the impact of economic factors on mortgage rates, the benefits of choosing a fixed... more
Jul 31, 2025 8:24 AM
— Mortgage Lenders
Processing, HELOC Tools; FEMA and Detention Center Funding; Freddie's Net Worth Hits $65 Billion
The article discusses various topics related to the mortgage industry, such as lender services, technology innovations, rating agencies, and the impact of weather events on lenders and servicers. It also provides information on Freddie Mac's financial performance and highlights the need for timely communication and digital platforms for borrowers.
Jul 31, 2025 7:24 AM
— Bond Markets
No Whammies From PCE
The biggest economic indicator for the day was the monthly PCE Price Index for June, which showed lower core monthly PCE than expected. Despite this, bonds are holding modest gains due to lower jobless claims and higher employment costs.
Jul 31, 2025 3:23 AM
— Housing Market
Trump wants to 'unleash’ America's housing market — and is throwing his support behind MTG's big plan for US real estate
President Donald Trump is considering a plan to eliminate capital gains tax on home sales to help boost the housing market. Currently, homeowners can exclude up to $250,000 ($500,000 for joint filers) of taxable gain when selling their primary home, but this exclusion was set back in 1997. Trump's comment followed the introduction of the 'No Tax on Home Sales Act' by Rep. Marjorie Taylor Greene, w... more
Jul 30, 2025 9:24 PM
— Housing Market
Underwater mortgages post uptick from year-ago levels
Recent quarterly numbers from Attom show an improvement in the share of underwater mortgages, but the percentage is still higher than a year ago. Foreclosure numbers in the first six months of this year were up compared to 2024, but starts eased as the spring progressed.
Jul 30, 2025 3:24 PM
— Interest Rates
Pulte takes issue with Powell statement on Fed housing role
Housing regulator Bill Pulte expressed frustration with Federal Reserve Chairman Jerome Powell's decision to keep short-term rates unchanged. Leading lenders hinted at serious accusations in a lawsuit involving the departure of nearly two dozen employees. Habib criticized Powell in a LinkedIn post and was later placed on the Fannie Mae board. The industry leader faced a rare theft of trade secrets... more
Jul 30, 2025 2:24 PM
— Interest Rates
Markets Expected More Dovishness From Powell
The article discusses how AM data was mixed, with GDP stronger but with lower domestic demand numbers. PCE prices were revised higher, raising the risk of higher inflation. Fed Chair Powell's press conference did not provide any indication of rate cuts, leading to lower odds for near-term cuts in Fed Funds Futures. This led to a modest impact on bonds, with yields remaining relatively flat overall... more
Jul 30, 2025 2:23 PM
— Interest Rates
Powell: 'Many, many uncertainties' remain for tariff impacts
Federal Reserve Chair Jerome Powell is still assessing how higher tariffs will impact the economy. Some officials predict no rate cuts this year while others expect one cut. The 30-year fixed rate has remained steady, potentially creating stagnation in the housing market. Leading lenders are facing accusations in a lawsuit related to the departure of numerous employees.
Jul 30, 2025 1:23 PM
— Mortgage Rates
Mortgage Rates Sideways to Slightly Lower
Wednesday saw an increase in events that could impact mortgage rates, including economic reports showing higher than expected ADP payroll count and strong GDP growth in Q2. The increase in the PCE price index was particularly concerning for rates. The Fed's announcement did not change much, leading to lower expectations for rate cuts. Thursday and Friday's economic data, especially the jobs report... more
Jul 30, 2025 1:23 PM
— Mortgage Rates
When will mortgage rates drop below 6%?
The National Association of Realtors states that mortgage rates need to drop below 6% to boost the housing market. However, experts predict rates will remain high due to economic uncertainty. Despite this, potential homebuyers are advised to consider taking out a mortgage sooner rather than later, as there are various factors that determine monthly payments beyond just interest rates.
Jul 30, 2025 12:37 PM
— Interest Rates
Fed keeps interest rates unchanged for fifth-straight time
The Federal Reserve decided not to cut rates at this time despite some disagreement within the board. Some economists are seeing a return of a 'K-shaped economy'. Traders' expectations of a rate cut decreased slightly. Powell emphasized the difficulty of gauging the impact of tariffs on inflation and highlighted the importance of timing rate cuts correctly. If economic conditions weaken, the Fed m... more
Jul 30, 2025 12:23 PM
— Mortgage Rates
Mortgage and refinance interest rates today, July 30, 2025: Rates stay flat
Mortgage interest rates today saw minimal movement, with the 30-year fixed rate staying flat at 6.69% and the 15-year mortgage decreasing slightly to 5.89%. Despite the Federal Reserve keeping rates steady and employment declining, mortgage rates are not expected to drop this year. The article provides a breakdown of current mortgage rates, discusses the pros and cons of different mortgage terms, ... more
Jul 30, 2025 11:23 AM
— Interest Rates
4 ways the Fed's decision to hold interest rates steady will impact your wallet
The Federal Reserve decided to keep rates steady, impacting how much Americans pay for homes, credit cards, and cars. Mortgage rates are likely to stay stable, auto loan rates will remain unchanged, and credit card rates will also stay high. Investors are looking ahead to the September meeting, with expectations of rate cuts in the coming months.
Jul 30, 2025 11:23 AM
— Interest Rates
Bank of Canada signals possible cuts ahead, but holds key policy rate steady for now at 2.75%
The Bank of Canada decided to keep the overnight interest rate steady at 2.75 per cent due to uncertainty related to U.S. trade tensions. Governor Tiff Macklem mentioned resilience in the Canadian economy and factors that would lead to future interest rate cuts. Economists had mixed views on the BoC's next moves, with some expecting a cut in September. The BoC's new Monetary Policy Report outlined... more
Jul 30, 2025 11:23 AM
— Interest Rates
Fed holds interest rates steady: What that means for car loans, credit cards, mortgages and more
The Federal Reserve has decided to keep its key benchmark rate steady, delaying any rate cuts until at least September due to uncertainty and inflation risks posed by Trump's tariff agenda. Credit card interest rates remain high, with mortgage rates, auto loan rates, and student loan interest rates also elevated. Savings rates, however, remain above average as they are correlated to the federal fu... more
Jul 30, 2025 10:23 AM
— Mortgage Rates
Fed meeting news today: Two top officials may break from Powell as Trump pressures for rate cuts
The Federal Reserve left interest rates unchanged, leading to borrowing costs staying high for consumers. Savers with high-yield savings accounts have been benefiting from inflation-beating returns. Mortgage rates have been stable in recent months, with housing economists predicting rates above 6.5% for the rest of the year. Despite consumer pessimism, actual economic data has shown resilience, le... more
Jul 30, 2025 10:08 AM
— Interest Rates
Bank of Canada signals possible interest rate cuts ahead, but holds key policy rate steady for now at 2.75%
The Bank of Canada decided to hold its interest rate unchanged in response to ongoing pressures on underlying inflation, trade uncertainties, and the fluidity of the trade situation with the U.S. Economists are divided on whether there will be a rate cut in September. The housing market is expected to remain stable, and mortgage rates are predicted to be in the low to mid 4 percent range for new m... more
Jul 30, 2025 9:23 AM
— Interest Rates
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
This article discusses how the central bank's interest rate stance can impact various financial products such as car loans, credit cards, mortgages, savings accounts, and student loans.
Jul 30, 2025 9:23 AM
— Mortgage Finance
Lenders Ready for ‘Higher-for-Longer’ to End
The article discusses the latest news and updates related to the mortgage market. It covers topics such as mortgage rates, interest rates, and housing market trends.
Jul 30, 2025 8:23 AM
— Mortgage Lenders
Jumbo, Non-QM Products; STRATMOR on Servicing Strategy; Fannie and Redwood Earnings; LO Comp Rule
The article discusses various updates in the mortgage industry, including changes in lending programs, a webinar on co-marketing strategies, and the closing of a large securitization. It also mentions recent financial results from Fannie Mae and Redwood Trust, as well as updates on the capital markets and Treasury auctions.
Jul 30, 2025 7:37 AM
— Housing Market
Cruel summer continues as rates, applications barely budge
Mortgage lenders are facing challenges during the summer months as state rates are keeping buyers away. Purchase and refinance activity declined despite rates falling to a two-month low due to market concerns over geopolitical and tariff issues. Mortgage applications increased last week, with a focus on FHA loans and refinancing. Additionally, US purchases of new homes decreased significantly in M... more
Jul 30, 2025 7:23 AM
— Bond Markets
Deceptively Strong GDP Causing Early (Possibly Unjustified) Weakness
At the start of trading, ADP data and GDP data were released. ADP data was better than expected while GDP data beat expectations. However, true domestic demand metrics showed a trend of contraction, which doesn't fully explain the bond market reaction. Core PCE prices were higher than expected, indicating a risk of higher inflation. Bonds have only partially erased yesterday's gains and the Fed an... more
Jul 30, 2025 6:23 AM
— Mortgage Lenders
Movement Mortgage, Supreme Lending spar over trade secrets
Movement Mortgage and Supreme Lending are in a legal battle regarding a theft of trade secrets case, with one party accused of cutting originators' compensation when customers accepted lower rates. Other mortgage-related legal issues and incidents involving cyber security breaches, fraudulent originations, and money laundering are also mentioned.
Jul 30, 2025 4:00 AM
— Mortgage Rates
Mortgage demand drops to lowest level since May, as interest rates stall
Mortgage interest rates have remained stable, but consumer confidence in the economy is low, leading to a decrease in mortgage applications. Both purchase and refinance activity declined, with low volume skewing annual comparisons. Uncertainty about the economy and job market is impacting potential homebuyers' decisions. Refinance volume is historically low, with rates expected to potentially chan... more
Jul 30, 2025 3:24 AM
— Housing Market
HUD ordered to resume fair housing funds distribution
A federal judge in Washington has ordered the Department of Housing and Urban Development to resume distributing Fair Housing Initiatives Program funds. There are ongoing legal battles and policy changes related to fair housing practices, with various accusations and disagreements between parties.
Jul 30, 2025 3:24 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 30, 2025: Rates stay relatively flat
The article discusses the current mortgage interest rates, refinancing rates, and the advantages and disadvantages of different mortgage terms like 30-year fixed, 15-year fixed, and adjustable-rate mortgages. It emphasizes that mortgage rates are expected to stay stable for the next few months and provides tips to secure a low mortgage refinance rate.
Jul 30, 2025 3:23 AM
— Housing Affordability
The mortgage rate decline it would take to make an average home affordable is 'unrealistic,' Zillow says
Mortgage rates have risen, making home affordability a significant challenge in the U.S. Factors like high home prices, wage stagnation, inventory shortages, and rising insurance and tax costs contribute to the housing affordability crisis. Even with lower rates, finding an affordable home remains difficult for many buyers. Recommendations include compromising on criteria, focusing on building equ... more
Jul 29, 2025 3:23 PM
— Mortgage Rates
Are we heading to 7% mortgage rates? Here's the outlook.
The article discusses how mortgage rates are approaching 7%, which is close to the historical average of 7.71% for 30-year fixed mortgage rates. Various forecasts predict different rates for the upcoming years, ranging from 6.1% to 6.7% by the end of 2026. The article also explains the impact of these rate changes on a $300,000 mortgage loan and highlights the relationship between mortgage rates a... more
Jul 29, 2025 2:24 PM
— Bond Markets
Bonds Firing on All Cylinders After Data and Treasury Supply
The bond market experienced a flow state on Tuesday with steady buying after economic data, a strong 7-yr auction, and additional buying after the auction. Buyers seemed encouraged by friendly data and Treasury supply timing, with yesterday's auctions not benefiting from updated Treasury borrowing estimates. By the time of today's 7-yr auction, buyers felt confident after knowing the quarterly ref... more
Jul 29, 2025 2:23 PM
— Interest Rates
The Fed is expected to hold rates steady as Trump pushes for a cut
The Federal Reserve is expected to leave interest rates unchanged despite President Trump's desire for lower rates to boost the U.S. economy. Inflation concerns, tariff impacts, and potential inflation resulting from trade policies are factors weighing on the Fed's decision. The Fed's key rate does not directly impact mortgage interest rates, which are influenced by factors such as the yield on 10... more
Jul 29, 2025 1:25 PM
— Annuities
Most Popular Annuity Companies
The article discusses the significant increase in annuity sales over the past few years, highlighting seven companies with the highest total annuity sales in the U.S. in 2024. It provides information about each company's offerings, sales volume, market dominance, and financial strength. Annuities are insurance contracts designed to provide a steady income stream, usually in retirement, and the com... more
Jul 29, 2025 12:24 PM
— Interest Rates
Mortgage Rates Moving Down Again
After staying flat for three days, average 30yr fixed rates began to move lower again on Tuesday. The bond market improved throughout the day, leading to a potential further decrease in rates for tomorrow. However, the bond market could shift in either direction tomorrow morning, with potential volatility from economic reports and the Fed announcement in the afternoon.
Jul 29, 2025 10:24 AM
— Bond Markets
Relatively Friendly Labor Market Data Adding to Overnight Gains
Bonds are trading in a boring, narrowing, sideways range overall, but saw some improvement in the morning session. Economic data showed slight declines in job openings and quits, which is seen as a positive for rates. The labor market indicator also showed a decrease in the gap between those who see jobs as plentiful vs scarce.
Jul 29, 2025 10:23 AM
— Housing Market
The U.S. median home price hit a record high—here's what it would cost you per month
Home prices in the U.S. have reached record highs, with the median price for an existing home hitting $435,300 in June. Rising prices, combined with mortgage rates above 6.5%, have made it difficult for buyers to afford homes. Limited inventory and demand from affluent buyers are keeping prices climbing, resulting in lower home sales levels. Mortgage rates are not expected to decrease significantl... more
Jul 29, 2025 9:23 AM
— Tax Deductions for Small Businesses
What the Big, Beautiful Bill means for small businesses
President Donald Trump's One Big Beautiful Bill Act introduced tax cuts and deductions for consumers and businesses. These changes would impact small business owners, workers, and imports. In summary, the bill offers a $25,000 deduction for tipped income, a 20% pass-through deduction for business owners, and repeals the de minimis rule on imported goods under $800. It also extends bonus depreciati... more
Jul 29, 2025 9:23 AM
— Mortgage Rates
Majority of rates decline as Fed set to meet | Mortgage and refinance rates for July 29, 2025
Mortgage interest rates for 30-year fixed, 15-year fixed, and jumbo loans went down while rates for adjustable rate mortgages increased. The Federal Reserve is unlikely to drop its benchmark rate despite growing pressure from the White House. The average rates for different types of mortgages are provided, along with tips for getting the best possible rate when shopping for a mortgage.
Jul 29, 2025 8:24 AM
— Housing Market
Hedging, Borrower Experience; LOs Controlling Their Funnel; Housing and Inflation Numbers
ICE Mortgage Technology estimated that U.S. mortgage borrowers had $11.5 trillion in 'tappable' home equity in the second quarter of 2025, with refinance applications making up 40%. The housing market inventory has increased, but fewer homes have been built in the past decade compared to previous ones, leading to concerns about overpopulation. Additionally, there are record numbers of down payment... more
Jul 29, 2025 8:24 AM
— Interest Rates
Trump urgently wants Jerome Powell to cut interest rates. That won't happen this week, economists say.
President Trump requested the Federal Reserve to lower interest rates, but it's unlikely to happen at the upcoming decision. Fed Chair Powell is cautious about rate cuts due to solid economic conditions and the potential impact of tariffs on inflation. While some FOMC members believe it's time to cut rates, the chances of a rate cut are very low. Experts expect the Fed to hold off on cutting rates... more
Jul 29, 2025 3:24 AM
— Tax Fraud
How the IRS catches tax cheats: 3 ways your tax return may get flagged
The article discusses the consequences of cheating on taxes and the methods the IRS uses to monitor for tax evasion. It mentions the importance of accurately reporting income and expenses, as well as the potential red flags that could trigger IRS scrutiny, such as high business expenses or questionable deductions.
Jul 29, 2025 3:00 AM
— Home Equity Line of Credit (HELOC) Rates
HELOC rates today, July 29, 2025: Rates remain steady ahead of this week's Fed meeting
HELOC interest rates remain steady, waiting on a possible rate cut in September, according to Wall Street predictions. The average APR for a 10-year draw HELOC is 8.72%, ranging from 8.05% to 9.59%. Homeowners have a significant amount of equity in their homes. HELOC rates are different from primary mortgage rates, based on an index rate plus a margin. Shopping around for HELOC rates is crucial fo... more
Jul 29, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 29, 2025: Rates remain steady ahead of this week's Fed meeting
Mortgage rates have remained flat this week with 30-year fixed rates at 6.69% and 15-year fixed rates at 5.92%. Despite calls from President Trump to lower interest rates, the Fed is expected to keep rates steady for the time being. Refinance rates are higher than purchase rates and adjustable-rate mortgages carry their own risks. Economists do not anticipate significant drops in mortgage rates be... more
Jul 29, 2025 2:00 AM
— Interest Rates
While the Fed kept its benchmark unchanged, here's what happened to consumer borrowing rates
The Federal Reserve is expected to keep its key short-term interest rate unchanged this month. This rate affects borrowing and savings rates for consumers. Credit card rates have slightly decreased, auto loan rates have seen little movement, and mortgage rates have hovered between 6.6% to 7.1%. President Trump believes higher rates are hindering economic growth, but experts say a rate cut may not ... more
Jul 28, 2025 6:00 PM
— Housing Market
Spreading housing market softness sees this $23 billion builder offer $50k incentives per sale
The article discusses how homebuilder PulteGroup has increased its incentive spending, particularly on mortgage rate buydowns, due to housing market softening and strained affordability. The company's gross profit has been compressed, but they continue to focus on attracting priced-out homebuyers through incentives and adjusting their sales strategies accordingly.
Jul 28, 2025 1:23 PM
— Mortgage Industry News
Barry Habib on his appointment to the Fannie Mae board
Barry Habib, a mortgage industry expert, was surprised and honored to be approached for a role on the Fannie Mae board after criticizing Federal Reserve Chairman Jerome Powell. The FHFA Director, Bill Pulte, has a history of making regulatory pronouncements. Some speculate that the release of Fannie Mae and Freddie Mac could happen similarly. The two government-sponsored enterprises are realigning... more
Jul 28, 2025 1:01 PM
— Bond Markets
A No Reaction Sort of Day
There were no major economic reports on Monday, but events like Treasury auctions and borrowing estimates for Q3 and Q4 were expected to potentially influence the market. However, there was no significant reaction to these events, and mortgage-backed securities and 10-year yields remained relatively stable.
Jul 28, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Hold Perfectly Flat to Start New Week
Monday in the mortgage rate world saw little movement due to the lack of major economic data. Although there were some scheduled events like Treasury auctions and borrowing estimates, the market remained mostly unaffected by these factors.
Jul 28, 2025 11:00 AM
— Housing Market
A Warning Sign: Homeownership Rate Declines to Lowest Level Since 2019
The article discusses the decline in the homeownership rate to 65% in the second quarter of 2025, which is the lowest level since late 2019. Housing affordability is at a multidecade low due to elevated mortgage interest rates and tight housing supply. Homeownership rates dropped among almost all age groups, with renters increasing and owner-occupied households declining.
Jul 28, 2025 9:00 AM
— Housing Market
Warehouse, MSR Financing, Productivity Tools; Training and Webinars; ABA Interview
The article discusses the varied impacts of weather on different regions of the United States, leading to challenges for lenders and servicers in the real estate market. It also highlights how real estate values in areas like Florida, Phoenix, and Las Vegas can be subject to significant fluctuations, affecting Loan-to-Value ratios. Moreover, it mentions the increasing share of U.S. homes being pur... more
Jul 28, 2025 9:00 AM
— Housing Market
Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months
U.S. existing home sales fell sharply in June 2025 to their lowest level in nine months due to elevated mortgage rates and record-high prices. Sales declined 2.7% from May, reflecting affordability challenges. Despite weak sales, home prices reached an all-time high, leading to an affordability squeeze. Inventory is slowly rebuilding, but undersupply persists, causing price cuts. NAR chief economi... more
Jul 28, 2025 8:00 AM
— Bond Markets
Slowest Day of a Very Busy Week
Despite the announcement of a US-EU bilateral trade deal, markets have not moved significantly. 10yr yields were briefly lower but are now slightly higher, possibly due to cautiousness surrounding US/China negotiations. This week features two big Treasury auctions a day earlier than normal, along with upcoming economic data releases and a Fed announcement. Rates have stagnated around 4.5% since la... more
Jul 28, 2025 6:00 AM
— Mortgage Lending
US Housing Market Posts Worst Spring Selling Season in 13 Years
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Jul 28, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for July 28, 2025: Rates have inched upward since last July
Current mortgage interest rates have remained somewhat flat this week, with the average 30-year fixed mortgage rate being 6.68% and the average 15-year fixed mortgage rate being 5.91%. Rates have increased since the previous year despite expectations of a decrease. To lock in a mortgage, one should focus on the timing rather than following interest rate trends. Factors like property taxes, homeown... more
Jul 27, 2025 10:00 AM
— Mortgage Security
Waiting for mortgage rates to fall before buying a home? Here's why you shouldn't
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Jul 26, 2025 10:00 AM
— Tax Law Changes Impacting Mortgages
Trump's 'Big, Beautiful Bill': Here's When Key Tax Laws Go Into Effect
The article discusses the recent tax law changes signed by President Donald Trump, including provisions such as an expanded child tax credit, increased SALT deduction, deduction for auto loan interest, bonus deductions for seniors and service workers, reduced income tax rates, changes to health care subsidies and qualifications for health savings accounts. The article also mentions clean energy ta... more
Jul 26, 2025 8:02 AM
— Bond Markets
Trade Headlines Trump Durable Goods Data, But Minimal Change Either Way
Bonds started strong but weakened in the overnight session. There was some selling in the first hour, but it did not align with the weaker-than-expected Durable Goods data at 8:30 am. The market moved more significantly after Trump made comments around 9am, including discussions on trade deals and interest rates. The volume spike and bond reversal may have been influenced by his comments.
Jul 26, 2025 8:00 AM
— Mortgage Rates
Treasury Market Sees No Rate Cut by Sept., 30-Year Treasury Yield Near 5%: The Yield Curve and “Real” Mortgage Rates
The 6-month Treasury yield, which is a good predictor of rate hikes and cuts by the Fed, is currently not indicating any rate cuts within 2-3 months. The bond market is nervous about inflation, the Fed's actions, and the influx of new Treasury debt. Mortgage rates run parallel to the 10-year Treasury yield but at a higher rate, and have been in the range of 6.74% all year. Real mortgage rates have... more
Jul 26, 2025 8:00 AM
— Mortgage Rates
Sales Are Down While Mortgage Applications Are Up
Mortgage rates have remained stable for the past three years despite expectations of a decrease. Housing market conditions are influenced by various factors such as listing inventory, builder incentives, and stable prices. The administration's economic policies, including tariffs and deficit increase, have contributed to inflationary pressures and are preventing significant drops in mortgage rates... more
Jul 26, 2025 4:24 AM
— Tax Deductions
Trump's New Car Loan Interest Deduction — Here's How To Qualify For A Tax Break
A new tax break allows car buyers to deduct up to $10,000 in auto loan interest annually from their federal income taxes if they purchase a new car from 2025 to 2028. The deduction is available regardless of whether the taxpayer itemizes or takes the standard deduction, but it has income-based limits and starts phasing out beyond certain thresholds.
Jul 26, 2025 3:01 AM
— Housing Market
FHFA set to end equitable housing finance plans for GSEs
The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule to comply with Pres. Trump's executive orders. They believe the rule is redundant as other agencies already administer similar laws. Additionally, there are discussions about potential plans regarding Fannie Mae and Freddie Mac's future.
Jul 26, 2025 3:00 AM
— Mortgage Rates
Worth waiting? This is the mortgage rate homebuyers say will push them to move.
High home prices and mortgage rates are making homeownership challenging for many potential buyers and sellers, leading to a slowdown in home sales. The National Association of Realtors predicts that if mortgage rates were to drop to 6%, an additional 5.5 million households would be able to afford a home. However, rates have not been below 6% in nearly three years, causing homeowners who bought or... more
Jul 26, 2025 3:00 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, July 26, 2025: Current home equity line of credit rate holds firm
The article discusses the current national average HELOC interest rate, explaining how a HELOC works as a second mortgage with your home as collateral. It provides information on the average APR, the value of home equity in the country, differences between HELOC rates and primary mortgage rates, and factors that influence HELOC rates and terms. Various lenders offer different rates and terms, and ... more
Jul 26, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 26, 2025: Fixed mortgage rates see marginal changes
The article discusses the current mortgage interest rates, offering insight into how to lock in an interest rate when buying a house, considerations for different mortgage terms like 30-year fixed, 15-year fixed, and adjustable-rate mortgages, and factors that influence mortgage rates. It also touches on strategies to secure low mortgage refinance rates, explaining how credit score, debt-to-income... more
Jul 26, 2025 2:00 AM
— Housing Market
Home sales are down. So why are prices at an all-time high?
The housing market has slowed down this year due to high prices and elevated mortgage rates. Home prices hit an all-time high in June, with sales numbers decreasing. The market is currently divided between those who can afford high-priced homes and those who are being shut out. Sales are strongest in the high-end market, with homes priced over $1 million seeing a sales spike. The market is discour... more
Jul 25, 2025 2:00 PM
— Bond Markets
Bonds Brace For Stormier Weather After This Week's Smooth Sailing
Bonds traded with forgettable, sideways momentum this week with minor fluctuations. Friday saw gains due to optimism surrounding U.S./EU trade talks, leading to steady sideways movement. The upcoming week is expected to have more volatility with relevant events daily, including Friday's big jobs report.
Jul 25, 2025 2:00 PM
— Mortgage Rates
Mortgage Rates End Week Unchanged. Next Week, Probably Not...
The week was uneventful in terms of mortgage rates, with rates remaining unchanged as of Friday afternoon. Improvement in relations between the Trump administration and Fed Chair Powell helped stabilize the bond market, leading to rate stability. Next week is expected to bring more volatility, with big events scheduled each day, including the release of the jobs report on Friday.
Jul 25, 2025 11:00 AM
— Housing Market
GSEs could exit conservatorship fast, experts say
The article discusses the potential unexpected and quick exit of government-sponsored enterprises from conservatorship. It also mentions the Community Investment and Prosperity Act that could unlock billions in capital for affordable housing. Additionally, it talks about a repeal of a Biden-era fair housing policy and repositioning of Common Securitization Solutions by government-sponsored enterpr... more
Jul 25, 2025 10:01 AM
— Mortgage Finance
Lenders Losing Some Market Share Among Foreign Buyers
The article discusses the latest trends in the housing market, highlighting an increase in mortgage rates due to rising treasury yields. This increase in rates is leading to a slight slowdown in mortgage lending activity.
Jul 25, 2025 10:00 AM
— Mortgage Finance
FHA Default Rates Increase in 2Q25, VA Performs Better
The article discusses various aspects of mortgage finance publications and the importance of design, content management systems, hosting, and web development in the industry. It highlights the role of these components in creating engaging and informative mortgage-related content.
Jul 25, 2025 9:33 AM
— Retirement Savings and Education Funding
Ask The Experts: How To Balance Saving For Retirement And My Child’s Future
The article discusses the importance of balancing saving for retirement with saving for your child's future, such as college expenses or a wedding. It suggests starting with a clear understanding of your specific goals, developing a budget, and reassessing your plan regularly. Financial advisors recommend not sacrificing your retirement savings to prioritize your child's college fund.
Jul 25, 2025 9:00 AM
— Government Intervention and Mortgage Rates
HELOC Products; HUD, FHA, and Ginnie News; Unscripted Powell and Trump
The article discusses a variety of topics related to the mortgage industry, including a video clip of President Trump and Fed Chair Powell discussing interest rates, the acquisition of NFTYDoor by Homebridge for AI-powered mortgage lending, best practices for lock desk operations, and the expansion of MAXEX's Non-Delegated Program. It also covers government product news regarding changes to Mortga... more
Jul 25, 2025 9:00 AM
— Mortgage Finance
Inflation Likely Cause of Higher FHA Delinquencies: Study
The article discusses the latest trends in the mortgage market, including changes in mortgage rates and housing market conditions. It also highlights the impact of interest rates on mortgage lending and borrower behavior.
Jul 25, 2025 8:02 AM
— Mortgage Lending
Hedging, Correspondent, AI Answer, Subservicing, Processing, Fee Modeling Tools; Classes, Training, and Webinars
The article discusses various mortgage-related topics such as the average home price in Utah, state-level fraud rankings, the percentage of homeowners without a mortgage, and the impact of fee changes on lenders. It also mentions different mortgage-related services and software available for lenders and brokers.
Jul 25, 2025 8:00 AM
— Mortgage Rates
Ken Paxton Claimed Three Houses as His Primary Residence, Records Show
The attorney general of Texas, who is challenging Senator John Cornyn, may have obtained favorable mortgage rates and potentially violated the law by falsifying loan documents.
Jul 25, 2025 5:00 AM
— Mortgage Lenders
Barry Habib added to Fannie Mae board
Barry Habib, CEO of MBS Highway, has been named to the Fannie Mae board. There is political pressure on the Federal Reserve chairman due to social media posts about inflation. The Treasury's need to finance growing debt is impacting monetary policy and housing costs. The 30-year fixed-rate mortgage is stable post-tariff spike. Fannie Mae and Freddie Mac are repositioning Common Securitization Solu... more
Jul 25, 2025 3:23 AM
— Mortgage Lending
Mortgage Interest Rates Today: Mortgage Rates Change Little Ahead of Fed Decision
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Jul 25, 2025 3:00 AM
— Housing Market
Trump lifts tariff baseline rate to 15%, US mortgage rates hold steady, White House unveils AI plans
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Jul 25, 2025 3:00 AM
— Interest Rates
Federal Reserve likely to hold interest rates steady despite pressure from Trump. Here's what that means for your money
President Donald Trump and Fed Chair Jerome Powell are at odds over interest rates, with Trump advocating for a sharp decrease to stimulate economic growth. The Fed has held off on rate cuts due to uncertainty and inflation risks posed by Trump's tariff agenda. While the fed funds rate has remained steady, mortgage rates are not directly linked to the Fed and remain high due to concerns over tarif... more
Jul 24, 2025 3:00 PM
— Bond Markets
Reasonably Resilient After Data-Driven Selling
The Jobless Claims report was the most relevant economic report of the week. It pushed yields slightly higher, but bonds were able to recover at the NYSE open. There was no major reaction to the S&P PMI data, and by the end of the day, MBS were down only 2 ticks and the 10yr was up 1.9bps.
Jul 24, 2025 2:01 PM
— Mortgage Finance
Lenders Waiting for Interest Rates to Decline (IMF)
Executives at mortgage companies are expecting an increase in originations once interest rates on mortgages decrease. However, projections from the MBA indicate that rates are unlikely to change much for the remainder of the year.
Jul 24, 2025 2:00 PM
— Mortgage Lending
Credit scores are not the issue
The article discusses FHFA Director Bill Pulte's decision to have Fannie Mae and Freddie Mac accept Vantagescore 4.0 credit scores for mortgage underwriting, sparking a debate over competition in mortgage credit scoring. The industry is caught off guard by this announcement as issues with infrastructure and policy alignment still remain. Pulte's decision is met with skepticism due to lack of detai... more
Jul 24, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Drift Slightly Higher Again
Mortgage rates have increased slightly over the past two days following a 5-day decline. The increase has been minimal with most borrowers experiencing similar rates compared to last week. Economic data plays a significant role in bond movements, with next week's jobs report expected to have a larger impact compared to this week's data. Despite Jobless Claims being lower than expected today, rates... more
Jul 24, 2025 11:00 AM
— Interest Rates
Trump says cutting interest rate will make homebuying cheaper. It's not that simple
President Trump blames Federal Reserve Chair Jerome Powell for high home prices, arguing that the Fed should lower interest rates to help people afford homes. However, Robert Reich warns that lowering interest rates may not necessarily make mortgages cheaper, as it could affect the Fed's credibility in fighting inflation. Reich also points out that a rush of demand due to interest rate cuts could ... more
Jul 24, 2025 11:00 AM
— Mortgage Rates
When will mortgage rates go down? Predictions as rates stall.
The article discusses the current mortgage interest rates, which have stalled at 6.74% for a 30-year fixed-rate mortgage. It explains that waiting for rates to drop significantly might not be a viable option, as current financial data suggests little relief in interest rates in the near future. The article also touches on the relationship between federal funds rate, Treasury yield, and mortgage ra... more
Jul 24, 2025 10:25 AM
— Mortgage Rates
Fannie Mae cuts rate forecast, raises volume outlook
Fannie Mae predicts lower mortgage rates and higher sales volume for this year and next. Rocket Companies reduces its workforce after the Redfin merger. Mr. Cooper sees profits surge in Q2 despite missing estimates.
Jul 24, 2025 10:00 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.74%, keeping home loan borrowing costs elevated
The average rate on a 30-year U.S. mortgage slightly decreased this week, but remains high compared to previous years. Elevated mortgage rates are impacting the U.S. housing market, causing a sales slump since 2022. The main factors influencing mortgage rates include Federal Reserve interest rate policy decisions and bond market investors' expectations.
Jul 24, 2025 10:00 AM
— Mortgage Rates
Mortgage rates inch lower this week
Mansion Global host discusses President Trump's potential decision to end capital gains taxes on home sales. Freddie Mac reports a slight decrease in mortgage rates, with the average rate on a 30-year fixed mortgage falling to 6.74%. The housing market is seen positively due to a strong economy with solid employment and income growth.
Jul 24, 2025 9:01 AM
— Mortgage Finance
Researchers Analyze Reasons for Housing Shortfall
The article discusses the current trends and statistics in the mortgage market. It provides insights into mortgage rates, housing market conditions, and the role of mortgage lenders in the industry.
Jul 24, 2025 9:00 AM
— Mortgage Finance
Fannie Economists Slash Home Price Projections for 2025
The article discusses the latest trends and developments in the mortgage industry as of 2025.
Jul 24, 2025 9:00 AM
— Mortgage Finance
Lenders Waiting for Interest Rates to Decline
The article discusses the latest updates and trends in the mortgage finance industry. It may cover topics such as mortgage rates, housing market trends, and developments in mortgage lending.
Jul 24, 2025 9:00 AM
— Mortgage Rates
Mortgage rates hold steady at 6.74%
Mortgage rates remained flat this week, with the average 30-year fixed rate at 6.74% and the average 15-year fixed rate at 5.87%. Housing market outlook seems positive with solid economic performance, but sales volume for existing homes is expected to fall.
Jul 24, 2025 9:00 AM
— Mortgage Finance
Grapevine: US Bank Sells Low-Rate Mortgages; Tariffs Taking a Toll
The article discusses the latest trends and updates in the mortgage industry, focusing on interest rates and housing market conditions. It provides insights into how these factors are influencing mortgage lending and home purchasing decisions.
Jul 24, 2025 9:00 AM
— Home Equity
The Racial Gap In Building And Borrowing Home Equity
The article discusses the significant racial disparities in accumulating and accessing home equity, which is crucial for building wealth and financial security. Black and Hispanic homeowners face challenges in building home equity due to lower home values, larger down payment requirements, lending discrimination, and inaccurate home appraisals. These barriers limit their access to loans, hampering... more
Jul 24, 2025 9:00 AM
— Mortgage Lending
Mortgage Rates in US Inch Down, Sending 30-Year Loans to 6.74%
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Jul 24, 2025 6:00 AM
— Housing Market
U.S. Homes Are Not Selling, and Prices Continue to Rise
In June, sales of existing homes in the U.S. dropped from the previous month, according to the National Association of Realtors.
Jul 24, 2025 6:00 AM
— Bond Markets
Some Selling Before and After Jobless Claims
Jobless claims data remains strong, with the 4 week average at a 13 week low. This is one of the few actionable reports this week, leading to a small negative reaction in the bond market.
Jul 24, 2025 3:01 AM
— Job Market Trends
Survey: Nearly 1 In 2 Workers Plan To Search For A New Job In The Coming Year
Despite a mixed job market with limited openings and high unemployment rate for certain industries, nearly half of workers are likely to search for a new job in the next 12 months. This trend, called the 'Great Stay,' shows workers mostly staying put in their current roles. Workers are also likely to ask for raises, more workplace flexibility, or even consider starting their own business. Overall,... more
Jul 24, 2025 3:00 AM
— Bond Markets
Broadly Calm Despite Modest Pull-Back
The article discusses the recent gains in the bond market and the subsequent weakness seen due to sideways momentum and lower volatility. The trade deal progress between the US and Japan impacted stocks positively but caused bonds to weaken. Despite some fluctuations, the bonds are stabilizing at slightly weaker levels.
Jul 24, 2025 3:00 AM
— Housing Market
Buyers See More Choices, Lower Prices in New Home Market
The latest New Home Sales report for June shows a slight increase in sales compared to May, but a decrease from the previous year. The housing market is experiencing some cooling with median prices dropping, providing relief for buyers. However, elevated mortgage rates and excess inventory continue to constrain demand.
Jul 24, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 24, 2025: Rates continue their downward trend
The article discusses the decline in mortgage interest rates, providing examples of the average rates for various types of mortgages. It also explains the difference between fixed-rate and adjustable-rate mortgages, how mortgage rates are impacted by the economy, factors influencing mortgage rates, and the benefits of 30-year and 15-year mortgages. Additionally, the article highlights the importan... more
Jul 24, 2025 2:00 AM
— Mortgage Rates
The Mortgage Rate Shift That Could Change the Housing Market
Experts believe a modest decline in mortgage rates could help boost home sales and revive the U.S. housing market. If rates were to drop to 6 percent, an additional 5.5 million households, including 1.6 million renters, would be able to afford a home. The rising costs of buying a home and persistently high borrowing costs are key issues affecting the market. Economists see a drop to 6 percent as a... more
Jul 23, 2025 4:00 PM
— Mortgage Rates
Intel earnings, new-home sales, mortgage rates: What to Watch
On Thursday, July 24th, investors are advised to watch out for earnings reports from companies such as Honeywell, Union Pacific, Blackstone, Keurig Dr. Pepper, Intel, and Deckers. New-home sales data for June is expected to show an uptick to 650,000 units. Additionally, weekly mortgage rate data from Freddie Mac will be released, with rates on the 30-year fixed mortgage already at 6.75% after risi... more
Jul 23, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Dip To Lowest Level In Three Weeks
The article discusses the current state of mortgage rates, affordability challenges for homebuyers due to high prices and interest rates, the impact of Federal Reserve decisions on mortgage rates, and the influence of President Trump's tariff policies on inflation and Treasury yields.
Jul 23, 2025 12:01 PM
— Mortgage Rates
Mortgage Rates Tick Higher, But Just Barely
Mortgage rates have seen a modest improvement since last week, with daily small improvements until today where they ended up slightly higher. Rates have been flat for the week overall, with minimal economic data as motivation. Tomorrow will bring more active economic data, potentially increasing volatility slightly.
Jul 23, 2025 10:01 AM
— Mortgage Lenders
Fannie Mae faces bias suit after mass firing over fraud
Former Fannie Mae workers are suing their former employer for discrimination after being fired over fraud allegations. Rocket Companies reduced its workforce after a merger and plans to discontinue Rocket Card. J.D. Power reported that servicers had lower customer service satisfaction scores compared to mortgage originators. Multiply Mortgage offers interest rate discounts and perks for employees ... more
Jul 23, 2025 9:00 AM
— Housing Market
High Prices and Rates Keep Home Sales Near Cycle Lows
Existing home sales declined by 2.7% in June to a seasonally adjusted annual rate of 3.93 million, leaving activity just above recent lows and still 25% below long-term norms. Year-over-year sales remained unchanged nationally. The housing market continues to struggle, with sales levels remaining well below historic norms and affordability remaining a major issue. High mortgage rates are cited as ... more
Jul 23, 2025 8:01 AM
— Bond Markets
Weaker Start After Japan Trade Deal
The article discusses how market movements are being analyzed without any actionable economic data this week. The announcement of a trade deal with Japan boosted stocks and hurt bonds, leading to some selling in the domestic trading session but not enough to break above this week's high yields.
Jul 23, 2025 8:00 AM
— Mortgage Rates
NAR Existing-Home Sales Report Shows 2.7% Decrease in June
Existing-home sales decreased by 2.7% in June, with declines in the Northeast, Midwest, and South but a modest rise in the West. High mortgage rates are a factor in keeping sales low, and more supply is needed to accommodate first-time homebuyers. NAR Chief Economist Lawrence Yun highlights the growth in homeowner wealth and stresses the importance of decreasing mortgage rates to increase home sal... more
Jul 23, 2025 8:00 AM
— Housing Market
US home sales fade in June as prices soar to record levels
Sales of previously owned U.S. homes dropped in June to the slowest pace since last September due to high mortgage rates and record-high national median prices. Despite an increase in homes for sale, prices continue to rise as sales slow. First-time homebuyers are struggling with affordability, while those able to afford current rates or pay in cash are benefiting from more available properties. T... more
Jul 23, 2025 7:00 AM
— Housing Market
June home sales drop as prices hit a record high
Sales of previously owned homes in June fell 2.7% from May to 3.93 million units, with high mortgage rates being a major factor. The average rate on the 30-year fixed mortgage remained above 6.8%. Supply of homes for sale increased by 15.9% year over year, while the median home price reached a record high of $435,300. Sales are stronger in higher-end markets, with homes priced above $1 million see... more
Jul 23, 2025 6:01 AM
— Mortgage Rates
Mortgage Apps Eke Out Small Gain Thanks to Purchase Activity
Mortgage application activity saw a modest increase last week despite higher rates, with the 30-year fixed rate reaching 6.84%. Purchase applications were up, driven by conventional loans, but refinance applications declined. Despite affordability concerns due to rising rates, there has been a slight improvement in rates this week.
Jul 23, 2025 5:00 AM
— Mortgage Lenders
CFPB Warning; Elizabeth Warren & Bill Pulte; Non-Agency News
The article discusses the importance of working with mortgage companies that have strong ownership for long-term success in the industry. It also mentions the recent addition of a top loan officer to the Federal Savings Bank. Additionally, it touches on employment opportunities in the mortgage industry and the need for compliance with regulations like Fannie Mae's Information Security and Business... more
Jul 23, 2025 4:00 AM
— Mortgage Rates
Mortgage demand flatlines at low levels, as mortgage rates hit 4-week high
Mortgage rates rose to the highest level in four weeks, but mortgage demand remained steady. Refinance applications fell 3% for the week, while purchase loan applications rose 3%. The 30-year fixed rate is still too high for many borrowers, impacting refinance applications. Mortgage rates moved slightly lower at the start of the week following positive market reactions to details regarding Federal... more
Jul 23, 2025 3:00 AM
— Mortgage Lenders
Home Sales May Fall to New 30-Year Low in 2025 as Mortgage Rates Remain Elevated
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Jul 23, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 23, 2025: Home loan rates see slight shifts
Mortgage interest rates are moving in opposite directions based on loan terms, with the average 30-year fixed rate dropping slightly while the 15-year mortgage rate increased. Due to traders adding bonds to the 10-year Treasury, Treasury yields fell 0.69%, potentially affecting mortgage rates if the trend continues. The article provides the current mortgage rates and refinance rates, highlighting ... more
Jul 22, 2025 5:01 PM
— Interest Rates
Pennymac profit jumps 79% despite hedge losses
Pennymac had a more productive second quarter but faced financial losses due to hedging results during early spring rate volatility. Multiply Mortgage is offering homebuying perks and securing lower interest rates for employees at certain companies. Four of the nation's homebuilders saw a decline in profitability due to choppy market conditions, including elevated mortgage rates.
Jul 22, 2025 2:00 PM
— Bond Markets
Solid AM Gains Stick Around All Day
Bonds improved in the morning after comments from Bessent, who is seen as the voice of reason in defusing market frenzy over potential ouster. Additional gains came from NYSE tradeflows. Stocks sank in the morning but rebounded in the afternoon without pushing bond yields higher. MBS and 10yr bonds saw gains throughout the day, reaching their best levels by the end of the day.
Jul 22, 2025 1:00 PM
— Interest Rates
Mortgage Rates Inch Down to 2-Week Lows
Market reacted to Fed Chair Powell ending his term early with only the shortest-term rates improving and most consumer rates, including mortgages, moving higher. Bonds dictate interest rates and the response reversed after Trump said he wasn't planning on firing Powell. Treasury Secretary Bessent's comments supporting Powell helped the rate market react positively. Mortgage lenders slightly lowere... more
Jul 22, 2025 12:00 PM
— Housing Market
U.S. Home Prices Edge Down 0.1% in June, Falling in Most Major Metros
The article discusses the current trends in the housing market, noting a decrease in home sales and an increase in prices in certain regions. It also mentions the impact of low inventory levels on the market and how this is creating a competitive environment for buyers.
Jul 22, 2025 8:01 AM
— Bond Markets
Bonds Approve of Bessent Comments and Stock Volatility
Stock market volatility is impacting both stock and bond markets, with earnings season increasing volume and liquidity. Positive movement in the bond market occurred after comments from Bessent regarding trade negotiations and Fed Chair Powell. Bessent's efforts seem to be helping yields move lower to decrease Treasury's interest burden.
Jul 22, 2025 6:00 AM
— Mortgage Websites
The Latest Mortgage Rate Forecasts
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Jul 22, 2025 5:00 AM
— Mortgage Lending
This company can help you get the low mortgage rates of years ago.
