Mortgage News
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Showing 2545 - 2568 of 2890 results
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
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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
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.