Mortgage News
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Showing 2713 - 2736 of 2890 results
May 8, 2025 2:00 PM
— Mortgage Rates
U.S. mortgage rates are holding steady. Will the trend last?
The article discusses how mortgage rates remained steady at 6.75% for a second week, with some slight fluctuations reported on a daily basis. The Federal Reserve decided not to change the current benchmark interest rate, citing uncertainty surrounding President Trump's tariff policy. Despite this, affordability for home buyers has improved slightly compared to last year, with more homes for sale. ... more
May 8, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Move Higher After Trade Deal
Mortgage rates increased after the U.S. and U.K. announced a trade deal, with lenders raising rates due to weakness in the bond market. The impact of trade policy on bonds, inflation, foreign demand, and issuance needs can affect mortgage rates. The increase in mortgage rates is considered average and still lower than the highs seen in early April, despite being higher than rates in March. Overall... more
May 8, 2025 12:00 PM
— Bond Markets
Slow Start, Two-Way Trading After Data
Bonds initially lost ground after the release of jobless claims and labor costs data, but then rallied with 10-year yields dropping almost 4 basis points. The 30-year bond auction at 1pm ET is the only other relevant event scheduled. Trade-related headlines could also impact market movement. Overall, mortgage rates are likely to remain stable for home buyers in the near term.
May 8, 2025 12:00 PM
— Mortgage Rates
Mortgage rates hold steady, Freddie Mac says
Mortgage rates remained stable this week, with the average rate on a 30-year fixed mortgage staying at 6.76%. This is lower than the rate a year ago, which was 7.09%. Despite the stability of rates, there is a supply gap of 3.8 million homes, making it difficult for first-time homebuyers to enter the market. Sellers are also reluctant to sell due to the prospect of refinancing at higher costs. The... more
May 8, 2025 10:00 AM
— Mortgage Rates
UWM Leaning on Organic Growth, Not Acquisitions
The article discusses how mortgage rates have been increasing, reaching the highest levels in decades. This rise in rates is making it more expensive for home buyers to borrow money for their purchases. This has led to a decrease in home sales and a slowdown in the housing market. Home buyers are facing higher monthly payments and may be priced out of the market. Overall, the increase in mortgage ... more
May 8, 2025 10:00 AM
— Mortgage Industry Trends
Demand for MSRs Expected to Remain Elevated
The article discusses the current state of mortgage rates and their impact on home buyers. It mentions that mortgage rates have been on the rise recently, reaching a certain level that has caused concern among potential home buyers. The increase in mortgage rates has led to higher monthly payments for borrowers, potentially making it more difficult for some individuals to afford a home. The articl... more
May 8, 2025 10:00 AM
— Mortgage Industry Trends
Private Mortgage Insurance Activity Slows in First Quarter
The article discusses current mortgage rates and their impact on home buyers. It mentions that mortgage rates have recently increased, potentially making it more expensive for buyers to purchase a home. This could lead to fewer people being able to afford homes or causing them to settle for smaller homes or less desirable locations. Overall, the rising mortgage rates may hinder the home buying pro... more
May 8, 2025 10:00 AM
— Mortgage Rates
Mortgage rates hold steady after few surprises from labor data, Fed meeting
The article discusses how mortgage rates have remained steady at 6.76% this week, with 15-year mortgage rates slightly lower at 5.89%. The Federal Reserve has kept benchmark interest rates unchanged, citing economic uncertainty. While mortgage rates are not directly controlled by the Fed, they are affected by expectations of future interest rate policy. President Trump has called for rate cuts, bu... more
May 8, 2025 9:50 AM
— Mortgage Rates
Mortgage rates defy expectations amid key economic events
Mortgage rates remained stable this week, with the 30-year fixed rate averaging 6.76%. The 15-year fixed rate decreased slightly to 5.89%. Despite some movement in rates due to economic reports and the FOMC meeting, rates ended up where they started. Home buyers should be aware that any unexpected news could cause quick changes in mortgage rates. Mortgage applications increased by 11% last week in... more
May 8, 2025 8:00 AM
— Mortgage Finance
Pulte Downplays Odds of an End to GSE Conservatorships
The article discusses the current trends and insights in the mortgage market as of 2025.
May 8, 2025 6:00 AM
— Interest Rates
Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages and more
The Federal Reserve has decided to keep interest rates steady due to uncertainty caused by President Donald Trump's tariff policies and weakening economic growth. This decision has resulted in high borrowing costs and prices for consumers, as the rates on most consumer loans remain elevated. Mortgage rates, which are indirectly related to the Fed, have slightly decreased due to concerns over tarif... more
May 8, 2025 5:57 AM
— Interest Rates
Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news
The Bank of England has cut interest rates to 4.25%, the lowest since May 2023, in an effort to boost spending by making borrowing, including mortgages, cheaper. This decision was met with a divided committee, as some members wanted a bigger cut or no change at all. The lower rate is expected to have an immediate impact on home loans, with nearly 600,000 homeowners on tracker deals seeing their mo... more
May 8, 2025 3:00 AM
— Interest Rates
Fed Skips Another Interest Rate Cut, Warns Of ‘Potential’ For Stagflation
The Federal Reserve voted to keep interest rates steady, signaling more concern about inflation than a recession. This decision will maintain the key interest rate that affects borrowing costs near a decade-plus high. Home buyers may face higher mortgage rates, as adjustable-rate mortgages are influenced by this rate. However, savers can benefit from competitive returns on savings accounts due to ... more
May 8, 2025 3:00 AM
— Mortgage Rates
Powell Warns Of Higher Inflation, Unemployment As Fed Keeps Rates Steady
In the article, it is discussed how the Federal Reserve's actions impact mortgage rates. The Fed cut rates to zero at the beginning of the pandemic, causing mortgage rates to plummet. However, as the Fed raised rates in 2022 and 2023, mortgage rates also increased. Currently, there is a disconnect between the Fed's actions and mortgage rates, as they are often tied to 10-year Treasury yields. This... more
May 8, 2025 2:00 AM
— Mortgage Rates
Mortgage rates are falling. Is it a good time to buy a home?