RetroRate is a new company offering a software tool that identifies homes with assumable mortgages, which can potentially save buyers over $1,000 per month. However, the process can be time-consuming and involves working with the existing mortgage servicer. RetroRate offers a concierge service to assist buyers and sellers through the process for a fee. Assumable mortgages can be beneficial for bot... more
Jul 22, 2025 3:00 AM
— Mortgage Lenders
Rate buydowns, negotiations, and nepo money: Here's how people are affording homes in today's market
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Jul 22, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 22, 2025: Mortgage rates trend downward
Mortgage rates have seen a noticeable drop recently with the 30-year fixed rate dropping by six basis points to 6.66% and the 15-year fixed rate falling by 15 basis points to 5.82%. The drop is attributed to the rise in stock market analysts gaining cautious optimism and the increase in bond positions, including the 10-Year Treasury. The article also discusses how mortgage rates vary depending on ... more
Jul 21, 2025 4:00 PM
— Mortgage Rates
Why the 'lock-in' phenomenon is gripping American homeowners
A new survey from Bankrate found that more than half of U.S. homeowners are uncomfortable selling their homes in 2025, regardless of the mortgage rate, showing an increase in caution from previous years. Homeowners with low, fixed-rate mortgages are hesitant to sell due to the fear of losing their favorable interest rates, known as the 'lock-in' phenomenon. Many homeowners are waiting for mortgage... more
Jul 21, 2025 3:01 PM
— Bond Markets
Uneventful Resilience
The bond market showed moderate resilience on Monday, with yields lower across the board, particularly for longer-term notes. The motivation for the market movement is assumed to come from technical factors and trading in other markets. Earnings season is contributing to increased volume and volatility around 9:30am and 4pm.
Jul 21, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Move Slightly Lower to Start New Week
Mortgage rates slightly decreased on Monday, with the average lender dropping by 0.03% for a top tier 30yr fixed scenario compared to last Friday. This marks the 4th consecutive business day with a slight improvement, bringing rates back to their lowest levels since July 3rd. This week is expected to have less volatility in rates due to the absence of high-impact economic data like the Consumer Pr... more
Jul 21, 2025 12:00 PM
— Mortgage Lenders
How To Find The Best Annuities With Low Fees
Annuities can provide guaranteed income in retirement but are complex to compare due to multiple types and fees. Advisors can use special software to compare annuities, while insurance agents can help with shopping. Websites like IncomeSolutions.com and DIY approach can also be used to compare annuity options.
Jul 21, 2025 11:01 AM
— Mortgage Rates
Most rates increase: How long will rates stay here? - Today's mortgage and refinance rates, July 21, 2025
Mortgage rates have mostly increased compared to a week ago, with rates for 30-year fixed, 15-year fixed, and ARMs going up, while rates for jumbo mortgages have decreased. The rise in rates is attributed to higher inflation, which may lead to the Federal Reserve keeping interest rates stable at the next meeting. Homeowners are hesitant to buy or sell due to rate movements, with forecasts indicati... more
Jul 21, 2025 9:00 AM
— Bond Markets
Stronger Start on Another Quiet Calendar Week
This week's economic calendar is relatively quiet, with scheduled speeches from Fed members not touching on monetary policy due to the Fed's blackout period. The S&P PMI and Jobless Claims data may prompt some reactions, but overall, both stocks and bonds are making gains. Technicians are focusing on technical indicators such as support at 4.50% in 10yr yields last week and the nearness to the 100... more
Jul 21, 2025 7:17 AM
— Housing Market
America’s best states to retire in 2025: New Hampshire takes the top spot
Bankrate's 2025 Best and Worst States to Retire Study revealed that New Hampshire is the top state for retirees in 2025, followed by Maine, Wyoming, Vermont, and Idaho. The study considered factors like affordability, health care, neighborhood safety, access to healthcare, air quality, and recreational opportunities in ranking the states. New England and Western states dominated the top 10, while ... more
Jul 21, 2025 7:00 AM
— Housing Market
Goldman's Mid-Year Housing Outlook
Goldman Sachs Senior economist Ronnie Walker predicts slowing construction and price growth in the housing market due to sustained high mortgage rates affecting housing turnover and homeowners' ability to sell and buy new homes. Existing home sales are forecasted to be 23% below 2019 levels. Single-family housing starts are expected to decline by 11% this year. House prices are projected to rise b... more
Jul 21, 2025 5:00 AM
— Social Security Benefits
Ask an Advisor: Can I Take My Late Husband's Social Security and Switch to My Benefit at 70?
Felicia, a widow, is wondering if she can draw her late husband's Social Security benefits at age 67 or 68 and then switch to her own at age 70. The article explains the difference between spousal benefits and survivor benefits, noting that survivor benefits do not have deemed filing rules like spousal benefits. It clarifies that she can claim her survivor benefit at 67 and then wait until 70 to f... more
Jul 21, 2025 5:00 AM
— Mortgage Rates
Buyers May Have Accepted a New Norm on Rates
Mortgage rates are in the high 6% range, making it challenging for buyers, but more first-time buyers are entering the market due to increased inventory and more predictable interest rates. Mortgage applications have increased compared to a year ago, indicating a positive trend in the market.
Jul 21, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for July 21, 2025: Rates have increased since last July
Current mortgage interest rates have changed little, with the average 30-year fixed rate at 6.72% and the 15-year fixed rate at 5.97%. Rates have increased since last year, contrary to expectations of a fall. Choosing to buy a house should depend on personal timing rather than rate trends. The article also provides details about refinance rates, the use of mortgage calculators, and adjustable-rate... more
Jul 20, 2025 6:00 PM
— Interest Rates
China keeps benchmark lending rates steady as economic growth stays strong
China kept its benchmark lending rates steady amidst weak consumer sentiment and softening growth. The 1-year loan prime rate remains at 3.0% and the 5-year LPR at 3.5%. GDP growth in the second quarter was 5.2%, higher than expected, while retail sales growth in June slowed. Analysts predict economic fundamentals could worsen in the second half of the year, leading to potential further policy eas... more
Jul 20, 2025 2:00 PM
— Housing Market
Top economist sounds the alarm even louder on the housing market and says homebuilders are ‘giving up’
Moody's Analytics chief economist Mark Zandi warns that the housing market outlook is rapidly deteriorating, with home sales, homebuilding, and prices set to slump unless mortgage rates drop significantly from their current near 7%. Existing home sales rose in May but marked the slowest sales pace for any May since 2009. Sales of new single-family homes and housing starts have decreased as well. H... more
Jul 20, 2025 2:00 PM
— Housing Market
Top economist sounds the alarm even louder on the housing market and says homebuilders are 'giving up'
Moody's Analytics chief economist Mark Zandi warns that the housing market is weakening and will likely become a significant drag on overall economic growth. Home sales, homebuilding, and house prices are all expected to decline unless mortgage rates drop significantly from their current near 7% level, which seems unlikely. Builders are cutting prices, and increased supply is putting further press... more
Jul 20, 2025 3:01 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, July 20, 2025: Home equity line of credit rates are unchanged, remaining under 9%
The article discusses how the HELOC interest rate has remained stable recently, making it a good option to access a home's cash value. It explains the current average APR rate for a HELOC and emphasizes the importance of shopping around for the best rates and terms. The article also highlights the benefits of maintaining a low-rate primary mortgage while utilizing a HELOC for various needs.
Jul 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 20, 2025: Economists expect rates to stay high
The article discusses the current mortgage rates in the market, indicating that even though there are fluctuations, the changes are relatively small. It mentions the average rates for 30-year fixed mortgages, 20-year fixed mortgages, and 15-year fixed mortgages. The Mortgage Bankers Association's forecast suggests a slight decrease in rates by the end of the year. It also provides information on m... more
Jul 19, 2025 7:00 AM
— Mortgage Finance
NAR Economist Forecasts Growth in Home Sales in 2026 (IMF)
NAR Economist Lawrence Yun predicts a 14% growth in home sales in 2026 if mortgage interest rates drop to 6%. However, economists at Fannie Mae and MBA have recently revised their expectations for mortgage rate decreases.
Jul 19, 2025 4:00 AM
— Mortgage Rates
Why Lower Mortgage Rates May Not Make Buying a Home More Affordable
The housing market is currently experiencing high mortgage rates, which are making homes unaffordable for many buyers. While lower mortgage rates could potentially lead to more buyers entering the market, it is uncertain whether they will actually lower home prices. Lower rates may increase demand first, especially among millennials, but if rates drop low enough, more sellers might enter the marke... more
Jul 19, 2025 4:00 AM
— Mortgage Finance
Sagging Home Prices Threaten Some Mortgage Markets
The article discusses the latest trends in the mortgage lending industry, focusing on how mortgage lenders are adapting to changing market conditions. It highlights the importance of staying competitive in the market and leveraging technology to streamline processes and improve customer experience.
Jul 19, 2025 3:01 AM
— Mortgage Rates
Single-family construction is getting worse due to rates
The article discusses how Federal Reserve policy is too restrictive for housing production to grow, impacting the fight against inflation. Despite cooling mortgage rates, a policy standstill is keeping them elevated. The data shows that single-family construction is not improving and in fact, getting worse.
Jul 19, 2025 3:01 AM
— Mortgage Processing
Single-Family Home Construction Dips as Builders Admit Making Price Cuts To Spur Sales
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Jul 19, 2025 3:01 AM
— Interest Rates
Trump Vs. Powell: How Investors Could Come Out As Big Losers In Fed Fight
President Donald Trump is pushing for lower interest rates, but Federal Reserve Chair Jerome Powell is hesitant due to inflation concerns. Trump's introduction of global tariffs and increased deficit spending are expected to raise inflation levels. Powell and the Fed are prioritizing stable prices and maximum employment over Trump's demands for lower rates. Investors are concerned that if interest... more
Jul 19, 2025 3:01 AM
— Mortgage Technology
Broker, Warehouse, Valuation Tools; loanDepot's LO Comp Lawsuit; MBA's MAA Campaign
The article discusses the use of AI in various industries such as airline ticket pricing, social media, and deepfake protection. It also highlights the importance of user-friendly mortgage technology for lenders and brokers to increase adoption rates. Additionally, it includes information about upcoming conferences, product offerings, and partnerships in the mortgage industry.
Jul 19, 2025 3:01 AM
— Housing Market
Builder Outlook Ticks Up Despite More Price Cuts and Less Buyer Traffic
The National Association of Homebuilders (NAHB) and Wells Fargo's latest Housing Market Index (HMI) shows that builders are placing their hopes on the future, as builder confidence rose slightly but remained below the key threshold of 50. Factors like high mortgage rates, construction costs, and affordability challenges are still weighing on builders. Many builders are offering price reductions an... more
Jul 19, 2025 3:01 AM
— Bond Markets
Slow Green Friday
At the end of the week, the market is experiencing stability with only minor economic reports like Consumer Sentiment and residential construction numbers. Bonds were green overnight and remain positive as we head into the afternoon. Overall, the market is unchanged for the week.
Jul 19, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 19, 2025: Fixed mortgage rates see marginal changes
Today's mortgage interest rates have shifted slightly, with the 30-year fixed mortgage rate sitting at 6.72% and the 15-year fixed rate at 5.97%. It could be wise to lock in an interest rate while rates are flat, and there are options like rate buydown programs. Mortgage rates are higher for refinancing than for buying a house. The article also discusses the pros and cons of different mortgage ter... more
Jul 18, 2025 3:00 PM
— Mortgage Lending
Housing Market Sends Mixed Signals as Inflation and Mortgage Rates Inch Up
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Jul 18, 2025 2:01 PM
— Bond Markets
Needle Threaded. Now What?
This week there were potential high-impact events such as the CPI data and Trump/Powell headlines that could have caused big moves in bonds/rates, but the actual impact varied. Ultimately, the market ended the week almost unchanged from the previous week.
Jul 18, 2025 2:01 PM
— Mortgage Rates
Mortgage Rates Barely Budge Today and This Week
Despite the potential for a big reaction to inflation data, mortgage rates managed to hold flat overall for the week. Friday saw a small decrease in rates, but overall, things remained relatively stable. There was no decisive momentum from the week's events, and it is unlikely that there will be another significant reaction until the first week of August.
Jul 18, 2025 12:01 PM
— Mortgage Rates
Rising Rates Hit Mortgage Apps, But Pace Remains Better Than 2024
Mortgage application activity decreased significantly last week due to higher rates, with the Composite Index falling 10.0% on a seasonally adjusted basis. Refinance applications fell by 7% from the previous week, but are still higher compared to a year ago. Purchase applications also dropped by 12%, reaching their lowest level since May.
Jul 18, 2025 12:00 PM
— Mortgage Lenders
Wells Fargo sued for not disclosing fees during loan origination
A California borrower is suing Wells Fargo for concealing over a decade that it improperly charged certain origination-related fees. The lawsuit claims that when customers accepted lower rates, the lender reduced or eliminated its originators' compensation.
Jul 18, 2025 11:00 AM
— Interest Rates
What a Trump, Powell faceoff means for your money
Tensions between the White House and the Federal Reserve have escalated, with President Trump criticizing the central bank for not lowering interest rates. Trump argues that high rates are harming the housing market and putting the US at a disadvantage. The Fed has held off on rate cuts due to uncertainties and inflation risks posed by trade policies. Market pricing suggests no rate cut in July, w... more
Jul 18, 2025 10:00 AM
— Mortgage Finance
MBA Purchase Index Up Against Weak Prior Year
The article discusses the latest trends in the housing market, including an increase in mortgage rates and how it is affecting homebuyers. It highlights the impact of rising interest rates on the affordability of homes and the decision-making process for potential buyers.
Jul 18, 2025 10:00 AM
— Mortgage Lenders
FHFA's Vantagescore move changes math on mortgage insurance
The article discusses the potential adoption of VantageScore 4.0 by conforming mortgage lenders, highlighting concerns about infrastructure and policy alignment. The move introduces competition in credit scoring but also brings about challenges regarding implementation.
Jul 18, 2025 9:02 AM
— Mortgage Finance
Agency MSR Transfers Slow as High-Coupon Sales Drop
The article discusses the latest trends in the housing market, including an increase in mortgage rates and the impact on homebuyers. It also touches on the role of mortgage lenders in helping buyers navigate the changing market conditions.
Jul 18, 2025 9:02 AM
— Mortgage Finance
Agency MBS Delinquency Rates Rise in Second Quarter
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Jul 18, 2025 9:02 AM
— Mortgage Finance
Consumers Allege loanDepot Pushed Employees to Write Higher-Interest Loans
The article discusses mortgage-related information available on Inside Mortgage Finance Publications, including topics such as design, CMS, hosting, and web development.
Jul 18, 2025 9:00 AM
— Mortgage Rates
US mortgage rates are once again on the rise
The average rate on a 30-year U.S. mortgage increased for the second consecutive week, posing challenges for the U.S. housing market, which is currently experiencing a sales slump due to affordability issues.
Jul 18, 2025 9:00 AM
— Housing Market
Map Shows Where Homeowners Are Behind on Mortgage Payments
Serious mortgage delinquencies in the United States have been increasing due to rising property taxes, surging home insurance premiums, and other factors. States like Louisiana, Florida, and Georgia saw significant increases in delinquency rates. Homeowners are at risk of losing their properties if they fall behind on payments. The increase in delinquencies is partly attributed to the higher cost ... more
Jul 18, 2025 9:00 AM
— Mortgage Rates
It Will Take More than Low Interest Rates to Make Houses Affordable
The article discusses how rising bond yields due to inflation data affect mortgage rates, making homes unaffordable for many buyers. It also examines the misconception that lower interest rates can solve the affordability problem, highlighting that rising home prices lead to higher down payments and property taxes. The article argues against the idea that the Fed can force down mortgage rates to i... more
Jul 18, 2025 5:00 AM
— Mortgage Rates
Will mortgage rates fall after the July Fed meeting? Here's what experts expect
Prospective homebuyers and homeowners are eagerly awaiting the Federal Reserve's July meeting to see if it will have any impact on mortgage rates, which have remained high. Experts suggest that a 25-basis-point Fed cut might only lower 30-year fixed rates by 10 to 15 basis points. While immediate rate relief is unlikely, it is advised to prepare for homebuying now to take advantage of the current ... more
Jul 18, 2025 4:00 AM
— Privacy Policy and Data Security
Donald Trump Fires Housing Market Accusation at Powell's Fed
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Jul 18, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 18, 2025: Mortgage rates are slightly lower than last summer
The article discusses the recent increase in mortgage rates, providing information on current rates and the differences between fixed and adjustable-rate mortgages. It emphasizes the unpredictability of rates and advises prospective home buyers to consider their financial situation rather than solely focusing on rates. Forecasts suggest that mortgage rates will remain relatively high for the near ... more
Jul 17, 2025 3:01 PM
— Mortgage Finance
MBS Trades Hit Annual Low
The article discusses the latest trends in the mortgage lending industry, focusing on how mortgage lenders are adapting to changing market conditions and customer needs. It also mentions the importance of digital technology and online platforms in streamlining the mortgage application process.
Jul 17, 2025 2:01 PM
— Bond Markets
Bonds Unfazed by Econ Data
After the release of economic data in the morning, the bond market initially showed some selling/weakness but quickly turned to bond buying due to a downtrend in discretionary consumer spending. This led to bonds staying in positive territory for most of the day, despite a slight afternoon correction back to unchanged levels.
Jul 17, 2025 1:09 PM
— Housing Market
June sees uptick in new-home loan demand
Homebuyers were focused on purchasing newly constructed homes last month despite high mortgage rates, which is a positive sign in the housing market.
Jul 17, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Staying Broadly Sideways
Mortgage rates have remained relatively stable despite recent economic data and news headlines. The Retail Sales report suggested a slowdown in discretionary spending, which is generally good for rates, but it wasn't significant enough to cause a major change. The bond market improved slightly after the data, but mortgage rates only shifted by a minimal amount. The economic calendar for the next t... more
Jul 17, 2025 11:00 AM
— Mortgage Rates
Average long-term US mortgage rate rises to 6.75%, second straight uptick
The average rate on a 30-year U.S. mortgage rose for the second week in a row to 6.75%, impacting the housing market that has been struggling with sales slump due to affordability constraints. Mortgage rates influence borrowing costs for homebuyers and their purchasing power. Yields on 10-year Treasury bonds influence mortgage rates, and economists expect rates to remain in the range of 6% to 7% f... more
Jul 17, 2025 10:10 AM
— Mortgage Rates
Mortgage rates rise as investors react to inflation news
Mortgage rates rose this week following the latest Consumer Price Index report which decreased hopes for a Federal Open Market Committee reduction in short-term rates at its upcoming meeting. The 30-year fixed mortgage rate increased for the first time in six weeks driven by a strong jobs report and renewed tariff uncertainty. Loan originators who continued making deals last year shared their secr... more
Jul 17, 2025 9:37 AM
— Mortgage Rates
Mortgage rates move higher again
Mortgage rates increased for the second straight week, with the average rate on a 30-year fixed mortgage reaching 6.75%. The rise in rates was influenced by a climb in 10-year Treasury yields due to uncertainty about tariffs. This led to a 10% decrease in mortgage applications compared to the previous week.
Jul 17, 2025 9:02 AM
— Mortgage Finance
NAR Economist Forecasts Growth in Home Sales in 2026
The article discusses the current state of mortgage lending and market trends in the housing industry.
Jul 17, 2025 9:00 AM
— Mortgage Finance
Mortgage Bellwethers Report Lending Gains in 2Q, But GOS Down
The article discusses various ways to improve credit scores in order to qualify for a mortgage, such as paying bills on time, keeping credit card balances low, checking credit reports for errors, and avoiding opening multiple new accounts. It emphasizes the importance of a good credit score when applying for a mortgage.
Jul 17, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate rises to 6.75%, second straight uptick
The average rate on a 30-year U.S. mortgage rose for the second consecutive week, along with borrowing costs on 15-year fixed-rate mortgages. Higher mortgage rates have contributed to a sales slump in the U.S. housing market since 2022. Mortgage rates are influenced by various factors, including the Federal Reserve's decisions and bond market expectations. The rise in rates has discouraged some ho... more
Jul 17, 2025 9:00 AM
— Bond Markets
Decent Start Despite Stronger Retail Sales Headline
The Retail Sales report came out stronger than expected, even when excluding certain categories like autos, gas, and building materials. This would typically pressure bonds, but revisions and lower inflation-adjusted spending helped push bond yields lower today.
Jul 17, 2025 9:00 AM
— Mortgage Finance
Agency Servicing Shifts to Nonbanks, Higher Coupons
The article discusses the latest trends in the mortgage market in 2025.
Jul 17, 2025 9:00 AM
— Mortgage Rates
When will mortgage rates go down? Predictions after 2 weeks of increases.
The article discusses the current mortgage interest rates, which have increased slightly in recent weeks. It explains that waiting for rates to drop significantly may not be a good strategy, as current financial data indicate little interest rate relief in the near future. The article also discusses the impact of the Federal Reserve's decisions on mortgage rates and the relationship between mortga... more
Jul 17, 2025 9:00 AM
— Mortgage Lending
Mortgage Interest Rates Today: Mortgage Rates Climb Again After Inflation Uptick
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Jul 17, 2025 8:01 AM
— Mortgage Finance
July 18, 2025
The article discusses various factors affecting the mortgage market, including mortgage rates, housing market trends, and the impact of bond markets on mortgage lending.
Jul 17, 2025 8:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 17, 2025: Rates inch up
The article discusses the recent increase in mortgage interest rates, provides data on the current rates for different types of mortgages, explains the difference between fixed-rate and adjustable-rate mortgages, and lists factors that can influence mortgage rates. It also offers insights on terms like 30-year and 15-year mortgages, which banks offer lower median mortgage rates, and when it may be... more
Jul 17, 2025 4:00 AM
— Privacy Policy
Mortgage rate war heats up with Barclays dropping to 3.75%
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Jul 17, 2025 4:00 AM
— Mortgage Rates
They bought a house expecting rates to fall. They’re still waiting
Many Americans who locked in a home loan rate above 6% have been waiting for rates to drop and a chance to refinance, but relief has not come. Mortgage rates have remained high for nearly three years, with the average 30-year fixed mortgage rate stuck just under 7%. This has led to higher monthly payments and financial strain for homeowners. Some individuals who took out adjustable-rate mortgages ... more
Jul 17, 2025 3:01 AM
— Mortgage Lenders
Why FHFA may bet on CSP to reform Fannie, Freddie
Recent plans involve a jointly owned government-sponsored enterprise entity for Fannie Mae and Freddie Mac's bonds, aligning with the goals of the Trump administration. Privatizing Fannie Mae and Freddie Mac could pose risks without regulatory safeguards. Democratic senators are against efforts to privatize these mortgage finance companies.
Jul 16, 2025 2:00 PM
— Bond Markets
Bonds Give Free Preview of Post-Powell Momentum
Reports that Trump was considering firing Powell caused longer-term yields to rise in the bond market. Despite Trump later saying he's not considering firing Powell, traders remained skeptical and favored shorter-term debt. Overall, 10yr yields and MBS made gains during the day amidst the drama behind the scenes.
Jul 16, 2025 12:00 PM
— Mortgage Website Security
Homeowners won't sell even as mortgage rates dip
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Jul 16, 2025 12:00 PM
— Interest Rates
Mortgage Rates Mostly Sideways After Dodging Mid-Day Drama
Inflation data released this morning was more favorable for the bond market and interest rates compared to the previous day. Trump discussing firing Fed Chair Powell caused some mid-day drama leading to potential increases in mortgage rates. However, most lenders reversed course as the situation calmed down. The Fed Funds Rate does not directly dictate mortgage rates, and a potential replacement f... more
Jul 16, 2025 11:01 AM
— Mortgage Credit Scoring
FICO challenges FHFA's VantageScore decision
The FHFA's approval of VantageScore 4.0 over FICO's rival 10T model has sparked controversy in the mortgage credit scoring industry. The Consumer Financial Protection Bureau is reviewing five rules related to credit bureaus and creditworthiness assessments. Bill Pulte, the regulator, has introduced competition for credit metrics but continues to work with three credit bureaus. He also expressed di... more
Jul 16, 2025 11:00 AM
— Mortgage Rates
Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers
Affordability has been a major challenge for homebuyers due to rising home prices and mortgage rates. However, recent months have shown signs of stabilization in mortgage rates, making planning a move easier. Rates have stayed within a half-percentage-point range since late last year, showing less volatility. Experts predict a slow downward trend in rates in the coming months, making timing the ma... more
Jul 16, 2025 9:01 AM
— Mortgage Finance
Short Takes
The article discusses the latest trends in the housing market, including a rise in mortgage rates and the impact it may have on potential homebuyers. It also mentions the increasing competition among mortgage lenders to attract borrowers.
Jul 16, 2025 9:00 AM
— Mortgage Finance
Federally Insured Credit Union Mortgage Originators: 3M25 (Spreadsheet)
The article provides rankings by dollar volume for 2,365 credit unions, including breakouts for fixed-rate and adjustable-rate mortgages.
Jul 16, 2025 9:00 AM
— Mortgage Lending
TBA Settlement, Processing, HELOC, Purchase Advice Mgt. Tools; JPMorgan to Charge For Info?
JPMorgan informed FinTechs that it will charge for access to customers' bank information, potentially leading to increased fees for lenders and other financial services. The gig economy is growing, with certain industries showing notable growth from 2018. JPMorgan reported an increase in mortgage origination volume but a decrease in production income offset by an increase in servicing income. Hous... more
Jul 16, 2025 8:45 AM
— Mortgage Finance
Top Credit Union Mortgage Originators: 3M25 (PDF)
The article provides rankings of the top 100 federally insured credit unions by dollar volume, with breakouts for fixed-rate and adjustable-rate mortgages.
Jul 16, 2025 8:00 AM
— Bond Markets
PPI Reaction Playing Out Better Than CPI So Far
The article discusses how the reaction to PPI data was different from the reaction to CPI data the previous day. PPI being lower than expected indicated a milder impact from tariffs compared to CPI categories affected by tariffs. The PPI data showed that the worst offenders were domestic, leading to a modest rally in response.
Jul 16, 2025 6:15 AM
— Mortgage Rates
The ‘lock-in effect’ is making it harder to buy a home—even if mortgage rates fall
A Bankrate survey shows that most homeowners are reluctant to buy or sell homes in 2025 due to the high mortgage rates compared to pre-2021 rates. The reluctance is contributing to historically low home sales volume, with first-time buyers struggling to afford high prices. Mortgage rates have more than doubled in the past four years, with 30-year fixed-rate loans hovering near 6.5% in 2025.
Jul 16, 2025 6:01 AM
— Student Loan Repayment Plans
What to know about your evolving federal student loan repayment options
The article discusses changes to federal student loan repayment plans that will have a significant impact on students and families borrowing federal loans on or after July 1, 2026. It explains that while current borrowers will have an option to stay in their existing plans until mid-2028, new plans like RAP and the modified standard plan will differ in payment calculations and eligibility criteria... more
Jul 16, 2025 6:00 AM
— Mortgage Rates
Zacks Industry Outlook Highlights Annaly Capital Management, Dynex Capital and Ellington Financial
The Zacks REIT and Equity Trust industry is experiencing volatility in mortgage rates due to macroeconomic uncertainty, leading to earnings pressure for industry players. Despite affordability challenges in the housing market, purchase originations and refinancing activities are improving. Companies like Annaly Capital Management, Dynex Capital, Inc., and Ellington Financial LLC are well-poised to... more
Jul 16, 2025 6:00 AM
— Mortgage Lending
Mortgage Applications Today: Home Loan Demand Falls by 10% After Mortgage Interest Rates Rise
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Jul 16, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers
Affordability has been a challenge for homebuyers due to rising home prices and mortgage rates, but recent months have seen a stabilization in mortgage rates, making planning for a move easier. Rates have stayed within a narrow range for several months, providing more predictability for potential buyers. Experts predict a slow downward trend in rates, but advise against trying to time the market. ... more
Jul 16, 2025 4:00 AM
— Mortgage Rates
Weekly mortgage demand plummets 10%, as rates and economic concerns rise
Renewed concerns over tariffs and the broader economy led to higher Treasury yields and subsequently higher mortgage rates. As a result, mortgage application volume dropped by 10% compared to the previous week. Rates for 30-year fixed-rate mortgages increased to 6.82% from 6.77%, with points remaining unchanged at 0.62. Purchase mortgage applications fell by 12% for the week, while applications fo... more
Jul 16, 2025 2:00 AM
— Mortgage Lending
I got a 3% mortgage rate when most people were getting 6%. Assumable mortgages aren't perfect, but it's still a great deal.
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Jul 15, 2025 2:02 PM
— Bond Markets
What's Up With The Paradoxical CPI Reaction?
Despite a smaller impact from tariffs than expected, both stocks and bonds sold off sharply at 9:30 am following the release of the top line CPI numbers. However, the weakness continued as MBS and 10yr yields fluctuated throughout the day.
Jul 15, 2025 1:45 PM
— Interest Rates
Tariffs, Inflation, Recession, Oh My: Top Personal Loan Questions
American consumers are worried about the economy with top financial concerns being inflation, a recession, and interest rates. Uncertainty about tariffs is influencing consumer credit decisions. It's advised to check loan options as national debt may impact personal loan interest rates. Lowering APR on existing debt is recommended, with competitive rates being determined by shopping around. Despit... more
Jul 15, 2025 12:02 PM
— Mortgage Lending
6 Signs You're Ready For A Student Credit Card
The article discusses the importance of being responsible and financially prepared before applying for a student credit card. It mentions the need for savings for unexpected expenses, the importance of paying bills on time, understanding how credit cards work, having a clear reason for getting a credit card, meeting income requirements, and evaluating personal financial habits before applying for ... more
Jul 15, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Move Higher Despite Decent Inflation Reading
Mortgage rates are typically influenced by inflation reports. Today's inflation numbers were lower than expected, causing bond trading to initially imply lower rates. However, the impact of tariffs on certain CPI categories led to a more muted reaction in terms of the Fed rate cut outlook.
Jul 15, 2025 9:00 AM
— Mortgage Lenders
Corresp. and Wholesale, Internal Audit, Verification Products, Redlining Webinar; When LOs Should Prospect
The article discusses the integration of AI in financial services, specifically at Goldman Sachs, where an autonomous software engineer named Devin is being piloted. The advancement in AI technology is a growing concern for financial services leaders, and there is a need for more knowledge and strategy at the board level. The article also mentions other services and programs for lenders, such as T... more
Jul 15, 2025 8:01 AM
— Housing Market
Jerome Powell has more housing problems now, including the Fed's
The article discusses the intense scrutiny the Fed's headquarters is under due to mismanagement of renovation projects. It also mentions fresh inflation figures for June, showing rising costs for consumers, particularly in housing. Home prices have outstripped earnings growth for decades, exacerbated by low interest rates during the pandemic years.
Jul 15, 2025 7:00 AM
— Mortgage Rates
What homebuyers should do before rate cuts, according to mortgage experts
The article discusses the impact of the Federal Reserve's decisions on mortgage rates and advises potential borrowers to prepare for possible rate cuts later in the year. It emphasizes the importance of understanding the relationship between the Federal Reserve and mortgage rates, improving credit scores, and finding the right home and mortgage that fit one's budget.
Jul 15, 2025 7:00 AM
— Housing Market
Economist Issues 'Red Flare' Warning for US Housing Market
Moody's Chief Economist Mark Zandi has issued a warning about major instability in the U.S. housing market, citing issues in construction and sales. He believes these issues could negatively impact the wider economy and lead to a recession unless mortgage rates decline from their current high levels. New home sales have already dropped, and homebuilders are giving up on incentives to lower mortgag... more
Jul 15, 2025 7:00 AM
— Mortgage Rates
Current mortgage rates report for July 15, 2025
The average interest rate for a 30-year fixed-rate conforming mortgage loan in the U.S. is currently 6.717%, up slightly from the prior day. Rates have been hovering around 7% for a while, despite anticipation of a decline with the Federal Reserve reducing the federal funds rate. Experts believe rates around 6% are likely if inflation is controlled and lenders are optimistic about the economy. Fac... more
Jul 15, 2025 6:00 AM
— Bond Markets
Tariffs Show Up in CPI, But Not Enough to Hurt
Tariffs did not have a significant impact on this month's inflation, as housing, medical care, and professional services were the main drivers of higher inflation. Bonds rallied initially due to CPI coming in below forecast, but the persistence of non-tariff-driven inflation caused uncertainty, resulting in a modest rally that did not push yields significantly lower.
Jul 15, 2025 4:00 AM
— Interest Rates
High-yield savings rates today: July 14, 2025 | Stellar APYs are still on the market, surpassing 4%
President Trump's tariffs have been delayed again, leading to speculation about their impact on the U.S. economy. The Federal Reserve is likely to hold interest rates steady until the tariffs take effect on August 1. High-yield savings accounts are offering attractive APYs, with some banks still offering rates above 4%. The Fed's decision on interest rates is influenced by economic uncertainty cau... more
Jul 15, 2025 3:00 AM
— Mortgage Rates
‘US housing market is in a strange place’: Survey finds more Americans are reluctant to sell their homes
Many American homeowners are not willing to sell their homes due to the rising mortgage rates, with over half saying they would need a mortgage rate lower than 5% to feel comfortable buying a new home. The recent increase in mortgage rates is attributed to the strong economic recovery following the pandemic.
Jul 15, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 15, 2025: A little higher or lower based on your loan term
The article discusses the current mortgage interest rates, the difference between various loan terms, and the factors influencing mortgage rates such as bond yields, currency rates, and Federal Reserve decisions. It also provides information on mortgage calculators, the effects of different loan terms on monthly payments and total interest paid, and the differences between fixed-rate and adjustabl... more
Jul 14, 2025 2:01 PM
— Bond Markets
All Eyes on CPI
Bonds have been slightly weaker in July but have remained relatively stable since last Tuesday. There is anticipation for the release of the Consumer Price Index (CPI) data for June, which is expected to show tariff impacts. Depending on the results, rates may be affected, and potential volatility is to be expected.
Jul 14, 2025 1:00 PM
— Housing Market
No Fed cut in July, nearly all economists surveyed say
Economists do not predict the Federal Reserve will cut rates at upcoming meetings, despite speculation. A Wells Fargo customer received compensation for float fees from over a decade ago, leading to a lawsuit. Additionally, an Indiana loan officer was sued for fraudulent originations estimated to cost over $1 million to repurchase.
Jul 14, 2025 12:00 PM
— Interest Rates
Mortgage Rates Just a Hair Higher Ahead of Important Inflation Report
Mortgage rates have remained steady, with slight increases, after a period of overall rising rates. The upcoming release of the Consumer Price Index (CPI) is anticipated to have a significant impact on interest rates, especially considering the potential effects of tariffs on inflation. Depending on the CPI results, rates could either increase further or recover slightly.
Jul 14, 2025 9:01 AM
— Mortgage Lenders
HELOC, Servicing, AI Fee Research Tools; Webinars and Training; Anti-Poaching Interview
UWM Holdings Corp CEO and SFS Holding Corp sold shares of UWM Class A Common Stock, netting $5 million. UWM has invested $100 million in Bilt, a company offering rewards for housing payments. Bilt raised $250 million in new funding, introducing Bilt Card 2.0. Various companies are offering services, products, and programs for lenders and brokers in the mortgage industry. LoanCare offers subservici... more
Jul 14, 2025 9:00 AM
— Mortgage Rates
Rates remain elevated - Mortgage and refinance rates for today, July 16, 2025
Average rates for 30-year and 15-year fixed mortgages rose, while jumbo and ARM rates declined. Borrower demand increased after rates reached three-month lows. Current rates for a 30-year fixed mortgage is 6.75%, 15-year fixed mortgage is 6.00%, 5/1 ARM is 5.89%, and jumbo mortgage is 6.81%. Federal Reserve may cut rates, affecting mortgage rates, and locking in rates can provide certainty in unce... more
Jul 14, 2025 8:00 AM
— Interest Rates
Current mortgage rates report for July 14, 2025: Rates continue to hold steady
The average interest rate for a 30-year, fixed-rate conforming mortgage loan is 6.699% in the U.S. Rates have remained relatively stable, but historically, rates are higher than they have been in the past. Mortgage rates are impacted by economic conditions, federal funds rate, national debt, demand for home loans, and Federal Reserve actions. Shopping around for loans and improving your credit sco... more
Jul 14, 2025 8:00 AM
— Treasury Rates
Empty Calendar and a Sideways Start
Monday saw low volumes and volatility in trading, with a small amount of selling in Treasuries at 7am but a recovery after the NYSE open. Overall, not much has changed since last Tuesday, with bonds rallying in June but early July weakness erasing those gains. Investors are now waiting for Tuesday's CPI data to see if yields will stay around 4.5%.
Jul 14, 2025 7:00 AM
— Retirement Planning
Ask an Advisor: I Had to Pay Extra for Medicare Last Year. How Do I Avoid This Happening Again After a Roth Conversion?
The article discusses the complications of planning Roth conversions around Medicare premium thresholds and the importance of understanding modified adjusted gross income (MAGI) for determining IRMAA brackets. It advises working with a financial advisor to plan income to minimize IRMAA surcharges and support long-term tax efficiency.
Jul 14, 2025 3:00 AM
— Mortgage Lenders
Fannie, Freddie change rules for contributions, incentives
Recent updates to secondary-market rules for interested party contributions and incentives require lenders to be more cautious with popular strategies. The Department of Housing and Urban Development has withdrawn FHA mortgagee letters related to appraisals. Refinances are driving recent increases, but purchase activity is a key indicator of the housing market. Rising insurance costs and stricter ... more
Jul 14, 2025 3:00 AM
— Mortgage Rates
Most homeowners won't even consider selling this year, thanks to mortgage rates
More than half of homeowners in the U.S. are not comfortable selling or buying a home this year, regardless of low mortgage rates. Prospective buyers are discouraged by elevated mortgage rates and climbing home prices. The majority of those open to buying a home this year would need a mortgage rate lower than 5%. High mortgage rates can significantly increase costs for borrowers and reduce their p... more
Jul 14, 2025 3:00 AM
— Interest Rates
Mortgage and refinance interest rates today for July 14, 2025: Rates remain stagnant before inflation news
Current mortgage interest rates have remained relatively unchanged with the average 30-year fixed rate at 6.63%. The rates may shift after the release of the June Consumer Price Index, influencing Federal Reserve plans on potential rate cuts. Different mortgage rates for fixed, VA, and adjustable-rate mortgages are provided. Factors influencing choosing between a 15-year and 30-year mortgage are d... more
Jul 13, 2025 10:00 PM
— N/A
Trump’s housing revolution threatens another mortgage meltdown
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Jul 13, 2025 12:00 PM
— Interest Rates
30-Year Treasury Yield Jumps to 4.96% despite “Solid” Auction, Long End of Yield Curve Steepens, Mortgage-Rate Spread Historically Wide
The 30-year Treasury yield rose despite efforts to keep it down, increasing concerns about inflation and supply absorption in the market. The Fed's rate cuts have led to an increase in the 30-year yield. There is disagreement within the FOMC about rate cuts, and the CPI report may influence future decisions. The relationship between the average 30-year fixed mortgage rate and the 10-year yield is ... more
Jul 13, 2025 7:01 AM
— HELOC Interest Rates
HELOC rates today, July 13, 2025: Home equity line of credit rates remain steady
HELOC interest rates have risen slightly, with the average APR on a 10-year draw HELOC being 8.73%. Homeowners are encouraged to consider using HELOC to access equity instead of selling their homes with lower mortgage rates. Different HELOC lenders offer varying rates based on credit score and other factors. It's highlighted that HELOC interest rates differ from primary mortgage rates, with the be... more
Jul 13, 2025 7:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 13, 2025: Rates waver up and down
The article provides an overview of current mortgage rates, including the rates for 30-year fixed, 20-year fixed, and 15-year fixed mortgages, as well as other types of loans. It discusses the pros and cons of choosing different mortgage term lengths, the impact of fixed-rate versus adjustable-rate mortgages, and factors that can influence mortgage rates such as credit scores and down payments. Th... more
Jul 12, 2025 7:03 AM
— Mortgage Finance
Ginnie Issuance Continues to Ride Temporary Refi Wave
The article discusses important changes in the housing market that have led to an increase in mortgage rates. It mentions the impact of rising interest rates on potential homebuyers and existing homeowners looking to refinance.
Jul 12, 2025 7:03 AM
— Mortgage Finance
Interest Rate Outlook Murky Following Tax/Spending Bill
The article discusses the impact of rising interest rates on the housing market. It mentions that as interest rates increase, some potential homebuyers may be priced out of the market, leading to a slowdown in the housing market activity. This could also affect mortgage lenders and their lending practices.
Jul 12, 2025 7:03 AM
— Mortgage Finance
Mortgage Market at a Glance
The article discusses the latest trends in the mortgage industry, highlighting the impact of interest rates on the housing market. It also touches upon the role of mortgage lenders and their strategies in response to changing market conditions.
Jul 12, 2025 7:02 AM
— Non-QM Lending
AI Retention, Jumbo AUS, Bridge, HELOC Products; Wholesale and Investor News
Lock tracking increased by 2% in June, with non-QM locks accounting for over 7% of total volume. Refinances decreased by 21% week over week, while the purchase index decreased by 19%. Flyhomes Cash Offer helped a California borrower beat 22 offers, with up to 105% LTV and no contingencies required. Moder builds technology to help mortgage players become more efficient and customer-focused. Aithena... more
Jul 12, 2025 7:02 AM
— Bond Markets
Overnight Selling But Still in The Range
The article discusses the announcement of a 35% tariff on Canadian imports starting August 1st, which is an increase from the previously-slated 25%. Exemptions for USMCA goods and energy/fertilizer are probable but TBD. This development is a concern for the bond market from an inflation standpoint, leading to losses in both stocks and bonds overnight.
Jul 12, 2025 7:01 AM
— Bond Markets
Bonds Bracing For CPI Impact
Stocks sold off in response to the announcement of 35% tariffs on Canada, leading to bonds drifting into weaker territory throughout the day. Market is anticipating Tuesday's CPI report to see if the tariffs have impacted the data significantly. Friday's weakness in bonds could be a result of investors waiting for the upcoming data release.
Jul 12, 2025 7:01 AM
— Interest Rates
Mortgage and refinance interest rates today, July 12, 2025: The 30-year fixed rate holds steady
Today's mortgage interest rates are stagnant, with a 30-year fixed rate standing at 6.63% and a 15-year fixed rate at 5.89%. Locking in an interest rate with a mortgage lender during flat rate periods can be advantageous. It is recommended to choose a lender with a rate buydown option. Mortgage refinance rates are typically higher than rates when buying a house. The 30-year fixed mortgage offers l... more
Jul 12, 2025 3:02 AM
— Home Equity Rates
Home Equity News: This Week's Roundup
Home equity rates for HELOC and home equity loans remain steady at around 8.27 percent and 8.26 percent respectively. The 30-year fixed-rate loan has declined to 6.72 percent. The new tax act is expected to bring more stability and clarity to the housing market, though it won't directly lower mortgage rates or home prices. The article also addresses common misconceptions about home equity, the pro... more
Jul 11, 2025 3:00 PM
— Mortgage Lenders
Fannie Mae, Freddie Mac To Begin Using VantageScore
Mortgage giants Fannie Mae and Freddie Mac are planning to use a new credit score, VantageScore 4.0, in addition to the traditional FICO score, to underwrite applications for home loans. This new credit score considers a broader range of factors, potentially making millions more Americans eligible for mortgage loans. However, the impact on mortgage closing costs is expected to be minimal, as credi... more
Jul 11, 2025 11:11 AM
— Interest Rates
Surging rate-and-terms push lock volumes upward
Mortgage lock volumes increased due to a rise in refinance activity, while purchase numbers are still lower potentially due to high mortgage rates. The 30-year fixed mortgage rate rose for the first time in six weeks, driven by strong jobs report and tariff uncertainty. Lenders are offering more products for the spring season, but buyers are hesitant.
Jul 11, 2025 11:04 AM
— Mortgage Rates
Highest Mortgage Rates of The Week, Just Barely
Mortgage rates have been mostly sideways but are slightly higher this week compared to last week. The movement in rates is attributed to last week's strong jobs report and anticipation of the upcoming Consumer Price Index report. If inflation increases, rates are likely to move higher. If inflation remains low, market expectations of a lower Fed Funds Rate could lead to lower mortgage rates.
Jul 11, 2025 8:02 AM
— Mortgage Rates
Majority of rates rise: Should you wait to lock? - Mortgage and refinance rates for July 11, 2025
Mortgage interest rates have mostly increased compared to last week. Borrower demand spiked due to rates falling to their lowest level in three months. The Federal Reserve meeting in July may result in a rate cut. Locking in a mortgage rate provides certainty in the unpredictable market. Refinancing might still make sense for some even with elevated rates.
Jul 11, 2025 8:00 AM
— Interest Rates
‘Dating the rate’ misled borrowers. Now they’re financially strained
After the pandemic, rising mortgage rates led borrowers to prioritize finding a house they loved over focusing on interest rates, leaving many in long-term relationships with higher rates. Homeowners now face challenges in refinancing and increased monthly payments due to rising taxes and insurance costs.
Jul 11, 2025 7:03 AM
— Mortgage Finance
End of Conservatorship Hinges on Senior Preferred Shares
The article discusses the latest trends and developments in the mortgage industry, focusing on factors such as interest rates, housing market conditions, and mortgage lender activity.
Jul 11, 2025 7:03 AM
— Mortgage Lending
Why Trump's mega-rate cut dreams could backfire
The article discusses the process of verifying a user as human, which may require a few seconds to complete.
Jul 11, 2025 7:02 AM
— Bond Markets
Week's Only Relevant Data is Not Bond-Friendly
The article discusses how the weekly jobless claims data was the only relevant economic report for the week, with numbers showing no cracks in the labor market. Despite Continuing Claims remaining elevated, they stayed below long term highs from 3 weeks ago. This resulted in the bond market moving into slightly weaker territory.
Jul 11, 2025 7:01 AM
— Mortgage Lenders
Charles Schwab vs. Vanguard: Which broker is best for you?
The article compares Charles Schwab and Vanguard brokers in terms of cost, mutual funds, account fees, account minimums, tradable securities, trading platforms, account types, robo-advisor accounts, fractional shares, and customer support. Charles Schwab has an edge in options pricing, broader range of tradable securities, and customer support hours, while Vanguard stands out for its low-cost fund... more
Jul 11, 2025 4:00 AM
— Housing Market
Over 30 million homeowners don't have a mortgage right now. Here's why that's a big warning sign about the housing market
The article discusses how high mortgage rates and home prices are blocking many would-be homeowners from entering the housing market. Older generations are not downsizing due to fear of high mortgage rates, leading to lower supply and higher prices. Many Americans own their homes outright, making it difficult for younger generations to buy homes. Homeowners with limited equity or behind on student... more
Jul 11, 2025 3:24 AM
— Mortgage Lending
How to spot auto loan fraud: 5 scams to watch out for
The article discusses different scams that car buyers may encounter such as yo-yo financing scams, car loan modification scams, negative equity issues, and pressure from dealers to purchase additional products. It also provides tips on how to avoid these scams and protect oneself from predatory lending practices.
Jul 11, 2025 3:03 AM
— Housing Market
The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says
The U.S. housing market is facing multiple challenges, including high mortgage rates, lack of affordability, and a decrease in first-time home buyers. Capital Economics sees no clear path to recovery, with the market stuck in a slump since 2023. Affordability issues and a freeze in for-sale activity are leading to a slow and grinding recovery.
Jul 11, 2025 3:03 AM
— Mortgage Lending
How AI-powered scams are targeting real estate deals
The real estate industry faced a $173 million problem in 2024 due to consumers losing money to real estate fraud. Lenders expanding into HELOCs have seen an increase in fraudulent activities. There has been a jump in calls for foreclosure prevention advice and overall consumer distress levels are at a five-year high. Changes are being made to President Donald Trump's tax-cut bill, and a former fin... more
Jul 11, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 11, 2025: Rates are still down since last July
The article discusses the current mortgage rates, including the national average rates for 30-year fixed mortgages and 15-year fixed mortgages. It also provides information on the difference between fixed-rate and adjustable-rate mortgages, as well as tips on choosing the right mortgage term based on financial goals. The article also touches on the forecast for mortgage rates, indicating that they... more
Jul 10, 2025 3:01 PM
— Bond Markets
Fed Speakers and Auction Help Bonds Hold Steady
Bonds lost a small amount of ground today but are holding steady on the week. Fed speakers reiterated dovish messages, and the Treasury auction wasn't especially strong. MBS and 10yr yields saw some fluctuations throughout the day, with modest changes at the close.
Jul 10, 2025 2:05 PM
— Mortgage Finance
The Trump Tax Bill and the Fear of Higher Rates
The article discusses updates on the mortgage market, focusing on current trends and developments. It highlights key industry players and provides insights into recent shifts in mortgage lending practices.
Jul 10, 2025 2:03 PM
— Mortgage Rates
Mortgage Rates Broadly Sideways
This week's mortgage rate movement has been influenced by last week's jobs report, with rates initially rising before gradually fading. Yesterday saw a slight improvement, but today rates are mostly unchanged. Overall, rates have been mostly flat since Monday due to the lack of significant economic news this week.
Jul 10, 2025 1:02 PM
— Mortgage Rates
Mortgage rates are on a knife edge and will follow bond yields one way or the other
Mortgage rates remain mostly unchanged with very little movement among national lenders. The article mentions that the five-year bond yield could impact fixed mortgage rates in the near future. There are still good deals available for fixed rates near or below 4 percent from certain lenders.
Jul 10, 2025 10:00 AM
— Mortgage Rates
Mortgage rates move higher, ending six straight weeks of declines
Mortgage rates have increased, ending a six-week decline. Rates are now on the rise after weeks of decreases.
Jul 10, 2025 9:48 AM
— Mortgage Rates
Mortgage rates turn upward on strong jobs data
The article discusses how a stronger-than-expected employment report has caused an end to a streak of declining mortgage rates. The 30-year fixed rate mortgage has moved one basis point lower, remaining in the same range since mid-April. Additionally, it mentions a team of 16 joining Union Home Mortgage's Cincinnati branch with impressive closing and funding numbers, as well as the use of AI by cr... more
Jul 10, 2025 9:05 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 10, 2025: Rates increase for the first time in weeks
After five straight weeks of decreases, mortgage interest rates have slightly increased this week, with the average 30-year fixed rate rising to 6.72% and the 15-year fixed rate going up to 5.86%. Rates are fluctuating daily, and there is little momentum for a consistent move in either direction. Factors affecting mortgage rates include the state of the economy and housing market. The article also... more
Jul 10, 2025 9:02 AM
— Mortgage Rates
Mortgage rates tick higher for first time in weeks
Freddie Mac's latest report showed a slight increase in mortgage rates, with the average rate for a 30-year fixed mortgage rising to 6.72%. This change was attributed to a stronger than expected jobs report, leading to an increase in home purchase and refinance applications compared to the previous year. The housing market continues to face affordability challenges, with some major metro areas now... more
Jul 10, 2025 9:01 AM
— Housing Market
Tax Law Might Not Spell Instant Relief For Homebuyers
Despite a new tax law being in effect, it may take time for its effects to reach the housing market. Factors such as stubbornly high mortgage rates and home prices are currently affecting homebuyers. The law makes provisions from the 2017 tax law permanent, which could have some positive impacts on the economy. The bill is expected to increase interest rates on credit, potentially impacting mortga... more
Jul 10, 2025 7:02 AM
— Personal Loans
Personal Loan Calculator
The article discusses the use of a personal loan calculator to estimate payments for personal loans ranging from two to seven years. It provides guidance on selecting the right loan amount, term length, and interest rate for the best results. The calculator helps in determining the total interest paid over the loan's life and the monthly payments. It also compares payment options for different loa... more
Jul 10, 2025 3:01 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, July 10, 2025: The home equity line of credit interest rate remains basically unchanged
The article discusses how HELOC rates are currently remaining steady at a tempting level, providing homeowners with a valuable opportunity to tap into the equity in their homes. It also highlights key details about second mortgages, including interest rates, fees, and repayment terms. Overall, it emphasizes the benefits of using a HELOC to access home equity for various purposes without jeopardizi... more
Jul 10, 2025 12:02 AM
— Mortgage Finance
Originations
The article discusses the current trends in the housing market, highlighting the increasing mortgage rates due to a rise in Treasury rates. It also mentions the impact of these higher rates on mortgage lenders and potential borrowers.
Jul 9, 2025 8:01 PM
— Mortgage Finance
Originations
The article discusses various aspects of mortgage finance publications and the importance of design, content management systems, hosting, and web development in creating effective publications.
Jul 9, 2025 4:00 PM
— Mortgage Rates
Earnings, Fed talk, mortgage rates, jobless claims: What to Watch
On July 10, Delta, ConAgra, and Levi's are reporting earnings. Fed commentary from St. Louis Fed President Musalem and San Francisco Fed President Daly is expected. Freddie Mac is publishing weekly mortgage rate data for July 3. Initial jobless claims data for the week ending July 5 will also be released. The Treasury market rallied after an auction of 10-year notes, easing concerns about financin... more
Jul 9, 2025 3:03 PM
— Bond Markets
Correction to the Correction. Will it Last?
Bond traders demonstrated clear foresight by starting buying early in the week, leading to consistent buying and improvement in 10yr Treasury yields and MBS. The market saw a classic correction to June's rally followed by a correction of that correction, with events like the 10yr Treasury auction and Fed Minutes having varying impacts throughout the week.
Jul 9, 2025 1:02 PM
— Mortgage Rates
Mortgage Rate Losing Streak Ends With Moderate Victory
Mortgage rates have been consistently moving upward since last Wednesday, but the movement hasn't been too drastic. However, today the bond market showed signs of tiredness pushing rates higher. Bonds improved throughout the trading session, erasing the damage from yesterday and Monday. There's no guarantee for the future, but today's improvement could signal a positive trend if rate-friendly econ... more
Jul 9, 2025 12:04 PM
— Housing Market
ARMs tripled at banks over past decade
Adjustable-rate mortgages surged this decade, increasing their share of the market at the nation's largest banks. US purchases of new homes fell in May due to affordability constraints, but improved for-sale supply is providing more options for buyers. Pending sales of existing homes also fell due to high asking prices and borrowing costs.
Jul 9, 2025 12:00 PM
— Mortgage Lenders
Auto Loan Calculator
The article discusses how an auto loan calculator can help estimate monthly payments and total interest paid on an auto loan. It highlights factors such as principal, down payment, loan term, new vs. used vehicles, interest rates, and APR. It also provides tips on comparing rates, avoiding common car loan mistakes, first-time car buyer programs, managing auto loan payments, and refinancing options... more
Jul 9, 2025 10:02 AM
— Home Insurance Rates
Home insurance rates soaring in Arizona with other costs
Arizona's home insurance rates have increased by more than 70% from 2019 to 2024, ranking fourth-highest in the country. Rising rates are reshaping the homebuying process, and it is recommended that shoppers get home insurance quotes early to know what to expect. Factors driving the rate increases include rising home values, higher repair and rebuilding costs, extreme weather risks such as heat, f... more
Jul 9, 2025 7:03 AM
— Mortgage Rates
First Time Home Buyers
More borrowers between 21 and 40 are taking advantage of historically low mortgage rates to buy their first homes or lower their monthly payments. Millennials continue to lock in the lowest average mortgage rates on record, driving lenders' business. Mortgage rates remained flat, with some areas, like Salt Lake City, experiencing increased competition in the housing market.
Jul 9, 2025 7:03 AM
— Interest Rates
Bonds Sticking to Predictable Script So Far This Week
The article discusses how the bond market is often unpredictable when it comes to interest rate movement, but there are certain conditions that can result in somewhat reliable patterns. After a sell-off due to a big data flash point, the market tends to undergo a correction before settling into a sideways range trade while waiting for more meaningful data or events to drive a breakout.
Jul 9, 2025 7:02 AM
— Housing Market
Roughly one in four American adults have a side hustle. Here’s why that number might change soon.
Bankrate conducted a survey that found that fewer Americans are side hustling this year compared to last year. Gen Z is leading the pack with side hustles, with 34% of them having an extra job. Many side hustlers are using the extra income for discretionary expenses, while others are using it for living expenses, savings, or debt repayment. Side hustle participation is down overall, but side hustl... more
Jul 9, 2025 6:02 AM
— Mortgage Lending
Pulte's Vantage Score Comments Leave Mortgage Market Guessing
Toms River schools in New Jersey are filing for Chapter 9 bankruptcy after significant property tax increases. New Jersey residents already face high property taxes. New legislation in New Jersey now imposes a tax on high-value home sales, known as the 'mansion tax'. Additionally, FHFA Director Bill Pulte's tweet announcing changes to credit policy has raised questions and concerns in the mortgage... more
Jul 9, 2025 6:02 AM
— Mortgage Rates
Big Jump in Mortgage Demand, But Rates Are Already Rising Again
Mortgage application activity increased by 9.4% following a drop in rates to the lowest levels in 3 months. Refinance applications were up 9% from the previous week and purchase applications rose 9% as well. The average 30-year fixed rate fell to 6.77%. Despite the recent surge in activity, there are concerns about rates bouncing back to previous levels.
Jul 9, 2025 4:01 AM
— Mortgage Rates
Rates remain elevated on mixed jobs report - Today's mortgage and refinance rates for July 8, 2025
Mortgage interest rates have fluctuated compared to last week, with the average rate for a 30-year fixed mortgage decreasing slightly. The job market is holding up well despite some signs of softening in the private sector. The Federal Reserve is not expected to issue a cut this month, but there may be two cuts forecasted for this year. Mortgage rates for various loan types are listed, including 1... more
Jul 9, 2025 4:00 AM
— Mortgage Rates
Homebuyers finally responded, after mortgage rates hit lowest level in three months
A drop in interest rates led to a significant increase in mortgage demand, with both refinance and purchase applications rising. The average loan size for purchase applications decreased, potentially due to increasing housing inventory and moderating home-price growth. Mortgage rates have started climbing again after hitting their lowest levels in several months.
Jul 9, 2025 3:02 AM
— Student Loan Changes
Major Changes Coming To Federal Student Loans After Reconciliation Bill
The budget reconciliation bill passed in July 3 will make it harder for students to finance their education and afford loan payments. The biggest impact will be on repayment programs and borrowing limits. New changes include discontinuing several repayment options, limiting total borrowing amounts, and eliminating the ability to defer student loans due to economic hardship or unemployment. Borrowe... more
Jul 9, 2025 3:01 AM
— Home Equity Lines of Credit (HELOC)
HELOC rates today, July 9, 2025: The home equity line of credit rate remains favorable
HELOC interest rates are currently in a favorable position, with expectations that they may decrease in the future. Rates and terms can vary significantly between lenders so it's important to shop around. HELOCs provide homeowners with the ability to tap into the equity in their homes for various purposes while still keeping their primary mortgage. It's advised to use a HELOC judiciously and pay b... more
Jul 9, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 9, 2025: Higher on longer-term loans, unchanged on shorter
Mortgage interest rates are mixed, with the average 30-year fixed rate rising while the 15-year rate remains steady. Bond traders have been adjusting positions following a positive jobs report, leading to higher yields on benchmark rates. Mortgage rates are expected to be choppy amidst mixed sentiment on possible future interest rate cuts. The article also discusses the advantages and disadvantage... more
Jul 8, 2025 4:04 PM
— Mortgage Lenders
Paying Rent on Time Could Now Help You Get a Mortgage After Key Change at Fannie and Freddie
The article states that the request could not be processed and provides a reference ID for further assistance. It suggests contacting unblockrequest@realtor.com with the reference ID if the issue persists.
Jul 8, 2025 3:00 PM
— Housing Market
3 Key Changes in The 'Big Beautiful Bill' That Could Affect Housing
The tax and spending bill signed by President Trump has provisions that could benefit the housing market. Some of these provisions include restoring the deduction for mortgage insurance, increasing the standard taxpayer deduction, expanding the low-income housing tax credit, making Opportunity Zones permanent, and increasing the state and local taxes (SALT) deduction. These changes are expected to... more
Jul 8, 2025 2:05 PM
— Bond Markets
Correction Starting to Level Off?
Bonds managed to stop the bleeding early and push back toward unchanged levels by the end of the day, showing a potential trend reversal. Despite some selling overnight and early in the day, there was a very slight recovery with very low volatility.
Jul 8, 2025 12:05 PM
— Mortgage Rates
Mortgage Rates Still Lower Than May/June Despite Drifting Higher
Mortgage rates have increased steadily in July, with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 days. Despite this, rates are still the lowest since late April.
Jul 8, 2025 12:01 PM
— Mortgage Lenders
MSR Exchange, DSCR, DPA/Energy, Automated Bank Statement Analysis; LO Comp Changes
The article discusses various updates and developments in the mortgage industry, including information on technology impacting lending, a platform for vendors and service providers, and new loan products from different companies.
Jul 8, 2025 10:02 AM
— Tax Deductions and Mortgage Interest
Have a mortgage? Trump’s tax law might give you new deductions.
The One Big Beautiful Bill Act permanently extends a $750,000 limit on mortgage interest deduction and allows mortgage insurance premiums to be deducted as interest. With the SALT cap quadrupled, more homeowners are considering itemizing. This change can benefit homeowners, especially in high-tax states with high mortgage rates.
Jul 8, 2025 9:07 AM
— Mortgage Finance
Prices for New Homes Declining at Accelerated Rate
The article discusses the latest trends and developments in the mortgage industry, focusing on key factors impacting mortgage rates and the overall housing market.
Jul 8, 2025 8:06 AM
— Bond Markets
Heads: They Win. Tails: You Lose
Stocks and bonds are responding to new developments on the tariff front, with letters sent to trade partners announcing new tariff rates effective August 1st. Despite general tariff fatigue, the market was paying attention due to the formal nature of the announcements. While stocks were falling, bonds were holding steady, and vice versa.
Jul 8, 2025 4:02 AM
— Bond Markets
Slow Start; Light Calendar This Week
After a rally reversal following last week's jobs report, the bond market is facing a data-free week with little movement from last Thursday's close. Thursday saw heavy selling, potentially ending the rally trend from late June. The most anticipated event on the horizon is next week's CPI data, which will likely determine the direction of trading levels and trends.
Jul 8, 2025 3:02 AM
— Housing Market
For The Housing Market This Year, It All Comes Down to Mortgage Rates
The housing market has remained frozen in 2025 with an affordability crisis, high mortgage rates, and low inventory contributing to the stagnation. However, there are signs of small improvements such as increased listings and slower price increases in certain areas. Economists predict that a real estate thaw may occur in 2026, especially if interest rates decrease.
Jul 8, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 8, 2025: A small move higher as Trump presses on tariffs
The article discusses the current fluctuation in mortgage interest rates, attributed to factors such as the stock market, Treasury yields, and Federal Reserve decisions. It provides information on current mortgage rates, refinancing rates, potential impacts of mortgage term lengths, and the differences between fixed-rate and adjustable-rate mortgages. It also touches on future trends in mortgage r... more
Jul 7, 2025 3:02 PM
— Investment Options for Retirement Income
Ask an Advisor: I’m 62 and Need ‘Reliable Income’ in Retirement. What Investments Do You Suggest?
A 62-year-old self-employed individual who is looking to invest in another property for retirement income seeks advice. The article emphasizes the importance of starting with a comprehensive financial plan before deciding on investments. It suggests considering various income-oriented investments such as rental properties, real estate investment trusts (REITs), bonds, cash equivalents, dividend st... more
Jul 7, 2025 2:08 PM
— Interest Rates
NY Fed report: Return to zero rates a 'significant' risk
Market concerns remain about a return to zero interest rates despite the Federal Reserve's policy rate being far from its lowest point. Federal Reserve Banks of New York and San Francisco conducted findings on this issue. Additionally, a federal judge rejected defenses by a brokerage selling loans to United Wholesale Mortgage and Rocket Pro TPO, while government-sponsored enterprises are tightenin... more
Jul 7, 2025 2:04 PM
— Bond Markets
Correction Continues Despite Tariff Announcements
Bonds started the day weaker and continued to lose ground in the morning. After new tariff announcements caused selling in stocks, there was some initial buying in bonds, but not for long. Tariffs have proven to be a double-edged sword for bonds. Today's weakness added to a multi-day correction that began last Wednesday. Buyers may remain hesitant until more of the week's Treasury auction cycle ta... more
Jul 7, 2025 2:01 PM
— Mortgage Rates
This map compares average mortgage rates by state
The article discusses how mortgage rates vary by state, factors influencing rates, and how borrowers can qualify for lower rates by improving their credit scores and other financial aspects. It also mentions the impact of laws, competition among lenders, and the type of mortgage on interest rates.
Jul 7, 2025 2:01 PM
— Mortgage Rates
Will mortgage rates continue falling this July?
Mortgage rates have fallen for the fifth consecutive week, currently averaging 6.75% for a 30-year mortgage loan. This decline is seen as positive for homebuyers, but it remains uncertain if the trend will continue. Factors influencing mortgage rates include economic policies, the Federal Reserve's federal funds rate, and the 10-year Treasury yield. Changes in inflation and potential Fed rate cuts... more
Jul 7, 2025 1:08 PM
— Housing Market
Tariffs, jobs, rates: What's sinking buyer mood most?
Consumer homebuying sentiment decreased in June due to fears over job cuts and tariff fallout. Confidence among US homebuilders also fell in June, with potential buyers concerned about high mortgage rates and the economy. Despite this, more consumers believe that home prices will rise in the coming year.
Jul 7, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Continue Higher For Third Straight Day
Mortgage rates remained stable or decreased for the entire second half of June but have started to rise in response to economic data and the recent jobs report. This increase in rates marks the highest levels since June 25th, although those rates were still the lowest since early April at that time.
Jul 7, 2025 10:05 AM
— Mortgage Finance
CHLA Urges CFPB to Act on LO Comp Reforms
The article discusses the latest trends and updates in the mortgage finance industry, focusing on design, content management systems, hosting, and web development.
Jul 7, 2025 10:01 AM
— Housing Market
Why mortgage purchase apps are on a 22-week growth streak
Purchase applications for the existing home sales market have shown 22 weeks of year-over-year growth, including nine consecutive weeks of double-digit growth. The data has been overlooked due to confusion, but with mortgage rates easing, the summer housing market may heat up.
Jul 7, 2025 9:45 AM
— Mortgage Finance
Popular Stock Trading App Offers Mortgage Discounts to 'Gold' Members
The article discusses various updates and trends in the mortgage industry as of 2025. It likely covers topics such as mortgage rates, housing market trends, mortgage lender activities, and other related developments.
Jul 7, 2025 9:41 AM
— Mortgage Rates
Mortgage and refinance interest rates today for July 7, 2025: How to handle a high-rate housing market
Today's mortgage interest rates have increased slightly, with the 30-year fixed rate at 6.59% and the 15-year fixed rate at 5.81%. To secure the lowest possible rate in a high-rate environment, consider shopping around for lenders, exploring different loan programs, and looking into VA loans or interest rate buydown options.
Jul 7, 2025 9:00 AM
— Tax Legislation and Its Impact on Economic Growth
"Big Beautiful Bill" Senate GOP Tax Plan: Details and Analysis
The Senate Finance Committee introduced a new tax bill called the One Big Beautiful Bill (OBBB) which was passed by the House of Representatives and signed into law by President Trump. The bill is estimated to increase GDP by 1.2 percent but also increase federal budget deficits. The bill would lower marginal tax rates and boost economic output, but also increase federal borrowing and deficits. Th... more
Jul 7, 2025 7:42 AM
— Mortgage Rates
Are Rates Low Enough to Consider Refinancing? Today's Mortgage Refi Rates, July 7, 2025
Current average mortgage rates are elevated, with little financial incentive for most homeowners to refinance in 2025. Experts predict a modest decline in rates with potential rate reductions by the Federal Reserve, but not immediately translating to lower mortgage rates. Refinancing can be beneficial, especially if you can reduce your interest rate by 1% or more, but it's essential to consider co... more
Jul 6, 2025 2:42 PM
— Home Equity Line of Credit (HELOC)
HELOC rates today, July 6, 2025: The interest rate on a home equity line of credit stays the same
HELOC interest rates have remained steady during the holiday, with rates starting at 8.90%. This article explains how homeowners can tap into the value of their homes using a HELOC, considering the significant amount of home equity in the country. It also emphasizes that accessing this equity through a HELOC allows homeowners to keep their current low mortgage rate. The article provides informatio... more
Jul 6, 2025 2:42 PM
— Mortgage Rates
Mortgage and refinance interest rates today, July 6, 2025: Refinance rates decrease
Mortgage rates on home purchases have increased, while refinance rates have decreased according to Zillow data. The 30-year fixed refinance rate is down by five basis points, and the 15-year fixed refinance rate has fallen by seven basis points. It may make sense to refinance if today's rates are significantly lower than what you currently have. Mortgage rates for home purchases have not changed m... more
Jul 5, 2025 2:45 PM
— Tax Legislation Impact on Taxpayers
Trump signs massive megabill into law — here’s what it means for your money
Republicans in the House and Senate passed a tax and spending bill that President Trump signed into law on July 4. The law extends existing federal income tax rates and provisions of the Tax Cuts and Jobs Act, introducing new tax benefits. The law will lead to mixed results for taxpayers, with the wealthy seeing income growth and lower-income Americans experiencing cuts. Many tax provisions will s... more
Jul 5, 2025 2:45 PM
— Housing Market
3% mortgage rates aren't dead: Housing market sees 127% increase in buyers taking over old loans
The article discusses how in the current housing market, mortgage rates are not dead as originally predicted. Instead, there is an increase in buyers taking over old loans through assumptions.
Jul 5, 2025 2:43 PM
— Mortgage Lenders
HELOC rates today, July 5, 2025: The home equity line of credit rate remains unchanged
The article discusses the best home equity line of credit (HELOC) lenders of July 2025 according to Yahoo Finance. It highlights some of the benefits and considerations for each lender, such as credit lines offered, payment flexibility, and fees. It also provides insights into the process of obtaining a HELOC and how to manage the debt effectively.
Jul 5, 2025 2:43 PM
— Mortgage Rates
Mortgage and refinance interest rates today, July 5, 2025: Rates hold steady
Today's mortgage rates have increased slightly, with the average 30-year fixed mortgage rate rising to 6.59%. Steady mortgage rates are seen as beneficial for buyers looking to secure a rate, as they provide stability. The article discusses the rates for different types of mortgages, the pros and cons of 30-year fixed and 15-year fixed mortgages, as well as adjustable-rate mortgages. It also menti... more
Jul 4, 2025 2:45 PM
— Mortgage Rates
Rates decrease on mixed jobs report - Mortgage and refinance rates for today, July 4, 2025
Mortgage rates have decreased across all terms compared to a week ago. The latest jobs report suggests the Federal Reserve won't issue a rate cut this month. The rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans have all moved lower. The average rates for different mortgage options are provided, along with insights on refinancing and buying a home.
Jul 4, 2025 3:00 AM
— Mortgage Lending
10 Best Low-Risk Investments In 2025
The article provides information on various low-risk investment options such as savings accounts, money market funds, bank CDs, cash management accounts, U.S. Treasury securities, and bonds. It discusses the reasons to invest in each option as well as the risks associated with them. It emphasizes the importance of considering your long-term investment goals when choosing between low-risk and high-... more
Jul 4, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 4, 2025: Rates drop 28 basis points since last year
Mortgage interest rates have decreased for five straight weeks, with the 30-year fixed rate dropping by 10 basis points to 6.67% and the 15-year fixed rate falling by nine basis points to 5.80%. Economists do not expect rates to drop significantly by the year-end. Refinance rates are slightly higher than purchase rates. Various mortgage options, such as fixed-rate and adjustable-rate mortgages, ar... more
Jul 4, 2025 1:00 AM
— Mortgage Rates
Home Loan Rates Fall: Today's Mortgage Rates for July 4, 2025
The article discusses the current state of mortgage rates, predictions for future rate changes, and factors that influence mortgage rates such as inflation, labor market health, tariffs, and government borrowing. It highlights the importance of comparing offers to secure the lowest rate and preparing financially for potential rate fluctuations. The housing market remains unaffordable for many due ... more
Jul 3, 2025 9:00 PM
— Mortgage Rates
Assumable mortgages gain traction as Texas housing inventory spikes
With home inventory at a 14-year high and interest rates dissuading buyers, more North Texans are turning to assumable mortgages to take on sellers' lower rates. Real estate agents are reporting an increase in interest in assumable mortgages, where buyers can inherit the seller's lower rate. This trend allows buyers to lock in rates as low as 2.5%, resulting in significant monthly savings on mortg... more
Jul 3, 2025 3:02 PM
— Investing Strategies
Investing Advice That Reddit Got Very Wrong — Or Very Right
The article discusses advice on investing from Reddit, highlighting both good and bad suggestions. It warns against following poor advice such as not rebalancing portfolios, heavily investing in a single stock, or betting on meme coins. Instead, it promotes diversification, dollar-cost-averaging, and staying invested for the long haul. The efficient market hypothesis is mentioned to discourage mar... more
Jul 3, 2025 3:00 PM
— Mortgage Rates
Mortgage rates are heading in a new direction. Is that good or bad for homebuyers?
Mortgage rates in the US have been steadily decreasing for the past five weeks, reaching 6.67% in early July. However, there are signs that this trend may be reversing, with rates starting to climb again. Factors such as a strong jobs report and the potential expiration of President Trump's tariff pause are contributing to the uncertainty in the market.
Jul 3, 2025 2:45 PM
— Mortgage Rates
Refis Pick Up Steam as Rate Relief Returns
Mortgage application activity increased last week as rates decreased to the lowest levels since April. Refinance applications rose 7% from the previous week, with a 40% increase compared to the same week last year. Purchase applications remained relatively flat. The average 30-year fixed rate dropped to 6.79%, leading to higher refinance activity and a rise in ARM share.
Jul 3, 2025 1:00 PM
— Bond Markets
Big Market Reaction but Mortgages Outperform
The strong jobs report led to bond sellers pushing the yield curve higher, especially at the short end, but MBS didn't experience as much damage. The MBS market remained relatively stable despite uncertainties about Treasury auctions and the recent spending bill.
Jul 3, 2025 12:01 PM
— Mortgage Rates
Mortgage Rates Rose Less Than Expected After Employment Data
The hotly anticipated jobs report showed no rise in unemployment and a decline to 4.1%, along with a notable increase in the job count to 147k. This led to the bond market surging towards higher yields, indicating upward pressure on mortgage rates, although lenders were already getting in position for the data earlier in the week, which helped absorb most of the bond market movement without signif... more
Jul 3, 2025 12:00 PM
— Mortgage Rates
Mortgage rates just dropped for the fifth consecutive week. Here's what buyers should do now.
Mortgage interest rates have been declining for five consecutive weeks and are now at an average of 6.67% for a 30-year mortgage. There is a possibility of further rate reductions in the coming months, with expectations of a rate cut by the Federal Reserve. Homebuyers are advised to check their credit scores, research real estate agents, and get pre-approved for a mortgage loan in order to take ad... more
Jul 3, 2025 11:02 AM
— Housing Market
NAHB's top economist weighs tariffs, immigration, economics
Home builders are currently facing economic uncertainty due to tariff negotiations, high mortgage rates, labor shortages, and trade negotiations. However, there is a potential for stabilization in the industry with anticipated interest rate cuts and tariff certainty. The housing market is short around 1.5 million homes, creating opportunities for builders. The expansion of a low-income housing cre... more
Jul 3, 2025 11:01 AM
— Mortgage Finance
Housing Affordability Crisis Persists, Researchers Say
The article discusses the latest trends and updates in the mortgage finance industry.
Jul 3, 2025 11:01 AM
— Mortgage Finance
Robinhood Partners With Lender for Mortgage Perk
The article discusses recent trends in the mortgage market, focusing on how mortgage rates have been steadily increasing over the past few months. This increase in rates is causing concern among potential homebuyers who fear they may miss out on favorable rates if they wait to purchase a home.
Jul 3, 2025 11:00 AM
— Mortgage Rates
Refinance applications surge as mortgage interest rates tick down
Americans are taking advantage of the opportunity to refinance their mortgages as rates fell to the lowest since April. Refinance applications increased by 7% compared to the previous week and were 40% higher than a year ago. Homeowners are eager to save money on housing costs, despite mortgage rates remaining in the 6-7% range for the past year.
Jul 3, 2025 10:02 AM
— Mortgage Finance
Pulte Declares War on Fed Chair Powell
The article discusses the current trends in the housing market, focusing on the increasing demand for homes and low inventory levels. Despite rising mortgage rates, buyers are still eager to purchase homes due to the competitive market. Sellers are benefiting from multiple offers and quick sales, leading to a strong seller's market.
Jul 3, 2025 10:01 AM
— Mortgage Finance
BPC Offers Requirements for GSE Reform
The article discusses the copyright of Inside Mortgage Finance Publications in 2025, along with their design, CMS, hosting, and web development. It highlights the importance of protecting intellectual property in the mortgage industry.
Jul 3, 2025 10:00 AM
— Mortgage Rates
Average mortgage rate falls to lowest level since early April
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, providing potential buyers with lower borrowing costs. High mortgage rates have previously contributed to a sales slump in the housing market, but recent data suggests that sales could pick up in the coming months due to the decline in mortgage rates. Mortgage rates are influenced by... more
Jul 3, 2025 10:00 AM
— Mortgage Lenders
UPS to offer voluntary buyout packages to its US drivers
UPS is offering voluntary buyouts to its full-time U.S. drivers as part of a network reconfiguration that includes cutting 20,000 jobs and closing 73 facilities. The Teamsters union is opposed to these buyout plans, calling them a violation of their national contract with UPS.
Jul 3, 2025 9:47 AM
— Mortgage Rates
Mortgage rates drop again but chance of Fed cut also falls
Mortgage rates have fallen below 6.7% for the first time since mid-April. Despite a slight drop, the rates remain at levels last seen in February. The 30-year fixed rate mortgage is still lower than it was for the same week last year.
Jul 3, 2025 9:01 AM
— Housing Market
HELOC Products; Bank Builder JV; Customer Service and Compliance; Employment Data
The article discusses various topics related to mortgages, including the impact of inflation on hot dog prices, the strength of the economy affecting Fed rate cuts, new mortgage divisions launched by banks and builders, the importance of customer service in compliance strategy, developments in the capital markets, and the role of MISMO standards for mortgage loan officers.
Jul 3, 2025 9:01 AM
— Mortgage Rates
Mortgage rates fall for fifth straight week, lowest since mid-April
Mortgage rates have decreased for the fifth consecutive week, with the average rate on the benchmark 30-year fixed mortgage reaching its lowest level since mid-April. This decline is seen as encouraging by Freddie Mac's chief economist, as it may help improve affordability challenges in the housing market.
Jul 3, 2025 9:00 AM
— Mortgage Rates
When will mortgage rates go down? The outlook for the second half of 2025.
Freddie Mac reported a fifth consecutive week of decreasing mortgage interest rates, with current rates for 30-year fixed-rate mortgages at 6.67%. Despite the decreases, rates are still relatively high, and there is little indication that rates will drop significantly in the near future. Mortgage rates are influenced by the Federal Reserve's decisions and the 10-year Treasury yield, and buyers are... more
Jul 3, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, providing optimism for potential home buyers. High mortgage rates have contributed to a sales slump in the U.S. housing market, with sales of new homes declining as well. However, recent data suggests a potential increase in sales in the coming months due to the recent decline in mor... more
Jul 3, 2025 9:00 AM
— Mortgage Rates
Mortgage rates drop for fifth straight week
Mortgage rates have dropped for the fifth consecutive week. The average 30-year fixed rate was 6.67% and the average 15-year rate was 5.80%. The decline in rates has led to more sellers entering the market and an increase in mortgage applications. Pending home sales have also seen a slight uptick. Federal Reserve is not expected to cut rates at its next meeting, after a resilient jobs report for J... more
Jul 3, 2025 8:06 AM
— Mortgage Finance
Piper’s Mid-Year Take on Mortgages: No Normalcy Yet
The article focuses on developments in the mortgage industry in 2025.
Jul 3, 2025 8:05 AM
— HELOC rates retreat, while home equity loans rise a bit
HELOCs And Home Equity Loan Rates Flat This Week
The average rate on a $30,000 home equity line of credit (HELOC) remained unchanged at 8.27 percent, while the average rate on a $30,000 home equity loan held steady at 8.26 percent. Rates for HELOCs and home equity loans are being impacted by lender competition and the Federal Reserve's actions. Both rates have declined from previous highs but are still higher than rates seen three years ago. Hom... more
Jul 3, 2025 8:00 AM
— Housing Market
Mortgage jobs, others inch up, as rate cut tensions grow
Mortgage bankers and brokers are proceeding with caution in their hiring practices due to uncertainties in the economy and the rate outlook. The Federal Reserve chairman faces political pressure regarding inflation levels, while the 30-year fixed-rate mortgage is expected to remain stable for the time being. HUD is making changes to manufactured housing programs, and the Mortgage Bankers Associati... more
Jul 3, 2025 7:01 AM
— Bond Markets
Jobs Report Comes in Stronger. Bonds React Logically
The jobs report for this morning showed stronger results than expected, leading to bond market weakness. The drop in unemployment also contributed to the sell-off. Despite some 'yeah buts' in the data, there was nothing significant enough to suggest lower yields. Revisions have been more aligned with the consensus, which could potentially benefit the bond market in the future.
Jul 3, 2025 7:00 AM
— Mortgage Lending
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
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Jul 3, 2025 5:00 AM
— Mortgage Rates
Most rates fall: Is now the best time to buy? - Today's mortgage and refinance rates, July 3, 2025
Mortgage interest rates, including rates for 30-year fixed, 15-year fixed, and jumbo loans, decreased due to a drop in the 10-year Treasury yield after geopolitical conflict. There are projections of potential rate cuts by the Federal Reserve, with some positive signs for homebuyers in terms of more homes for sale and stable mortgage rates. Refinancing decisions depend on current rates, future rat... more
Jul 3, 2025 3:01 AM
— Mortgage Rates
Mortgage Rates Move Down Amid Uncertainty
The article discusses the current state of mortgage rates, particularly in response to factors such as the Federal Reserve's decisions, President Trump's tariff policies, inflation rates, and market volatility. It also mentions how mortgage rates are influenced by investor appetite for 10-year Treasury bonds and how they are likely to move gradually rather than dramatically.
Jul 3, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 3, 2025: Higher as the budget bill and jobs report worry traders
Mortgage rates increased recently, with the average 30-year fixed rate at 6.58% and the 15-year fixed rate at 5.77%. Various factors such as the U.S. House's failure to pass a budget bill contributed to the bond market's volatility. Mortgage rates are significantly impacted by the economy and various mortgage terms are available, such as the popular 30-year and 15-year fixed-rate mortgages.
Jul 2, 2025 2:00 PM
— Bond Markets
Bonds Circle The Wagons Ahead of High Risk NFP
The bond market is anticipating a lower NFP number despite the consensus of 110k. The ADP employment report showed a significant miss, causing initial bond market rally that was not sustained. Overall, there was minimal weakness with bonds holding steady on the eve of high-consequence data release.
Jul 2, 2025 12:00 PM
— Mortgage Rates
Rates Finally Rise Ahead of Jobs Report
Mortgage rates, after falling consistently for over two weeks, increased by 0.06% today. However, rates are still at their lowest since early April. There is an expectation for rates to bounce back after a winning streak of 5-8 days. The upcoming jobs report and Inflation data could impact the Fed's decision on cutting rates this month, which will, in turn, affect mortgage rates. The market is ant... more
Jul 2, 2025 10:00 AM
— Interest Rates
Refi applications soar as homeowners seize on lower rates
Last week, homeowners took advantage of low interest rates to refinance their mortgages. Mortgage applications have been rising, with borrowers showing interest in FHA loans and refinancing. A mortgage firm is offering a lower interest rate for one year to borrowers who use their services to refinance. Treasuries fell due to a selloff in the UK bond market, and the industry leader filed a rare the... more
Jul 2, 2025 10:00 AM
— Mortgage Rates
Rates go down: Will they keep falling? - Current mortgage and refinance rates for July 2, 2025
Mortgage interest rates have decreased across the board, including rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans. The drop in rates is attributed to the 10-year Treasury yield declining due to recent geopolitical conflicts. There is uncertainty regarding the future impact of tariffs and the job market, with predictions of the Federal Reserve cutting rates later in the year. Des... more
Jul 2, 2025 9:00 AM
— Housing Market
Processing, Lead-Gen Tools; HELOCs, 2nds, Non-Agency Products; Maryland's DSCR Controversy
The article discusses the projected slowing of home price appreciation due to increased supply, steady interest rates, and weaker economic conditions. Various forecasts predict average home price growth ranging from decline to slight increase in the coming years. Additionally, the article mentions new products and services offered by different mortgage-related companies to enhance loan officer lea... more
Jul 2, 2025 9:00 AM
— Mortgage Lending
Federal Mortgage Regulator Bill Pulte Calls on Congress to Investigate Fed Chair Powell
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Jul 2, 2025 7:00 AM
— Bond Markets
Bonds Think About Rallying on ADP Data, But Already Getting Cold Feet
The ADP employment report came out much weaker than expected, prompting a potential rally on the bond market. However, global bond markets are facing pressure from a rout in UK debt and ADP's track record in predicting NFP is hit or miss.
Jul 2, 2025 7:00 AM
— Mortgage Lending
Mortgage Rate Decline Drives Second Week of Rising Home Loan Applications
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Jul 2, 2025 6:00 AM
— Mortgage Lending
You locked in a low mortgage rate — now you want to move. What should you do?
Homeowners with low mortgage rates are finding it difficult to move due to higher rates in the market. Some options include renting out the existing home to qualify for a new mortgage, using a mortgage recast to lower monthly payments, looking for assumable mortgages, utilizing rate buydowns, and exploring portable loans, although the latter is not widely available in the United States. It's impor... more
Jul 2, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Sink Amid Signs of a Weakening Labor Market: Today's Rates, July 2, 2025
The article discusses how an uptick in unemployment could prompt Fed cuts, impacting mortgage rates. It mentions that mortgage rates are currently around 7%, which is not ideal for the summer housing market. The Federal Reserve has adopted a wait-and-see approach on interest rates due to economic uncertainties like inflation, global trade wars, and policy turbulence. Homebuyers are advised to be p... more
Jul 2, 2025 5:00 AM
— Mortgage Security
Mortgage refinancing heats up as rates slide again
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Jul 2, 2025 4:00 AM
— Mortgage Rates
Mortgage refinance demand surges, as interest rates drop further
Mortgage rates fell to the lowest level since April, leading to a 7% increase in refinance applications compared to the previous week. The average contract interest rate for 30-year fixed-rate mortgages decreased to 6.79%. Homebuyers, however, were less motivated by the drop in rates, with mortgage applications for home purchases only increasing by 0.1%.
Jul 2, 2025 4:00 AM
— Mortgage Lending
US Mortgage Rates Hit Lowest Since April in Boost to Refinancing
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Jul 2, 2025 3:00 AM
— Home Equity Lines of Credit (HELOC)
HELOC rates today, July 2, 2025: The home equity line of credit rate sneaks up slightly
HELOC interest rates changed slightly, with some rates increasing. Federal Reserve Chairman Jerome Powell did not rule out a rate cut in July, which could possibly affect consumer product pricing. Currently, homeowners continue to have considerable home equity, and taking out a HELOC might be a beneficial option. HELOC rates are based on an index rate plus a margin, but the rates can vary widely d... more
Jul 2, 2025 3:00 AM
— Mortgage Lending
Homebuyers Gain $16,000 in Purchasing Power As Mortgage Rates Dip to Lowest Level in 3 Months
The article discusses how potential homebuyers can maximize their chance of getting approved for a mortgage. It emphasizes the importance of reviewing credit reports, improving credit scores, saving for a down payment, and reducing debt before applying for a loan.
Jul 2, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 2, 2025: Mostly unchanged as U.S. budget bill nears finish line
Mortgage interest rates remained mostly unchanged, with the 30-year fixed rate at 6.53% and the 15-year rate at 5.69%. The 10-year Treasury rate fell slightly, leading to uncertainty over future mortgage rates. Various mortgage rates were listed, including average national rates and refinance rates. The article also discussed the pros and cons of 30-year fixed-rate mortgages, 15-year fixed-rate mo... more
Jul 1, 2025 3:00 PM
— Mortgage Rates
Will Lower Rates Help the Housing Market? Fed Chair Powell's Not So Sure.
Lawmakers and administration officials question if the Federal Reserve is to blame for high mortgage rates. Mortgage rates are currently around 6.8%, much higher than in 2020. Low inventory and a housing shortage in the US are also contributing to high housing costs.
Jul 1, 2025 2:00 PM
— Bond Markets
Traders Buy The Dip After AM Data
Bonds started the day in line with yesterday's levels but were impacted by data releases like the JOLTS report and Senate's spending bill passage. Despite some volatility, bonds remained open-minded ahead of the upcoming jobs report and CPI release. Throughout the day, there was some back and forth movement in bond prices and yields.
Jul 1, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Hold Steady at 3 Month Lows
The average 30yr fixed mortgage rate is currently at a low point, with some lenders offering slightly lower rates due to improvements in the bond market. Job openings data released this morning caused a slight deterioration in the bond market. Thursday's big jobs report could lead to increased volatility in mortgage rates.
Jul 1, 2025 9:00 AM
— Mortgage Lenders
HUD rescinds 12 FHA policies: What home lenders need to know
The Department of Housing and Urban Development (HUD) made changes to its manufactured housing programs, including eliminating the chassis requirement, which mortgage lenders believe will make the program more attractive for participants. This decision is part of HUD's alignment with the Trump administration's deregulatory strategy, despite reports of potential fraud and corruption.
Jul 1, 2025 9:00 AM
— Mortgage Industry Developments
FICO Simulation, Georgia Servicing, Recapture Tools; What LOs Should Be Doing Now; Deficits and the New Tax Bill
The article discusses various changes and challenges in the mortgage industry in 2025, such as developments at the GSEs, changes in the servicing landscape, new loan programs, and tools for lenders. It also highlights partnerships between companies to provide innovative solutions for mortgage lenders.
Jul 1, 2025 9:00 AM
— Mortgage Rates
Rates down: Here's why | Current mortgage and refinance rates for July 1, 2025
National mortgage rates dropped on all loan terms compared to a week ago. The recent conflict between Israel and Iran caused the 10-year Treasury yield to drop, pushing mortgage rates down. The average rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans have all decreased. Experts predict that mortgage rates will hold steady this year between 6 and 7 percent.
Jul 1, 2025 8:07 AM
— Mortgage Finance
VA Originations Down in 1Q as Refi Activity Falls Hard
The article discusses various aspects of mortgage lending and the importance of staying informed about changes in the mortgage market. It emphasizes the need for borrowers to be aware of current mortgage rates and understand how different factors can affect their mortgage terms.
Jul 1, 2025 8:00 AM
— Bond Markets
AM Data Possibly Arguing For a Bounce
Tuesday's economic data included S&P/ISM Manufacturing PMIs and Job Openings. While PMI data was slightly stronger than expected, job openings data showed a significant bounce, suggesting a leveling off after a rapid decline. This led to MBS moving back to yesterday's lows and yields near yesterday's highs.
Jul 1, 2025 8:00 AM
— Housing Market
Slow, Sideways Start, But Month-End Volatility Always a Possibility
Month/quarter end trading can be confusing for the average market watcher as it may seem to defy logical reasons for market movements. While there are underlying reasons for this volatility, they can be complex and require a deeper understanding. Today's economic data has already been released, with no significant impact on trading levels, which have remained mostly stagnant since Friday.
Jul 1, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Continue Falling Streak, for Now: Today's Mortgage Rates on July 1, 2025
The article discusses how current economic uncertainties, like inflation, global trade war threats, and policy turbulence, are impacting mortgage interest rates. Experts predict that if President Trump eases tariff measures or if the labor market worsens, the Federal Reserve may cut interest rates as early as September. Despite the potential for rates to eventually decrease, there are various risk... more
Jul 1, 2025 6:00 AM
— Mortgage Refinance Rates
With Rates Falling, Does It Make Sense To Refinance? Current Mortgage Refi Rates on July 1, 2025
Despite average mortgage rates staying stubbornly high between 6.5% and 7%, experts foresee a potential uptick in refinancing activity if rates drop below 6%. The Federal Reserve has left borrowing rates unchanged this year, but they are expected to resume cutting rates, though this may not immediately impact mortgage rates. Refinancing can be financially beneficial under various circumstances, su... more
Jul 1, 2025 3:00 AM
— Mortgage Lending
Mortgage rates are coming down. Does the trend have any legs?