Mortgage rates have dropped in early 2025, providing relief to homebuyers. However, economic uncertainty, including President Trump's tariffs and warnings of inflation, may impact future interest rates. Lower mortgage rates present an opportunity for buyers, but the housing market remains sluggish. Homebuyers face a "lock in" effect where current homeowners with lower rates are reluctant to sell, ... more
May 7, 2025 5:00 PM
— Interest Rates
Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
The Federal Reserve has decided to keep its benchmark interest rate unchanged at 4.25% to 4.5% despite pressure from President Trump to lower borrowing costs. The Fed cited economic risks, particularly related to Trump's tariffs, as a reason for maintaining the current rate. There are concerns that Trump's tariffs could lead to higher inflation and unemployment, which could impact the Fed's dual m... more
May 7, 2025 4:00 PM
— Interest Rates
Interest rates: Cut expected by the Bank of England
The Bank of England is expected to cut interest rates to 4.25% which would make borrowing money cheaper for businesses and individuals. This would be the fourth rate reduction since last year's peak of 5.25%. Mortgage rates have already been falling in anticipation of the rate cut, but further drops are not guaranteed. Fixed-rate mortgage holders may see lower monthly repayments if the base rate i... more
May 7, 2025 4:00 PM
— Mortgage Rates
Coinbase earnings, jobless claims, mortgage rates: What to Watch
The article discusses various economic data and market stories to watch for on Thursday, May 8th, including earnings from Coinbase Global, ConocoPhillips, and Anheuser-Busch Inbev. It also mentions the weekly updates on initial jobless claims and US mortgage rates. Analysts expect strong Q1 results from Shopify, and are looking for any guidance on future quarters. Jobless claims are expected to de... more
May 7, 2025 3:00 PM
— Mortgage Finance
Short Takes: Ishbia: Tariffs Will Drive Down Interest Rates / GSE Collaboration Against Mortgage Fraud / Bank Launches Wholesale Unit focused on Non-QMs / New Warehouse Line for Radian’s Conduit
The article discusses recent trends in the housing market, particularly focusing on the increasing demand for mortgages due to low interest rates. It mentions that mortgage lenders are seeing a surge in applications as more people seek to take advantage of affordable borrowing costs.
May 7, 2025 3:00 PM
— Interest Rates
Just as Underwhelming as Expected
The article discusses how Federal Reserve Chairman Powell reiterated uncertainty about the future of mortgage rates during a recent press conference. Despite this, mortgage rates have remained relatively stable, with 10-year yields down slightly and MBS up slightly. The article suggests that there is no excitement in the market and that there has been no significant change in rates following the F... more
May 7, 2025 2:16 PM
— Mortgage Rates
What the latest Fed meeting means for mortgage lenders
Federal officials decided not to change monetary policy, which could have a short-term benefit for lenders as mortgage rates are expected to drop slightly. However, in the medium to long term, mortgage rates are likely to remain steady or increase, making it difficult for potential home buyers. The current state of monetary policy is not expected to significantly impact the housing market, and int... more
May 7, 2025 2:00 PM
— Interest Rates
Fed Holds Rates Steady. Here's How it Impacts Mortgage Rates.
The Federal Reserve announced that it is holding the federal funds rate steady at 4.25% to 4.5%. This decision will lead to lower borrowing costs on credit cards and personal loans. Mortgage rates are expected to drop slightly as a result of the decision to keep rates steady. The impact of tariffs on inflation and unemployment will be closely monitored by the Fed. Experts expect the Fed to keep ra... more
May 7, 2025 1:00 PM
— Interest Rates
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
The article discusses the Federal Reserve's decision to keep interest rates unchanged amid concerns about inflation and recession risks due to President Trump's tariffs. The Fed is in wait-and-see mode, monitoring the impact of tariffs on the economy. While the Fed did not indicate any immediate plans to lower rates, it acknowledged growing concerns about the risks posed by the import fees. The ar... more
May 7, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Lower After Fed Announcement, But Not Because of It
The article discusses the lack of any rate decision from the Federal Reserve, as there was no expectation for a rate cut at the meeting. The Fed is weighing the impact of tariffs and fiscal policy on employment and inflation, which may influence future rate decisions. Mortgage rates were slightly lower following the meeting, but the movement was already in place beforehand and the change was minim... 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.