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Jul 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 1, 2025: Small moves in both directions for 15- and 30-year terms
The article discusses the current mortgage interest rates, differences in rates between different mortgage types, the impact of various factors on interest rates, comparisons between fixed-rate and adjustable-rate mortgages, and expectations regarding future mortgage rate trends.
Jun 30, 2025 3:01 PM
— Bond Markets
Steady Gains in the PM Hours
On quarter-end trading, bond buying in the afternoon resulted in yields bottoming out just before the NYSE close. Month-end buying picked up later, leading to a strong move into the close with MBS up almost a quarter point and 10yr down 4.8bps.
Jun 30, 2025 3:00 PM
— Mortgage Rates
FHFA’s National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores
The article analyzes data on outstanding mortgages by interest rate, average mortgage interest rates, borrowers' credit scores, and loan-to-value ratios. It shows a surge in the percentage of loans under 3% in early 2020 due to declining mortgage rates during the pandemic. The data also reveals that a large percentage of mortgage loans were under 4% prior to the pandemic, with the percentage of lo... more
Jun 30, 2025 2:00 PM
— Mortgage Lenders
Would-be Home Buyers Are Deterred by Interest Rates. Explore Your Options.
The article discusses various options for buying a home, including locking in the rate and utilizing government-backed loans.
Jun 30, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Take Another Step Toward April Lows
Average 30yr fixed mortgage rates were in the mid-6s but have come down slightly in recent days. Economic data in the upcoming week, especially the jobs report, will play a significant role in determining whether rates will continue to decrease or bounce back up. The recent movement in rates was not driven by any specific news or data but rather by traders positioning their portfolios for the end ... more
Jun 30, 2025 10:02 AM
— Housing Market
The Fed chose Treasury markets over housing sanity
During a testimony to the House Financial Services Committee, Federal Reserve Board Chairman Jerome Powell evaded questions about the impact of monetary policy on housing, claiming that the best course of action was to restore price stability to bring rates down. The Fed had previously caused a surge in mortgage lending activity and home prices by aggressively forcing mortgage rates down. This pol... more
Jun 30, 2025 10:00 AM
— Housing Market
Why are home prices so high? Factors contributing to current housing costs.
The article discusses the rising home prices in the United States due to various factors such as lack of affordable housing supply, low mortgage rates that give homeowners little incentive to sell and trade up, and additional economic stressors like tariffs, labor shortages, and insurance costs. The current situation seems to be affecting both buyers and sellers, leading to higher prices and a sup... more
Jun 30, 2025 10:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 30, 2025: Rates hold steady
The article discusses the current mortgage rates as of the end of Q2 2025, providing details on the average rates for different types of mortgages. It emphasizes that economists do not expect significant drops in mortgage rates in the coming years. The article also explains the differences between 15-year and 30-year mortgages, adjustable-rate mortgages, and how factors like credit score and down ... more
Jun 30, 2025 9:01 AM
— Mortgage Finance
VA Lending Falls, Refis In Particular
The article discusses the importance of staying informed about current mortgage rates in order to make sound financial decisions. It emphasizes the impact that fluctuating interest rates can have on the overall cost of a mortgage and advises individuals to shop around for the best rates.
Jun 30, 2025 9:01 AM
— Regulation and Compliance News
Automation, HELOC Products; The Current State of Regulation and Compliance; Interest Rates Sagging
Mortgage fraud is still a prevalent issue in the United States and Canada. The recent MBA Hawai’i conference discussed regulatory and compliance issues in the mortgage industry. Various companies are offering products, software, and services for brokers and lenders, such as digital HELOC programs and Encompass automation strategies. The CFPB continues to prosecute cases involving consumer protecti... more
Jun 30, 2025 5:01 AM
— Retirement Planning
Ask an Advisor: I Have $1M in My IRA. How Much Will I Pay in Taxes When RMDs Begin?
Once you reach age 73, you will need to take required minimum distributions (RMDs) from your traditional IRA each year, which are subject to income tax. RMDs are calculated based on an IRS formula using your age and account balance. Starting at age 73, distributions from tax-deferred accounts follow a schedule based on life expectancy, and withdrawals combined with a portion of your Social Securit... more
Jun 29, 2025 5:01 AM
— Mortgage Rates
The Historically Wide Spread between the 10-Year Treasury Yield and Mortgage Rates Widened Again: Some Thoughts
The article discusses the movements in Treasury yields, mortgage rates, and spreads between them. It mentions the historical context of mortgage rates and how they are influenced by Fed policy like QE and QT. It explains how the widening spreads are causing relatively higher mortgage rates.
Jun 29, 2025 5:00 AM
— Housing Market
Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates
Recent housing market indicators show a persistent weakness in home prices, with month-over-month declines and a risk of a prolonged downturn due to high mortgage rates around 7%. The latest Case-Shiller and FHFA price reports indicate falling house prices, slowing demand, and declining momentum in the existing homes market. Economists attribute the price declines to high mortgage rates, elevated ... more
Jun 28, 2025 3:00 PM
— Housing Market
Falling home prices are raising the risk of a deeper correction as the housing market cracks under high mortgage rates
Recent indicators suggest a possible extended slump in house prices, with the Case-Shiller home price index showing a 0.3% monthly fall and the FHFA price index also indicating a drop. The market is facing challenges due to near-7% mortgage rates, high borrowing costs, and weakening consumer demand. While lower prices may attract more buyers, economists warn of ongoing headwinds that could lead to... more
Jun 28, 2025 1:00 PM
— Housing Market
Have slightly lower mortgage rates stabilized the housing market?
Mortgage rates have been slowly decreasing, with the last two weeks being particularly noteworthy. Despite elevated rates, homebuyers are not discouraged, and new listings are slowing down, showing a lack of stress among home sellers in 2025. As mortgage rates dip and Washington rethinks housing policy, buyers may have a narrow window of opportunity in a cautious market.
Jun 28, 2025 8:00 AM
— Bond Markets
Minimal Impact From PCE Data
Bonds were slightly weaker at the start of the final trading day of the week, but this was not due to the morning's PCE data. The PCE data did not cause much of a stir, despite core monthly inflation being slightly higher than forecast. Lower income and spending offset the higher inflation. Bonds improved slightly, but headlines about the Senate's push to approve its version of the spending bill h... more
Jun 28, 2025 8:00 AM
— Mortgage Finance
Non-QM MBS Withstanding Rising Delinquencies
The article discusses the current trends and challenges in the mortgage industry, including changes in mortgage rates, housing market conditions, and the impact of economic factors on mortgage lending.
Jun 28, 2025 5:03 AM
— Mortgage Finance
Mixed Trends for ARM Originations in Early 2025
The article discusses the latest trends and developments in the mortgage industry, focusing on key factors affecting mortgage rates and lending practices.
Jun 28, 2025 5:03 AM
— Mortgage Finance
Short Takes: Stable Rates / Pending Home Sales Up Slightly / Inflation Higher Than Expected / New Verification Tool From MISMO
The article discusses the latest trends in the mortgage market focusing on mortgage rates and housing market dynamics.
Jun 28, 2025 5:03 AM
— Housing Market
New Home Sales Drop to Lower End of Range After Hitting The Highs Last Month
New Home Sales dropped sharply in May, with a 13.7% decrease from April and a 6.3% decrease from the same month last year. Inventory increased to 507,000 homes, resulting in a 9.8-month supply, the highest in several years. Median and average home prices also rose compared to the previous month and year. The decline in sales was most significant in the South and West regions.
Jun 28, 2025 5:02 AM
— Bond Markets
Modest Friday Bounce Does Little to Alter Bigger Picture
Bonds gave up their gains late in the day after a decent recovery, likely due to Senate moving closer to a spending bill vote and Trump declaring an end to trade negotiations with Canada, potentially implying inflation pressure. The week overall saw lower Fed Funds Rate expectations, which will be further influenced by key economic reports in the following weeks.
Jun 28, 2025 5:02 AM
— Housing Market
Pending Home Sales Data Scores Some Points, But Not Enough to Change The Game
The National Association of Realtors' Pending Home Sales Index has been rangebound for over two years due to affordability pressures and elevated mortgage rates. Despite a modest 1.8% increase in May, the index is still below pre-2022 levels. Contract activity remains sluggish due to rate constraints in the housing market.
Jun 28, 2025 5:02 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 28, 2025: Rates nosedive since last weekend
The article discusses the current mortgage rates, which have dropped since last weekend. The average 30-year fixed mortgage rate is 6.53%, while the 15-year fixed rate is 5.71%. Economists predict that rates will remain above 6% through 2026. The piece also explains the advantages and disadvantages of 30-year fixed mortgages versus 15-year fixed mortgages and adjustable-rate mortgages (ARMs). It m... more
Jun 28, 2025 3:01 AM
— Mortgage Rates
Rates decrease as home sales slightly up - Current mortgage and refinance rates, June 27, 2025
Mortgage interest rates have decreased across all loan terms compared to a week ago. The Federal Reserve opted to keep the benchmark federal funds rate unchanged due to factors like inflation and employment uncertainty. The current average rates for a 30-year fixed mortgage, 15-year fixed mortgage, 5/1 adjustable rate mortgage (ARM), and jumbo loans have all dropped. Dr. Selma Hepp predicts that t... more
Jun 27, 2025 10:02 AM
— Mortgage Rates
Mortgage Rates Not Too Far From 8 Month Lows
Friday's mortgage rates held steady, with an average rate of 6.72%, which is close to the lowest it has been since early April. Mortgage lenders tend to offer rates in 0.125% increments, so there is only a small difference from the lows in April. Recent improvement in rates is attributed to softer economic data and inflation. However, rates could increase suddenly if there is a surge in employment... more
Jun 27, 2025 9:00 AM
— Mortgage Finance
Securitization Rate Increasing for Residential Mortgages
The article discusses the latest trends and developments in the mortgage industry, highlighting important topics such as mortgage rates, housing market conditions, and the impact of Treasury rates on mortgage lending.
Jun 27, 2025 5:03 AM
— Mortgage Lending
Hedging, Processing, Community Lending, Servicing, Mortgage Intelligence Tools
The article discusses the topic of compensation for loan officers in the residential lending industry. It suggests that loan officers can make the same amount of money with lower rates and lower compensation, leading to business growth and less stress. The article also mentions webinars on LO compensation and features products and services from various companies related to brokers and lenders.
Jun 27, 2025 5:00 AM
— Mortgage Lenders
Guild LOs bombarded by recruiters after $1.3B deal news
Guild Mortgage is finalizing a deal to go private through a $1.3 billion acquisition by Bayview Asset Management. The potential increase in fraud, corruption, and predatory practices in the mortgage industry due to this acquisition is causing concerns among regulators. The move to private ownership is part of a broader trend of mortgage lenders and servicing players merging. The Senate version inc... more
Jun 27, 2025 3:04 AM
— Mortgage Refinancing
The 7 mistakes I made when refinancing my mortgage
The article discusses the author's mistakes made when refinancing their mortgage in 2009. They focused too much on lowering the interest rate and monthly payment without considering other factors such as the APR, closing costs, impact on home equity, and different lender options. The author also mentions the importance of negotiating fees, shopping around for different lenders, and considering the... more
Jun 27, 2025 3:01 AM
— Interest Rates
Researchers find 'surprise' in new mortgage delinquency data
Early- and mid-stage mortgage delinquencies have seen significant yearly increases, indicating possible signs of borrower financial stress. The 30-year fixed rate mortgage is currently below 6.8% for the first time since May, influenced by the movement of the 10-year Treasury rate.
Jun 27, 2025 2:38 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 27, 2025: Slowly easing lower again this week
Mortgage rates have decreased slightly, with the 30-year fixed rate at 6.77% and the 15-year fixed rate at 5.89%. Different types of mortgages, such as fixed-rate and adjustable-rate, are discussed along with information on mortgage refinancing options and the impact of mortgage rates on monthly payments. Mortgage rates are expected to remain relatively stable through 2025 and 2026, with slight de... more
Jun 26, 2025 3:01 PM
— Mortgage Lenders
Fannie Mae, Freddie Mac revamp JV as fintech venture
Fannie Mae and Freddie Mac are unveiling a new strategy for their legacy joint venture, aligning with priorities set by President Trump and their federal overseer. The US government will retain guarantees and an oversight role over the mortgage giants while pursuing a public offering. The companies are also looking at digital currency's use in qualifying borrowers, and new House votes are bringing... more
Jun 26, 2025 2:01 PM
— Mortgage Finance
S&P Warns ‘True Lender’ Risks Persist for ABS Deals
The article discusses the design, CMS, hosting, and web development services provided by a company called ePublishing for Inside Mortgage Finance Publications.
Jun 26, 2025 2:01 PM
— Mortgage Finance
MBS Trading Slips in May as Rates Go Nowhere
The article discusses the latest trends in the mortgage lending industry, including changes in interest rates and the impact on the housing market. It also mentions how mortgage lenders are adapting to these changes to meet the demands of borrowers.
Jun 26, 2025 2:01 PM
— Mortgage Finance
FHFA Changes to CSS May Enable Public Utility Plans
The article discusses various updates on the mortgage industry, including changes in mortgage rates, trends in the housing market, and updates on mortgage lenders. It provides insights into the current state of the mortgage market and highlights key developments that may impact potential homebuyers and homeowners.
Jun 26, 2025 2:00 PM
— Bond Markets
The Trend is Friendly For Now
Bonds have shifted from range-bound to trending lower in yield over the past few days, with today being a confirmation of that shift. Despite yields being at the lowest levels in more than a month, there was solid 7yr Treasury auction today. The data wasn't a huge factor in today's improvement, but there are underlying reasons for the vigor in bonds.
Jun 26, 2025 2:00 PM
— Mortgage Rates
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, offering hope for homebuyers as high borrowing costs and rising prices have impacted the housing market. Sales of both existing and new homes have been sluggish, but there is optimism that sales could pick up in the future due to rising for-sale inventory. Mortgage rates are influenced by factors such as the Fede... more
Jun 26, 2025 1:00 PM
— Mortgage Rates
What happens if mortgage rates go up to 8%?
This article discusses the potential for mortgage rates to rise to 8% or even higher in the future due to economic factors such as trade wars, rising international tensions, government spending, and the bond market. It also touches on the impact of rising rates on housing affordability and advises potential buyers to focus more on what they can afford now rather than waiting for lower rates. The a... more
Jun 26, 2025 12:01 PM
— Mortgage Rates
Mortgage Rate Winning Streak Continues
Mortgage rates have been dropping since June 6th, with the 30yr fixed index moving down almost 0.25%. Today's gains further contributed to the drop of 0.07%. The market is shifting to expect a lower path for the Fed Funds Rate, benefiting both rates and stocks. The winning streak for mortgage rates is currently at 5 days, with potential for a bounce in the future.
Jun 26, 2025 10:01 AM
— Mortgage Rates
Mortgage rates slide after FOMC meeting, Iran attack
Investor reaction to recent events has caused mortgage rates to drop below 6.8% for the first time in over a month, with the 30-year fixed rate mortgage remaining steady. Yields on the 10-year Treasury are climbing due to various factors, and regulatory changes post the Surfside collapse are affecting mortgage access.
Jun 26, 2025 10:00 AM
— Mortgage Rates
Mortgage rates fall for 4th straight week, lowest since early May
Mortgage rates have fallen steadily for the past four weeks, reaching their lowest level since early May. Freddie Mac's report showed that the average rate on a 30-year fixed mortgage is now at 6.77%, down from 6.81% the previous week. Despite low home sales, the stable mortgage rates are providing potential homebuyers with more options in the market. Affordability is a concern, with only three ma... more
Jun 26, 2025 9:01 AM
— Mortgage Finance
The Mortgage M&A Game: Who’s Next?
The article discusses the importance of staying informed about current mortgage rates in order to ensure borrowers are getting the best possible deal. It emphasizes that even small differences in interest rates can have a significant impact on the total cost of a mortgage over time.
Jun 26, 2025 9:01 AM
— Mortgage Finance
Home Equity Loan Originations Steady in First Quarter
The article discusses current trends in the housing market and the impact of low mortgage rates on homebuyers. It mentions that low mortgage rates have been driving increased demand for homes, leading to a competitive housing market with escalating prices.
Jun 26, 2025 9:00 AM
— Mortgage Finance
Grapevine: House Approves Trigger Leads Bill; Rate Outlook
The article discusses the latest trends in the housing market, including an increase in mortgage rates and its impact on homebuyers. It also touches on the role of mortgage lenders in helping buyers navigate the changing market conditions.
Jun 26, 2025 9:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 26, 2025: Lower for the week and remaining in a narrow range
Mortgage rates decreased this week, with the average 30-year fixed rate falling to 6.81%. The stability of mortgage rates is highlighted, allowing homebuyers a wider range of options. Various national average rates for different mortgage types are provided by Zillow, along with insights on fixed and adjustable-rate mortgages. Factors affecting rates, such as the economy, are discussed. The article... more
Jun 26, 2025 9:00 AM
— Mortgage Rates
Mortgage rates fall below 6.8% for first time since May
Mortgage rates have dropped for the fourth consecutive week as geopolitical tensions eased and Treasury yields fell. The rates for a 30-year fixed mortgage decreased to 6.77%, and a 15-year mortgage fell to 5.89%. Despite expectations of interest rate cuts by the Federal Reserve, mortgage rates remain in the high 6% range, affecting home buying activity. The housing market is showing some improvem... more
Jun 26, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate drops to 6.77%, the lowest level since early May
The average rate on a 30-year mortgage in the U.S. fell to its lowest level since early May, which is encouraging for homebuyers as the housing market has been struggling due to high borrowing costs and rising prices. Elevated mortgage rates have kept the market in a slump since 2022, leading to low sales of existing and new homes. However, pending home sales have increased, suggesting potential i... more
Jun 26, 2025 7:00 AM
— Bond Markets
Tons of Data, But Not a Ton of Movement
Despite a busy economic calendar with significant reports such as Durable Goods and GDP, trading volume fell short compared to past sessions. Mixed signals in the data have led to a neutral stance for the day.
Jun 26, 2025 5:01 AM
— Mortgage Lenders
Here's the latest stat showing how the US housing market has frozen over in 2025
The article discusses a special introductory offer for a subscription service with unlimited access and possibilities. The subscription options include a monthly plan for $1 for the first month and then renewing at $12.95 per month, or an annual plan for $49 (saving $100) and then renewing at $149 per year. Subscribers get benefits like unlimited access and the choice to go ad-free.
Jun 26, 2025 3:01 AM
— Tax Deductions for Tip Income and Overtime Pay
No tax on tips and overtime: What workers should know and who stands to see their taxes shrink
Lawmakers are debating provisions in a tax bill, including the proposal to eliminate taxes on tips and overtime pay. The Senate bill would create a deduction for tip income up to $25,000 and the House bill would limit the deduction to taxpayers with MAGI of $160,000 or less. A study shows that only 2% of households would benefit from this tax break, with an average of $1,800 a year. The proposed o... more
Jun 26, 2025 1:00 AM
— Mortgage Rates
Mortgage Rates Dip Down: Mortgage Interest Rates Today for June 26, 2025
The article discusses how key mortgage rates have slightly decreased, potentially bringing positive news to the housing market in 2025. Despite the decrease in rates, buying a home is still unaffordable for many due to high prices and monthly payments. Various factors such as inflation, global trade war threats, and policy turbulence have caused uncertainty in the economic outlook. Mortgage rates ... more
Jun 25, 2025 2:00 PM
— Bond Markets
Mid Day Reversal Leaves Bonds Slightly Stronger
Bond market experienced light selling pressure initially but bond buyers were able to regain control in the afternoon. The Fed's announcement of changes to banking rules also provided some support to the market. Yields closed at their lowest levels since May 7th.
Jun 25, 2025 2:00 PM
— Mortgage Lending
TBA Trading, Servicing Compliance, Digital Marketing, DPA Products; Bank M&A Continues
The article discusses various topics such as AI, mortgage lending, down payment assistance programs, and space exploration. It highlights the importance of AI in the lending industry, the benefits of HELOCs for borrowers, the evolution of the housing market with automation and AI, and the development of new programs to help borrowers. Additionally, it mentions improvements in pricing for non-agenc... more
Jun 25, 2025 1:00 PM
— Mortgage Rates
Mortgage rates big banks advertise are higher than what most people can actually get
The article emphasizes the importance of asking a specific question before signing a mortgage. It also mentions the complexity of navigating credit scores when shopping for mortgages. Additionally, it discusses the potential unsustainability of 7 per cent mortgage rates.
Jun 25, 2025 12:01 PM
— Mortgage Rates
Uptick in refinancing leads to higher mortgage applications
Mortgage rates rose slightly last week, but refinancing demand continued to drive overall applications up. Both purchase and refinance activity declined despite rates falling to a two-month low due to market concerns over geopolitical and tariff issues. The average 30-year fixed-rate mortgage increased slightly to 6.86%, calming economic volatility after the Federal Reserve's recent inaction. Howe... more
Jun 25, 2025 12:00 PM
— Mortgage Rates
Lowest Rates in Over 2 Months
The average top tier 30yr fixed mortgage rate has dropped to the lowest levels since April 4th due to two days of modest improvement. April 4th marked a significant point as rates had sharply increased after that date due to a strong jobs report and tariff concerns. Yesterday's bond market strength led to further improvement in mortgage rates, with lenders issuing mid-day reprices in response.
Jun 25, 2025 12:00 PM
— Housing Market
US housing construction is dead with current mortgage rates
The article discusses why housing permits and housing starts are at recessionary levels despite new home sales staying within a range for many years. Homebuilders' profit margins are dwindling, impacting housing construction. Builder confidence is low, with optimism based on expectations of decreasing mortgage rates and reduced regulations. The article emphasizes the negative impact of high mortga... more
Jun 25, 2025 9:01 AM
— Mortgage Finance
Short Takes: Powell Firm on Interest Rates / Public Land Sales Hit Roadblock in Senate / Bayview Boosts Issuance of Non-Agency MBS With GSE-Eligible Mortgages / Cerberus CES Securitization
The article discusses a generic topic related to mortgages that is not specified. It seems to focus on the overall mortgage industry and its current trends.
Jun 25, 2025 9:00 AM
— Mortgage Finance
Researchers Raise Alarms on Housing Inventory, Affordability
The article discusses trends in the housing market, specifically focusing on the impact of rising interest rates on mortgage lending. It highlights the potential effect of higher rates on both homebuyers and mortgage lenders.
Jun 25, 2025 8:00 AM
— Bond Markets
Lighter Calendar and Light Selling
Bonds are pausing today after reaching the best levels in more than a month. The event calendar is not very impactful, with the main source of potential volatility being the afternoon's 5yr Treasury auction.
Jun 25, 2025 8:00 AM
— Housing Market
New home sales plummet more than expected as high mortgage rates sink demand
New US single-family home sales fell more than expected in May due to high mortgage rates, leading to an increase in unsold houses on the market. Mortgage rates remain elevated, contributing to the decline. The Federal Reserve has paused its interest rate cutting cycle in response to economic uncertainty from tariffs imposed by President Trump. Builder sentiment has also dropped to a 2-1/2-year lo... more
Jun 25, 2025 5:00 AM
— Mortgage Finance
Securitization
The article discusses the latest trends in the mortgage market and explores how various factors such as interest rates, housing market conditions, and mortgage lender practices are impacting the industry.
Jun 25, 2025 4:00 AM
— Mortgage Rates
Mortgage rates today drop to 6.81% for 30-year loans
Mortgage rates decreased slightly this week, with the average 30-year fixed rate dropping to 6.81%. Rates have shifted slightly across different loan types. Borrowers with excellent credit and a 20% down payment are seeing these averages. Factors influencing rates include the current market conditions and the potential benefits of locking in a loan below 7%.
Jun 25, 2025 4:00 AM
— Mortgage Rates
Mortgage rates and demand are stuck in a holding pattern
Despite economic uncertainty and military conflicts, mortgage rates have not been significantly impacted. Rates for 30-year fixed-rate mortgages increased slightly, remaining in a narrow range just below 7%. Purchase applications for homes dropped, while applications to refinance rose. The average loan size for purchase applications decreased.
Jun 25, 2025 3:00 AM
— Mortgage Rates
When will mortgage rates go back down to 6%?
The article discusses how mortgage rates have been high recently, hovering between 6% and 7%. It explains the impact of these rates on home prices and provides predictions for future rates, with expectations that rates may not drop below 6% until 2026. Various factors such as inflation and Federal Reserve actions influence the direction of mortgage rates.
Jun 25, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 25, 2025: Dropping as deficit concerns grow
The article discusses how mortgage interest rates have dropped with the 30-year fixed rate at 6.62% and the 15-year rate at 5.85%. It mentions the impact of the 10-year Treasury yield on mortgage rates as well. It compares different types of mortgage rates like 30-year fixed, 15-year fixed, ARMs, and VA mortgages, and how they affect monthly payments. Pros and cons of each type of mortgage are exp... more
Jun 24, 2025 2:00 PM
— Bond Markets
Solid Response to Data and Dovishness
The morning commentary highlighted Jerome Powell's relatively dovish tone in congressional testimony, which provided hope for low rates. Another important development was the labor differential in the Consumer Confidence Index, indicating challenging labor market conditions post-covid lockdowns. Bonds rallied early and closed with incremental gains. MBS were up 9 ticks and 10yr down 5.3bps.
Jun 24, 2025 1:00 PM
— Government-Sponsored Enterprises (GSEs)
Making sense of the Fannie Mae and Freddie Mac privatization rumors
Speculation has arisen about what the process of potentially privatizing Fannie Mae and Freddie Mac could look like, after President Donald Trump expressed interest in 'bringing Fannie Mae and Freddie Mac public.' Many questions have been raised about how the mortgage market, interest rates, capitalization, and government compensation would be impacted by such a move. There is a need for a thought... more
Jun 24, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Lowest Since April
Mortgage rates fell to the best levels since early May, reaching even lower rates than the end of April. The improvement in rates was due to the weak labor market conditions highlighted by the Consumer Confidence Index and Fed Chair Powell's testimony indicating a softer tone on potential rate cuts.
Jun 24, 2025 12:00 PM
— Housing Market
Home Prices Fell More Than Expected in April
Both FHFA and Case-Shiller home price indices show a shift in the housing market, with prices rising if seasonality is ignored but down 0.4% from March when adjusted. Regional variations exist, with some divisions experiencing falls and others rises. Overall, home price growth is decelerating, with the smallest annual gain since mid-2023. The data suggests a continued cooling of the market.
Jun 24, 2025 9:01 AM
— Mortgage Finance
Fannie Economists Hike Projection for Interest Rates
The article discusses various aspects related to mortgage lending and its impact on the housing market. It covers trends in interest rates, mortgage rates, and the bond market, highlighting the current state of the industry.
Jun 24, 2025 9:00 AM
— Mortgage Finance
Short Takes: Trigger Leads Bill Approved by House / Home Prices Decline in April / Existing Home Sales Slow / Delinquencies Decline / FHFA to Examine Using Cryptocurrency for Mortgage Qualification
The article discusses the latest trends in the mortgage market, including an analysis of mortgage rates and the impact on housing market activity. It also touches on mortgage lenders and their strategies in response to changing market conditions.
Jun 24, 2025 8:01 AM
— Interest Rates
Top CD Rates Today: June 23, 2025 | Leading Rate Of 4.51% APY Holds Steady
A certificate of deposit (CD) is like a savings account but offers a fixed interest rate for a specific term. Currently, the top APY across CD terms is 4.51 percent for a six-month term. CD rates have trended downward, with the highest one-year CD APY decreasing from 5.66 percent to 4.45 percent. Uncertainty remains about how CD rates will change based on economic conditions.
Jun 24, 2025 8:00 AM
— Mortgage Lending
Trigger lead ban nears finish line in Congress
The Homebuyers Privacy Protection Act, including a trigger leads ban, is close to becoming law after approval by the House of Representatives. The House and Senate need to resolve slight differences before sending it to President Donald Trump. The Mortgage Bankers Association CEO supports the need for guardrails in the ban, stating it aligns with regulatory goals. While transparency in mortgages h... more
Jun 24, 2025 8:00 AM
— Interest Rates
Rally Continues as Powell Shows a Path to Rate Cuts
Federal Reserve Chairman Powell's remarks during congressional testimony suggest a potential for rate cuts in the near future if data on tariffs does not show up in June.
Jun 24, 2025 8:00 AM
— Mortgage Rates
Homebuyers See Small Weekly Dips in Rates: Current Mortgage Rates for June 24, 2025
The article discusses how mortgage rates are slowly decreasing, but are still high, with 30-year fixed rates remaining above 6.5%. The Federal Reserve has kept interest rates steady due to inflation, trade war threats, and policy turbulence. While there is hope for lower rates if inflation cools or the labor market softens, homebuyers should not expect immediate relief. The housing market remains ... more
Jun 24, 2025 7:01 AM
— Mortgage Lenders
Warren Buffett ETFs: 6 Funds That Emulate The Investing Legend's Well-Known Strategies
The article discusses how investors can build their portfolios based on Warren Buffett's philosophy of investing in companies with competitive advantages, high return on equity, and undervalued stocks. It lists six exchange-traded funds (ETFs) that follow parts of Buffett's investment strategies, with a focus on quality companies and value investing. The article also mentions a unique ETF that tar... more
Jun 24, 2025 3:00 AM
— Interest Rates
High-yield savings rates today: June 23, 2025 | Best APY remains 4.30% after Fed’s latest rate decision
Federal Reserve officials have decided to keep interest rates steady at a range of 4.25-4.5 percent, which has caused high-yield savings account rates to somewhat stabilize. Several banks are offering competitive rates for high-yield savings accounts. The Fed's rate decision, along with projected rate cuts, could continue to impact interest rates on savings accounts. Savers are benefiting from rat... more
Jun 24, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 24, 2025: Rates take a small dip lower
The article discusses current mortgage rates and provides information on how to strategize when purchasing a home. It compares different mortgage rates, including 15-year and 30-year fixed rates, as well as adjustable-rate mortgages (ARMs). The article also talks about the impact of the Federal Reserve's decisions on mortgage rates and advice on mortgage refinancing.
Jun 24, 2025 1:00 AM
— Mortgage Rates
Refinance Rates Slide Down Again: Mortgage Refinance Rates for June 24, 2025
Mortgage refinance rates have been elevated between 6.5% and 7% in 2025 due to economic uncertainty. A modest decline in mortgage rates is expected by the end of the year, but a significant increase in refinance activity would occur if rates fell below 6%. The Federal Reserve's interest rate decisions impact borrowing costs but not directly mortgage rates, which are set in the bond market. It is r... more
Jun 23, 2025 5:00 PM
— Mortgage Lenders
What Trump’s Bomb Strike on Iran Means for Mortgage Rates in the US
The article states that the request could not be processed and suggests reaching out to unblockrequest@realtor.com for further assistance.
Jun 23, 2025 2:00 PM
— Mortgage Rates
Best Closing Levels in More Than a Month
Mortgage rates have decreased to the best levels since the first week of May. The improvement is attributed to the shift in Fed Funds Rate expectations after comments from Bowman, increasing anticipation for Fed Chair Powell's congressional testimony.
Jun 23, 2025 1:00 PM
— Mortgage Lenders
Home Sales Stay Sluggish in May as Mortgage Rates and Uncertainty Weigh on Market
The article discusses a processing issue with a request for information on a real estate website and directs users to contact a specific email address for further assistance.
Jun 23, 2025 1:00 PM
— Interest Rates
High rates, prices keep existing home sales muted
Existing home sales in May were slightly stronger than expected but still slower than last year's pace. Median existing home sales price reached a new record high of $422,800. NAR Chief Economist Lawrence Yun stated that lower mortgage rates are needed to boost sales and economic growth. Fannie Mae adjusted its forecast for existing home sales to 4.14 million and predicted 30-year mortgage rates t... more
Jun 23, 2025 12:00 PM
— Interest Rates
Mortgage Rates Lowest Since May 1st
Mortgage rates ended the week at their best levels since May 1st, with a small improvement marking it official. Bond market trading levels played a significant role in these rates, with several factors impacting them such as U.S. involvement in conflicts between Israel and Iran and comments by Fed Vice Chair Bowman hinting at potential rate cuts in July.
Jun 23, 2025 12:00 PM
— Mortgage Application Process
NAR says lower mortgage rates could help boost sluggish sales. When might that happen?
The article discusses the process of verifying human identity online, which may involve completing tasks to prove one is not a robot. This verification process can take a few seconds.
Jun 23, 2025 9:00 AM
— Mortgage Industry Transformations and Innovations
HELOCs and 2nds, Doc Tracking, Execution, POS, Webinars and Training; Rates Steady Despite Iran Conflict
The mortgage industry is adapting to changing market conditions, with a focus on reducing origination costs while still pursuing profitability. Despite challenges, most mortgages are currently performing well, with a decrease in delinquencies. Various companies are offering services and products to streamline processes for lenders and improve borrower experiences, such as automating document class... more
Jun 23, 2025 9:00 AM
— Mortgage Finance
Short Takes: Iran and Rates / Update: Cutting Off the CFPB From Cash / Sen. Merkley Weighs In / The Direction on Home Prices?
The article discusses various aspects of mortgage lending, including industry trends, regulations, and challenges faced by mortgage lenders. It highlights the importance of adapting to changing market conditions and evolving technologies to stay competitive in the mortgage industry.
Jun 23, 2025 8:00 AM
— Housing Market
Home sales just posted their slowest May in 16 years
Existing home sales in the U.S. for May decreased compared to the same month last year, with affordability being a key challenge as median home prices have risen while wages have not kept up. Inventory of homes for sale has increased by more than 20%, shifting the market to favor buyers in some areas. Home prices have continued to rise, though at a slower rate than during the pandemic. Buyers have... more
Jun 23, 2025 8:00 AM
— Bond Markets
Bonds Don't Always React to War Like You'd Expect
Long-time bond watchers generally believe that war leads to increased global economic uncertainty, driving safe-haven demand for US Treasuries and helping rates. However, the recent Russia/Ukraine conflict resulted in a paradoxical spike in rates due to inflation implications. Despite anticipation of a similar risk with oil prices over the weekend, there was no significant reaction in bonds. As th... more
Jun 23, 2025 8:00 AM
— Housing Market
Home sales rose slightly in May, but high mortgage rates are still hurting the market
US existing home sales increased slightly in May, showing a small sign of life in a housing market heavily impacted by high mortgage rates and economic uncertainty. Sales rose 0.8% to a seasonally adjusted annual rate of 4.03 million homes. However, compared to the previous year, sales were down 0.7%. NAR's chief economist mentioned that persistently high mortgage rates have contributed to subdued... more
Jun 23, 2025 8:00 AM
— Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of previously owned U.S. homes increased slightly in May, with a seasonally adjusted annual rate of 4.03 million units. However, sales fell compared to the previous year due to affordability issues caused by high mortgage rates and rising home prices. The median sales price for homes reached an all-time high in May, and while price growth has slowed, prospective homebuyers still face challen... more
Jun 23, 2025 7:04 AM
— Housing Market
May home sales barely move as high mortgage rates, prices, weigh on housing market
Existing home sales in the U.S. rose slightly in May but remained weak due to high mortgage rates and rising home prices. Affordability is a key issue for homebuyers, with prices hitting an all-time high. Despite the increase in inventory, homes are still unaffordable for many buyers due to the high mortgage rates, forcing them to save more for down payments.
Jun 23, 2025 7:00 AM
— Mortgage Rates
NAR Existing-Home Sales Report Shows 0.8% Increase in May
Existing-home sales rose in May in the Northeast, Midwest, and South but decreased in the West. The rise in sales is attributed to persistently high mortgage rates, and lower rates are expected to attract more buyers and sellers. The National Association of REALTORS(R) is optimistic that reducing mortgage rates will lead to increased home sales across the country.
Jun 23, 2025 7:00 AM
— Mortgage Rates
Mortgage Rates Continue Downward Dip: Mortgage Rates on June 23, 2025
Mortgage rates have slightly decreased over the last week, but home affordability remains a challenge. Factors like Fed rate cuts, labor data, inflation, trade wars, and policy turbulence contribute to economic uncertainty. The Federal Reserve is adopting a 'wait-and-see' approach, and the housing market is not looking promising for the summer. Homebuyers are advised to be patient, compare offers,... more
Jun 23, 2025 7:00 AM
— Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of existing U.S. homes increased slightly in May, but the pace was still slow due to high mortgage rates and rising prices. The national median sales price rose to an all-time high, but the rate of growth slowed. Mortgage rates have remained relatively high, impacting affordability for potential buyers. Affordability constraints are limiting home purchases, particularly for first-time buyers... more
Jun 23, 2025 7:00 AM
— Housing Market
US existing home sales rise in May; mortgage rates still a constraint
U.S. existing home sales unexpectedly increased in May, but the trend remained weak due to high mortgage rates. The slowest May sales pace since 2009 was recorded, with a 0.8% increase in sales compared to the previous month. The Federal Reserve is keeping interest rates steady but expects inflation to increase amidst import duties. Housing market sentiment is low, with builders cutting prices to ... more
Jun 23, 2025 3:04 AM
— Interest Rates
Mortgage pros share tips for riding out volatility
Mortgage lenders are currently experiencing unprecedented levels of volatility driven by geopolitical tensions, trade policy shifts, and global headlines. Despite this, the 30-year fixed-rate mortgage has remained relatively stable since a post-tariff spike. While Agency mortgage-backed securities have slipped since April, the rates are still lower compared to last year. The 30-year FRM has stayed... more
Jun 23, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 23, 2025: Lower as international tensions escalate
The article discusses the current mortgage rate trends, including a decrease in rates today. It also highlights factors to consider when choosing between a 15-year and 30-year mortgage, adjustable-rate mortgages, and how mortgage lenders determine rates based on factors like down payments, credit scores, and debt-to-income ratio. Information on mortgage buydowns and refinancing options is also pro... more
Jun 22, 2025 9:01 PM
— Housing Market
Survey: More than 1 in 4 Americans feel they need to make $150,000 or more to live comfortably
The majority of U.S. adults feel financially insecure due to factors like inflation, lack of salary increases, and high cost of living. Many feel they need a six-figure income to feel financially secure, but job market uncertainty makes this difficult. Different generations and genders have varying views on financial security and income requirements.
Jun 22, 2025 2:00 PM
— Mortgage Lending
Super-rich Americans like Mark Zuckerberg and Jay-Z have taken out mortgages for homes — here’s why
Many Americans struggle to afford a home due to high prices compared to their income. Wealthy individuals sometimes take out mortgages despite their ability to purchase homes outright in order to maintain liquidity and have cash available for other investments. Even celebrities like Jay-Z and Beyoncé have taken out large mortgages for strategic financial purposes. It is possible to obtain an affor... more
Jun 22, 2025 1:01 PM
— Mortgage Finance
A Mixed Bag For Mortgage Hiring
The article discusses the latest trends in the housing market, including an increase in mortgage rates and a slowdown in home sales. It also mentions the impact of Treasury rates on mortgage rates and the challenges faced by mortgage lenders in the current market.
Jun 22, 2025 9:00 AM
— Mortgage Rates
How will mortgage rates react to US bombing of Iran?
The U.S. bombed Iranian nuclear sites, causing uncertainty in the market. However, the mortgage market has been calmer this year. The article discusses how recent global events may impact oil prices, the U.S. dollar, and the 10-year yield, but also notes that reactions in the market have been unusual this year.
Jun 22, 2025 5:03 AM
— Housing Market
Electric vehicle (EV) tax breaks may hit a dead end under Trump’s ‘Big Beautiful Bill’
A Republican-led proposal threatens to eliminate the popular electric vehicle (EV) tax credit by 2025, which has been a driving force behind the EV boom. The current law allows for a credit of up to $7,500 for new EVs and $4,000 for used EVs, based on income and purchase requirements. The Senate bill aims to end the credit much sooner than the House bill, with the potential for a manufacturer-base... more
Jun 22, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 22, 2025: Rates move noticeably lower
Mortgage rates have decreased, with a 30-year fixed rate at 6.68% and a 15-year fixed rate at 5.90%. The Mortgage Bankers Association predicts that rates will stay near these levels through September. It is recommended to focus on personal finances rather than waiting for rate drops to secure the lowest mortgage rate. The article also discusses the differences between 15-year and 30-year mortgages... more
Jun 21, 2025 5:03 AM
— Mortgage Lenders
Digital HELOC, Appraisal Review Products; Background AI; Hurricane Season is Here; Rates Holding Steady
The article covers various topics related to IT news, payment stubs, products and services for brokers and lenders, Federal Reserve decisions, acquisitions in the mortgage industry, and updates on the Atlantic hurricane season. It also discusses FEMA appointments, property insurance costs, and disaster declarations in states affected by severe weather.
Jun 21, 2025 5:02 AM
— Housing Market
Homebuilder Sentiment Just a Bit Gloomier
Builder sentiment declined for the second consecutive month according to the NAHB and Wells Fargo's HMI. All components of the index, including current sales conditions, sales expectations, and buyer traffic, decreased. Builders are facing challenges due to high mortgage rates and material costs, resulting in increased price reductions and incentives to attract buyers.
Jun 21, 2025 5:02 AM
— Bond Markets
Unofficial 4 Day Weekend
Trading sessions without many participants, like the Friday after Thanksgiving, are often uneventful with markets trading in narrow ranges. Even on holidays like Juneteenth, the market continues to trade within the same old range in a predictable pattern.
Jun 21, 2025 5:02 AM
— Mortgage Rates
Mortgage Applications Slip Despite Lower Rates
Mortgage application activity decreased despite lower rates, with refinance applications falling 2% but still higher than last year. Purchase applications also declined, showing the fragile sentiment in the housing market. Average 30-year fixed rates dropped to 6.84%, the lowest since April, with minimal volatility recently. Refinance share increased slightly to 37.3% of total applications, while ... more
Jun 21, 2025 5:02 AM
— Interest Rates
Underwhelming (But Friendly) Conclusion
This week did not offer much excitement in the mortgage market as rates remained near the lower end of recent ranges. Bond yields initially looked like they may rise, but reversed course after dovish comments from Fed's Waller and a beneficial European close. Overall, rates were moderately weaker overnight, bounced back slightly after morning data, and ended the day in modestly stronger territory.
Jun 21, 2025 5:01 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, June 21, 2025: The home equity line of credit rate sharply lower
HELOC interest rates have fallen, prompting homeowners to consider accessing their home equity through a second mortgage. The value of home equity in the US is large, and with fixed-rate HELOC options available, it provides a way to access funds without refinancing a primary mortgage. Rates vary depending on creditworthiness and lender terms, making it important to shop around. HELOCs allow for fl... more
Jun 21, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 21, 2025: 30-year home loan rates dip slightly
Mortgage rates are currently fluctuating, with 30-year fixed rates at 6.77% and 15-year fixed rates at 6.05%. The Federal Reserve holding off on a rate cut is expected to result in little change in mortgage rates. There are advantages and disadvantages to different mortgage terms like 30-year fixed and 15-year fixed, as well as adjustable-rate mortgages. Current mortgage rates are expected to rema... more
Jun 20, 2025 12:48 PM
— Housing Market
Mortgage servicers benefit most from Fed's inaction: KBW
Following the Federal Open Market Committee's June meeting, interest rate spreads are expected to narrow but the impact on mortgages is mixed. Median home prices have risen to a record high, but sellers are accepting lower offers as the market shifts towards the buyers' favor. Bill Pulte's social media posts criticizing inflation have put pressure on the Federal Reserve chairman. Manufactured hous... more
Jun 20, 2025 11:00 AM
— Housing Market
Housing Starts Slide in May, But Single-Family Holds Steady
The latest Residential Construction report from the Census Bureau showed a drop in overall housing starts in May, but single-family activity had a small gain. Building permits also declined, with multifamily starts seeing the sharpest drop. Single-family starts edged up slightly and housing completions increased. Overall, the report indicates a slight cooling in new construction momentum.
Jun 20, 2025 10:00 AM
— Mortgage Rates
Rates decline as Fed stays the course | Current mortgage and refinance rates, June 20, 2025
National mortgage rates decreased across the board for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans compared to a week ago. The Federal Reserve opted to keep the benchmark federal funds rate unchanged. The rates are still impacting by factors like inflation, employment, tariffs, and political pressures. The average rates for different types of mortgages were provided along with the impa... more
Jun 20, 2025 10:00 AM
— Mortgage Rates
Mortgage Rates Hold Steady
Banks and mortgage bond markets were closed on a federal holiday, so mortgage lenders were unable to update rates, though rates have remained steady. Over the past 3 days, average rates have fallen slightly, keeping them close to the lowest levels since April 4th.
Jun 20, 2025 9:00 AM
— Mortgage Finance
Mortgage Market Indicators, June 20, 2025 (PDF)
The article provides a selection of market indicator statistics related to mortgages.
Jun 20, 2025 9:00 AM
— Mortgage Finance
Powell Hoping to Help Housing Market With Price Stability
The article discusses updates to mortgage lending regulations that aim to protect consumers from predatory practices and improve transparency in the industry. These changes are expected to make it easier for borrowers to understand their mortgage terms and make more informed decisions when choosing a loan.
Jun 20, 2025 9:00 AM
— Tax Breaks
New Tax Break Worth $6,000 May Come Soon For Older Americans
A new tax break for older Americans is being debated in Congress, with the House proposing a $4,000 additional deduction and the Senate proposing $6,000. This tax break would be on top of existing deductions for individuals 65 and older. The proposal aims to put more money back in people's pockets, especially for lower-income taxpayers.
Jun 20, 2025 6:01 AM
— Mortgage Finance
A Mixed Bag at Best for Mortgage Hiring
The article discusses various factors affecting the mortgage market, such as interest rates, bond markets, and housing market trends.
Jun 20, 2025 5:02 AM
— Mortgage Rates
Mortgage Rates Dip Down: Mortgage Rates on June 20, 2025
Mortgage rates have slightly decreased, but are still close to 7%. Federal Reserve has left interest rates unchanged in response to an uncertain economic outlook with lingering inflation and threats of a global trade war. Mortgage rates are influenced by inflation, labor data, policy changes, and global measures like tariffs. Potential homebuyers are advised to shop around and compare offers as mo... more
Jun 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 20, 2025: Rates trending lower
Mortgage rates slightly decreased this week, with the 30-year fixed rate dropping to 6.81% and the 15-year fixed rate averaging 5.96%. The Federal Reserve left short-term interest rates unchanged. Mortgage refinance rates are higher than those for purchasing a house. Fixed-rate mortgages lock in interest rates for the entire loan term, while adjustable-rate mortgages change periodically. Mortgage ... more
Jun 19, 2025 6:00 PM
— Interest Rates
China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries
China kept its benchmark lending rates unchanged after recent monetary easing measures and a trade deal with the U.S. eased growth concerns. The 1-year LPR stayed at 3.0% and 5-year LPR at 3.5%. The trade truce has allowed Beijing to support its currency and reduce pressure on foreign exchange. Chinese policymakers are satisfied with current monetary policy outcomes.
Jun 19, 2025 1:00 PM
— Mortgage Finance
Cenlar Launching Warehouse Lending and Conduit
The article discusses the latest trends and developments in the mortgage industry as of 2025.
Jun 19, 2025 11:00 AM
— Mortgage Lenders
How to Finance a Mobile or Manufactured Home
The article discusses various options for financing the purchase of mobile homes, as traditional mortgages may not be a viable choice due to lower sales prices and high depreciation rates. Options include FHA loans, MH Advantage mortgages, Freddie Mac Home Possible program, VA loans, chattel loans, and personal loans. The article also highlights the importance of credit scores, the stability of th... more
Jun 19, 2025 5:04 AM
— Housing Market
Baby boomer plans put others' homeownership goals on hold
Baby boomers are not selling homes as expected, with many saying they won't sell for at least another decade, leading to uncertainty in the housing market. Interest in condo units has dropped to a 10-year low due to insurance and fee increases. Major housing markets are experiencing annual home price declines amid high mortgage rates. Inventory of homes for sale is high, leading to a decrease in b... more
Jun 19, 2025 5:03 AM
— Tax Bills and their Impact on Taxpayers
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes
The article discusses the differences between the Senate and House versions of a tax bill, focusing on key tax measures such as state and local taxes deduction, child tax credit, and tax breaks for tips and overtime pay. The differences in the bills could delay the passing of the final bill, with the Senate proposing a lower cap on the state and local tax deduction and less generous boosts to the ... more
Jun 19, 2025 3:00 AM
— Housing Market
Why More Sellers Are Choosing To Move, Even with Today’s Rates
Many homeowners are hesitant to move despite low mortgage rates, but the data shows that more people are choosing to sell and take on higher rates in order to meet their real-life needs and reasons for moving. While experts expect mortgage rates to ease slowly, waiting for a significant drop may result in feeling stuck in a space that no longer fits. It's important to consider what type of home wi... more
Jun 19, 2025 3:00 AM
— Mortgage Rates
Homebuyers See Lower Mortgage Rates: Current Mortgage Rates for June 19, 2025
The article discusses how mortgage rates have slightly decreased, making it less expensive to buy a house. Economic uncertainty, trade wars, and global factors affect mortgage rates. The housing market remains unaffordable despite the slight decrease in rates, with experts warning of future volatility. Prospective homebuyers are advised to compare multiple offers and be prepared to take advantage ... more
Jun 19, 2025 3:00 AM
— Housing Market
Why the housing market is so stuck, in 4 charts
The US housing market is currently sluggish, with high home prices, high mortgage rates, and economic uncertainty driving more sellers to list their properties but prices remaining high. Mortgage rates have been stable at a relatively high level of 6.8% to 7%, leading to stability in the market but pricing potential buyers out of it. Home price growth has surpassed wage inflation, causing a stands... more
Jun 19, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 19, 2025: Rates fall to a 4-week low
Mortgage interest rates fell to a four-week low, with the average 30-year fixed mortgage rate at 6.81% and the 15-year fixed rate at 5.96%. Mortgage rates dropped due to more available inventory and should encourage potential homebuyers. The current national average mortgage rates are provided, and it explains the difference between fixed-rate and adjustable-rate mortgages.
Jun 19, 2025 2:00 AM
— Mortgage Rates
What Fed Decision Means for Mortgage Rates
The Federal Reserve held its key interest rate steady, leaving mortgage rates around 7 percent for the future. Tariffs are expected to impact inflation and slow down growth. Mortgage rates are likely to remain stable. High mortgage rates, together with rising costs, have made it difficult for many Americans to buy homes. Despite this, the housing market is stabilizing, with steady mortgage rates p... more
Jun 19, 2025 1:00 AM
— Mortgage Rates
The Federal Reserve’s Latest Dot Plot, Explained – And What It Says About Interest Rate Cuts
The Federal Reserve's dot plot shows projections for future interest rates, providing insight into the committee's reaction to economic data and predicted growth. However, these projections are not set in stone and can change as more information becomes available. The dot plot helps guide market expectations for Fed moves, impacting borrowing costs like mortgage rates.
Jun 18, 2025 3:00 PM
— Bond Markets
Fed Threads Needle of Apathy
The Federal Reserve's updated dot plot was released with minimal impact on the bond market initially. However, after Fed Chair Powell suggested waiting a couple of months to make a decision, there was a slight increase in bond yields. Overall, the Fed managed to maintain market apathy despite the dot plot release.
Jun 18, 2025 2:00 PM
— Mortgage Rates
Remarkable Absence of Mortgage Rate Volatility
Mortgage rates remained almost unchanged after a recent Fed 'dot plot' day, indicating indecision in the market and among Fed members. The dot plot shows where each Fed member sees the Fed Funds Rate in the next few years and can cause volatility in financial markets. Despite the Fed not cutting rates, the dots had no harmful effect on rates, and the bond market was flat to slightly stronger on th... more
Jun 18, 2025 1:32 PM
— Mortgage Lenders
Fannie, Freddie regulator: Powell should cut rates or quit
Fannie Mae's and Freddie Mac's regulator is calling for Federal Reserve Chairman Jerome Powell to step down if he doesn't cut short-term rates. The Trump administration seems less willing to give up control of the mortgage giants, and analysts are unsure if mortgage rates and guarantee fees could rise if the government doesn't privatize Fannie and Freddie.
Jun 18, 2025 11:00 AM
— Mortgage Rates
Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more
The Federal Reserve decided to keep interest rates unchanged despite pressure from President Trump to lower them. Consumer borrowing rates, including credit cards and auto loans, remain high. Mortgage rates are tied to Treasury yields and have stayed relatively steady. Federal student loan rates are set annually and are not directly impacted by Fed moves.
Jun 18, 2025 9:41 AM
— Mortgage Lenders
Mortgage rates move lower in front of Fed decision
Mortgage rate movements remained stable while investors awaited the conclusion of the Federal Open Market Committee meeting happening later in the day. The top five lenders had a significant mortgage origination volume at the end of Q1. There was a closed meeting between the Federal Housing Finance Agency, the Treasury, and the Securities and Exchange Commission, the first since 2017. The Mortgage... more
Jun 18, 2025 9:03 AM
— Mortgage Finance
Short Takes: No Changes at Guild? / Who’s Next? / ICE Launches APOR Calculation / Builder Blues / Freddie Interim Extends His Stay / Publishing Break
The article discusses various aspects related to mortgage finance publications and the importance of design, content management systems, hosting, and web development in creating engaging and informative websites for mortgage-related topics.
Jun 18, 2025 9:01 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage fell to 6.81% from 6.84% last week, with borrowing costs on 15-year fixed-rate mortgages also decreasing. Mortgage rates are influenced by factors like the Federal Reserve's interest rate policy and bond market yields. Higher mortgage rates have been affecting the housing market, keeping sales low and impacting both existing and new homes.
Jun 18, 2025 9:01 AM
— Mortgage Finance
Signs of Life in Warehouse Lending but No Boom
The article discusses the latest trends and developments in the mortgage industry, covering topics such as mortgage rates, housing market conditions, and mortgage lenders' activities.
Jun 18, 2025 9:00 AM
— Mortgage Products and Services
HELOC, Marketing, Down Payment Products; STRATMOR Tech Survey; Compliance Based on Customer Expectations
The article discusses the U.S. Federal Reserve's focus on inflation and its impact on interest rates. It also features various mortgage-related products and services such as a mortgage fintech platform, customer retention tools, and down payment assistance programs. Additionally, it highlights pricing enhancements for capturing valuable borrowers and the launch of a new technology insight study fo... more
Jun 18, 2025 9:00 AM
— Interest Rates
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
The article discusses how the central bank's interest rate decisions impact various financial products such as car loans, credit cards, mortgages, savings accounts, and student loans.
Jun 18, 2025 9:00 AM
— Mortgage Rates
Mortgage rates are still stuck north of 6.8%
Mortgage rates remained above 6.8% for another week, with the average 30-year rate at 6.81% and the 15-year rate at 5.96%. Despite being the lowest in four weeks, rates have stayed within a narrow range between 6.8% and 7% since April. Mortgage application activity declined, with refinancing applications down 2% and home purchase applications down 3%. The Federal Reserve is expected to keep benchm... more
Jun 18, 2025 9:00 AM
— Mortgage Lending
Mortgage Interest Rates Today: Mortgage Ticks Down to Four-Week Low Ahead of Fed Meeting
The article discusses a processing issue with a request that was made. Readers are advised to contact unblockrequest@realtor.com for further assistance.
Jun 18, 2025 9:00 AM
— Mortgage Rates
Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline
The average rate on a 30-year U.S. mortgage has eased for the third week in a row, providing relief to prospective homebuyers. The long-term rate fell to 6.81% from 6.84%, while borrowing costs on 15-year fixed-rate mortgages also decreased. Mortgage rates are influenced by factors such as the Federal Reserve's interest rate decisions and bond market expectations. High mortgage rates have been a d... more
Jun 18, 2025 9:00 AM
— Mortgage Lending
Mortgage Rates in US Fall for a Third Week, Slipping to 6.81%
The article discusses the importance of confirming that a user is not a robot by clicking a box and ensuring their browser supports JavaScript and cookies. It also provides information on how to contact support for further inquiries.
Jun 18, 2025 8:02 AM
— Interest Rates
Once Again: Today is Not About a Fed Rate Cut
The Federal Reserve is not expected to cut rates, as the labor market is strong and there is no significant inflation. The market is confident in the Fed's course of action, with focus now on the dot plot and press conference.
Jun 18, 2025 8:00 AM
— Housing Market
Buyers aren't biting on lower rates amid economic doubts
Geopolitical uncertainty is causing fluctuations in the housing market, with rates remaining relatively stable and demand fluctuating. Top lenders have high mortgage origination volumes. Mortgage applications have recently risen after a month of decline. A closed meeting between relevant agencies is the first since 2017. The average 30-year fixed-rate mortgage has slightly increased. A growing sup... more
Jun 18, 2025 7:00 AM
— Housing Market
Why More Sellers Are Choosing To Move, Even with Today’s Rates
Many homeowners are hesitant to move due to their low mortgage rates, but the desire for more space or to be closer to family is pushing more people to sell despite potentially higher rates. As mortgage rates are expected to only decrease slightly, waiting for a big drop may not be worth staying in a space that no longer fits. It's important to consider what type of home would best support your cu... more
Jun 18, 2025 6:01 AM
— Cryptocurrency Regulation
What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers
The article discusses the GENIUS Act, a proposed bill aimed at regulating stablecoins in the cryptocurrency market to increase their use in everyday transactions. Stablecoins are a type of cryptocurrency tied to a real-world currency like the US Dollar. The act focuses on making stablecoins more stable and safer, but critics argue that it could result in a potential bailout of the cryptocurrency s... more
Jun 18, 2025 6:00 AM
— Mortgage Rates
Mortgage Rates Drop on Fed Day: Today's Rates for June 18, 2025
The Federal Reserve is expected to hold interest rates steady, which has implications for homebuyers. Mortgage rates are slowly going down, but are still too expensive for most people due to high housing costs. The housing market is facing challenges with rising home prices, tight inventory, and the potential impact of an economic slowdown. Mortgage rates are influenced by various factors, and it ... more
Jun 18, 2025 5:03 AM
— Mortgage Lenders
Auto Loan Early Payoff Calculator
The article discusses how to use an auto loan early payoff calculator to determine how to pay off a car loan early and save money. It covers factors such as interest rates, loan amount, repayment terms, prepayment penalties, and the benefits of making extra payments on the principal.
Jun 18, 2025 5:00 AM
— Mortgage Rates
Mortgage Rates See Third Weekly Decline
The average rate on a 30-year U.S. mortgage fell to 6.81% from 6.84% last week, while the 15-year mortgage rate eased to 5.96% from 5.97%. Borrowing costs are declining, making it a more favorable time for potential homebuyers.
Jun 18, 2025 4:00 AM
— Mortgage Rates
Majority of rates decline as Fed meets this week | Mortgage and refinance rates for today, June 18, 2025
Bankrate data shows that mortgage interest rates for 30-year fixed, 15-year fixed, and jumbo mortgages decreased, while rates for ARM loans increased. The latest Consumer Price Index indicates slight inflation, with the Federal Reserve expected to keep rates steady. Current average rates for a 30-year fixed mortgage is 6.86%, a 15-year fixed mortgage is 6.08%, and a 5/1 ARM is 6.07%. There are con... more
Jun 18, 2025 4:00 AM
— Interest Rates
Mortgage demand drops, even as rates fall to the lowest since April
Weak consumer sentiment is impacting the housing market, with a 3% decrease in mortgage applications to purchase a home last week. The average contract interest rate for 30-year fixed-rate mortgages also decreased. Refinance activity declined for both conventional and government borrowers, but VA applications increased. Mortgage rates have not moved much, but there may be more reaction after the F... more
Jun 18, 2025 3:00 AM
— Interest Rates
High-yield savings rates today: June 16, 2025 | Many banks are still offering a top yield of 4.30% APY
The annual inflation rate increased to 2.4 percent in May, potentially leading the Federal Reserve to hold off on cutting its benchmark federal funds rate. High-yield savings accounts offer a safe way to earn interest, with top yields remaining at 4.30% APY as of mid-June. With inflation on the rise, experts expect the Fed to keep interest rates steady, providing more time to assess the impact of ... more
Jun 18, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 18, 2025: 15- and 30-year terms sneak lower as Fed decides
The article discusses the current mortgage interest rates, including information on 30-year fixed rates, 20-year fixed rates, and 15-year fixed rates, as well as ARM rates. It also covers the advantages and disadvantages of different mortgage terms such as the 30-year, 15-year, and adjustable-rate mortgages. The national average 30-year mortgage rate is around 6.73%, with expectations of rates rem... more
Jun 17, 2025 2:01 PM
— Mortgage Lenders
ICE Mortgage Technology launches its own APOR index
ICE Mortgage Technology has introduced a publicly available weekly average prime offer rate index. The top five lenders had over $43 billion in average mortgage origination volume at the end of Q1. Agency mortgage backed securities have declined about 1.1% since the beginning of April, trailing Treasuries and the broader US bond market. Some opposition is growing against the Trump administration's... more
Jun 17, 2025 2:00 PM
— Bond Markets
Dot Plot in Focus With Fed's No Cut Announcement
Bonds initially lost some ground after positive economic data but recovered in the afternoon due to general risk-off vibes surrounding geopolitical headlines. The upcoming release of the Fed's rate outlook could provide more trading justification.
Jun 17, 2025 2:00 PM
— Mortgage Rates
Will the Fed cut rates Wednesday? Not likely, but here's when they might.
The Federal Reserve is expected to keep interest rates steady between 4.25% and 4.5%. There's little chance of a rate cut until September. The Fed is uncertain about how tariffs will impact prices and is trying to balance inflation and employment concerns. The Fed's previous three rate cuts have led to lower payments on credit cards and auto loans, but mortgage rates have risen. Homebuyers are now... more
Jun 17, 2025 1:02 PM
— Mortgage Finance
Bank/Thrift First-Lien Residential Mortgage Portfolios: 1Q25 (PDF)
The article presents a ranking of 3,790 banks/thrifts based on dollar volume, including information on Adjustable Rate Mortgage (ARM) amounts and default rates.
Jun 17, 2025 12:01 PM
— Mortgage Rates
Mortgage Rates Slightly Lower Ahead of Fed Day
Mortgage rates have been stable between 6.8 and 7.0% for the past two months. Today's average rate fell slightly after a small increase in mid-June. Geopolitical headlines, such as war in the Middle East, contributed to market anxiety but did not have a significant impact. The bond market gained ground, allowing mortgage lenders to offer lower rates. Tomorrow's Fed announcement may introduce more ... more
Jun 17, 2025 12:00 PM
— Mortgage Rates
Fed Rate Cuts Unlikely This Summer. Are Lower Mortgage Rates Still Possible?
The Federal Reserve's interest rate decisions can impact mortgage rates indirectly, and uncertainty in the economy may cause mortgage rates to remain higher. The Fed's policies regarding inflation, the job market, tariff impacts, and interest rates will affect mortgage rates in the long term. Multiple factors such as policy changes, inflation, supply and demand, bond market activity, and key econo... more
Jun 17, 2025 10:24 AM
— Interest Rates
No Fed rate cut until September at earliest, economists say
Economists surveyed by Wolters Kluwer do not expect the Federal Reserve to cut short-term rates at its upcoming meeting, and only a small percentage of them expect any action to be taken in July. Treasuries slumped after US job and wage growth led to reduced expectations of a rate cut by the Federal Reserve. Despite positive economic data, concerns about the economy's direction persist among consu... more
Jun 17, 2025 9:00 AM
— Mortgage Finance
Demand for New Homes Diminishes in May
The article discusses the latest trends in the mortgage industry, including changes in interest rates and mortgage lending practices. It highlights the impact of these trends on the housing market.
Jun 17, 2025 8:23 AM
— Interest Rates
The Fed is set to make its next rate decision on Wednesday. Here's what to expect.
The Federal Reserve Bank is expected to keep its benchmark rate steady at 4.25% to 4.5% amidst uncertainty about the impact of President Trump's economic policies, especially his tariffs. The decision is anticipated to be unanimous, with a 97.5% probability of maintaining the current range. While the decision is good news for savers, borrowers can expect high credit card rates, auto loans, and mor... more
Jun 17, 2025 8:00 AM
— Bond Markets
Econ Data Not Weak Enough to Help
Bonds were stronger overnight but trading levels remain in a narrow range. Despite weaker Retail Sales data, bond buying was not as strong as expected. The control group of retail sales had a positive upward revision, influencing bond performance. Bonds lost ground after the data was released.
Jun 17, 2025 8:00 AM
— Housing Market
Builders scale back as costs, supply rise
Housing permits fell for the fourth consecutive month, indicating a slowdown in construction due to a weak housing market. However, housing starts increased in April, mainly driven by multifamily home construction. Purchases of new single-family homes also rose significantly, reaching the highest level since February 2022. Despite this, major housing markets are experiencing home price declines, w... more
Jun 17, 2025 7:01 AM
— Mortgage Lending
Here's What You Get for a $795 Credit Card
JPMorgan Chase's Chase Sapphire Reserve credit card is adding new benefits, but the annual fee is increasing from $550 to $795. The changes include increased rewards points for flight and hotel bookings, as well as additional perks such as complimentary subscriptions and annual credits.
Jun 17, 2025 7:00 AM
— Housing Market
Homebuilder sentiment nears pandemic low as economic uncertainty plagues consumers
Builder sentiment in June dropped 2 points to 32 on the NAHB/Wells Fargo Housing Market Index, with all three components showing declines. Buyers are hesitant due to elevated mortgage rates and economic uncertainty, leading to a growing number of builders cutting prices to address affordability concerns. The report also forecasts a decline in single-family starts for 2025.
Jun 17, 2025 5:01 AM
— Mortgage Lenders
Major Sapphire Reserve changes ahead: Chase launching a new business card and increasing annual fees
Chase Sapphire Reserve is undergoing a major revamp, with an increase in the annual fee to $795 for both personal and business cards. The cards will come with new benefits and features designed for luxury travel and lifestyle experiences, as well as an increased earning rate in certain categories. The Points Boost program will also be introduced to enhance points redemption. Current cardholders an... more
Jun 17, 2025 3:16 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 17, 2025: A small change as the Fed meeting looms
Mortgage interest rates inched higher today, with the 30-year fixed rate at 6.75% and the 15-year fixed rate at 5.99%. Wall Street isn't expecting an interest rate cut from the Federal Reserve. 15-year mortgage rates are typically lower than 30-year rates and save money on interest in the long run. Economists don't foresee significant mortgage rate drops before the end of 2025. Refinancing options... more
Jun 17, 2025 3:00 AM
— HELOC Rates
HELOC rates today, June 17, 2025: Home equity line of credit rates barely budge
HELOC interest rates have moved slightly higher recently, with no expected rate cuts from the Federal Reserve. Lenders offer rates based on the prime rate and individual factors such as credit score and amount of debt. Accessing home equity through a HELOC can provide flexibility and low rates compared to primary mortgages. Various lenders offer different rates and terms, so it's essential to comp... more
Jun 17, 2025 3:00 AM
— Mortgage Rates
3 mortgage interest rate scenarios lenders say are possible this summer
Despite inflation declining from its recent peak, it still remains higher than the Federal Reserve's target, keeping mortgage rates in the high 6% range. Experts predict limited movement in mortgage rates over the summer, with scenarios for rates to stay the same, rise, or decline depending on economic conditions. Locking in rates may be advisable if economic shifts indicate rising rates, while a ... more
Jun 16, 2025 2:00 PM
— Housing Market
How to think about home prices for the rest of 2025
The housing market has seen a shift with home prices beginning to decline as inventory of unsold homes has increased. Mortgage rates have stayed high and sales have been disappointing, although they are now starting to show some growth. Home prices have been climbing in recent years but are now softening with some states already experiencing prices at or below 2024 levels. The overall sentiment is... more
Jun 16, 2025 1:00 PM
— Bond Markets
Token Weakness Without a Cause
Recent bond movements have shown a rally followed by a sell-off, with 30yr yields increasing almost 10bps over two sessions. Geopolitical motivations and fiscal concerns do not seem to be significant factors affecting these movements. The market is currently considered rangebound with a potential pull-back after lower yields were observed last Thursday.
Jun 16, 2025 1:00 PM
— Bond Markets
Mortgage Rates Drift Slightly Higher to Start The Week
Despite political and geopolitical headlines, the bond market has seen little inspiration in the past 2 business days. Bonds and rates have moved slightly lower, possibly in response to last Thursday's lower rates or in anticipation of caution ahead of upcoming data and a Fed announcement. The losses have been modest, leaving rates in the middle of their range over the past 2 months. Retail Sales ... more
Jun 16, 2025 9:00 AM
— Housing Market
Cook County DPA, Processing Automation, LO Pricing Tools; Mortgage Cost Map; Conv. Conf. News
The article discusses the differences in mortgage closing costs and denial rates by state, with Alaska, North Dakota, and Nebraska having lower denial rates and Mississippi, Louisiana, and West Virginia having higher denial rates. It also mentions various mortgage-related products, services, and specials offered by different companies in the mortgage industry.
Jun 16, 2025 8:00 AM
— HELOCs
How to get a HELOC when you have a bad credit score
The article discusses the possibility of obtaining a home equity line of credit (HELOC) with bad credit. It explains how a HELOC works, what lenders look for besides credit scores, tips for getting a HELOC with bad credit, pros and cons of bad credit HELOCs, alternatives for bad credit borrowers, and potential risks involved. It also provides information on how to improve your chances of getting a... more
Jun 16, 2025 8:00 AM
— Interest Rates
Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your money
Despite political pressure against the Federal Reserve Chair Jerome Powell, the Federal Reserve is expected to hold interest rates steady. Consumers are struggling with high prices and borrowing costs, with credit card rates remaining high even with the Fed on the sidelines. Mortgage rates have not moved much and remain near 6.9%, impacting potential buyers. Auto loan rates are rising due to incre... more
Jun 16, 2025 8:00 AM
— Mortgage Rates
Today's Mortgage Rates for June 16, 2025: Mortgage Rates Remain Mostly Steady Before Fed Decision
Mortgage rates are hovering close to 7%, making it unaffordable for most people to buy a home. Homeownership expenses are rising, and households are struggling to keep up due to stagnant incomes. The housing market is influenced by economic factors such as inflation, trade policies, and recession fears as the Fed maintains its current borrowing costs. There are expectations of some relief for home... more
Jun 16, 2025 7:00 AM
— Bond Markets
Slow Start Leaves Focus on The Next 2 Days
Bonds rallied last Wednesday and Thursday but pulled back slightly on Friday. Trading levels at the start of the new week are similar to Friday's levels. The focus is on Wednesday's Fed dot plot for potential bond market volatility. Geopolitical headlines have not had a significant impact on bonds. The overall trend appears rangebound, but there is evidence of a general downtrend.
Jun 16, 2025 7:00 AM
— Mortgage Lenders
DOJ quietly axes more redlining settlements with lenders
The Trump administration is working to reduce Biden-era redlining enforcement. Interest rates do not expect to change soon. A meeting between federal housing agencies, treasury, and the SEC was publicized. Regulators say a Mississippi-based depository satisfied a settlement with the Biden administration. The top five lenders had an average mortgage origination volume of over $43 billion.
Jun 16, 2025 5:04 AM
— Mortgage Finance
Signs of Life in Warehouse Lending, But No Boom
The article discusses the latest trends in the housing market and the impact of changing interest rates on mortgage lending. It highlights the importance of staying informed about market conditions for individuals looking to purchase a home or refinance their current mortgage.
Jun 16, 2025 3:01 AM
— Economic Impact of Tariffs
Survey: The Majority Of Americans Believe Tariffs Will Worsen Their Personal Finances
Despite some improvements in inflation and borrowing costs since Trump's election, Americans still feel poorly about the U.S. economy. More than half believe it is headed in the wrong direction, with most expressing concerns about tariffs. The sentiment is divided along party lines, with Republicans more optimistic than Democrats and Independents. Younger generations are more pessimistic about the... more
Jun 16, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 16, 2025: A tiny move lower (The 15-year down to 5.98%)
The article discusses the current mortgage interest rates, the upcoming decision by the Federal Reserve on short-term interest rates, and provides information on different mortgage options such as fixed and adjustable rates, as well as the impact of mortgage refinance. It advises on factors to consider when deciding on a mortgage term and rate, as well as how to potentially lower interest rates th... more
Jun 16, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 15, 2025: Rates hardly move
The article discusses current mortgage rates, mortgage refinance rates, different types of mortgages, the impact of mortgage terms on monthly payments and the importance of factors like credit score, down payment, and debt-to-income ratio in determining mortgage rates. It also provides information on choosing the right lender, the difference between fixed-rate and adjustable-rate mortgages, and ho... more
Jun 15, 2025 7:00 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, June 15, 2025: A small move up for interest rates on home equity lines of credit (to 6.73%)
HELOC interest rates remained relatively stable as homeowners are looking to access the growing value tied up in their homes through second mortgages like a home equity line of credit (HELOC) or a home equity loan. Rates vary from lender to lender, but the best HELOC lenders offer low fees and a fixed-rate option to provide financial flexibility. Homeowners with low primary mortgage rates are in a... more
Jun 15, 2025 6:00 AM
— Interest Rates
'It makes sense to be on hold': Why Wall Street strategists think Fed rate cuts aren't coming anytime soon
The article discusses how recent economic data, including inflation moderation and rebounding consumer sentiment, support the Federal Reserve's path towards easing interest rates. However, there is uncertainty regarding the scope and impact of President Trump's tariffs, which could affect the Fed's decision on rate cuts. Market observers are increasingly confident that rate relief is imminent, wit... more
Jun 15, 2025 6:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 14, 2025: Small increases as international tensions roil markets
Mortgage rates took a small step higher, with 30-year fixed rate now at 6.72% and 15-year fixed rate at 5.96%. The uncertainty in the market, with Israeli strikes on Iran affecting Wall Street, led to an increase in Treasury yields. The article explains the pros and cons of different mortgage options like 30-year fixed, 15-year fixed, and adjustable-rate mortgages. It also discusses the current st... more
Jun 15, 2025 5:00 AM
— Housing Market
Elevated mortgage rates aren’t discouraging homebuyers
Despite factors like elevated mortgage rates, trade war uncertainty, rising property taxes, and low consumer confidence, housing demand continues to hold up and home sales are not crashing in 2025. Purchase application data is up 20% year over year, indicating market momentum.
Jun 14, 2025 6:02 AM
— Bond Markets
Not Reading Too Much Into Friday's Weakness
The bond market experienced a selling spree possibly sparked by Consumer Sentiment, although there were nuances in the timing and reasons behind the selling. Selling began after the unofficial opening bell for bond market trading and continued despite a delay after the data release. Traders may be moving to the sidelines ahead of next week's potential geopolitical developments and Fed announcement... more
Jun 14, 2025 5:01 AM
— Mortgage Lending
Buyer-Friendly Housing Market Gets a Boost With a Dip in Mortgage Rates
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Jun 13, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Bounce But Remain Lower on The Week
The top tier 30yr fixed mortgage rate index rose 0.04% on Friday, but rates are still 0.08% lower than last Friday overall. The increase was not directly related to any specific economic data but rather a general market adjustment.
Jun 13, 2025 12:00 PM
— Mortgage Lenders
2nd Lien Reverse, Borrower Aid, Legal Counsel Products; FHA, USDA, VA Changes; FBC Rebrand
The article discusses various topics related to mortgage lending, including the impact of federal funding on state revenue, legal services for mortgage companies, technology solutions for mortgage lenders, strategies for retaining leads, retirement savings, reverse mortgages, and updates on industry news.
Jun 13, 2025 10:00 AM
— Mortgage Application Activity
Purchase Demand Near 2 Year Highs; Refis Bounce Back
After a lull following Memorial Day, mortgage application activity increased significantly, with both purchase and refinance demand reaching their highest levels in over a month. Refinance applications jumped 16% and are now 28% higher than the same period last year, while purchase apps rose 10% week-over-week and are 20% above 2024 levels. Rates were mostly mixed, with the average 30-year fixed r... more
Jun 13, 2025 10:00 AM
— Mortgage Rates
Mortgage rates tick lower for second week in a row
Mortgage rates in the U.S. have declined slightly but are still hovering around 7%. Despite this, U.S. home listing prices have reached an all-time high, leading to a surplus of sellers and a potential shift towards a buyers' market in the coming months.
Jun 13, 2025 9:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 13, 2025: Rates inch down
Mortgage rates were virtually unchanged this week, with the 30-year fixed interest rate at 6.84% and the 15-year fixed rate at 5.97%. Some uncertainty surrounds the Federal Reserve's upcoming meeting, where they are expected to keep short-term interest rates unchanged. The article also discusses how mortgage rates impact monthly payments, the difference between fixed and adjustable-rate mortgages,... more
Jun 13, 2025 7:00 AM
— Bond Markets
Opening Weaker Despite Israel/Iran Headlines
Israel's attack on Iran caused stock market gains to be erased and pushed bond yields to the lowest levels in over a month. The overnight trading pattern is unpredictable and despite the volatility, over-analyzing it may not be worth it. There are various factors at play influencing bond yields, including economic strength and inflation, with oil prices potentially being an ancillary consideration... more
Jun 13, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 13, 2025: Rates inch down — but just barely
Mortgage rates remained steady, with the 30-year fixed rate at 6.84% and the 15-year fixed rate at 5.97%. President Trump expressed dissatisfaction with the Federal Reserve maintaining current rates. Refinance rates are slightly higher than purchase rates, with the 30-year fixed refinancing at 6.81%. Mortgage rates are expected to remain stable through the third quarter of 2025.
Jun 13, 2025 2:00 AM
— Mortgage Lending
In today’s mixed-signal mortgage market, getting a rate hold is a smart move
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Jun 12, 2025 1:01 PM
— Mortgage Rates
Lowest Mortgage Rates in More Than a Month
Mortgage rates are currently slightly lower, with today's average rate being the lowest in just over a month. The decrease in rates is due to the underlying bond market's response to recent economic data, leading to speculation about a potential rate cut by the Fed. However, even if the Fed were to cut rates, it may not necessarily translate to lower mortgage rates as they are based on longer-dura... more
Jun 12, 2025 1:01 PM
— Mortgage Rates
Mortgage rates are stuck in a rut. What could break them out?
Leading fixed mortgage rates have remained stable for the past three months, with potential for change depending on catalysts like trade breakthroughs, inflation, war, or deficit panic. While the market is currently quiet, there was a slight drop in the lowest insured 10-year fixed rate. Despite warnings of a bond market collapse, it is rare for a 10-year fixed mortgage to save more money than a s... more
Jun 12, 2025 1:00 PM
— Mortgage Lenders
Mortgage Closing Costs by State as Rates Hover Near 7%
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Jun 12, 2025 9:55 AM
— Mortgage Rates
Mortgage rates move lower for second week: Freddie Mac
Mortgage rates have remained steady in the low 6.8% range for the past two months after a slight increase in mid-April. The top five banks had a significant wholesale volume at the end of the first quarter. A settlement between two parties involved in a complaint was not detailed, with one party seeking damages. A non-bank lender is noted for offering flexible underwriting and faster origination t... more
Jun 12, 2025 9:04 AM
— Mortgage Rates
Average long-term US mortgage rate ticks down to 6.84% this week, a second straight small decline
The average rate on a 30-year U.S. mortgage decreased slightly for the second consecutive week, but remains at 6.84%. Mortgage rates are influenced by various factors, with the 10-year Treasury yield being a key guide for lenders. Rising mortgage rates have led to a slowdown in home sales, with pending home sales falling. Economists expect mortgage rates to remain stable in the near future. Other ... more
Jun 12, 2025 9:01 AM
— Mortgage Lenders
Mortgage Interest Rates Today: Mortgage Rates Retreat Again on Better-Than-Expected Inflation, Jobs Reports
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Jun 12, 2025 9:00 AM
— Mortgage Rates
Mortgage rates under 7% as housing leans into buyer's market
US mortgage rates have slightly decreased but are still above 7%, making affordability challenging for many people. However, there is evidence of an improving buyer's market, with fewer homes selling above asking price. Buyers may have more negotiating power. While there is speculation about the Fed potentially cutting interest rates, mortgage rates are currently not directly affected. Buyers are ... more
Jun 12, 2025 9:00 AM
— Mortgage Finance
Locks for Mortgages Decline in May, Including Purchase Loans
The article discusses the latest trends and developments in the mortgage industry. It provides insights on market conditions, interest rates, and key players in the mortgage lending sector.
Jun 12, 2025 9:00 AM
— Mortgage Rates
When will mortgage rates go down? The outlook as rates gradually inch lower.
Mortgage interest rates have decreased slightly according to Freddie Mac, but not significantly enough to make a big impact on potential home buyers. The 30-year fixed-rate mortgage is at 6.84% and the 15-year fixed-rate mortgage is at 5.97%. However, with various financial factors at play, including inflation and tariffs, waiting for significant rate drops may not be fruitful. It is advised to fo... more
Jun 12, 2025 9:00 AM
— Mortgage Lending
US Mortgage Rates Tick Down, Sending 30-Year Average to 6.84%
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Jun 12, 2025 9:00 AM
— Mortgage Rates
Mortgage rates hold steady for another week
Mortgage rates remained stable this week, with the average 30-year rate at 6.84% and the 15-year rate at 5.97%. Despite little movement in rates, an increase in inventory and slower house price growth are seen as positive signs. Traders are expecting a Fed rate cut later this year, which could influence mortgage rates. Mortgage applications for home purchases and refinancing have increased, partly... more
Jun 12, 2025 7:00 AM
— Bond Markets
Higher Bar For Additional Gains Despite Lower PPI
The PPI core monthly number came in at 0.1 vs the forecast of 0.3, leading to a small rally in bonds that was not as significant as the previous day's rally. The outcome may have been priced in to some extent, and the yield curve and Fed Funds Rate expectations are also factors to consider.
Jun 12, 2025 6:02 AM
— HELOC Rates
HELOC rates reverse course while home equity loans stay steady
The average rate on a $30,000 home equity line of credit (HELOC) fell slightly this week but remains close to its highest level of the year. Home equity loan rates are unchanged and near a low in 2025. Deciding between a HELOC and a fixed-rate home equity loan depends on financial goals and how funds will be used. Rates are driven by lender competition and the Federal Reserve's actions. Experts fo... more
Jun 12, 2025 5:03 AM
— Home Equity Line of Credit (HELOC) Market
Banks vs IMBs: who wins the HELOC war?
Non-bank lenders are expanding into the home equity line of credit market and are offering advantages compared to larger competitors. However, fraudulent activity is increasing in the industry, so lenders need to take steps to protect borrowers and their portfolios. Homeowners can currently borrow $50,000 and pay around $100 less per month than they did a year ago. Closed-end home equity volume in... more
Jun 12, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 12, 2025: Decreases following favorable inflation report
Mortgage interest rates have dropped following a positive inflation report, with the average 30-year fixed rate at 6.76% and the 15-year rate at 5.96%. The Federal Reserve may delay rate cuts until September due to inflation remaining low. Mortgage rates are waiting for a significant reason to move up or down. Different types of mortgage rates are outlined, such as fixed and adjustable rates, with... more
Jun 11, 2025 2:03 PM
— Mortgage Rates
Mortgage applications rise for first time in a month
Mortgage applications increased last week, providing hope for the real estate market. The average 30-year fixed-rate mortgage rose slightly to 6.86%. An index of applications for home purchases and refinancing both showed significant increases. The Mortgage Bankers Association reported a drop in their measure of refinancing. The Consumer Financial Protection Bureau identified five rules to review ... more
Jun 11, 2025 2:02 PM
— Bond Markets
Nice Rally on Data and Auction Results
Bonds had a straightforward session on Wednesday, rallying after a large CPI beat and a well-received 10yr Treasury auction. Both shorter and longer maturities saw gains, with 10yr yields down 3.7bps at 4.439 and MBS up a quick quarter point. The day ended with MBS hitting new highs and bonds at new low yields.
Jun 11, 2025 1:00 PM
— Interest Rates
Mortgage Rates Fall as Inflation Data Comes in Soft
After a calm start to the week, on Wednesday there was increased volatility in the bond market following the release of lower-than-expected inflation data. This led to an improvement in bonds and subsequently lower mortgage rates for consumers. The 10-year Treasury auction also took place, adding some benefit to the market. Mortgage rates are currently back in line with levels seen on June 5th.
Jun 11, 2025 11:01 AM
— Housing Market
Is it smart to buy a home right now? The U.S. housing market is a 'mixed bag,' broker says
The U.S. housing market is currently difficult to predict with elevated mortgage rates and a median home price of $442,000. However, inventory is increasing in many markets, giving buyers more negotiating power. Despite forecasts of declining home prices by the end of 2025, mortgage rates are expected to remain high, affecting affordability. Tariffs on building materials may further increase const... more
Jun 11, 2025 11:00 AM
— Mortgage Lenders
How the $1,000 ‘Trump accounts’ for American babies compare to 529s and custodial Roth IRAs
President Donald Trump and American business leaders are celebrating a provision in his tax bill that would create investment accounts for babies born in the next few years, with benefits similar to retirement accounts. These 'Trump accounts' aim to contribute to the success of newborn babies and have similarities to 529 savings plans and Roth IRAs.
Jun 11, 2025 10:01 AM
— Mortgage Finance
Chase’s Dimon Frustrated With Mortgage Market
The article discusses the latest trends and updates in the mortgage finance industry as of 2025.
Jun 11, 2025 10:00 AM
— Mortgage Rates
Mortgage Rates Dip Again: Is Now the Time to Lock in Your Loan?
Mortgage rates have continued to decrease, with the national average for a 30-year fixed mortgage falling to 6.93%. This offers a good opportunity for homebuyers and those looking to refinance to lock in lower monthly payments. Rates are down 3 basis points from the previous day and have been declining throughout the week. Understanding these rate shifts is crucial for making wise financial decisi... more
Jun 11, 2025 10:00 AM
— Mortgage Lenders
Processing, Non-QM, LOS, Warehouse Tools; Legal Firm and Compliance News
The article discusses various updates in the mortgage industry, such as foreclosure rates, new cloud-native LOS platforms, non-QM lending, and third-party loan processing services. It also mentions the importance of mortgage compliance and the CFPB's role in the industry.
Jun 11, 2025 7:01 AM
— Mortgage Rates
30-Year Mortgage Rates Ease Lower - June 10, 2025
After rising for two days, 30-year mortgage rates fell to a 7.00% average, along with declines in rates for other mortgage types. Rates vary widely across lenders, so it's important to shop around. Freddie Mac provides a weekly average of rates, which was 6.85% last week. The Fed's bond-buying policy and rate adjustments have influenced mortgage rates over the past few years.
Jun 11, 2025 7:01 AM
— Interest Rates
CPI Comes in Low Enough to Help
Today's CPI data showed a monthly core number of 0.1 vs 0.3, leading to a limited response in the market. Despite the lower inflation numbers, Fed Funds Futures did not react much and 10-year yields only dropped slightly before bouncing back.
Jun 11, 2025 7:00 AM
— Mortgage Lending
Who pays for safety? Body shops say insurers increasingly refuse to cover full OEM collision repairs
Insurance companies are increasingly refusing to fully cover the cost of auto repairs, leading to disputes between repair shops and insurers over safety inspections required by auto manufacturers. Repairers are often not paid for necessary repair operations, leaving them with the option of billing customers or completing work for free. This trend has been escalating in recent years, causing concer... more
Jun 11, 2025 6:03 AM
— Mortgage Lenders
Trigger leads bill advances on Capitol Hill
Lawmakers are working on a bill to protect the privacy of mortgage applicants nationwide, despite opposition from the Trump administration to roll back fair lending requirements. The bill will need to be reconciled between the House and Senate before reaching President Trump. The Consumer Financial Protection Bureau is requesting a review of five rules by the White House budget office. The mortgag... more
Jun 11, 2025 4:00 AM
— Mortgage Rates
Mortgage demand rises to the highest level in over a month, after holiday adjustment
Mortgage interest rates remained relatively stable last week, but there was an increase in both homebuyers and those looking to refinance. Total mortgage application volume rose by 12.5%. Rates for 30-year fixed-rate mortgages slightly increased, while rates for 15-year fixed loans and FHA loans decreased. Applications for refinancing and home purchases both saw significant increases compared to t... more
Jun 11, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 11, 2025: Most rates lower as Fed meeting countdown begins
The article discusses how mortgage interest rates have slightly decreased, with various types of mortgages having different rates. It also explores the pros and cons of different mortgage options like 30-year fixed, 15-year fixed, and adjustable-rate mortgages. Additionally, it provides information on factors impacting mortgage rates, the potential future of mortgage rates, and considerations for ... more
Jun 10, 2025 2:00 PM
— Bond Markets
No Drama Today. How About Tomorrow?
After a slow start, the bond market remained flat throughout the day despite a weak 3yr Treasury auction. Trade talks between the US and China are potentially extending into a 3rd day. Tomorrow's focus will be on trade-related news, a 10yr Treasury auction, and CPI data. The market cares more about long-term inflation outlook rather than current data.
Jun 10, 2025 1:00 PM
— Interest Rates
Multifamily Delinquencies Are Now Higher than During the Great Recession
Fannie Mae and Freddie Mac report a rise in serious delinquencies in multifamily mortgages in April. Delinquency rates have been increasing since the end of 2022, reaching multiyear highs. The Mortgage Bankers Association also reported an increase in commercial mortgage delinquencies, especially in CMBS. The rise in multifamily delinquencies is likely due to increasing interest rates, making it ha... more
Jun 10, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Inch Slightly Lower
Mortgage rates have been relatively stable with a small drop in the top tier 30-year fixed rate for lenders. The upcoming release of the Consumer Price Index (CPI) may potentially impact mortgage rates, but the market is currently waiting to see the effects of tariffs and trade deals before drawing any firm conclusions on inflation.
Jun 10, 2025 12:09 PM
— Mortgage Rates
Mortgage credit offerings at loosest in over two years
Mortgage credit has become the loosest in over two-and-a-half years due to increased loan products in anticipation of the annual home purchase season. The average 30-year fixed-rate mortgage rose slightly to 6.86% last week, and there is a growing supply of unsold inventory putting pressure on prices.
Jun 10, 2025 8:00 AM
— Mortgage Lending
How DOGE could shrink federal housing spending
The Trump Administration is finding that cutting costs at HUD and FHFA is more complex than expected. An obstacle to finding savings is that credit costs are understated due to rising home prices. One potential area of savings is returning defaulted assets to the private sector. The article discusses conflicts between HUD and Ginnie Mae issuers in terms of repayment rules during foreclosures. Addi... more
Jun 10, 2025 8:00 AM
— Bond Markets
Bumpy Start; No Data; Waiting on Auction and Trade Headlines
Bonds are experiencing a small amount of volatility this morning, but it is not significant in the overall market. MBS have returned to unchanged levels after a brief moment of weakness at 10:15am ET. 10-year yields rose slightly but are still almost 1 basis point lower. The Treasury auction and trade-related headlines are expected to drive any bigger-picture momentum in the absence of relevant ec... more
Jun 10, 2025 8:00 AM
— Housing Market
Housing Market Predictions For The Rest Of 2025
The housing market in the second half of 2025 is predicted to have a favorable outlook if mortgage rates improve, although rising prices and slowing construction could still cause issues for buyers. Experts expect the average 30-year mortgage rate to remain in the 6% range for most of the year, with some fluctuations. Home prices are expected to continue rising, but at a slower pace than previous ... more
Jun 10, 2025 8:00 AM
— Housing Market
Democrats Urge Trump Administration to Pump Brakes on Freddie, Fannie Move
Leading congressional Democrats, led by Senator Elizabeth Warren, are pushing back on President Trump's idea to release mortgage giants Fannie Mae and Freddie Mac from government control. They argue that hasty and poorly planned changes could increase costs for families seeking to purchase a home. Releasing the companies from government control could benefit shareholders like Bill Ackman but could... more
Jun 10, 2025 7:02 AM
— Housing Market
Mortgage Rates Slightly Lower Ahead of Inflation Data: Today's Rates, June 10, 2025
Despite forecasts of gradually falling mortgage rates, the housing market remains unaffordable for most prospective buyers due to high home prices and cost-prohibitive monthly payments. The 'lock-in' effect from low-rate mortgages is keeping housing inventory tight, while a potential job-loss recession could further impact the market. Mortgage rates are closely tied to the bond market and are expe... more
Jun 10, 2025 7:01 AM
— Interest Rates
The Housing Market Just Flipped – Sellers Panicking!
The article discusses the potential impact of rising interest rates on the housing market and mortgage lending. It highlights how higher interest rates can lead to increased mortgage costs for borrowers and potentially slow down the housing market.
Jun 10, 2025 4:00 AM
— Mortgage Rates
Rates Hold Steady Just Below 7%: Today's Mortgage Interest Rates for June 9, 2025
Mortgage rates are currently at 6.87% for a 30-year fixed mortgage and 6.09% for a 15-year fixed mortgage. The Federal Reserve is holding interest rates steady due to economic uncertainty. If President Trump eases tariff measures or labor market worsens, the Fed may cut rates. Bond yields, inflation, labor data, and global factors impact mortgage rates. Fixed-rate mortgages are stable, while adjus... more
Jun 10, 2025 3:00 AM
— Mortgage Rates
30-Year Mortgage Rates Shoot Up - June 9, 2025
After dropping almost a quarter percentage point over two weeks, rates on new 30-year mortgages have now returned to 7% territory, jumping Friday to a 7.02% average. Rates for many other mortgage types also saw increases. The trigger for the increase was a better-than-expected jobs report released that morning, causing bond prices to drop and mortgage rates to increase. Freddie Mac's average for 3... more
Jun 10, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 10, 2025: Rates slip ever so slightly lower
Mortgage interest rates have recently decreased, with the 30-year fixed rate at 6.83% and the 15-year fixed rate at 6.06%. The bond market yields fell due to various factors, motivating new positions in bonds, causing the 10-year Treasury to fall. Rates for mortgage refinancing may be higher than purchase rates. Economists do not expect drastic mortgage rate drops before the end of 2025. Refinanci... more
Jun 9, 2025 1:51 PM
— Bond Markets
Gentle Rally Gently Reverses After Trade Headlines
Bond markets closed stronger, maintaining most of the gains from the morning. However, a slight increase in 10yr yields later in the day was attributed to positive comments on US/China trade talks. The market's reaction to trade-related headlines was evident. MBS increased by 3 ticks and 10yr yields decreased by 1.3bps.
Jun 9, 2025 12:50 PM
— Mortgage Rates
Mortgage Rates a Hair Lower to Start The Week
Despite a rate spike on Friday, mortgage rates did not see additional momentum at the start of the new week. Rates showed a modest bounce at slightly higher levels, with a 0.02% improvement in the 30yr fixed rate index. Afternoon headlines on trade talks with China caused bonds to lose ground, but the losses were not significant enough to impact mortgage rates.
Jun 9, 2025 11:01 AM
— Mortgage Lenders
Mortgage company Rocket is buying Redfin, the brokerage. Its CEOs talked with USA Today.
Rocket, America’s largest mortgage lender, announced plans to buy Redfin, a national brokerage. The deal is worth nearly $1.75 billion and aims to offer consumers a more seamless and transparent home buying process. Both CEOs highlighted the importance of consumer-centric approaches. They discussed challenges in the industry regarding control over real estate listings and consumer representation c... more
Jun 9, 2025 10:00 AM
— Housing Market
Home purchase sentiment rises after tariff pause
Despite increasing mortgage rates and economic volatility, the outlook among home buyers and sellers improved, with more consumers believing the market is better than in 2024. Fannie Mae's latest mortgage outlook for 2025 and 2026 is positive due to increases in gross domestic product and home sales expectations.
Jun 9, 2025 8:51 AM
— Mortgage Lenders
Fee Cure, Short-Term Rental Appraisal, Servicing, Move-Up Products; Freddie and Fannie News
The article discusses ongoing mortgage meetings and conferences focusing on the role of Freddie Mac and Fannie Mae in lending. There is speculation about the government's future role in providing guarantees in case of another financial crisis, and the need to educate regulators and Congress on these issues. Various companies are also highlighted for their products and services tailored for lenders... more
Jun 9, 2025 8:00 AM
— Interest Rates
Best CD Rates Today: June 9, 2025 | Top APY Holds Steady At 4.49%
A certificate of deposit (CD) is a savings account with a fixed interest rate for a specific term. The top CD rates have remained steady in June, and upcoming Federal Reserve decisions may provide more stability. Opening a CD requires personal information and funding with at least the minimum balance. CD rates are influenced by Federal Fund rate changes.
Jun 9, 2025 8:00 AM
— Mortgage Lenders
There's a record $700 billion of homes for sale in the US. Here's why the market is still frozen.
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Jun 9, 2025 8:00 AM
— Mortgage Lenders
Questions to ask a home loan lender
The article discusses important questions to ask your home loan lender to ensure a smoother experience. It covers topics such as understanding mortgage options, required documents, down payment assistance programs, fees, interest rates, APR, rate locks, monthly mortgage payment breakdowns, closing costs, loan closing process, repayment process, prepayment penalties, and prequalifying with multiple... more
Jun 9, 2025 7:00 AM
— Mortgage Lenders
Buying Your First Home? FHA Loans Can Help
The article discusses how first-time homebuyers can benefit from using an FHA home loan to overcome financial hurdles in the homebuying process. It highlights the lower down payment requirements and potentially lower mortgage rates associated with FHA loans, making homeownership more achievable for many buyers.
Jun 9, 2025 6:51 AM
— Bond Markets
Shifting Gears After Friday's Volatility
The bond market is currently in a stable range due to recent economic data. 10yr yields are hovering between 4.4 and 4.56. With no major data releases expected, market movements will be influenced by fiscal/trade headlines.
Jun 9, 2025 6:03 AM
— Mortgage Finance
GSE Reform Messaging Prompting Some Exhales
The article discusses the latest trends and developments in the mortgage market for the year 2025.
Jun 9, 2025 4:10 AM
— Mortgage Rates
Rates down: Will they keep falling? - Today's mortgage and refinance rates for June 9, 2025
Mortgage rates decreased across all terms compared to the previous week due to data showing slowing job growth. The Federal Reserve is not expected to slash rates at the upcoming meeting. Average rates for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans are provided. Concerns about the economic effects of tariffs and the tax bill could impact mortgage rates in the future.
Jun 9, 2025 3:40 AM
— Mortgage Lending
Ginnie Mae lifts buydown limit for custom pools
Ginnie Mae plans to exempt custom pools from a restriction, making it easier for mortgage companies to sell single-family loans with interest-rate buydowns. The top five banks had a combined wholesale volume of over $18 billion at the end of the first quarter. A federal housing official is taking action on credit score costs. Panelists at a conference credit investors for strengthening non-QM port... more
Jun 9, 2025 3:02 AM
— Home Equity Loans
HELOC rates today, June 9, 2025: Interest rates on home equity lines of credit are unchanged
The article discusses the current status of Home Equity Line of Credit (HELOC) interest rates, with some rates remaining steady while others have increased. It also highlights that a significant percentage of Americans are considering HELOCs or Home Equity Loans for various purposes such as home renovations, investing in new properties, or debt consolidation. The article emphasizes that a HELOC al... more
Jun 9, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for June 9, 2025: Steady on the 30-year, slightly lower on the 15-year
The article provides information about current mortgage interest rates as of June 9, 2025, which are unchanged on the long term and slightly lower on the short term. It discusses how mortgage rates have been influenced by bond market sell-off trends and provides various mortgage rates for different terms like fixed and adjustable rates, as well as for refinancing options. Additionally, it mentions... more
Jun 8, 2025 9:03 PM
— Housing Market
Study: Owning a home costs over $21,000 a year in hidden expenses
Bankrate conducted a study on the hidden costs of homeownership in the U.S. in 2025, finding that the average annual costs amount to $21,400 per year. These hidden costs include property taxes, homeowners insurance, utilities, internet and cable bills, and maintenance and repairs. Homeownership costs have climbed in recent years due to inflation, rising interest rates, and a competitive housing ma... more
Jun 8, 2025 7:00 PM
— Interest Rates
Economist's jumbo $128 RBA interest rate prediction in weeks: 'No need to wait'
Top economists are calling on the Reserve Bank of Australia to deliver a jumbo cash rate cut in July due to weak economic growth and cautious consumer spending. The proposed 35 basis point rate cut would provide additional savings for mortgage holders compared to previous cuts. Economists believe that a larger rate cut is necessary to move the cash rate to a more neutral level and support the econ... more
Jun 8, 2025 4:00 AM
— Mortgage Rates
HELOC rates today, June 8, 2025: Interest rates on home equity lines of credit sharply higher
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Jun 8, 2025 3:01 AM
— Home Equity Loans
HELOC rates today, June 7, 2025: The home equity line of credit rate holds steady
HELOC rates remained steady, with the rate on a 10-year HELOC at 6.73%. Homeowners have a large amount of equity tied up in their homes, making a HELOC a good option for accessing that value without giving up a low-rate mortgage. Rates for HELOCs vary based on factors like credit score and debt load. Some lenders offer introductory rates that eventually become adjustable. The draw period for HELOC... more
Jun 8, 2025 3:01 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 7, 2025: Unchanged, and that's a good thing
The article discusses the current unchanged mortgage rates, along with the slight rise in bond market yields due to a solid jobs report. It provides insight into various mortgage rates, including national averages for different types of mortgages such as fixed and adjustable-rate mortgages. The pros and cons of 30-year fixed-rate mortgages, 15-year fixed-rate mortgages, and adjustable-rate mortgag... more
Jun 8, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 8, 2025: A sharp turn higher
Mortgage rates are currently on the rise, with average 30-year fixed rates at 6.85% and 15-year fixed rates at 6.16%. The Mortgage Bankers Association predicts these rates to remain mostly unchanged through the year. When considering mortgage options, factors like term length, interest rates, and your personal financial situation play a significant role. Mortgage lenders offer the lowest rates to ... more
Jun 7, 2025 1:00 PM
— Mortgage Security Measures
The us housing market now has 500k more sellers than buyers — the most ever recorded, says redfin. and that means some have to accept ‘the writing on the wall’ as far as home prices go
The article discusses how a website is using a security service to protect itself from online attacks and how certain actions can trigger a block, such as submitting a certain word or phrase or a SQL command.
Jun 7, 2025 9:02 AM
— Bond Markets
Perfectly Logical Reaction to On-Target Data
The bond market experienced a sell-off following a modest beat in the NFP report, despite negative revisions. Wednesday's rally was based on expectations for Friday's jobs report, which did not meet expectations. The NFP remains at decent levels and is not as concerning as recent weaker data would suggest.
Jun 7, 2025 9:00 AM
— Mortgage Rates
China may make a ‘retaliatory’ move that experts say will ‘hit' US homeowners 'hard.' Here's what's happening
The article discusses the impact of the sell-off of U.S. Treasury bonds and mortgage-backed securities due to the trade war between the U.S. and China on mortgage rates. It explains that if foreign countries like China decide to dump U.S. Treasuries and MBS in response to tariffs and trade policies, it could lead to higher mortgage rates and negatively impact the housing market. The possibility of... more
Jun 7, 2025 4:51 AM
— Mortgage Industry Regulations
If the CFPB axes the LO comp rule, what happens?
The Consumer Financial Protection Bureau under the Trump administration is considering revisions and possible rescission of rules in the mortgage industry. As lenders expand into HELOCs, fraudulent activity is increasing. The economy shows signs of weakening based on latest employment statistics. For-sale supply is improving, giving buyers more options and keeping price pressures soft.
Jun 7, 2025 4:51 AM
— Mortgage Finance
Fed Expected to Hold in Near Term as Jobs Market Softens
The article discusses various aspects of mortgage lending and the current trends in the housing market.
Jun 7, 2025 3:03 AM
— Mortgage Rates
Why High Mortgage Rates Mean It’s Time to Save, Not Buy
The article discusses how high mortgage rates can create an opportunity for savers by connecting mortgage rates and savings rates. It advises potential buyers to pause their home search, put money into high-yield savings accounts, and wait for better borrowing conditions. By increasing their down payment and saving for a smarter purchase down the road, consumers can benefit from higher yields on s... more
Jun 7, 2025 3:02 AM
— Mortgage Lending
Correspondent, Warehouse, HELOC, Broker, Coaching Products; Training and Events; Fresh Jobs Data
The article discusses various services, products, and events in the mortgage industry, such as refinances decreasing, new programs for loan officers, non-QM products for brokers, improvements in accounts payable processes, home equity offerings, conferences, webinars, and technology innovation in residential lending. Additionally, it mentions upcoming events in the industry like the MISMO Spring S... more
Jun 7, 2025 3:02 AM
— Bond Markets
Jobs Report Not Bad Enough to Justify The Lead-Off
The bond market was initially expecting a lower number for the non-farm payroll report due to recent weaker economic data, but when the actual number came out at 139k, traders rushed to get back into a more neutral position. The unemployment rate remains relatively steady at 4.2% and the previous month's NFP revision does not indicate significant weakness.
Jun 7, 2025 3:01 AM
— Mortgage Rates
Why Mortgage Rates Drop Won't Help Housing Market
Mortgage rates have dropped slightly according to Freddie Mac, but the decline has not provided much relief to homebuyers facing affordability issues due to historically high rates and rising home prices. Experts do not expect significant changes in mortgage rates this year, so potential buyers may need to focus on other factors such as rising inventory to improve their position in the market.
Jun 7, 2025 3:00 AM
— Mortgage Lenders
It’s a Buyer-Friendly Housing Market as Mortgage Rates Dip
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Jun 6, 2025 12:00 PM
— Mortgage Rates
Mortgage Rate Predictions for June: Can Rates Fall Without Fed Cuts?
Mortgage rates have been high, impacting homebuyers, and are expected to stay around 6.8% for the rest of the year. Economic uncertainty, inflation concerns, and the possibility of rising unemployment rates are all factors influencing mortgage rates. The Federal Reserve's decisions indirectly impact mortgage rates, with financial markets not expecting interest rate cuts until September at the earl... more
Jun 6, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Jump Back Toward 7% After Jobs Report
Mortgage rates have recently decreased from 7.08% to 6.87% but went back up to 6.97% due to the release of the jobs report, which was as expected. This brings rates back to a middle-of-the-road level over the past month and a half, indicating a holding pattern until significant economic changes occur.
Jun 6, 2025 11:00 AM
— Mortgage Rates
Application Demand Ebbs For Both Purchases and Refis
The Mortgage Bankers Association reported a decrease in mortgage applications and rates following a three-week increase, partly influenced by the Memorial Day holiday. Despite this, purchase demand remains strong compared to last year, with FHA activity experiencing a modest rise. Refinance activity has decreased, with borrowers possibly waiting for better rates. The average refinance loan size ha... more
Jun 6, 2025 9:01 AM
— Mortgage Finance
Servicing Sales Head North in June, Prices Too
The article discusses the latest trends in the bond markets and their impact on mortgage rates. It highlights the current state of interest rates and how they are affecting the housing market and mortgage lending industry.
Jun 6, 2025 7:00 AM
— Mortgage Rates
Jobs numbers dash hopes for rate cut, mortgage hiring rises
May's slightly stronger employment data led to a little increase in payrolls, reducing hopes for further decline in rates. Industry representatives suggest changes to requirements to aid moderate-sized companies. Home equity volume increased with homeowners opting for loans instead of buying new houses due to rising mortgage rates.
Jun 6, 2025 6:00 AM
— Mortgage Lending
Low credit scores in non-QM verge on 10% default rate
A study by Kroll Bond Rating Agency shows that the performance of nonqualified mortgages has varied by segment but has resulted in relatively few credit losses over the past decade. Pricing on 30-year fixed rate mortgages dropped slightly, while legal and compliance issues were the top cause for application defects during the fourth quarter. Some mortgage companies were able to offset origination ... more
Jun 6, 2025 5:01 AM
— Mortgage Finance
Trump’s GSE Decree Provides Some Comfort
The article discusses the latest market trends and analysis in the mortgage industry, including insights on mortgage rates, refinancing activity, and housing market conditions.
Jun 5, 2025 3:00 PM
— Interest Rates
How the Trump/Musk dispute could influence mortgage rates
President Trump and Elon Musk's conflict could impact mortgage rates in the future, with minor upticks already seen in response to economic data. Musk's influence on the proposed tax bill and trade talks may have implications for mortgage rates. The Trump administration is pressuring Powell to lower interest rates.
Jun 5, 2025 2:01 PM
— Mortgage Finance
Dimon Predicts Problems for Bond Market, MBS Spreads
The article discusses various aspects related to mortgage finance publications in 2025, including design, content management systems, hosting, and web development. It highlights the importance of staying updated with the latest trends and technologies in the mortgage industry.
Jun 5, 2025 2:01 PM
— Mortgage Finance
Agency Refinance Volume Keeps Rising, GSEs Gaining
The article discusses the latest trends in the mortgage lending industry, focusing on the impact of rising interest rates on borrowers. It highlights how higher interest rates are affecting the housing market and mortgage lenders, leading to changes in borrowing patterns and mortgage approval rates.
Jun 5, 2025 2:00 PM
— Bond Markets
Bonds Dial Back Ahead of Big Jobs Report
Bonds had an interesting day with a hawkish European Central Bank announcement, news of a Trump/Xi phone call affecting trade relations, a Trump/Musk social media exchange impacting stocks, and market movements ahead of the jobs report. Overnight, MBS were slightly stronger but lost ground after the ECB announcement.
Jun 5, 2025 1:01 PM
— Mortgage Rates
Mortgage Rates Little Changed, But Friday Could See a Bigger Move
Mortgage rates started the day unchanged but slightly increased in the afternoon due to the bond market weakening. Different factors contributed to this, including the reaction to the European Central Bank's policy announcement and headlines about a potential improvement in trade relations between the US and China. Tomorrow's big jobs report could cause significant volatility in rates depending on... more
Jun 5, 2025 12:00 PM
— Mortgage Rates
Average mortgage rate falls for first time in a month
The average rate on a 30-year mortgage in the U.S. fell slightly this week, but borrowing costs for homebuyers are still elevated. Mortgage rates are influenced by various factors, including the Federal Reserve's interest rate policy decisions and bond market trends. The 10-year Treasury yield is a key factor used by lenders to price home loans. High mortgage rates have reduced purchasing power fo... more
Jun 5, 2025 11:16 AM
— Mortgage Rates
Mortgage rates drop for first time in weeks, still hover near 7%
UBS Global Wealth Management portfolio manager Angie Newman discusses market reaction amid trade tensions and advises clients and investors. Mortgage rates declined for the first time in weeks, hovering near 7%. The average rate on the 30-year fixed mortgage decreased to 6.85% from the previous week's 6.89%. Potential homebuyers are benefiting from the lower rates as inventory improves and house p... more
Jun 5, 2025 11:00 AM
— Home Equity Loans
HELOC rates jump to near 2025 highs; home equity loans tick up too
Home equity rates, including HELOC rates, have risen recently but are still lower than at the beginning of 2025. HELOCs and home equity loans are influenced by lender competition and Federal Reserve actions. Despite the recent uptick in rates, experts forecast that rates will continue to decline in 2025, potentially dropping to their lowest level in three years. Home equity loans tend to be less e... more
Jun 5, 2025 11:00 AM
— Mortgage Lenders
The best time to make a lump-sum mortgage payment, according to the experts
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Jun 5, 2025 10:17 AM
— Mortgage Rates
Mortgage rates move lower for first time in four weeks
Mortgage rates have decreased for the first time in four weeks as the 10-year Treasury yield had a volatile week. Economic news, including a GDP contraction, contributed to this trend. The 30-year fixed rate mortgage is currently 14 basis points lower than it was last year. Loan originators discuss their success in maintaining deals amid market fluctuations.
Jun 5, 2025 10:00 AM
— Housing Market
Mortgage rates ease, but many house hunters still need hacks
Despite a slight decline in 30-year fixed-rate mortgages, overall mortgage rates have not seen significant changes this year. Affordability remains a challenge for homebuyers as home prices continue to rise. While some believe that lowering mortgage rates could stimulate the housing market, the impact may be limited if home prices keep increasing. For many buyers, the amount of money needed for a ... more
Jun 5, 2025 9:17 AM
— Mortgage Finance
Voxtur Seeing Interest Amid Strategic Review
The article discusses the latest trends and developments in the mortgage finance industry, including insights on interest rates, housing market conditions, and mortgage lender activity.
Jun 5, 2025 9:17 AM
— Mortgage Lenders
Hedging, Reverse 2nd Lien, HELOC, Borrower Portal, Broker, 2nd Mortgage Products; Florida Insurance News
The article discusses various trends and developments in the mortgage industry, including an analysis of personal property insurance in Florida, the shift towards home equity products, updates on wholesale mortgage sales, information on non-conforming and non-QM loans, and announcements from various mortgage lenders.
Jun 5, 2025 9:02 AM
— Mortgage Finance
Grapevine: Wells Freed From Asset Cap; VA Partial Claims Update
The article discusses the latest trends in the housing market and how they are impacting mortgage lenders. It highlights the increase in mortgage rates and the challenges faced by potential homebuyers in securing affordable loans.
Jun 5, 2025 9:02 AM
— Mortgage Finance
More Renters See Homeownership as Risky
The article discusses various aspects of mortgages and related financial topics. It highlights the importance of understanding current mortgage rates in order to make informed decisions when purchasing a home. The article also touches on the impact of bond markets and housing market trends on mortgage rates.
Jun 5, 2025 9:00 AM
— Mortgage Finance
VA Denial Rate Declines Amid Surge in Applications
The article discusses various factors that can affect mortgage rates, such as economic indicators, inflation, and the Federal Reserve's monetary policy. It emphasizes the importance of monitoring these factors to understand how they impact mortgage rates.
Jun 5, 2025 9:00 AM
— Mortgage Rates
Mortgage rates ease for the first time in a month
Mortgage rates fell slightly this week as Treasury yields also dropped. The rates have been relatively high, leading to a decrease in mortgage application activity. 10-year Treasury yields went down after economic data showed weakness in the service sector and private job creation. Expectations of a possible Federal Reserve rate cut in September have influenced the discussion surrounding mortgage ... more
Jun 5, 2025 9:00 AM
— Mortgage Lenders
Mortgage Rates in US Drop for First Time in More Than a Month
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Jun 5, 2025 7:17 AM
— Bond Markets
Bumpy Start; Data Overshadowed by Other Events
Bonds initially rallied in the morning but quickly reversed gains, with the shift attributed to stock market volatility and the Trump/Xi call, as well as the ECB announcement. This led to Treasuries and MBS returning to roughly unchanged levels.
Jun 5, 2025 7:00 AM
— Privacy Settings for Online Mortgage Applications
Mortgage lenders raise rates amid uncertainty over BoE interest rate cuts
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Jun 5, 2025 3:21 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 5, 2025: Bond rally sparks lower mortgage rates
The article discusses the current mortgage interest rates, including the national averages for 30-year fixed, 20-year fixed, 15-year fixed, and ARM rates, according to Zillow data. It explains the differences between fixed-rate and adjustable-rate mortgages, as well as factors that impact mortgage rates such as economic conditions. It also mentions the best mortgage lenders for lowest rates, the i... more
Jun 4, 2025 3:24 PM
— Interest Rates
Big Bond Rally After ADP and ISM
Weak economic data, including ADP Employment and ISM Services reports, led to improvements in rates and yields. The market reacted positively to the data, with MBS and 10yr yields experiencing gains. However, if the upcoming jobs report does not agree with the ISM data, bonds may have to give back some of the gains.
Jun 4, 2025 3:00 PM
— Mortgage Rates
When will mortgage rates go down to 5%?
The article discusses the likelihood of mortgage rates falling into the 5% range due to possible economic triggers, such as a recession. It explains that the Federal Reserve's rate cuts do not directly correlate with lower mortgage rates. Realtor.com's chief economist, Danielle Hale, mentions that lower mortgage rates could attract both buyers and sellers back into the market, potentially causing ... more
Jun 4, 2025 2:23 PM
— Mortgage Rates
Biggest Daily Drop For Mortgage Rates in Over a Month
Mortgage rates have dropped, with the average lender now offering rates that are about an eighth of a percent lower in just over a week. Today's average top tier 30yr fixed rate is down to 6.87% from 6.96% yesterday, marking the best single day drop since mid April. Economic data, particularly concerning the labor market and service sector, are influencing these rate changes.
Jun 4, 2025 2:00 PM
— Mortgage Rates
Mortgage rates dip again, still near 7%
The article discusses the current mortgage rates, the factors influencing them, and the impact of inflation on mortgage rates. It also mentions that mortgage rates are likely to stay in the 6.5 percent to 7 percent range for the near future.
Jun 4, 2025 1:24 PM
— Home Equity Loans
Closed-end seconds lead overall home equity loan growth
The TransUnion report found that closed-end home equity loan annual growth outpaced its line of credit cousin in the fourth quarter. Homeowners can borrow $50,000 and pay around $100 less per month compared to last year. More homeowners are opting for HELOCs, but there is a knowledge gap regarding its use. Wall Street is seeing an increase in home equity loans as buying new homes become more diffi... more
Jun 4, 2025 10:22 AM
— Mortgage Lenders
From mortgage rates to prices, here are 3 housing-market predictions for 2025 from Goldman Sachs
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Jun 4, 2025 9:00 AM
— Housing Market
MBS Pooling, HELOC, Verification Tools; Listings Hit All-Time High; Marginal Costs to Produce a Loan
The housing market in the US is currently facing an inventory surplus with home sellers sitting on nearly $700 billion worth of listings, an all-time high. There are nearly 500,000 more sellers than buyers, leading to potential impacts on home prices. The NAR Chief Economist predicts an increase in existing and new home sales, along with a rise in median home prices and mortgage rates in the comin... more
Jun 4, 2025 8:24 AM
— Bond Markets
JOLTS Data Didn't Help, But it Didn't Hurt Much Either
Bond market showed moderate strength overnight, weakened after Job Openings data was released but recovered in the afternoon. Headlines about the Senate taking up the budget bill did not have a significant impact on the bond market. Overall, bonds closed roughly unchanged. Next focus is on ISM Services data. 10yr yields ended slightly higher at 4.47, MBS slightly down, but there was a decent recov... more
Jun 4, 2025 8:23 AM
— Bond Markets
Weaker Econ Data. Lower Yields
The bond market had a simple morning as key economic reports came in weaker than expected. ADP employment numbers were significantly lower than forecasted, while ISM Services data showed weaker growth metrics but an increase in the employment index. The ISM price index also continues to rise, catching the attention of the bond market.
Jun 4, 2025 8:23 AM
— Mortgage Rates
Will mortgage rates fall after the Fed's June meeting?
The article discusses the current interest rate climate in 2025, with inflation declining and potential relief from high mortgage rates. It explains that mortgage rates don't directly correlate with Federal Reserve policy changes but track closer to the 10-year Treasury yield. Experts predict that rates will likely stay in the mid-to-upper 6% range through mid-2025, despite potential Fed rate cuts... more
Jun 4, 2025 8:22 AM
— Mortgage Rates
Understanding Today’s Mortgage Rates: Is 3% Coming Back?
The article discusses how buyers are waiting for mortgage rates to come down to historic lows of 3%, but experts believe rates will settle in the mid-6% range by the end of the year. It emphasizes the importance of not waiting indefinitely for lower rates and instead working with real estate agents and lenders to navigate the current market.
Jun 4, 2025 6:00 AM
— Mortgage Rates
One year of mortgage rates: See how often they change
Mortgage rates fluctuate daily and are influenced by market conditions, with the most movement seen on Wednesdays and Fridays. The rates are impacted by various factors including the federal funds rate and the 10-year Treasury yield. Other factors affecting mortgage rates include credit score, down payment amount, loan term, and type of loan. Locking in a mortgage rate for 30 to 60 days can help s... more
Jun 4, 2025 4:00 AM
— Mortgage Rates
Mortgage demand drops for the third straight week, even as interest rates ease
Mortgage rates fell slightly last week, but mortgage demand dropped. Refinance activity declined while applications to purchase a home also fell. However, purchase demand was higher than last year due to increased supply in the housing market. Mortgage rates have been relatively stable for the past two months.
Jun 4, 2025 3:03 AM
— Mortgage Rates
Mortgage Rate News
Bankrate's experts provide the latest mortgage news, rates, and insights supported by data and personal experience.
Jun 4, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 4, 2025: Rates drop across the board
Mortgage interest rates have decreased, with the 30-year fixed rate falling to 6.79%, the 20-year fixed rate to 6.46%, and the 15-year mortgage rate to 5.94%. The lower rates are attributed to bond yields dropping since May. Mortgage refinance rates are typically higher than rates for buying a house. The advantages and disadvantages of different loan terms like 30-year fixed, 15-year fixed, and ad... more
Jun 4, 2025 1:00 AM
— Mortgage Rates
Mortgage Rates Are Trapped in 'Groundhog Day'
Mortgage rates have been stuck at high levels due to the back and forth on tariffs between the Trump administration and the courts. The uncertainty caused by tariffs has hindered the Fed from lowering interest rates and has kept the mortgage market in a standstill. The potential impact of Trump's tariffs on inflation and the economy has left experts predicting that mortgage rates are unlikely to d... more
Jun 3, 2025 3:00 PM
— Home Equity Loans
Should you tap your home equity in a recession?
Shannon Martin and her husband took out a personal loan to renovate their run-down Victorian Era home. They plan to pay off the loan with a HELOC later in the year but face uncertainty due to potential economic downturns and recession. Martin's dilemma raises the question of tapping into home equity during uncertain times.
Jun 3, 2025 1:00 PM
— Interest Rates
Uneventful Day For Mortgage Rates
Economic reports, like the Job Openings and Labor Turnover Survey (JOLTS), have the potential to influence mortgage rates. Despite some volatility, the mixed message from the JOLTS report ultimately led to rates staying in line with the previous day's levels.
Jun 3, 2025 9:00 AM
— Mortgage Finance
Originations Suppressed Amid Elevated Interest Rates
The article discusses the latest trends in the mortgage market and how they are impacting mortgage lending. It highlights changes in interest rates, housing market conditions, and the role of mortgage lenders in the current market environment.
Jun 3, 2025 9:00 AM
— Mortgage Lending
Borrower Psychology, Marketing, DSCR, AUS for Non-QM; Note on LO Strategy; Supply Manager's Telling Comments
The article discusses the importance of listening in the mortgage industry, various mortgage-related workshops, settlement solutions by ICE Mortgage Technology, an upfront Automated Underwriting System for non-QM lending by Prudent AI, and upcoming industry events and services.
Jun 3, 2025 8:24 AM
— Mortgage Rates
Rates go down: Will it continue? - Current mortgage and refinance rates for June 3, 2025
Average mortgage rates for various terms have decreased compared to a week ago, but 30-year borrowing costs are still near 7 percent. Despite the high rates, there is pent-up housing demand, and any significant decrease in mortgage rates could help release this demand. The article also mentions concerns about the economic effects of tariffs and the tax bill on mortgage rates in the future.
Jun 3, 2025 8:00 AM
— Interest Rates
Fed and Data Temper Overnight Rally
10yr yields dropped modestly to 4.41. Resistance is expected at these levels if there is no data-based inspiration. We are seeing weakness after stronger job openings figures and hawkish comments from Fed's Bostic.
Jun 3, 2025 3:03 AM
— Mortgage Rates
Most rates decline: Will it continue? | Current mortgage and refinance rates for June 2, 2025
National mortgage rates for 30-year fixed, 15-year fixed, and jumbo mortgages have mostly decreased, while rates for ARM loans have risen. The median national existing-home price is at a record high of $414,000. The 30-year fixed mortgage rate is currently at 6.93 percent, with other rates for different loan types also listed. There are concerns about the economic effects of tariffs and the tax bi... more
Jun 3, 2025 3:03 AM
— Interest Rates
High-yield savings rates today: June 2, 2025 | Highest APY remains 4.40% as the Fed prepares its next move
Some Fed officials hint at the Federal Reserve not raising interest rates at the upcoming meeting in mid-June. This stability in rates benefits savers, as high-yield savings accounts are still offering competitive APYs above 4 percent. Online-only banks tend to provide the best yields with minimal deposit requirements. The Federal Reserve's decision on interest rates can impact the future of these... more
Jun 3, 2025 3:00 AM
— Mortgage Lending
Loan Calculator
Bankrate provides a loan calculator tool to help users estimate monthly payments for various types of loans and loan terms. The tool can be used to compare mortgage refinance payments, personal loans, car loans, and debt consolidation loan terms. It also provides information on interest rates, repayment terms, and amortization schedules. Bankrate offers various guides and tips to help users naviga... more
Jun 3, 2025 3:00 AM
— Mortgage Security
Mortgage rates aren’t hampering millennials’ homebuying interest
The article discusses the importance of verifying humans in online transactions to prevent fraud and ensure security. It emphasizes using various methods such as CAPTCHA, biometrics, and behavioral analysis to confirm a user's identity.
Jun 3, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 3, 2025: Rates hold steady on the most popular loan terms
The article discusses the current mortgage interest rates, the potential impact of homeowners upgrading or downsizing due to lifestyle factors, and the difference between 15-year and 30-year mortgages. It also touches on adjustable-rate mortgages versus fixed-rate mortgages and offers insights into the future trajectory of mortgage rates until the end of 2025.
Jun 3, 2025 2:03 AM
— Mortgage Lending
It's a homebuyer's market — if you can afford one
The article discusses the importance of human verification to ensure online security. It highlights the various methods used to verify human users, such as captcha tests and biometric authentication.
Jun 2, 2025 4:00 PM
— Bond Markets
New Month Selling Trumps ISM Data
The bond market experienced some excess strength due to month-end trading last week, resulting in the lowest yields of the day. However, the yields were still targeted by sellers leading to a modest correction at the beginning of a new month. Despite the correction, yields remained towards the lower end of the recent range.
Jun 2, 2025 2:00 PM
— Mortgage Lenders
Guide to first-time homebuyer loans and programs
First-time homebuyer loans offer affordable rates, flexible requirements, and assistance with closing costs and down payments. Different types of loans like conventional loans, FHA loans, VA loans, and USDA loans are available for first-time buyers. Programs like down payment assistance, employer-assisted housing, and tax breaks can also help first-time buyers.
Jun 2, 2025 1:01 PM
— Mortgage Rates
Mortgage Rates Edge Higher to Start Busy Week
Mortgage rates have remained stable around just under 7% since last Tuesday. The average lender saw a slight increase from last Friday, but rates are still hovering around 7%. Economic data, such as the Manufacturing report from ISM, has had a minimal effect on rates so far.
Jun 2, 2025 12:00 PM
— Home Equity Loans
Americans tapped $25B in home equity in Q1 2025
During the first quarter of 2025, U.S. homeowners accessed nearly $25 billion in home equity through second-lien mortgages, marking a 22% increase from the previous year. The boost in activity was attributed to lower interest rates, especially for home equity lines of credit (HELOCs), which set a positive tone for the rest of the year.
Jun 2, 2025 12:00 PM
— Mortgage Rates
Mortgage and refinance interest rates today for June 2, 2025: Slightly higher for the 30-year; unchanged on the 15-year term
Current mortgage interest rates on June 2, 2025, show an increase in the average 30-year fixed mortgage rate to 6.81% while the 15-year fixed interest rate remains unchanged at 6.02%. Global unrest may impact bond markets, including the 10-year Treasury, affecting mortgage rates. Different mortgage rate options are provided, and factors influencing mortgage rates such as fixed-rate mortgages, adju... more
Jun 2, 2025 10:00 AM
— Mortgage Rates
30-Year Mortgage Rates Continue to Fall
The average mortgage rate for new 30-year mortgages has dropped below 7% for the first time in three weeks. Rates have also decreased for other types of mortgages. Mortgage rates fluctuate based on various factors, including macroeconomic conditions and the Federal Reserve's bond-buying policies. While the fed funds rate indirectly influences mortgage rates, the Fed's aggressive rate increases in ... more
Jun 2, 2025 9:01 AM
— Mortgage Rates
POS, Borrower Interface, Ops, Verification Tools; Conv. Conforming News
The article discusses various factors affecting mortgage rates, such as inflation, wage increases, potential privatization of Freddie Mac and Fannie Mae, and the impact on mortgage rates. It also covers upcoming webinars, product offerings for lenders, and a proposal to make Common Securitization Solutions a regulated public utility to enhance efficiency in the housing finance system.
Jun 2, 2025 9:00 AM
— Mortgage Finance
VA Refi Denials Decline in 2024 Amid Surge in Applications
The article discusses the latest trends and developments in the mortgage industry, focusing on how mortgage lenders are adapting to changes in the housing market and interest rates. It highlights the importance of staying informed and up-to-date with current market conditions to make informed decisions when it comes to obtaining a mortgage.
Jun 2, 2025 8:01 AM
— Bond Markets
Softer Start Despite Tame ISM Manufacturing Data
The ISM Manufacturing PMI report has the potential to influence the bond market, with today's weaker result helping bonds avoid additional weakness. 10yr yields are slightly lower, hovering around 4.45%, as investors await more data.
Jun 2, 2025 6:02 AM
— Mortgage Finance
Pulte Hints on Action Against Rising Credit Score Costs
The article discusses a publication called Inside Mortgage Finance, focusing on design, content management systems, hosting, and web development.
Jun 2, 2025 4:00 AM
— Home Equity Loans
Home equity lending is flourishing as HELOC rates fall
Home equity lending has become increasingly popular due to rising home prices and mortgage rates close to 7%. More homeowners are considering taking out a HELOC, but there is still a lack of understanding surrounding its uses. The housing market is shifting towards favoring homebuyers, with younger clients entering the market with government-backed loans. Interest rate volatility has led to increa... more
Jun 2, 2025 4:00 AM
— Mortgage Lending
Mortgages: First-time buyers typically borrowing for 31 years
First-time buyers are borrowing for longer mortgage terms, with the average now being 31 years compared to 28 years a decade ago. This allows borrowers to keep their monthly repayments low despite higher mortgage rates. Even though rates have fallen recently, the trend of longer mortgage terms continues. Many first-time buyers are choosing longer terms to afford buying a property, with some borrow... more
Jun 2, 2025 3:00 AM
— Interest Rates
5 Reasons NOT to Overpay Your Mortgage in 2025
The article discusses the impact of rising interest rates on the housing market, including how higher rates could make it more difficult for buyers to afford homes. It also mentions the potential for slower growth in home sales and prices due to rising rates.
Jun 2, 2025 2:00 AM
— Housing Market
America's housing market is cracking
After more than two years of continuous price increases, the American housing market is showing signs of fatigue. Home prices are starting to fall, unsold inventory is piling up, and buyers are walking away from deals. Mortgage rates around 7% and economic uncertainty from tariffs are causing buyers to hesitate. Luxury buyers are also backing away. Real estate agents are witnessing a shift towards... more
Jun 2, 2025 2:00 AM
— Housing Market
May mortgage applications for home purchases surge 27%, setting new Dutch record
The Dutch mortgage market hit a new record in May with a surge in home purchase applications, driven by anticipated changes in interest rates. The majority of applications were for home purchases, showing a shift in market dynamics. The average mortgage amount and home value also increased compared to the previous year.
Jun 2, 2025 2:00 AM
— Mortgage Rates
Rising Mortgage Rates and Recession Fears Stall a Fragile Housing Market
The article discusses the latest increase in mortgage rates, leading to higher borrowing costs for homebuyers. This rise in rates is attributed to the strengthening economy and inflation concerns, prompting lenders to adjust their rates accordingly.
Jun 1, 2025 3:01 AM
— Housing Market
3 reasons it's a great time to buy a home, according to Compass' CEO
CEO of Compass, Robert Reffkin, believes now is a good time to buy a home due to high housing inventory, lower prices, and relatively lower borrowing costs. He predicts prices may fall slightly in the second half of 2025. Pending home sales dropped in April, but Reffkin expects a rebound in May due to easing fears surrounding tariffs.
Jun 1, 2025 3:01 AM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to highest level in months
The average rate on a 30-year mortgage in the U.S. increased to 6.89%, the highest level since early February. Borrowing costs on 15-year fixed-rate mortgages also rose. Mortgage rates are influenced by various factors, including the 10-year Treasury yield. Rising mortgage rates have reduced purchasing power for potential homebuyers, contributing to a sales slump in the housing market.
Jun 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 31, 2025: Lower, with 15-year rates back under 6%
The article discusses how mortgage rates have decreased, with the 30-year fixed rate at 6.84% and the 15-year fixed rate at 5.99%. The Federal Reserve's preferred inflation measure has influenced interest rate expectations. It also compares the pros and cons of different mortgage types, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages. Furthermore, it provides insights on the ho... more
Jun 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 1, 2025: The 30-year drops while the 15-year edges higher
The article discusses how mortgage rates are currently lower on the long end but slightly higher on the short end. It provides information on various mortgage rates, like 30-year fixed, 20-year fixed, 15-year fixed, and ARM rates. It explains the difference between a fixed-rate and an adjustable-rate mortgage, as well as the factors that can influence mortgage rates, such as credit score, down pay... more
Jun 1, 2025 3:00 AM
— Home Equity Loans
HELOC rates today, June 1, 2025: Interest rates on home equity lines of credit move lower again
Home equity line of credit (HELOC) interest rates have seen a decrease today, making it more affordable for homeowners to tap into their home's value without having to refinance their primary mortgage. With a staggering amount of home equity in houses, homeowners can access this value through HELOCs, which have different rates compared to primary mortgages. However, rates vary depending on factors... more
May 31, 2025 6:00 AM
— Mortgage Finance
Bright Outlook for Non-QM Lending and Securitization
The article discusses the latest trends and updates in the mortgage industry, focusing on factors such as mortgage rates, housing market conditions, and mortgage lending practices.
May 31, 2025 4:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
The U.S. housing market has more sellers than buyers, resulting in less competition for home listings and pressure on sellers to lower prices. Mortgage rates have been rising since 2022, affecting home sales. Some sellers have reduced prices or offered incentives. The market imbalance is expected to lower home prices by 1% by the end of the year. Despite favoring buyers, the housing market remains... more
May 31, 2025 3:03 AM
— Mortgage Finance
Jumbo Borrowers Faced Fewer Denials in 2024
The article discusses the latest trends in the mortgage lending industry, highlighting factors influencing mortgage rates and borrower demand. It also touches on the impact of the housing market on mortgage lenders and potential challenges they may face in the current economic climate.
May 31, 2025 3:03 AM
— Mortgage Finance
FHA and Ginnie Stoic Amid Rising Late Rates
The article discusses the latest trends and updates in the mortgage finance industry.
May 31, 2025 3:03 AM
— Mortgage Rates
Rates remain elevated - Current mortgage and refinance rates for May 30, 2025
Mortgage rates have varied compared to last week, with the 30-year fixed rate at 6.94%. The housing market remains in a mild seller's market, although inventory levels are increasing, benefiting buyers. Experts predict rates to stay relatively stable in 2025, but small economic shifts could create opportunities. Home sales have been strong, but pent-up housing demand continues to grow. Mortgage ra... more
May 31, 2025 3:02 AM
— Housing Market
Home Prices Falling or Growing Less Quickly?
Both FHFA and Case Shiller released home price data showing positive month-to-month movement, but with long-term trends indicating a decline in the pace of home price appreciation. However, Case Shiller's seasonally adjusted numbers revealed a national decline in prices, the first negative reading since early 2023, raising concerns about the housing market.
May 31, 2025 3:02 AM
— Mortgage Rates
Purchase and Refi Demand Diverge Again
Mortgage rates reached their highest level since January, with the 30-year fixed rate increasing to 6.98%. Refinance demand dropped by 7%, while purchase applications rose by 3%. Overall, purchases are up 18% compared to the same time last year, while refis are up 37%, although the year-over-year gap is narrowing. There was a welcome drop in daily rates at the start of the new week.
May 31, 2025 3:02 AM
— Housing Market
Pending Home Sales Slip, But the Broader Story Remains the Same
The National Association of Realtors' Pending Home Sales Index has been stagnant for over two years due to affordability constraints and elevated mortgage rates. April saw a 6.3% drop in pending sales, with the index hitting its third-lowest level on record. Despite regional variations, the overall trend remains one of stagnation with higher mortgage rates being the biggest hurdle for both buyers ... more
May 31, 2025 3:01 AM
— Bond Markets
Strongest Close of the Week After Well-Contained Month-End Volatility
Today's economic data had little impact as it met expectations. Month-end trading environment likely influenced bond market, resulting in bonds reaching strongest levels of the week by a small margin.
May 31, 2025 3:00 AM
— Housing Market
Sellers outnumber homebuyers: High prices and mortgage rates continue to skew the housing market
The U.S. housing market currently has nearly 34% more sellers than buyers, leading to less competition for home listings and more pressure on sellers to lower prices. The increase in sellers and decrease in buyers has caused a decline in home sales, with prices expected to drop by about 1% by the end of the year. Some sellers have already started reducing prices and offering incentives to attract ... more
May 30, 2025 12:00 PM
— Mortgage Rates
Another Small Victory For Mortgage Rates
Mortgage rates have remained relatively stable this week, with a slight decrease in the average top tier 30yr fixed rate. Most movement occurred on Tuesday morning after the holiday weekend, with minimal changes since then. Economic data did not have a significant impact on rates, with inflation data being in line with expectations.
May 30, 2025 9:39 AM
— Mortgage Finance
Lenders, Borrowers Waiting for Interest Rates to Drop (IMF)
Elevated interest rates on mortgages are currently suppressing demand, but short periods of declines in rates have led to surges in loan applications. The uncertainty remains as to when interest rates will decrease.
May 30, 2025 9:39 AM
— Mortgage Finance
Mortgage Originations by Product: 2004-1Q25 (PDF)
The article provides market-level data on dollar volume by type of mortgage product, including government, conventional-conforming, nonconforming, adjustable-rate, jumbo, refinance, and purchase. The data is broken down quarterly starting from 2019.
May 30, 2025 9:01 AM
— Mortgage Finance
MBS Trading Drops in April
The article discusses recent trends in the housing market, noting an increase in mortgage rates and a decrease in home sales. It also mentions the impact of treasury rates on mortgage rates and how it is affecting potential homebuyers' ability to afford homes.
May 30, 2025 9:00 AM
— Mortgage Lenders
Correspondent DPA, Home Equity Products; Training and Webinars in June; STRATMOR on Navigating DC
The article discusses various products and services related to mortgages, such as Flyhomes Instant Equity, Aven Broker Program, Click n' Close Down Payment Assistance programs, and the launch of the Chrisman Marketplace. It also mentions upcoming events and webinars related to mortgage news and trends.
May 30, 2025 8:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices, mortgage rates skew market
The U.S. housing market currently has more sellers than buyers, leading to less competition for homes and pressure on sellers to lower prices. This shift in balance between buyers and sellers is causing home prices to decline, with some metro areas already experiencing price drops. However, despite this shift in favor of buyers, the housing market may remain unaffordable for many Americans due to ... more
May 30, 2025 6:00 AM
— Interest Rates
Ho-Hum PCE Inflation Data Leaves Focus on Month-End Trading
Today's PCE Price Index is a consumer inflation report that is bigger and broader than CPI, but tends to have a smaller reaction in the market due to its staleness and lower surprise potential. Traders are more interested in the inflation narrative over the next 6 months, particularly with tariff policy stabilization and price pressure passing through. Bonds may be influenced by month-end trading ... more
May 30, 2025 3:03 AM
— Interest Rates
Top CD Rates Today: May 29, 2025 | Best APYs Range 4.15%-4.49%
The article discusses the benefits of investing in a certificate of deposit (CD) as a tool for saving money. It highlights the current leading APY rates across different CD terms and the pros of CD investing, such as solid APYs, safety, guaranteed fixed returns, and limited access to funds. It also mentions the recent federal funds rate changes and how they can impact deposit accounts like CDs.
May 29, 2025 3:00 PM
— Online Mortgage Applications
FHFA’s Pulte on Fed Rates, Future of Fannie and Freddie
The article discusses the importance of confirming that the user is not a robot by clicking a box before accessing certain online content.
May 29, 2025 3:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.89%, its highest level since early February
The average rate on a 30-year mortgage in the U.S. rose to 6.89%, the highest level since early February, impacting borrowing costs for homebuyers. Mortgage rates are influenced by various factors such as the Federal Reserve's interest rate policy, bond market expectations, and the 10-year Treasury yield. Rising mortgage rates have reduced purchasing power for potential homebuyers, leading to a sa... more
May 29, 2025 2:01 PM
— Mortgage Finance
MBS Trading Slows in April
The article discusses updates in the mortgage industry, including changes in mortgage rates and trends in the housing market.
May 29, 2025 2:01 PM
— Mortgage Rates
Bonds Hold Morning Gains; No Reaction to Tariff Headlines
The markets reacted to tariff headlines, with tariffs back in effect pending further review by the court. Traders expect the administration to find ways around any attempted block. Tepid economic data and a well-received 7-year Treasury auction added mildly to the gains. Mortgage-Backed Securities (MBS) and 10-year Treasury yields saw slight improvements.
May 29, 2025 2:00 PM
— Mortgage Rates
Mortgage rates rise for third straight week, hover near 7%
The article discusses the lack of housing supply being a significant problem, the increase in mortgage rates for the third straight week with the 30-year fixed mortgage rate at 6.89%, and the rise in home prices. The National Association of Realtors reported a drop in pending home sales and emphasized the importance of lower mortgage rates to boost home buyer activity.
May 29, 2025 1:01 PM
— Mortgage Rates
Monthly mortgage payments on the rise, but not for long
Homebuyers in the current Spring season are facing larger monthly payments, but relief may be on the way. Mortgage rates have increased since April and the Purchase Application Payment Index has dropped. Yields on the 10-year Treasury are climbing due to various factors, and pending sales of homes have increased thanks to a brief dip in mortgage rates.
May 29, 2025 1:00 PM
— Mortgage Rates
The market slump? It’s ‘all about mortgage rates’
Pending home sales dropped significantly in April due to economic uncertainties such as tariffs, federal job cuts, and high mortgage rates. The rise in mortgage rates is a major hurdle for potential buyers, with rates averaging around 6.89%. Despite lower prices and rising supply, lower mortgage rates are seen as essential to revive the housing market. Privatizing Freddie Mac and Fannie Mae could ... more
May 29, 2025 1:00 PM
— Bond Markets
Mortgage Rates Move Slightly Lower After Today's Data
There was behind-the-scenes volatility in the bond market today, but it had a minimal impact on mortgage lenders. The bond market initially weakened due to news on tariffs, but reversed after the release of weak economic data. The weaker data was good for bonds and rates, leading to a modest drop in the average conventional 30yr fixed rate.
May 29, 2025 11:00 AM
— Mortgage Rates
Mortgage rates keep rising. Home sales keep slowing.
Mortgage rates increased for the third consecutive week, reaching an average of 6.89% for 30-year fixed-rate mortgages. As a result, the housing market is being negatively impacted, with a decline in both refinance and purchase applications. Sales of previously-owned homes have been inconsistent this year, with April seeing the slowest pace since 2009. Home contract signings also dropped in April,... more
May 29, 2025 10:30 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 29, 2025: Rates higher for the third week in a row
Mortgage interest rates increased slightly this week, with the average 30-year fixed rate rising to 6.89%. The 10-year Treasury yield is up compared to the previous week, but rates are still lower than mid-month highs. The article discusses the impact of economic factors on mortgage rates, the difference between fixed and adjustable-rate mortgages, factors that affect mortgage rates, and refinanci... more
May 29, 2025 10:14 AM
— Mortgage Rates
Mortgage rates rise again to highest level since February
Mortgage rates have increased for the third week in a row, reaching their highest point since February. Despite some economic news and political developments affecting Treasury yields, the 30-year fixed rate mortgage saw some decrease in pricing.
May 29, 2025 9:01 AM
— Mortgage Finance
Trump Explicitly Endorses GSEs’ Implicit Guarantee
The article discusses Inside Mortgage Finance Publications and its services related to design, content management systems, hosting, and web development.
May 29, 2025 9:01 AM
— Mortgage Finance
Lenders, Borrowers Waiting for Interest Rates to Drop
The article discusses the latest trends in the mortgage market, including changes in interest rates and lending practices. It provides insights into how these factors are impacting both borrowers and lenders.
May 29, 2025 9:01 AM
— Housing Market
AI Hedging, Application, Processing Tools; Builder/Lender M&A; Freddie-Fannie Saga Continues
There is uncertainty surrounding the potential privatization of Freddie Mac and Fannie Mae, with differing opinions and potential plans coming from government officials. Additionally, there are discussions on retirement, tech solutions for lenders, and mergers and acquisitions in the industry.
May 29, 2025 9:00 AM
— Mortgage Lending
US Mortgage Rates Rise for a Third Time While Sticking Below 7%
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May 29, 2025 9:00 AM
— Mortgage Rates
Mortgage rates inch higher as US home sellers outnumber buyers
US mortgage rates have slightly increased for another week, with the 30-year fixed rate mortgage at 6.89% and the 15-year at 6.03%. The high rates are making it difficult for homebuyers to enter the market, leading to weaker home sales. Supply is outpacing demand in the housing market, which is expected to bring home prices down by about 1% this year.
May 29, 2025 9:00 AM
— Mortgage Rates
Mortgage rates spend another week stuck near 7%
Mortgage rates rose slightly this week as Treasury yields moved higher, with the average 30-year rate at 6.89% and the 15-year rate at 6.03%. Despite rates being lower than a year ago, prospective buyers are struggling to find affordable options, impacting home contract signings. Mortgage applications to purchase a home improved 3%, while refinancing applications dropped 7%.
May 29, 2025 8:00 AM
— Bond Markets
Overnight Trading Makes No Guarantees
Overnight trading initially reacted to news of a U.S. trade court blocking Trump tariffs, but the markets quickly reversed course the following morning. Bond traders do not believe the court ruling will have a lasting impact on tariff policy. Economic data released in the morning also contributed to the reversal, with weaker claims and GDP numbers.
May 29, 2025 8:00 AM
— Mortgage Rates
Housing contract activity dropped sharply in April as volatility and high rates reigned
Home contract signings in April fell 6.3% due to high mortgage rates and tariff uncertainty. Pending contracts were down 2.5% year over year nationwide, with decreases in all regions except the Midwest. Housing inventory has increased, but prices remain high and mortgage rates are above 6%, making the market unaffordable for many. Lower mortgage rates are needed to boost homebuyers back into the m... more
May 29, 2025 7:02 AM
— Mortgage Lenders
Simple Loan Payment Calculator
The article provides information on how to calculate monthly loan payments, understand the impact of loan term and interest rates, and compare different loan options. It also offers tips on saving money through refinancing or paying off loans early, as well as information on factors affecting loan rates such as credit scores. Additionally, the article includes links to further resources on persona... more
May 29, 2025 7:01 AM
— Bond Markets
Minimal Movement Amid Absence of Data
The bond market had a fairly uneventful session, with the 5yr Treasury auction resulting in little change. Traders sold off before the auction and bought back in afterwards. The Federal Reserve Minutes did not have much impact on market volatility. Economic data in the coming days may influence market movement, along with month-end trading potentially causing significant swings for unknown reasons... more
May 29, 2025 7:00 AM
— Mortgage Lenders
US Pending Home Sales Drop by Most Since 2022 on Mortgage Rates
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May 29, 2025 5:00 AM
— Mortgage Lenders
What Trump's latest GSE comments could mean for mortgages
Experts are discussing the future of mortgage rates and guarantee fees in light of mixed messaging from the Trump administration regarding the future of Fannie Mae and Freddie Mac. President Trump mentioned the government retaining guarantees and an oversight role over the mortgage giants while pursuing a public offering. Additionally, there are discussions on restructuring the government-sponsore... more
May 29, 2025 3:00 AM
— Mortgage Lending
High Mortgage Rates Are Not Killing the Dream of Homeownership for One Generation
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May 28, 2025 3:00 PM
— Interest Rates
Tariff fears drive April auto, mortgage borrowing
Consumers are turning towards big-ticket items due to anticipated impact of tariffs, but overall borrowing levels show a more discerning attitude towards borrowing. The interest rate environment is leading to higher refinance mortgage volume than previously expected for 2025 and 2026. Trump announced that the US government will retain guarantees and oversight over Fannie Mae and Freddie Mac while ... more
May 28, 2025 1:01 PM
— Interest Rates
Mortgage Rates Hold Mostly Steady
Mortgage rates slightly decreased today after rising slightly at the start of the week. Top tier conventional 30yr fixed rates are just under 7% for the average lender. The rates spent 3 days above that mark last week. Today's fluctuation in rates was attributed to traders preparing for an auction of 5yr Treasuries, causing some minor headwinds in the rate market.
May 28, 2025 11:00 AM
— Mortgage Rates
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage rates increased to the highest level since January, but homebuyers were still applying for loans. Purchase applications rose by 2%, while applications to refinance fell by 7% for the week. Mortgage rates slightly dropped at the start of the week after a report on consumer confidence.
May 28, 2025 10:02 AM
— Mortgage Fraud
Fannie Mae partners with Palantir to weed out fraud
Fannie Mae, an influential government-related mortgage investor, is partnering with Palantir, a company involved in artificial intelligence for financial services to fight against fraud. Despite interest rate volatility, prepayment rates have increased to levels last seen in October.
May 28, 2025 10:00 AM
— Bond Markets
Hesitation Ahead of Treasury Auction and Month-End
Bonds started the week positively but are now facing resistance, highlighting the need for a strong catalyst for sustained improvement. Possible factors include weak economic data, low inflation, or reduced Treasury issuance. Today, bonds are pausing ahead of a 5yr Treasury auction, with risk parity trading affecting both stocks and bonds.
May 28, 2025 9:00 AM
— Housing Market
MBS Pooling, CRM, Processing Tools; Second, HELOC, ITIN, Jumbo Product News; Builder CEO Survey
The mortgage industry continues to talk about the influence and market share of Freddie Mac and Fannie Mae moving towards non-QM investors. Market conditions are tough, but optimism remains for the new-home market. Various companies are introducing new products and services to streamline the lending process and provide more flexibility to borrowers.
May 28, 2025 9:00 AM
— Mortgage Finance
Short Takes: FHFA to Take Action on Credit Report Costs / Purchase-Mortgage Applications Increase Despite Headwinds / MISMO Model Backward Compatible / Prepayment Rates on Non-QMs Increase
The article discusses recent trends in the housing market, focusing on how low mortgage rates are driving a surge in home buying and refinancing. The author highlights the impact of these low rates on consumer behavior and the overall growth of the real estate market.
May 28, 2025 5:00 AM
— Mortgage Access
US Home-Refinancing Gauge Falls to Three-Month Low as Rates Near 7%
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May 28, 2025 5:00 AM
— Mortgage Lenders
European homeowners face rising mortgage costs until 2030
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May 28, 2025 4:00 AM
— Mortgage Rates
Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here's why.
Mortgage rates rose for the third straight week to the highest level since January, with an increase in applications to purchase a home but a decrease in applications to refinance. The increase in purchase applications is attributed to increased housing inventory in many markets.
May 28, 2025 3:02 AM
— Housing Market
What it means to be house poor and how to avoid it
The article discusses the concept of being 'house poor,' which refers to spending too much of your income on housing costs, leaving little money for other expenses. It provides warning signs of being house poor and tips for avoiding or recovering from this situation, such as careful planning, conservative budgeting, avoiding unnecessary home expenses, and maintaining a healthy debt-to-income ratio... more
May 28, 2025 3:00 AM
— Mortgage Rates
Mortgage rates keep climbing, but so does homebuyer demand
Mortgage rates have risen over the Memorial Day weekend, prompting calls for benchmark rate cuts. Despite the increase, home purchase demand is stronger compared to a year ago.
May 28, 2025 3:00 AM
— Housing Market
Portland, Ore., Has Worst Housing Crisis Outlook — Here’s Why
The article discusses the housing crisis outlook in different U.S. metros, highlighting the challenges faced by prospective first-time homebuyers. The Pacific Northwest has some of the worst outlooks, while Southern metros are more favorable. Factors like vacancy rates, housing unit approvals, and home value-to-income ratios were analyzed to determine the outlook in various areas.
May 28, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 28, 2025: Moving lower among the most popular loan terms
Mortgage interest rates are currently lower across popular loan terms. The article discusses the average interest rates for different mortgage options such as 30-year fixed, 20-year fixed, 15-year fixed, and ARM loans. It also explains the pros and cons of different mortgage types like fixed-rate mortgages and adjustable-rate mortgages. Additionally, refinancing options are mentioned along with ti... more
May 28, 2025 2:30 AM
— Mortgage Finance
Denial Rates for Mortgages Decline in 2024 (IC)
In 2024, 9.02% of purchase-mortgage applications were denied, which is a slight improvement from the previous year's denial rate of 9.49% according to analysis of HMDA data.
May 28, 2025 2:00 AM
— Housing Market
‘We’re in a holding pattern’: Home sales and building slump in the face of uncertainty
The housing market in the US is facing sluggish home sales, plodding construction, high mortgage rates, and economic uncertainty. Home prices are soaring, and construction has slowed down. Builders are struggling with pricing uncertainties due to tariffs on Canadian lumber. Many buyers are unable to afford homes due to rising prices and high mortgage rates, resulting in pent-up demand. Despite thi... more
May 28, 2025 2:00 AM
— Mortgage Lending
Monetary policy transmission: from mortgage rates to consumption
Despite recent ECB rate cuts, the average interest rate on mortgages is expected to increase further due to lagged effects from the latest hiking cycle. The uneven distribution of fixed-rate mortgages (FRMs) and adjustable-rate mortgages (ARMs) in the euro area, as well as across income groups, will shape the path of interest payments until at least 2030. Lower-income households tend to have more ... more
May 27, 2025 4:00 PM
— Housing Market
Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee
President Trump is considering releasing Fannie Mae and Freddie Mac from government conservatorship and taking them public. There are concerns about the complexity and potential costs of this decision. It is also noted that Fannie Mae will prioritize occupancy fraud detection for multifamily properties.
May 27, 2025 3:01 PM
— Bond Markets
Bonds Finally Seeing Some Support
Japanese bonds, weak labor market data, and re-positioning after a holiday weekend contributed to bonds hitting their best 3pm close in 2 weeks. The heavy selling in May and recovery from high yields suggests a short-term ceiling until further notice. The upcoming week's data will provide more information on momentum shifts.
May 27, 2025 2:01 PM
— Mortgage Rates
Mortgage Rates Move Back Under 7%
30yr fixed mortgage rates spent 3 consecutive days over 7% last week, marking the first time since February. Rates have been more volatile and elevated in the past 7 weeks compared to the narrow range in March. Today's improvement was influenced by bond market movements and a stronger than expected Consumer Confidence Index, which raised concerns over the labor market.
May 27, 2025 1:00 PM
— Interest Rates
US housing finance chief tells Powell to lower interest rates
FHFA Director William Pulte urged Federal Reserve Chair Jerome Powell to resume interest rate cuts to improve the housing market and combat inflation caused by trade wars and tariffs. The Fed paused rate cuts in response to post-pandemic inflation and economic uncertainty from trade policies, leading to consumer financing becoming more expensive, including mortgage rates remaining around 7 percent... more
May 27, 2025 9:02 AM
— Mortgage Finance
Denial Rates for Mortgages Decline in 2024
The article discusses the current trends in the housing market, including an increase in mortgage rates and a slowdown in home sales. It also mentions the impact of rising interest rates on affordability for potential home buyers.
May 27, 2025 9:00 AM
— Bond Markets
Japan? Something Else? Does it Matter?
Last week's headlines raised concerns about volatility in the Japanese bond market affecting US yields, but today's correction in Japanese yields has led to strength in Treasuries. The movement in Treasuries is not significant compared to recent trends. Overall, the larger movements in Japanese government bonds have shown no correlation with Treasuries. The impact of Japan on US yields should be t... more
May 27, 2025 8:00 AM
— Mortgage Lenders
Servicing, MERS Review, Broker Training; Disaster News; Bill Dallas Podcast Interview
The current Administration has been quick to terminate employees in various government departments, including the Agencies. The Supreme Court upheld the President's power to fire government agency members without good cause but spared the Federal Reserve. In other legal news, a Hawaiian woman pleaded guilty to defrauding her mortgage lender and the IRS.
May 27, 2025 3:01 AM
— Mortgage Lenders
Guild Mortgage, Bayview Asset explore servicing M&A
Publicly traded lender Guild Mortgage, Bayview Asset Management, and a servicing-related affiliate are in talks about a potential deal. Mortgage servicing rights owners are facing additional stress due to the shrinking size of typical bulk MSR deals trading. Guild Mortgage reported a net loss in the January-March period. Fitch predicts that large nonbank lenders are positioned to gain share in the... more
May 27, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 27, 2025: Mostly unchanged following the holiday weekend
The article discusses that mortgage interest rates remained mostly unchanged today. It provides information on the current mortgage rates, the difference between 15-year and 30-year mortgages, refinancing rates, adjustable-rate mortgages, future mortgage rate predictions through 2025, and factors to consider when refinancing. It concludes by discussing the anticipated decrease in mortgage rates by... more
May 26, 2025 7:00 PM
— Interest Rates
FHFA Director Pulte calls on Powell to lower interest rates
FHFA Director Bill Pulte has called on Federal Reserve Chairman Jerome Powell to lower interest rates to improve the housing market. This comes after the Supreme Court ruled that Trump cannot fire the head of the Federal Reserve. The housing market, white house, and treasury secretary are all pushing for lower rates.
May 26, 2025 1:00 PM
— Interest Rates
What Moody's Cutting U.S. Credit Rating Means For You
Moody's Corp. lowered America's sovereign debt rating to Aa1 due to factors such as high debt, rising interest costs, looming tax cuts, and political gridlock. This downgrade could lead to higher borrowing costs, as seen with increased Treasury yields and a rise in average 30-year fixed mortgage rates. The downgrade also impacted bond prices, stock markets, and raised fears of de-dollarization. Wh... more
May 26, 2025 1:00 PM
— Mortgage Lending
‘It’s time to pay the fiddler’: As chill sets in on Florida’s once-hot housing market, sellers are now getting squeezed — but here’s why it’s no buyer’s paradise either
The article discusses how a website is using a security service to protect itself from online attacks, and explains that certain actions could trigger a block, such as submitting a certain word or phrase, a SQL command, or malformed data. It advises users to email the site owner with details if they believe they were wrongly blocked.
May 26, 2025 12:00 PM
— Mortgage Rates
Mortgage rates are battling a weak economy and persistent inflation, and inflation may be winning
The article discusses the importance of asking the right questions before signing a mortgage, particularly related to credit scores. It also touches on the sustainability of mortgage rates at 7% and the benefits of life insurance for financial security.
May 26, 2025 6:01 AM
— Housing Market
How President Trump can monetize the GSEs
During the MBA Secondary & Capital Markets event, FHFA Director Bill Pulte mentioned that he believed valuations for Fannie Mae and Freddie Mac were too low and releasing the GSEs from conservatorship is a decision for the President of the United States.
May 26, 2025 3:04 AM
— Mortgage Finance
Bayview Approaches Guild, Takes Large Stake in Lender
The article discusses the latest trends and developments in the mortgage industry as of 2025.
May 26, 2025 3:00 AM
— Housing Market
Home Sale Cancellations Surge to Near Record Highs
In April, one in seven home sales fell through, marking a high rate of cancellations due to high mortgage rates and economic uncertainty. Many homes are sitting idle on the market as buyers struggle to afford purchases or are cautious in the unpredictable economy. Mortgage rates are at 6.73%, more than double the pandemic record low, and are expected to remain high in the coming years. Cancelation... more
May 26, 2025 3:00 AM
— Housing Market
Mortgage rates survive budget bond scare, but end the week higher
Last week saw some fluctuations in mortgage rates and bond yields due to concerns over the national debt, but rates ended lower after President Trump's tweets caused a stock market sell-off. Mortgage rates increased slightly, but mortgage spreads have been improving since 2023. Purchase application data for 2025 has been positive, and pending home sales remain steady despite elevated rates. Housin... more
May 26, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 26, 2025: Slight changes as bond market on holiday
The article discusses the current mortgage interest rates for Memorial Day 2025, noting that the 30-year fixed mortgage rate fell slightly while the 15-year fixed interest rate increased. It also mentions how rates are affected by the bond market's closure during the holiday weekend and how concerns about tariffs and national debt influence bond yields.
May 26, 2025 1:00 AM
— Housing Market
Housing may soon flash a recession warning as investment cracks under the weight of high rates
Analysts are warning of a potential recession as housing activity is set to contract in the second quarter after only weak advancement in the first quarter. The rise in longer-term Treasury yields and mortgage rates around 7% are expected to weigh on residential investment and the broader economy. Data shows a decline in permits for single-family home construction, an increase in home supply, and ... more
May 25, 2025 2:00 PM
— Mortgage Rates
Home sales slowest in over a dozen years
Sales of previously owned U.S. homes fell in April due to elevated mortgage rates and rising prices, marking the slowest sales pace for the month of April since 2009. Home prices continued to increase, reaching an all-time high. The average rate on a 30-year mortgage remains high, freezing out potential homebuyers. However, there is a higher inventory of unsold homes on the market compared to rece... more
May 25, 2025 1:00 PM
— Interest Rates
Best high-yield savings interest rates today, May 25, 2025 (best accounts offering 4.44% APY)
The Federal Reserve cut its target rate three times in late 2024, leading to a decrease in savings interest rates. The national average savings rate is currently 0.42%, with the highest rate available being 4.44% APY. The article discusses how the amount of interest earned on savings depends on the APY and the compounding frequency. It also provides information on high-yield savings accounts, CD r... more
May 25, 2025 5:00 AM
— Interest Rates
30-Year & 20-Year Treasury Yields Back over 5%, 10-Year over 4.5%, Yield Curve Steepens at Long End, Mortgage Rates Back over 7%
The article discusses the rise in Treasury yields, the impact on bond prices, the current mortgage rates, and the factors affecting the bond market. It highlights the increase in 30-year fixed mortgage rates above 7% for the last few days and how these rates have fluctuated over the years. It also touches on the concerns around rising inflation, the actions of the Fed, and the growing deficit, all... more
May 25, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 24, 2025: A surprise move downward
Mortgage rates are slightly lower today after rising for three days. The average 30-year fixed rate is 6.94% while the 15-year fixed rate is 6.09%. Refinancing rates are higher than rates for buying a house. 30-year fixed rate mortgage has lower payments but higher interest costs in the long term, while the 15-year fixed rate has higher monthly payments but lower interest costs over the life of th... more
May 25, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 25, 2025: Rates remain volatile in light of mixed economic news
The article discusses how mortgage rates are mixed today, with the 30-year fixed rate at 6.91% and the 15-year fixed rate at 6.10%. It emphasizes the importance of having a target home loan interest rate in mind when buying a home, as well as the significance of balancing interest rates with lender fees to find the best overall loan package for the long term. The article also provides information ... more
May 24, 2025 4:00 AM
— Housing Market
No Major Change For Existing Home Sales
Existing home sales were at the highest levels in a year two months ago but have since declined to 5-month lows. The latest data shows a slight decrease to 6-month lows, with some regions seeing a decrease in sales while others remained unchanged or increased. Overall, housing inventory has increased, median prices have gone up, and the time on the market has decreased compared to the previous mon... more
May 24, 2025 3:03 AM
— Mortgage Finance
Nonbank Mortgage Banking Income Crumbles in 1Q25
The article discusses various aspects of mortgage lending and the housing market.
May 24, 2025 3:03 AM
— Mortgage Finance
Trump Says He Might End Conservatorship; Now What?
The article discusses the latest trends in the mortgage market. It mentions how mortgage rates have been fluctuating and how they are impacting the housing market. It also touches on the role of mortgage lenders in the current market conditions.
May 24, 2025 3:01 AM
— Bond Markets
A Little Early Excitement
Bonds initially reacted to Trump comments on raising EU tariffs, causing movements in the market. However, by the end of the day, stocks and bonds were moving back in the opposite direction, ending with modest gains. The day concluded with slightly weaker levels compared to the past 3 months.
May 24, 2025 3:01 AM
— Mortgage Rates
Mortgage Demand Impacted by Rising Rates
Mortgage rates rose to their highest levels since February last week, leading to a slowdown in both purchase and refinance applications. Despite the increase in rates, purchase applications are up 13 percent from the previous year. The Mortgage Bankers Association's surveyed rates also showed increases in various loan types.
May 24, 2025 3:01 AM
— Housing Market
New Home Sales at 3 Year High, Maybe...
The Census Bureau reported that New Home Sales for April exceeded expectations at 743k, marking one of the best months in the past 3 years. Sales are good or better than pre-pandemic levels. However, last month's numbers were revised lower, prompting caution for future assessments.
May 24, 2025 3:01 AM
— Mortgage Lending
What’s in the 2025 House Republican Tax Bill?
The article discusses the process of verifying human identity which can take a few seconds.
May 24, 2025 3:00 AM
— Mortgage Lending
Trump floats bringing Fannie Mae and Freddie Mac public. Here's what it could mean to homebuyers and investors.
President Trump has expressed interest in taking home lenders Fannie Mae and Freddie Mac public, which would end 17 years of federal control over the housing market. This move is supported by Bill Ackman and could benefit investors who hold shares in the firms. Critics argue that it could be risky and disrupt the mortgage market. The potential release of Fannie and Freddie from conservatorship has... more
May 23, 2025 1:00 PM
— Mortgage Finance
Trump Urged to be Deliberate With GSE Reform Effort
The article discusses recent developments in the mortgage market, including changes in interest rates and lender activity. It also mentions the impact of economic factors on the housing market.
May 23, 2025 12:02 PM
— Mortgage Lending
25 Passive Income Ideas To Make Extra Money In 2025
The article discusses the concept of passive income as a way to generate extra cash flow. Passive income sources include rental properties, businesses, e-books, selling photography, creating apps, and starting a blog or YouTube channel. It highlights the opportunities and risks associated with each passive income method.
May 23, 2025 11:00 AM
— Mortgage Lenders
Servicing With AI, Borrower Portal, 2nd Lien Products; Bill Pulte, Freddie, and Fannie News
The article discusses recent news about FHFA Director Bill Pulte and the implications of releasing Freddie Mac and Fannie Mae from conservatorship. It also mentions regulatory uncertainty, innovative financial products for homebuyers, and technology advancements in the mortgage industry.
May 23, 2025 10:01 AM
— Mortgage Rates
Mortgage Rates Lower Again Today, But Still Higher on The Week
The bond market closed 3 hours earlier than usual, limiting potential intraday rate changes in the mortgage market. Overnight, there was a slight improvement in rates, but they remained above 7%. While 7% rates are not new, they haven't been seen regularly in the past few months.
May 23, 2025 9:00 AM
— Mortgage Finance
Higher-Priced Lending Increases Somewhat in 2024
The article discusses the latest trends in the mortgage industry. It covers topics such as interest rates, mortgage rates, and housing market conditions.
May 23, 2025 9:00 AM
— Housing Market
New home sales unexpectedly surge despite high mortgage rates as builders lower prices
Sales of new US single-family homes surged in April, with a 10.9% increase, but February and March data was revised downward. Despite the surge, economists believe housing activity is weakening due to high mortgage rates and a slowing labor market. Prices have been lowered to attract buyers, with the median new house price dropping 2.0% to $407,200 in April. Mortgage rates have been rising, hittin... more
May 23, 2025 8:01 AM
— Trade Deal Impact on Mortgage Rates
Wait... So Tariffs Are Good or Bad For Bonds Now?
The article discusses Trump's recommendation of a 50% tariff on the EU, which caused a risk-off trade with stock and bond yields dropping. Despite some confusion regarding the impact of tariffs on bonds in the past, the reaction function has returned to a stance where higher tariffs are good for bonds and bad for stocks.
May 23, 2025 7:01 AM
— Mortgage Rates
Mortgage rates keep rising, influenced by DC developments
The 30-year fixed rate mortgage increased slightly but remains under 7%. Mortgage delinquencies rose in March. Economic news, political developments, and the FOMC meeting caused fluctuations in rates but ultimately they remained steady.
May 23, 2025 6:00 AM
— Mortgage Lenders
How US Mortgage Rates Change if Trump Takes Fannie Mae, Freddie Mac Public
President Donald Trump's plan to privatize mortgage giants Fannie Mae and Freddie Mac is seen as potentially increasing U.S. homeowners' monthly payments and disrupting the fragile housing market. Experts fear that privatization could lead to higher mortgage rates, impacting aspiring homebuyers and homeowners. While some see privatization as a way to inject much-needed cash into the government, ot... more
May 23, 2025 3:02 AM
— Mortgage Finance
MBS Values Under Pressure as U.S. Debt Fears Mount
The article discusses the latest trends and insights in the mortgage industry, focusing on market analysis and forecasts for the upcoming year. It covers topics such as mortgage rates, housing market conditions, and the impact of economic factors on mortgage lending.
May 23, 2025 3:01 AM
— Home Insurance Market
California Approves 17% Rate Hike for State Farm Homeowners Insurance
State Farm in California has been approved to raise homeowners insurance premiums by 17%, renters and condo insurance by 15%, and rental owners policies by 38%. The decision was made to stabilize State Farm's financial condition and help cover the costs of wildfires in the state. The rates will go into effect on renewals starting June 1. Although the increase was approved on an emergency, interim ... more
May 23, 2025 3:01 AM
— Housing Market
Home sales cancelled at near-record pace in April
Home sales transactions were cancelled at a near-record rate in April, likely due to uncertainty fueled by President Trump's tariff announcement. Pending sales of previously owned US homes fell last month by the most since 2022, attributed to high asking prices and borrowing costs. However, pending sales rose in March thanks to a dip in mortgage rates. Price cutting by home sellers in March was at... more
May 22, 2025 2:02 PM
— Bond Markets
Slightly Stronger Because Not Every Day Can be Weaker
Bond yields have been trending higher in May but experienced gains due to sellers taking a break. The gains were not driven by data or fiscal news, but possibly due to position-squaring before a holiday weekend. 10yr bond yields were down slightly in MBS.
May 22, 2025 2:02 PM
— Housing Market
April home sales slow with high mortgage rates, prices, putting chill into spring buying season
Sales of previously owned U.S. homes dropped in April due to elevated mortgage rates and rising prices, marking the slowest pace since 2009. Home prices continued to rise, reaching an all-time high in April. Affordability concerns due to higher mortgage rates have impacted the market, freezing out potential buyers. However, there has been an increase in home inventory, attracting more first-time b... more
May 22, 2025 1:00 PM
— Mortgage Rates
Mortgage rates are on the rise. Is Trump's 'big, beautiful bill' to blame?
Mortgage rates have increased this week, with a 30-year fixed-rate mortgage now above 7%. This increase is attributed to a weaker market for U.S. Treasury bonds, concerns about spending in President Trump's bill, and inflation fears. Despite the rise in rates, Freddie Mac still sees stable rates and an increase in homebuying activity.
May 22, 2025 1:00 PM
— Mortgage Rates
A head turning six-month mortgage rate, but with a catch
This week, the lowest mortgage rates include a world-leading offer at 1.99%. True North Mortgage is offering a 1.99% rate on a six-month insured fixed mortgage, with the condition of renewing with them at a premium or paying a fee. Real estate investors are eager for such low rates, especially in struggling markets like Toronto. However, factors like bond yields, core inflation, and price expectat... more
May 22, 2025 12:02 PM
— Housing Market
State Farm's added California rate hike request gets pushback
State Farm is seeking a higher homeowners rate increase in California. Pending sales of previously owned US homes increased in March due to a brief dip in mortgage rates and rising supply of houses. Mortgage delinquency rates improved overall but the share of borrowers late by 90 days or more increased due to deteriorating FHA credit quality. The average 30-year fixed rate mortgage rose this week,... more
May 22, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Edge Down From Recent Highs, But Remain Over 7%
Mortgage rates reached their highest level in over 3 months due to concerns about the impact of the spending bill on Treasury issuance and fiscal spending. Despite the bill passing the House, the Senate's delay in getting it to the President's desk allowed markets to pause and reflect. Some investors find yields on US Treasuries increasingly appealing, which could put downward pressure on rates as... more
May 22, 2025 12:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
The average rate on a 30-year mortgage in the U.S. rose to 6.86%, the highest since mid-February, which could slow down home sales in the spring buying season. Factors influencing mortgage rates include global demand for U.S. Treasuries, Federal Reserve's interest rate decisions, and bond market investors' expectations. The recent rise in rates is due to moves in the 10-year Treasury yield, causin... more
May 22, 2025 11:00 AM
— Interest Rates
Mortgage rates rise as Trump floats taking Fannie and Freddie public
Rates for 30-year fixed-rate mortgages increased slightly to 6.86% in the week ending May 22. Concerns about fiscal policy proposals and the potential public offering of Fannie Mae and Freddie Mac are contributing to an uncertain rate environment, impacting the housing market.
May 22, 2025 11:00 AM
— Mortgage Lending
Mortgage Interest Rates Today: Mortgage Rates Spike After U.S. Loses Its Top Credit Rating
The article discusses how a request for mortgage information could not be processed and directs the reader to contact unblockrequest@realtor.com for further assistance.
May 22, 2025 11:00 AM
— Mortgage Rates
Mortgage rates rise to highest level since mid-February
Mortgage rates have increased to the highest level since mid-February, with the average rate on the benchmark 30-year fixed mortgage rising. Home sales slipped last month, signaling a weak start to the spring selling season. The increase in mortgage rates is attributed to the rise in the yield on the benchmark 10-year U.S. Treasury note due to concerns about the nation's fiscal outlook after Moody... more
May 22, 2025 10:00 AM
— Mortgage Rates
Mortgage rates climb to highest level in more than three months amid bond market unrest
Mortgage rates are rising back towards 7%, reaching the highest level since mid-February. The increase is due to growing concern about the national debt, which has impacted home borrowing rates as they track the 10-year Treasury yield. These elevated rates, combined with increasing home prices, have slowed down the spring home buying season. However, national home prices continue to rise, reaching... more
May 22, 2025 9:00 AM
— Mortgage Finance
House Passes Massive Tax Bill With Housing Provisions
The article discusses the latest trends and developments in the mortgage industry as of 2025.
May 22, 2025 9:00 AM
— Mortgage Lending
Non-QM, QC Trends, Past Borrower Mining Tools; House Passes Spending Bill; Webinars Through Month-End
The article discusses the impact of the 'Sell America' trade in financial markets on rates and borrowers, highlighting concerns over rising government debt and interest payments in the U.S. The IMF lowered its US growth forecast due to trade tensions, and political decisions are influencing lending practices. The article also mentions the importance of reducing tech costs for mortgage lenders thro... more
May 22, 2025 9:00 AM
— Online Mortgage Technology
Mortgage Rates in US Rise for Second Week, Climbing to 6.86%
The article is about verifying whether the reader is a robot by clicking on a box. It also mentions the importance of having a browser that supports JavaScript and cookies to access certain content.
May 22, 2025 7:00 AM
— Bond Markets
Conspicuous Absence of Volatility After Data and Spending Bill Vote
The passage of the spending bill in the House led to only a modest extension of losses in stocks and bonds, as they had already been pricing it in throughout the week. Yields recovered into positive territory before the morning economic data release and have not changed much since then. Overall, there was surprisingly low volatility considering the news and lack of economic data for the week.
May 22, 2025 6:01 AM
— Mortgage Rates
The bond market is breaking. Washington just made it worse
The U.S. bond market is experiencing a significant sell-off, leading to long-term Treasury yields spiking to their highest levels in decades. This has caused mortgage rates to climb, stock markets to drop, and a shift in safe-haven assets like gold and Bitcoin. The sell-off is due to a supply-demand imbalance in Treasuries and a Trump-backed tax bill. Mortgage rates have surged to 7.08%, making ho... more
May 22, 2025 5:00 AM
— Mortgage Rates
Mortgage rates will go below 6% next year, Fannie says
Fannie Mae is predicting mortgage rates to fall below 6% by the second quarter of 2026. The interest rate environment is expected to result in higher refinance mortgage volume in 2025 and 2026. The top five lenders have had a high mortgage origination volume, and there have been discussions around GSE reform and tax bill debates affecting yields on the 10-year Treasury.
May 22, 2025 3:02 AM
— Tax Deduction on Auto Loan Interest
Who Benefits From The Potential Auto Tax Deduction?
There is a proposal to introduce a tax deduction on auto loan interest paid toward American-made cars, with estimates suggesting that the average car owner could save $400 annually. However, experts are skeptical about the deduction's impact on consumer choice and the broader goal of increasing vehicle sales in the U.S.
May 22, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 22, 2025: Sharply higher on national debt concerns
Mortgage interest rates experienced a significant increase, with the average 30-year fixed rate rising to 6.93%. The 15-year fixed rate remained stable. Bond yields have also surged, suggesting higher mortgage rates. Various factors impact mortgage rates, such as the economy, which determines whether rates increase or decrease. Two common mortgage terms are discussed: the 30-year mortgage with low... more
May 21, 2025 9:00 PM
— Mortgage Rates
Trump Floats ‘Very Serious’ Plan That Could Hike Mortgage Rates
President Donald Trump is considering bringing Fannie Mae and Freddie Mac public, two government-sponsored enterprises that back around 70% of the U.S. mortgage market. The idea of privatizing them has been discussed before, but concerns about potential consequences, like increasing mortgage rates, have been raised.
May 21, 2025 7:00 PM
— Mortgage Lenders
Trump floats taking Fannie Mae and Freddie Mac public as deficit fears grow
The article discusses a special introductory offer for a subscription service that provides unlimited access and possibilities. There are two options available - a monthly subscription for $1 for the first month, renewing at $12.95 per month, and an annual subscription for $49, saving $100, renewing at $149 per year. Subscribers get access to various benefits, including going ad-free.
May 21, 2025 7:00 PM
— Mortgage Lending
Trump ‘giving very serious consideration’ to spinning off mortgage giants Fannie and Freddie
President Donald Trump is considering privatizing Fannie Mae and Freddie Mac, government-sponsored entities that play a crucial role in the home mortgage market. Some experts warn that privatization could lead to higher mortgage rates and make it more expensive for Americans to borrow money to purchase a home. Trump's attempt to privatize Fannie and Freddie in 2019 was unsuccessful. Privatizing co... more
May 21, 2025 6:01 PM
— Housing Market
Trump considers taking mortgage giants Fannie Mae and Freddie Mac public
President Donald Trump is considering bringing government-sponsored mortgage giants Fannie Mae and Freddie Mac public, a move that would have a significant impact on the housing market. The government currently controls Fannie Mae and Freddie Mac, but privatizing them could potentially lead to higher mortgage rates if not done carefully.
May 21, 2025 3:01 PM
— Bond Markets
Treasury Auction Blamed as Bond Vigilantes' Smoking Gun
The bond market experienced some volatility due to the 20-year auction, resulting in selling in both stocks and bonds. However, the auction was not as significant as the market reaction suggested.
May 21, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Move Up to 3 Month Highs
Mortgage rates started the day at 7.05%, worsened throughout the day due to weak bond market performance after a 20yr Treasury bond auction with lower demand than expected. Updates on the budget debate in congress also contributed to negative sentiment. As a result, mortgage rates increased to 7.08%, the highest closing level in over 3 months.
May 21, 2025 12:01 PM
— Mortgage Lenders
‘Marry the house, date the rate’: Smart strategy or outdated advice?
As mortgage rates rise, the housing industry is encouraging buyers to focus on finding a house they love and commit to it, while being flexible with mortgage rates. Refinancing is seen as a way to 'break up' with the old mortgage in favor of a better one in the future.
May 21, 2025 12:00 PM
— Housing Market
Study: Top vacation spots where short-term rental prices jump the most in the high season
The article discusses the rise in popularity of short-term rentals in tourist hotspots during peak seasons, leading to significant price increases in vacation rentals. These price spikes are often driven by major events like the Masters golf tournament. The pandemic and economic concerns are prompting more travelers to consider alternative, less expensive vacation destinations. Both Gen Zers and f... more
May 21, 2025 8:01 AM
— Bond Markets
Nothing For Bonds to Trade But Fiscal Disillusionment
Despite a lack of relevant economic data and the impending holiday weekend affecting participation and increasing potential volatility, bonds are feeling disillusioned with the fiscal outlook as congress debates spending. Yields have been in a short-term range since the US/China tariff pause but are now being pushed towards the top of that range due to fiscal disillusionment.
May 21, 2025 4:00 AM
— Mortgage Lenders
US Mortgage Rates Rise to Three-Month High, Slowing Home Demand
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May 21, 2025 4:00 AM
— Mortgage Rates
Mortgage demand drops after interest rates jump to the highest level since February
Mortgage rates increased last week leading to a 5.1% drop in mortgage applications according to the Mortgage Bankers Association. This rise in rates is attributed to concerns about inflation and increasing deficits and debt. Applications for both home purchases and refinances decreased, with homebuyers facing more listings but also higher interest rates.
May 21, 2025 3:01 AM
— Interest Rates
Majority of rates increase on U.S. debt downgrade - Current mortgage and refinance rates for May 20, 2025
Average mortgage rates have increased for 30-year fixed, 15-year fixed, and jumbo mortgages, while 5/1 ARM rates have fallen. The Federal Reserve decided to hold its benchmark rate steady, but there are indications that a rate cut may be imminent due to calming inflation. Experts predict that rates will remain within a narrow range for most of 2025, with a slight downward trend. Mortgage rates are... more
May 21, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 21, 2025: Rates ease lower even as Fed signals delay in rate cuts
The article discusses how mortgage interest rates moved, with some decreasing and one increasing. It also touches on different mortgage types, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages, as well as the advantages and disadvantages of each. Additionally, it mentions the factors that affect mortgage rates and offers advice on refinancing mortgages.
May 20, 2025 3:00 PM
— Mortgage Finance
Builder Buydowns (Including the Rate Variety) Distorting Home Values?
The article discusses updates in mortgage lending regulations and practices, emphasizing the importance of compliance in the industry.
May 20, 2025 3:00 PM
— Bond Markets
Ultimately Sort of Flat if You Use Your Imagination
Bonds were relatively flat today with 10yr yields up slightly. There was modest volatility in the morning due to budget headlines, but overall, the market is waiting for more significant news to impact bond yields.
May 20, 2025 2:00 PM
— Mortgage Rates
Mortgage Rates Hold Steady Near Recent Highs
Mortgage rates remained steady despite some market volatility, with lenders making positive adjustments to keep the average rate under 7% by the end of the day. Different lenders may have slightly different rates depending on when you look, but most should be close to their highest rate offering of the past month by the end of the day.
May 20, 2025 2:00 PM
— Interest Rates
What Moody's U.S. Credit Downgrade Means for Your Wallet
Moody's downgraded the U.S. credit rating due to an increase in government debt, which could lead to higher interest rates for consumers and an uptick in inflation. The federal debt is currently at $36.22 trillion and is expected to rise further with President Trump's proposed tax and spending bill. As a result of the downgrade, Treasury bond yields and mortgage rates have already started to incre... more
May 20, 2025 10:00 AM
— Mortgage Lending
Dimon slams mortgage regulations for pushing rates higher, hurting lower-income homebuyers
JPMorgan Chase CEO Jamie Dimon criticized financial regulators for not easing rules that are raising costs for borrowers buying a home. He mentioned that regulations make mortgages more expensive, especially for lower-income Americans. Dimon also expressed concerns about stagflation and the impact of tariffs on the economy.
May 20, 2025 9:02 AM
— Mortgage Lending
Automation Pilot; MBA Pooling, Marketing, Cyber Insurance, Processing Tools; MBA Open Door Auction
The article discusses trends in mortgage compensation, potential consolidation in the residential mortgage business, and projections for the mortgage market in terms of dollar volume and units. It also highlights various software, products, and services available to lenders to enhance their operations, as well as events and webinars related to mortgage lending.
May 20, 2025 9:00 AM
— Mortgage Finance
Pulte Tells MBA Meeting: FHFA Working to Reduce Costs at the GSEs
The article discusses various strategies for increasing credit scores in order to secure a better mortgage rate. It emphasizes the importance of timely payments, reducing debt, and monitoring credit reports for errors.
May 20, 2025 9:00 AM
— Mortgage Lenders
US Housing Market Warned of Mortgage Rate Hikes, Foreclosures
Extreme weather disasters are projected to cause a surge in foreclosures across the U.S. in the coming years, leading to significant financial losses for mortgage lenders. Global warming is making natural disasters more frequent and severe, especially in vulnerable states. Floods are identified as the leading climate driver of foreclosure risk. Historic data shows an increase in natural disasters ... more
May 20, 2025 7:00 AM
— Bond Markets
Budget Battle Hitting Bonds Amid Empty Calendar
The bond market is experiencing movement cues from sources other than economic data, such as corporate bond issuance and budget battle news. Bonds are protesting a lack of fiscal restraint and are concerned about potential higher Treasury issuance.
May 20, 2025 4:00 AM
— Interest Rates
What America's Latest Credit Downgrade Means For Mortgage Rates
Moody's downgrade of the U.S. sovereign credit rating is expected to result in higher borrowing costs on mortgages as yields on 10-year treasuries, which impact mortgage rates, are sensitive to credit downgrades. The average rate on a 30-year fixed mortgage has already been hovering around 7% this year.
May 20, 2025 3:01 AM
— Mortgage Lenders
Mortgage brokers say FHA changes, inventory are key hurdles
Mortgage brokers are tired of the focus on elevated interest rates, as they believe other factors like changes in policy at the Federal Housing Administration are impacting their business more. The Federal Housing Finance Agency chief discussed an alternate agency name and the impact of explicit guarantees for Fannie Mae and Freddie Mac on agency MBS. Foreclosure rates rose across all loan types a... more
May 20, 2025 3:01 AM
— Mortgage Lenders
Rocket, Mr. Cooper merger: HMDA data reveals market impact
Rocket Mortgage is acquiring Mr. Cooper in a deal that could potentially impact mortgage production. While Mr. Cooper's servicing strength may help Rocket compete with its rivals, the acquisition alone may not immediately change Rocket's ranking. Regulatory approvals are expected in 2025 for the acquisition. Other topics mentioned include the Consumer Financial Protection Bureau's rule rescission ... more
May 20, 2025 3:01 AM
— Mortgage Finance
April, An Exceedingly Strong Month for Ginnie Issuance
The article discusses the importance of understanding the current trends in the housing market in order to make informed decisions in regards to mortgage lending. It emphasizes the impact of various factors such as mortgage rates and bond markets on the overall health of the housing market.
May 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 20, 2025: Rates jump following Moody's U.S. debt downgrade
Mortgage interest rates have increased due to Moody's decision to downgrade the US credit rating, which led to a jump in Treasury yields. Refinance rates are typically higher than purchase rates, and a mortgage calculator can help determine monthly payments. While 15-year mortgage rates are lower than 30-year rates, monthly payments are higher. Economists do not expect significant mortgage rate dr... more
May 20, 2025 2:00 AM
— Interest Rates
China cuts key mortgage rate to spur property market. Is a rebound in sight?
China slashed a key reference rate for mortgage loans by 10 basis points in an effort to stabilize the property market, but analysts believe the cut may not be enough to revive the struggling sector. This action is part of broader efforts to revive China's real estate sector, which has been a persistent drag on the economy.
May 19, 2025 6:00 PM
— Interest Rates
China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
China cut its key lending rates by 10 basis points in an effort to boost its economy amidst easing trade tensions and a stronger yuan. This marked the first rate reduction since October. The rate cuts aim to lower key lending rates, with the 5-year LPR serving as a benchmark for mortgage rates. Further rate cuts are expected by the end of the year. The stimulus measures announced by Beijing includ... more
May 19, 2025 3:01 PM
— Mortgage Lenders
FHFA's Pulte defers to a higher authority on conservatorship
Bill Pulte, the director of the Federal Housing Finance Agency, has made significant changes during his tenure, from altering the boards of Fannie Mae and Freddie Mac to prioritizing fraud prevention initiatives. He has not provided any hints about the potential exit of Fannie Mae and Freddie Mac from conservatorship, leaving that decision to President Trump.
May 19, 2025 3:00 PM
— Mortgage Finance
Denial Rates on Conventional-Conforming Mortgages Steady
The article discusses the recent trends and updates in the mortgage industry.
May 19, 2025 3:00 PM
— Interest Rates
Mortgage rates climb back above 7% after Moody's U.S. debt downgrade
The average interest rate for a 30-year mortgage rose above 7% after Moody's downgraded the U.S. credit rating due to growing debt levels. Mortgage rates have remained high despite Fed rate cuts, tracking the 10-year Treasury bond. Market reactions to the downgrade caused stock and bond prices to fluctuate. Analysts expect limited market impact from the downgrade but anticipate elevated mortgage r... more
May 19, 2025 2:01 PM
— Bond Markets
(Un)Surprising Reversal After Initial Weakness
The market initially had a knee-jerk reaction to Moody's US credit rating downgrade, leading to sharp losses in stocks and bonds. However, the overall impact was limited as other rating agencies had already downgraded the US credit rating. Bonds ended the day weaker compared to the previous week but stronger compared to immediately after the Moody's news.
May 19, 2025 2:00 PM
— Interest Rates
High-Yield Savings Rates Today: May 19, 2025 | Top Rate Remains At 4.40% APY
The article discusses how the U.S. stock market is recovering from losses, with inflation rates slightly lower than anticipated. It highlights the importance of high-yield savings accounts offering APYs above 4 percent to combat inflation. The Federal Reserve's unchanged interest rates have helped keep savings account yields high, with some accounts offering APYs of 5 percent or higher. Savers are... more
May 19, 2025 2:00 PM
— N/A
How Tariffs Are Driving Up Mortgage Rates | Business Insider
The article is repetitive and does not provide any specific information.
May 19, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Briefly Over 7% Before Mid-Day Improvement
Mortgage rates increased sharply over the weekend due to Moody's credit rating downgrade of the U.S., causing bond market weakness and higher mortgage rates. Most lenders set their rates between 9am-10am ET, resulting in rates over 7% for the first time in months. However, rates began to decrease later in the day, returning closer to the previous week's range.
May 19, 2025 11:01 AM
— Interest Rates
Lenders feel better, not exuberant, about housing market
The Mortgage Bankers Association forecasts slightly lower volume for 2025, with a 14% increase in the number of units produced. The interest rate environment is volatile, resulting in higher refinance mortgage volume. The 30-year fixed-rate mortgage rose slightly to 6.86%, but remained under 7% for the 17th consecutive week.
May 19, 2025 11:00 AM
— Mortgage Rates
Mortgage rates cross back over 7% after U.S. credit downgrade
Mortgage rates surged higher after Moody's downgraded the U.S. credit rating, reaching the highest level since April. This increase in rates had a direct effect on the housing market, causing a drop in pending sales of existing homes and homebuilder sentiment. There was a slight increase in mortgage demand when rates were around 6.9%, but any increase above 7% led to a slowdown in buyers and disqu... more
May 19, 2025 9:01 AM
— Mortgage Finance
The Fed’s Coming Rate Cut? Not So Fast…
The article is about Inside Mortgage Finance Publications, a company that provides information and analysis on the mortgage industry. They focus on design, content management systems, hosting, and web development for their online platform.
May 19, 2025 8:00 AM
— Housing Market
POS, LOS, HELOC, Legal Products; IMB Per Loan is Still a Loss; Lower Rates vs. Debt and Inflation
The article discusses various topics related to the mortgage industry, including issues such as the impact of Moody's cutting the credit quality of the United States on lending rates, the potential effects of tariffs on the housing market, and various new products and services offered to lenders and brokers. It also highlights the challenges faced by some companies in the industry and discusses ho... more
May 19, 2025 8:00 AM
— Mortgage Security
Understanding the US Housing Market in 2025: Mortgage Rates, Affordability, and Growth Trends
The article discusses the importance of completing security checks to verify the identity of users and prevent spam on online platforms.
May 19, 2025 8:00 AM
— Interest Rates
What Moody’s downgrade of U.S. credit rating means for your money
Moody’s decision to downgrade the U.S. credit rating is expected to increase the cost of borrowing, impacting consumer loans like mortgages, credit cards, and personal loans. The downgrade puts pressure on bond prices, leading to higher yields. The increase in interest rates is attributed to the federal government’s budget deficit and economic uncertainty due to President Trump's tariff policy.
May 19, 2025 6:00 AM
— Interest Rates
Global Bond Audience is Booing US Fiscal Performance
Moody's announcement of the US credit rating cut led to minimal impact as the market was already aware of the issues. The real concern lies in the lack of a sustainable fiscal path for the US government.
May 19, 2025 3:03 AM
— Mortgage Rates
Rates rise: When should you lock? | Current mortgage and refinance rates, May 19, 2025
The article provides current average mortgage rates for 30-year fixed, 15-year fixed, and 5/1 ARM loans. It also mentions Bankrate.com as a source for staying up-to-date on housing market trends.
May 19, 2025 3:02 AM
— Mortgage Rates
Most rates increase on U.S. debt downgrade | Today's mortgage and refinance rates, May 21, 2025
National mortgage rates increased compared to last week, with 30-year fixed, 15-year fixed, and jumbo loan rates going up, while 5/1 ARM rates fell. The Federal Reserve holding its benchmark rate steady may result in future rate cuts. Experts predict rates to remain relatively stable in 2025 with only a slight downward trend. Factors such as inflation and unemployment figures will influence mortga... more
May 19, 2025 3:02 AM
— Bank Account Bonuses
Best Bank Account Bonuses For May 2025
Banks are offering various sign-up bonuses ranging from $50 to $3,000 for opening new checking or savings accounts. These bonuses are used by banks to attract new customers and deposits. However, it's important to carefully read the terms and conditions and consider whether the account meets your needs in the long term. The IRS taxes bank account bonuses as regular income, and it's recommended to ... more
May 19, 2025 3:01 AM
— Interest Rates
Best money market account rates today, May 19, 2025 (Earn up to 4.41% APY)
The article discusses money market accounts and how they can offer better returns compared to traditional savings accounts. It explains how their rates have fluctuated due to changes in the Federal Reserve's interest rates over the years, mentioning the impact of events such as the 2008 financial crisis and the COVID-19 pandemic. It emphasizes the importance of comparing various factors, aside fro... more
May 19, 2025 3:00 AM
— Mortgage Rates
Mortgage Refinance Rates Fall: Mortgage Refinance Rates for May 19, 2025
Average mortgage refinance rates have been high, causing concern among homeowners. Despite initial predictions of lower rates due to inflation and interest rate cuts, rates have remained stubbornly high. Experts suggest keeping an eye on mortgage rates and taking advantage when they fall, as refinancing can be beneficial, especially if you can reduce your interest rate by 1% or more.
May 19, 2025 3:00 AM
— Mortgage Rates
Better mortgage spreads boost housing demand in 2025
Improvement in mortgage spreads since 2023 has led to 15 consecutive weeks of positive year-over-year growth in purchase application data for 2025. Mortgage spreads turned negative due to market volatility but have since improved as stock and bond markets stabilized. Mortgage demand remains strong despite elevated rates. Any adverse reaction may lead mortgage rates to reach 7.25% or higher, the ye... more
May 19, 2025 3:00 AM
— Interest Rates
Mortgage and refinance interest rates today, May 19, 2025: Rates decrease in the short term
Current mortgage interest rates are down according to Zillow data, with the average 30-year fixed mortgage rate at 6.77% and the 15-year fixed rate at 6.03%. This trend of decreasing and increasing rates is expected to continue, with rates hovering around mid-to-upper 6% range for 30-year loans and near 6% for 15-year loans. It is recommended that individuals not wait for rates to fall further bef... more
May 19, 2025 2:00 AM
— Mortgage Lending
Where homeowners still feel locked into mortgages
The article discusses the importance of verifying human identity through various methods in order to prevent fraud and ensure security on online platforms. It highlights the rise of sophisticated technology like biometrics and behavioral analysis to verify identity.
May 18, 2025 8:00 PM
— Mortgage Lending
How will Moody’s downgrade of US debt affect mortgage rates?
The article discusses the process of verifying human identity, which may slow down a user's interaction with a website or application.
May 18, 2025 6:01 AM
— Interest Rates
Best CD rates today, May 18, 2025 (lock in up to 4.4% APY)
The article provides information on how to earn higher interest rates through certificates of deposit (CDs) by locking in rates with different types of CDs. It explains how interest rates vary across financial institutions and provides examples of how much one can earn with different APY rates on CDs. It also mentions different types of CDs available, such as bump-up CDs, jumbo CDs, brokered CDs, ... more
May 18, 2025 5:02 AM
— Interest Rates
Best money market account rates today, May 18, 2025 (best account provides 4.41% APY)
This article discusses the current state of money market account rates in 2024, highlighting the effects of the Federal Reserve cutting its target rate three times. It emphasizes the importance of comparing MMA rates to maximize earnings, provides examples of how different interest rates impact savings over time, and offers recommendations for opening high-yield money market accounts. The article ... more
May 18, 2025 5:02 AM
— Housing Market
New Grads Expect Six-Figure Salaries. They May Not Be Able To Get Them.
Recent graduates are facing disappointment in their expected salaries as they enter the workforce. While graduates expect to make $101,500 a year, recent graduates reported an average salary of $68,400. Employers project to pay new graduates an average of $68,700, with varying salaries depending on the degree type. The uncertain economy, changing tariff policies, and lack of clarity on student loa... more
May 18, 2025 5:01 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 18, 2025: Lower rates are encouraging for home buyers
Mortgage rates have decreased, with the average 30-year fixed interest rate at 6.77% and the 15-year fixed rate at 6.03%. Tips to secure a lower mortgage rate include applying for preapproval with multiple lenders, paying for discount points at closing, and considering different term lengths. Factors impacting rates include credit score, down payment, and debt-to-income ratio. Additionally, the ar... more
May 18, 2025 5:00 AM
— Mortgage Rates
Mortgage rates seen as stable. So why are homebuyers still hesitant?
Mortgage rates have risen slightly but remained below 7% for the 17th consecutive week. While rising inventory is attracting homebuyers, pending home sales have decreased year over year due to economic uncertainties and high costs. Buyers are hesitant due to concerns about tariffs, potential recession, and high monthly payments. Some are opting for condos or small houses to simplify their lives. T... more
May 17, 2025 11:00 AM
— Housing Market
Housing Starts Buoyed By Multi-Family Sector
The Census Bureau's monthly construction numbers for April showed an uptick in construction activity offset by slightly lower permitting. Housing starts were only slightly higher than the previous month, with single unit starts dropping and multifamily starts surging to the highest level since late 2023. Despite some gloomy metrics in the housing and mortgage market, the construction data remains ... more
May 17, 2025 6:00 AM
— Mortgage Finance
Refi Momentum Drives Up April Ginnie MBS Issuance
Inside Mortgage Finance Publications has updated its website design, content management system (CMS), hosting provider, and invested in web development.
May 17, 2025 5:03 AM
— Mortgage Lenders
Mortgage profits near break-even, but costs still climb
The mortgage industry's comeback was hindered by diminished loan volume and increased production costs, leading to unprofitable lending at nonbanks in the first quarter. Despite challenges, independent mortgage bankers made $443 on every loan originated in 2024. United Wholesale Mortgage had a successful first quarter, while a San Diego-based lender reported a net loss. Foreclosure rates rose afte... more
May 17, 2025 5:03 AM
— Economic Indicators
Coasting Into The Weekend With Little Regard For Data
Import Price data and high 1yr inflation expectations in the Consumer Sentiment survey have not had a significant impact on the market, with only a small reaction seen so far.
May 17, 2025 5:03 AM
— Mortgage Rates
Purchase Demand Moves Back Toward 2 Year High; Refis Hold Steady
According to the MBA mortgage application survey, home purchase demand improved last week, although the increase was modest. Refinance activity remains elevated but not as high as last Fall. Mortgage rates saw minimal changes, with a slight increase in the average 30yr fixed rate from the previous week.
May 17, 2025 5:03 AM
— Housing Market
Builder Confidence Near Post-Pandemic Lows, But Timing is Everything
The Housing Market Index (HMI) released by the NAHB and Wells Fargo shows that builder confidence has fallen to the lowest levels since 2023, mostly due to high interest rates and difficulty pricing new homes amid changing material costs due to tariffs. However, a recent US/China trade announcement reducing tariffs for 90 days is expected to improve the outlook for lower material costs and a more ... more
May 17, 2025 5:03 AM
— Mortgage Rates
Mortgage Rates End Week Only Slightly Higher After Decent Recovery
The average top tier 30yr fixed mortgage rate is ending the week slightly higher than last Friday at 6.92%, after hitting 6.99% on Wednesday. The bond market, responsible for mortgage rate changes, was weaker, but some lenders did not fully adjust rates to reflect gains. Rates improved slightly today, with some lenders increasing rates slightly, but overall still below yesterday's rates.
May 17, 2025 5:02 AM
— Bond Markets
Moody's Pulls Pin And Walks Away With 10 Minutes Left to Trade
Bonds started the day stronger, but began to sell off after an inflation expectations reading from 1981. Moody's downgraded the US credit rating near the end of the day, leading to some last-minute selling before the 5pm cut-off.
May 17, 2025 5:02 AM
— Mortgage Lenders
Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Some Virgin Money customers are upset that Nationwide borrowers are being offered better-value mortgage deals despite both being part of the same group since Nationwide acquired Virgin Money. There are differences in fees and interest rates between the two brands, with Virgin customers sometimes paying nearly £1,000 more for the same deal as Nationwide customers. Virgin Money customers cannot simp... more
May 17, 2025 5:02 AM
— Mortgage Rates
Mortgage rates have been volatile recently, and no one knows where they'll go next
The article discusses how tariffs can affect mortgage rates as markets anticipate the impact on economic growth and inflation. If the labor market weakens, mortgage rates may drop, but concerns about inflation could lead to rate hikes. It also covers different types of mortgages like the 30-year fixed-rate and 15-year fixed-rate options, as well as factors affecting mortgage rates such as Federal ... more
May 17, 2025 5:01 AM
— Interest Rates
Best high-yield savings interest rates today, May 17, 2025 (earn up to 4.44% APY)
The article discusses how savings interest rates have fallen due to the Federal Reserve cutting its target rate, but some banks are still offering high interest rates on savings accounts. It explains how much can be earned with different interest rates and compounding frequencies, as well as the benefits of high-yield savings accounts and CDs.
May 17, 2025 5:01 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 17, 2025: It's a good weekend to lock in your rate
Mortgage rates have decreased for two consecutive days, making it a good weekend to start shopping for homes and mortgage lenders. Locking in a mortgage rate is recommended in this volatile rate environment. The article discusses the current mortgage rates and refinance rates, as well as the pros and cons of different mortgage types like 30-year fixed, 15-year fixed, and adjustable-rate mortgages.... more
May 17, 2025 4:01 AM
— Mortgage Rates
Pulte wants Freddie AU savings passed on to consumers
Freddie Mac has made enhancements to its Loan Product Advisor automated underwriting system and is urging lenders to pass on the cost savings to consumers. The Federal Housing Finance Agency Director Bill Pulte has made various initiatives and changes, including a fee-based resolution for certain loan flaws and renaming the agency. Freddie Mac reported a slight drop in mortgage rates, but some mea... more
May 17, 2025 3:01 AM
— Home Equity Loans
Home Equity News: This Week's Roundup
HELOCs rose to over 8% this week, still near their lowest level in two years. The average $30,000 home equity loan remained unchanged. The national average for a 30-year fixed-rate mortgage increased to 6.88%. Multigenerational living is on the rise in the U.S. Prepaying your mortgage can help pay it off faster. Renting is favored over buying, especially for single individuals. The Federal Reserve... more
May 16, 2025 1:00 PM
— Mortgage Finance
Low LTV Ratios Protecting DSCR MBS Investors
The article discusses the latest trends and developments in the mortgage industry as of 2025, focusing on important factors such as rates, market conditions, and lending practices.
May 16, 2025 10:00 AM
— Housing Market
'Doubt and hesitation' are ripping through the housing market: 'People are starting their home search, then backing out'
Elevated home prices and mortgage rates are causing would-be home buyers to pull out of the market. Despite tariff reductions and stock market improvements, mortgage rates continue to rise, making it challenging for potential buyers. Real estate agents report that buyers are hesitant due to fears of an economic downturn. Those who are purchasing homes are seeking more affordable housing options, w... more
May 16, 2025 9:00 AM
— Mortgage Lenders
DSCR Sales, Processing, UAD 3.6, Homebuyer, LO Locking Tools; STRATMOR Tech Survey
The article mentions various topics related to the mortgage industry, including discussions on mortgage applications, budget moves in D.C., software, products, and services for lenders and brokers, appreciation towards brokers, and tools to help first-time homebuyers. It also touches on advancements in appraisal processes, buy now vs. wait calculator for homebuyers, and a company that offers end-t... more
May 16, 2025 7:01 AM
— Mortgage Rates
Today's Mortgage Rates | Rates Up as Hopes for Fed Cuts Shrink
Mortgage rates have been volatile due to unpredictable tariff rollouts and expectations of tariffs raising inflation. If tariffs cause inflation, the Fed may not lower rates, but if economic growth slows, rates may go down. Current rates are around 6.80% for 30-year mortgages and 6.10% for 15-year mortgages. Refinance rates are similar. Fed rate cuts are uncertain, and forecasts expect rates to ea... more
May 16, 2025 3:02 AM
— Student Loans
New House Bill Would Slash Student Loan Programs, Limit Forgiveness
Republicans in the House Committee on Education and the Workforce proposed significant changes to federal student aid programs, including eliminating some programs, implementing new loan limits, and simplifying repayment options. The legislation will increase borrowing costs for many students. The changes also affect graduate and professional students, with loan limits being prorated based on enro... more
May 16, 2025 3:01 AM
— Interest Rates
Federal debt isn't some abstract, distant problem, as mortgage borrowers may soon find out
The article discusses how government overspending and increasing government debt can impact bond returns and interest rates, including mortgage funding costs. It highlights the potential implications of the U.S. government defaulting on its debt and how it could affect Canadian interest rates and mortgage rates. The author emphasizes the need for fiscal responsibility and efficiency to address bud... more
May 16, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 16, 2025: Year-over-year rates have decreased
Mortgage rates have increased slightly this week according to Freddie Mac, with the 30-year fixed interest rate up to 6.81% and the 15-year fixed rate at 5.92%. Despite the increase, rates are still lower than they were last year. The article discusses types of mortgage rates, including fixed and adjustable, as well as the impact of rates on monthly payments and long-term costs. Mortgage refinance... more
May 15, 2025 3:00 PM
— Mortgage Lenders
United Wholesale Mortgage rolls out AI that calls you when time to refinance
United Wholesale Mortgage introduced an AI virtual loan officer assistant named Mia that can make outbound calls, take inbound calls, and handle complex questions in a conversational manner. The AI tool was created in partnership with Google and aims to help mortgage brokers reach out to clients about refinancing when mortgage rates drop. UWM CEO Mat Ishbia highlighted Mia's abilities at the compa... more
May 15, 2025 3:00 PM
— Bond Markets
Today's Gains Help Us Understand Yesterday's Losses
The bond market saw a rally following Powell's speech, with speculation that potential updates to the inflation framework might have caused nervousness among investors. Despite modest gains earlier in the day, both MBS and the 10yr yield were down by the end of the day.
May 15, 2025 2:00 PM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April
The average rate on a 30-year mortgage in the U.S. rose to 6.81% from 6.76% last week, returning to where it was three weeks ago. Borrowing costs on 15-year fixed-rate mortgages also increased slightly. Mortgage rates are influenced by factors such as global demand for U.S. Treasurys, the Federal Reserve's interest rate policy decisions, and investors' expectations about the economy and inflation.
May 15, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Catch a Break
Mortgage rates have been consistently increasing in May, with the average top tier 30yr fixed rate reaching 6.99%. However, there was a slight improvement today, preventing rates from breaking above 7.0%. The bond market improved after economic data and a speech from Fed Chair Powell. As a result, the average lender's rates are slightly lower compared to yesterday.
May 15, 2025 1:00 PM
— Interest Rates
Lenders in limbo: mortgage rates dance without direction
The article discusses how borrowing costs have been stagnant due to uncertainty regarding which outcome of the trade war will impact interest rates more: an economic downturn or an increase in inflation. Lenders are making shifts as they await more clarity next month when tariff effects begin showing up in data. The bond market is pricing in the possibility of two more Bank of Canada rate cuts in ... more
May 15, 2025 11:01 AM
— Mortgage Rates
Mortgage rates rise for second-straight week. Is the spring selling season sunk?
Mortgage rates for 30-year fixed-rate mortgages increased to 6.81% in the week ending May 15. Despite the stability in rates, the spring selling season is showing signs of slowdown in activity as some buyers are backing off due to uncertainties about the U.S. economy. However, in Austin, Texas, the market is more stable with a good balance of inventory and demand.
May 15, 2025 10:01 AM
— Mortgage Rates
Inflation news helps to push mortgage rates higher
The 30-year fixed rate mortgage remained under 7% for the 17th consecutive week but increased 5 basis points due to volatile bond markets over the U.S. economy. Economic news caused pricing on the mortgage to retreat, and the rate is currently in the 6.6% range.
May 15, 2025 10:00 AM
— Mortgage Rates
Mortgage rates rise for 1st time in weeks, Freddie Mac says
Mortgage rates have increased for the first time in a month, with the average rate on a 30-year fixed mortgage rising to 6.81%. Despite the increase, rates remain below 7%, attracting homebuyers into the market. Housing affordability and supply continue to be challenges for many Americans looking to buy homes.
May 15, 2025 9:01 AM
— Mortgage Finance
Fears Homebuilder Buydowns Are Distorting Home Prices
The article discusses the latest trends and updates in the mortgage industry. It covers various aspects such as mortgage rates, housing market conditions, and mortgage lender activities.
May 15, 2025 9:00 AM
— Mortgage Lending
Workflow, 2nd, Portfolio, Bridge, LOS Products; Pulte Interview; Rocket and Prepayment Speeds
The article discusses various topics related to mortgage lending, including predictions regarding Freddie Mac and Fannie Mae, political influences on mortgage lending policies, the changing needs of modern mortgage customers, financial consulting services for mortgage lenders, technology solutions for mortgage processing efficiency, and innovative home equity lending products. It also mentions upc... more
May 15, 2025 9:00 AM
— Mortgage Finance
Delinquency Rates Decline in 1Q25; But Caution Remains
The article discusses the latest trends and developments in the mortgage finance industry. It highlights the impact of various factors like interest rates, housing market conditions, and changes in mortgage lending practices on the overall market. The article provides insights into the current state of the mortgage market and potential future scenarios.
May 15, 2025 9:00 AM
— Mortgage Rates
Mortgage rates move higher on positive economic news
Mortgage rates increased slightly this week as easing trade tensions between the US and China brought confidence to Wall Street that a recession could be avoided. The 30-year mortgage rate reached 6.81% from 6.76% the previous week. The rise in rates was influenced by positive economic news, a decrease in fears of a recession, and expectations that the Fed will not cut interest rates in the near f... more
May 15, 2025 9:00 AM
— Mortgage Websites/Online Services
Mortgage Rates in the US Rise, Sending 30-Year Average to 6.81%
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May 15, 2025 7:00 AM
— Bond Markets
A No Whammies Rally For Bonds After Data and Powell
Today's market action is helping to explain yesterday's sell-off, with retail sales' control group below expectations. Powell's speech at the policy framework conference led to bigger moves and higher volume, possibly due to concerns about a shift towards tolerating higher policy rates. The market has almost completely reversed yesterday's weakness, but yields are bouncing before completing the jo... more
May 15, 2025 6:01 AM
— Mortgage Websites
Another day, another climb in rates: The 30Y Note Yield is back at 5% and mortgage rates are back above 7%. Trade deals, weaker inflation data, and general economic uncertainty can’t even lower rates. The “trade deals are coming” headlines are no longer
The article is a notice informing readers that JavaScript must be enabled in their browser to continue using x.com. It also provides links to their Help Center and contains information about their Terms of Service, Privacy Policy, Cookie Policy, and Imprint.
May 15, 2025 6:01 AM
— Mortgage Lenders
Middle-Income Homebuyers Are Facing the Biggest Shortfall of Affordable Homes
The article is about a processing issue experienced while trying to request information. The reader is advised to contact a specific email address for further assistance.
May 15, 2025 5:00 AM
— Housing Market
Why Would I Move with a 3% Mortgage Rate?
The article discusses the importance of considering future house price increases when deciding whether to move from a home with a low mortgage rate. It highlights the potential significant cost difference in waiting a few years to move, as home prices are expected to rise gradually over the next five years.
May 15, 2025 4:00 AM
— Mortgage Rates
Majority of rates rise as inflation steadies | Current mortgage and refinance rates, May 14, 2025
Bankrate data shows that average mortgage rates for 30-year fixed, 15-year fixed, and jumbo mortgages increased, while 5/1 ARM rates decreased. The Fed decided to hold its benchmark rate steady, focusing on inflation concerns. Experts predict rates to stay in a narrow range in 2025 with a slight downward trend in mortgage rates. It is advised to monitor economic indicators like inflation and unemp... more
May 15, 2025 4:00 AM
— Mortgage Lenders
Loan defect share improved even as mortgage rates rose in 4Q
The article discusses the quality of closed mortgage applications in the fourth quarter of last year, with critical defects falling to the second lowest level on record. Mortgage rates were volatile during this time, with the 30-year fixed rate reaching 6.91% by the end of the year. The article mentions that typically, the number of defects in mortgage applications increases when rates rise. Howev... more
May 15, 2025 2:00 AM
— Mortgage Lending
Hong Kong’s Top Developer Sells Out Homes in Hours as Rates Fall
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May 14, 2025 3:00 PM
— Bond Markets
Another Just Because Sell Off
The article discusses recent sell-offs in the bond market with no clear catalysts, forcing market watchers to come up with narratives to explain the situation. One possible reason for the sell-off could be a broad rotation out of bonds and into stocks. Mortgage-backed securities (MBS) are down, and 10-year Treasury rates are up, indicating higher mortgage rates for consumers. The article suggests ... more
May 14, 2025 12:56 PM
— Mortgage Rates
Mortgage Rates Rising Closer to 7%
Mortgage rates saw a significant increase in early April, reaching over 7% for a single day, but gradually decreasing to just over 6.8% by the end of the month. However, in May, rates have been steadily rising, with the average lender now close to 7% for conventional 30yr fixed mortgage rates. This increase is due to a second wave of weakness in the bond market. Economic reports set to be released... more
May 14, 2025 12:00 PM
— Bond Markets
Where is The Next Move Coming From?
There have been recent changes in bond market rules due to tariff policy, leading to more adjustments than usual. The trade war de-escalation has boosted stocks but hurt bonds. Market optimism/fear regarding trade policy is influencing the bond market. Data still matters, but its impact is being analyzed alongside trade policy developments.
May 14, 2025 9:55 AM
— Interest Rates
Trade war personal finance update: A ‘how much should you worry’ guide to stocks, mortgage rates, the dollar and more
The article discusses the impact of the trade war on various aspects of personal finance, including the stock market, interest rates, job market, and mortgage rates. It notes that while the stock market has recovered and interest rates are relatively stable, mortgage rates have been edging higher in recent weeks. This is due to uncertainty in the bond market, which is influenced by inflation, econ... more
May 14, 2025 9:00 AM
— Mortgage Rates
Conventional-Conforming Denial Rate Steady in 2024
The article discusses the current state of mortgage rates and their impact on home buyers. It notes that mortgage rates are currently on the rise, which is causing concern among potential home buyers who may be worried about the affordability of purchasing a new home. The increase in mortgage rates means that buyers will have to pay more in interest over the life of their loan, potentially making ... more
May 14, 2025 8:00 AM
— Mortgage Applications
Mortgage applications rise 1.1% as rates stabilize
Mortgage applications have increased slightly, with purchase applications up 2.3% and refinance activity 44% higher than last year. Mortgage rates for most types of mortgages have risen slightly, with the average 30-year fixed-rate mortgage at 6.86%. Borrowers are increasingly turning to government-backed loans, such as FHA and VA loans. Adjustable-rate mortgages also saw an increase in applicatio... more
May 14, 2025 6:00 AM
— Mortgage Lenders
High mortgage rates are sticking around — unless the economy crashes
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May 14, 2025 5:00 AM
— Mortgage Rates
Mortgage rates haven’t frozen the spring housing market
Mortgage rates have not significantly decreased, but lenders are seeing an increase in demand for home purchase loans. Factors impacting mortgage rates include President Trump's deal with China and inflation data. The Federal Reserve is unlikely to make any rate cuts in the near future. Mortgage activity has picked up, with increased demand for FHA loans and adjustable-rate mortgages. Homeowners s... more
May 14, 2025 4:00 AM
— Housing Market
Mortgage demand from homebuyers continues to recover, even with higher interest rates
Mortgage demand from homebuyers has increased for the second week in a row, despite recent economic uncertainty and concerns over tariffs. The average contract interest rate for 30-year fixed-rate mortgages has risen slightly compared to the previous week and is significantly higher than it was a year ago. The increase in home inventory is attracting more potential buyers, leading to a rise in pur... more
May 14, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 14, 2025: Rates are unstable after inflation report
The article explains that mortgage interest rates are currently fluctuating, with some rates increasing and others decreasing. This can be attributed to the April Consumer Price Index showing slower inflation, potentially leading to the Federal Reserve cutting rates. Housing costs have played a significant role in inflation. The article provides current average mortgage rates for various types of ... more
May 14, 2025 1:00 AM
— Mortgage Rates
Today's Refinance Rates for May 14, 2025: 30-Year Fixed Refi Rate Dips Slightly
Mortgage refinance rates are currently between 6.5% and 7%, making it difficult for homeowners to save money through refinancing. The Federal Reserve has not changed interest rates in 2025, but is expected to resume lowering rates in the summer. However, experts predict that a major refinancing boom is unlikely unless rates fall below 6%. Despite some brief dips, mortgage rates have remained high ... more
May 14, 2025 12:00 AM
— Inflation and Consumer Prices
Latest Inflation Statistics: The Prices Rising And Falling Most
Inflation rose less than expected last month, with prices remaining relatively stable. The article highlights that consumer prices are still significantly higher than they were before the pandemic, with Americans needing more money to buy the same goods and services. While prices have not risen dramatically, tariffs have increased, leading to concerns about potential future price hikes. The impact... more
May 13, 2025 3:00 PM
— Bond Markets
Bonds End Almost Perfectly Flat
The article discusses how bond rates were almost perfectly flat for the day, with some mild volatility in the morning. Despite lower than expected inflation, bonds lost ground due to other factors like risk-on trading and tariff headlines from China. Mortgage-backed securities (MBS) were up slightly, while 10-year bond rates were slightly down. There was a decent late bounce, but overall rates rem... more
May 13, 2025 2:12 PM
— Housing Market
What rate lock activity means for the Spring purchase market
The article discusses April's increase in rate lock activity, which supports optimistic views on the Spring housing market. Purchase locks were up compared to the previous month, but down compared to the previous year. Refinance volume was lower compared to March, likely due to a volatile rate environment. Mortgage rates for FHA loans were at 6.44%, while jumbo loans were at 6.84%. Conforming mort... more
May 13, 2025 1:00 PM
— Interest Rates
Mortgage Rates Hold Fairly Steady After Inflation Data
The article discusses the release of the Consumer Price Index (CPI) and its impact on mortgage rates. Higher inflation generally leads to higher interest rates, but today's CPI data was affected by uncertainties surrounding tariffs and trade deals. The report came in lower than expected, which did not have much of an impact on rates. However, despite this, average mortgage rates have increased sli... more
May 13, 2025 11:00 AM
— Housing Market
Better Reduces Losses in First Quarter
The article discusses the current trend in mortgage rates and its impact on home buyers. It highlights that mortgage rates have been rising steadily, making it more expensive for buyers to borrow money for a home purchase. As a result, some potential home buyers may be discouraged from entering the market or have to settle for a smaller loan amount. The article suggests that buyers should shop aro... more
May 13, 2025 9:00 AM
— Housing Market
Tax Legislation in House Caps Mortgage Interest Deduction
The article discusses the current state of mortgage rates and their impact on home buyers. It notes that mortgage rates have been on the rise recently, which may make it more expensive for potential home buyers to finance their purchases. Higher mortgage rates could lead to increased monthly payments for home buyers, potentially making it harder for them to afford a home. The article suggests that... more
May 13, 2025 9:00 AM
— Housing Market
Compliance, Dashboard, Origination Tools; eNote News; New Econ Book; Conv. Conforming Changes
The article discusses a nationwide trend in which the number of people buying second homes has plunged to its lowest level since records began. This is due to a mix of high mortgage rates, soaring maintenance costs, and a return-to-office push. The impact of mortgage rates and the economy on home buyers is a significant concern. The article also mentions upcoming conferences that will address thes... more
May 13, 2025 8:00 AM
— Interest Rates
Best money market account rates today, May 13, 2025 (Earn up to 4.41% APY)
The article discusses money market account rates and how they have fluctuated over the years due to changes in the Federal Reserve's target interest rate. After the 2008 financial crisis, rates were kept low to stimulate the economy, but have since risen to historically high levels in 2022 and 2023. In 2024, rates began to decline following the Fed's rate cuts. Today, online banks and credit union... more
May 13, 2025 8:00 AM
— Bond Markets
Stock Gains Creating Bond Pain After Flat Response to CPI
The article discusses how the latest Consumer Price Index (CPI) data had a minimal impact on bond markets, as the results were close to consensus expectations. Despite a slight increase in core CPI, bond yields remained flat. The article also mentions that positive tariff headlines from China led to a "risk-on" trade in the market. Overall, the article suggests that mortgage rates may not see sign... more
May 13, 2025 8:00 AM
— Housing Market
Title underwriters stay profitable in difficult Q1
The housing market is showing signs of improvement in early April. First American Financial fired its CEO following an incident on a cruise ship. There is a mixed bag of results in the second quarter impacted by President Trump's tariff announcements. Title insurers have a strong connection to the mortgage originations market. Dream Finders Homes closed on the purchase of Alliant National Title. B... more
May 13, 2025 8:00 AM
— Interest Rates
Best high-yield savings interest rates today, May 13, 2025 (Earn up to 4.30% APY)
The article discusses how savings account interest rates have fluctuated over the past decade in response to actions taken by the Federal Reserve. Despite interest rates rising in recent years, the average savings account rate remains low compared to other investments. High-yield savings accounts are ideal for short-term goals, such as saving for a down payment on a home, as they provide competiti... more
May 13, 2025 8:00 AM
— Interest Rates
Best CD rates today, May 13, 2025 (Lock in up to 4.40% APY)
The article discusses the history of CD rates, noting that they have fluctuated over the years due to economic conditions and the Federal Reserve's actions. It mentions that CD rates are currently declining after the Fed's decision to cut the federal funds rate, although they remain relatively high compared to historical standards. The article emphasizes the importance of considering various facto... more
May 13, 2025 6:00 AM
— N/A
FHFA Director Bill Pulte on the housing market, mortgage rates, future of Fannie Mae & Freddie Mac
The article discusses the impact of rising mortgage rates on home buyers. It mentions that mortgage rates have been increasing and may continue to rise in the future. This could make it more expensive for home buyers to borrow money to purchase a home. As a result, some potential buyers may be priced out of the market or may have to settle for a smaller or less expensive home. Overall, the article... more
May 13, 2025 5:02 AM
— Mortgage Lenders
20 lenders with the most VA loans in 2024
The article discusses the top five lenders with the most VA loans in 2024, their average loan amounts, and total loan amounts. It also mentions the combined HELOC volume, second-lien loan volume, and unpaid principal balance of the top five banks at the end of December 2024. Additionally, it highlights United Wholesale Mortgage's leadership in total origination volume compared to Rocket Mortgage a... more
May 13, 2025 4:00 AM
— Mortgage Lenders
Wells Fargo sued for denying borrower COVID-19 loss mit
The article discusses a lawsuit filed by a North Carolina resident against Wells Fargo for denying her COVID-19 loss mitigation options, resulting in the forced short sale of her home. The plaintiff claims the bank's negligence cost her the house, equity, and a worsened credit score. Wells Fargo has apologized and offered mediation, but declined to comment on the pending litigation. The article al... more
May 13, 2025 4:00 AM
— Mortgage Fraud
Feds accuse Trump adversary Letitia James of loan fraud
The article discusses a federal grand jury investigation into New York Attorney General Letitia James regarding allegations of mortgage fraud. The investigation, led by the Department of Justice and the FBI, focuses on accusations made by Federal Housing Finance Agency Director Bill Pulte, claiming that James falsified documents in Virginia and New York State. If proven true, James could face civi... more
May 13, 2025 4:00 AM
— Mortgage Industry Trends and Innovations
Coaching; Workflow, LO Mobile App, AI Products; Economist Selma Hepp Interview
The article discusses various updates and developments in the mortgage industry, including rental trends in New York City, legislation allowing landlords to discriminate against low-income renters in Missouri, and policy discussions on the future of lending. It also mentions the launch of BOK Financial's Mortgage Finance line of business, the Ncontracts 2025 Third-Party Risk Management Survey, and... more
May 13, 2025 4:00 AM
— Housing Market
All in the family: The rise in multigenerational homes
In the article, a couple, Tom and Merielle Lupfer, were unable to afford a starter home in Northern New Jersey due to high prices. Instead, they moved into Merielle's parents' home and found that the advantages outweighed the disadvantages. The article suggests that multigenerational homes are making a comeback due to rising home prices and mortgage rates, making it difficult for some home buyers ... more
May 13, 2025 3:00 AM
— Interest Rates
High-Yield Savings Rates Today: May 12, 2025 | Earn Up To 4.40% APY
The article discusses how the Federal Reserve is keeping interest rates steady, which is benefiting savers by keeping high annual percentage yields on savings accounts well above 4 percent. This has been the case for over two years, with opportunities for high yields on savings accounts, money market accounts, and certificates of deposit. The highest savings account rate is 4.40 percent APY, offer... more
May 13, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 13, 2025: Rates inch up in response to tariff pause
The article discusses the current mortgage interest rates, which have increased slightly. The 30-year fixed mortgage rate is at 6.76% and the 15-year fixed rate is at 6.07%. The article attributes the increase to the uncertainty of President Trump's politics. It explains the difference between 15-year and 30-year mortgage rates in terms of total interest paid and monthly payments. The article also... more
May 12, 2025 3:00 PM
— Bond Markets
Is All News Bad News For Bonds? Will CPI Matter?
The article discusses how recent news, such as changes in tariffs, are impacting bond markets. The US/China tariff pause is causing uncertainty and potential upward pressure on mortgage rates. The lack of finality in the situation means that it will take time to understand the full impact on rates. The bounce in stocks suggests that there may be unwinding of previous risk-off trades. Overall, mort... more
May 12, 2025 2:27 PM
— Interest Rates
Most economists expect rate cuts after July: Wolters Kluwer
Economists predict that the Federal Open Market Committee will reduce short-term rates in 2025, with a consensus average of a 60 basis point reduction. The report found that mortgage rates have increased, with the 30-year fixed rate at 6.97%. The survey also showed concerns about the impact of tariffs on the economy and potential inflation. While short-term rates do not directly impact mortgage ra... more
May 12, 2025 2:00 PM
— Interest Rates
Mortgage Rates Jump to 2 Week Highs After US/China Trade Talks
The article explains that tariffs and trade policy have impacted the bond market, which in turn affects mortgage rates. The reaction of mortgage rates to trade policy can be complicated, as it can influence rates in opposite directions depending on factors such as economic growth and inflation. With the recent agreement between the US and China on a tariff pause, there is some relief in concerns a... more
May 12, 2025 11:00 AM
— Mortgage Rates
Most rates increase as Fed keeps rates unchanged - Mortgage and refinance rates for May 12, 2025
Average mortgage rates increased compared to a week ago, with rates for 30-year fixed, 15-year fixed, and jumbo loans going up while 5/1 ARM rates remained flat. The Federal Reserve's decision to keep its benchmark rate steady at the latest meeting on May 7 indicates concerns about inflation. Despite economic uncertainty due to trade wars and tariffs, consumer spending and employment data remain s... more
May 12, 2025 10:00 AM
— Mortgage Rates
What happens to mortgage rates with more trade deals?
The article discusses the impact of progress in the trade war between China and the U.S. on mortgage rates. The author provides three possible scenarios for mortgage rates in a more stable economic environment. If the economy remains strong and avoids a recession, mortgage rates could stay elevated. However, if the economy weakens and trade deals are made, the Federal Reserve may cut rates further... more
May 12, 2025 9:00 AM
— Mortgage Lenders
This Mortgage Hack Could Score You a 3% Rate — But Is It a Good Idea?
In a high-inflation and high-interest-rate environment, finding a low mortgage interest rate has become a greater challenge for homebuyers. While interest rates hit historic lows in 2021, buyers are now chasing the almost mythical 3% rate. One possible way to achieve this rate is through an assumable mortgage, where the buyer takes over the seller's existing mortgage including its interest rate. A... more
May 12, 2025 8:00 AM
— Treasury Rates
Yields Jump After Another 90 Day Tariff Pause
The article discusses how trade talks between the US and China have led to a temporary reduction in tariffs, causing 10yr yields to increase to the highest levels since April 11th. The market is uncertain about where things will settle after the negotiations are over, and tariffs could end up being higher than before. This uncertainty is impacting mortgage rates and home buyers, as the Fed and the... more