Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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Showing 2737 - 2760 of 2890 results
May 7, 2025 9:00 AM
— Housing Market
DPA, AI, Processing, Verification Tools; STRATMOR Tech Survey; Interview on Fraud Threats
The article discusses the current housing market, noting a lack of inventory and an increase in unsold homes. Builders are using incentives to attract buyers, while city dwellers are turning to micro-apartments for affordable living. Mortgage rates are mentioned in passing, with a focus on non-QM lending and the potential for growth in this sector. Various software and services for lenders and bro... more
May 7, 2025 8:00 AM
— Interest Rates
Not Expecting Fireworks From The Fed
The article discusses the fluctuations in bond markets and Fed Funds Rate expectations leading up to Powell's press conference. It mentions the possibility of rate cuts due to economic uncertainties, but also highlights inflation-related uncertainty. The article suggests that Powell may not be able to make any significant changes to interest rates at the moment. Despite this, the market may still ... more
May 7, 2025 5:00 AM
— Interest Rates
When will interest rates go down again and how do they affect mortgages?
The article discusses the likelihood of the Bank of England cutting interest rates in the near future, with potential further cuts expected throughout the year. Interest rates impact mortgage rates, credit card rates, and savings rates for millions of people. Currently, mortgage rates are still relatively high compared to previous years, with many borrowers facing increased costs when their fixed-... more
May 7, 2025 4:00 AM
— Mortgage Rates
Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Mortgage interest rates have decreased slightly for the second week in a row due to negative economic news. Despite this, mortgage demand has surged by 11%. The average contract interest rate for 30-year fixed-rate mortgages has dropped to 6.84%. Home buyers are taking advantage of the lower rates, especially for conventional loans. The housing market has been slow, with potential buyers hesitant ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Majority of rates decrease as Fed meeting underway | Today's mortgage and refinance rates for May 6, 2025
This article discusses the current trends in mortgage rates, noting that rates for 30-year fixed, 15-year fixed, and jumbo mortgages have decreased, while rates for adjustable rate mortgages have increased. The article highlights that mortgage rates are influenced by a combination of economic indicators, and mentions the positive April employment report from the Labor Department as a contributing ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 7, 2025: Will rates go up or down after the Fed meeting?
The article discusses current mortgage interest rates, which have seen slight increases in recent days. It explains that the Federal Reserve meeting may impact these rates, as decisions made by the central bank can lead to either an increase or decrease in home loan rates. The article also provides information on various types of mortgage rates, such as 30-year fixed, 15-year fixed, and adjustable... more
May 6, 2025 7:00 PM
— Mortgage Rates
Another Big Four bank slashes interest rate with a major catch: '40 per cent'
CBA has cut its variable interest rate to a competitive 5.84 per cent in response to mortgage wars between major banks ahead of an anticipated RBA cash rate cut. The move puts CBA in a competitive race with ANZ and Westpac. Customers must apply online and have a 40 per cent deposit to qualify for the lowest rate. NAB's offering is less competitive compared to other major banks. Borrowers are urged... more
May 6, 2025 6:00 PM
— Interest Rates
China announces sweeping measures to ease policy in bid to shore up trade-war hit economy
China's central bank and financial regulators announced policy steps including interest rate cuts to bolster the economy amid trade worries. The measures include reducing mortgage rates for first-time homebuyers by 25 basis points. These measures may have limited impact on boosting credit demand as borrowing has been insensitive to interest rates. China is also preparing more measures to support s... more
May 6, 2025 3:00 PM
— Mortgage Fraud
Fannie, Freddie to 'talk to each other' to combat fraud
The article discusses the Federal Housing Finance Agency's decision to allow Fannie Mae and Freddie Mac to collaborate in order to combat fraud, despite being competitors in the mortgage space. The agency has also made fraud a priority, introducing new measures such as a mortgage fraud tip line and potential loan recalls. The article also mentions that mortgage rates remained stable despite some m... more
May 6, 2025 2:00 PM
— Treasury Rates
10yr Auction to The Rescue
The recent 10-year Treasury auction had a strong outcome, leading to a drop in yields and an improvement in Mortgage-Backed Securities (MBS). This resulted in mortgage rates becoming more favorable for home buyers. Despite the upcoming Fed announcement, where no rate cut is expected, the market is currently in rally mode with MBS up a quarter point and 10-year Treasury yields down. This positive m... more
May 6, 2025 12:00 PM
— Housing Market
Do mortgage rates go down in a recession?
The article discusses the possibility of a recession and its potential impact on mortgage rates. Historically, mortgage rates tend to decrease during a recession as investors shift to government bonds, pushing yields down. However, the article notes that the current economic shock that may trigger a recession could also lead to inflation, potentially preventing a significant decrease in mortgage r... more
May 6, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Improve Slightly After Starting Out Flat
Mortgage rates were unchanged in the morning due to an improvement in the bond market, but changed slightly lower after a 10yr Treasury auction in the afternoon. Mortgage rates are closely tied to the bond market, and any changes in Treasury securities can impact mortgage rates. A strong reception for the Treasury auction is positive for rates in general, but economic data and fiscal developments ... more
May 6, 2025 10:00 AM
— Mortgage Rates
Mortgage rates aren’t poised to plummet anytime soon
The article discusses the current state of the housing market in 2025, with mortgage rates remaining higher than desired by Americans. The Federal Reserve is unlikely to lower interest rates, and economic uncertainty is causing potential homebuyers to be cautious. Pending home sales are down and median prices have dropped, causing concerns for real estate and mortgage professionals. Despite these ... more
May 6, 2025 9:00 AM
— Mortgage Lenders
STRATMOR's Tech Survey Results; Commercial Appraisal, Non-QM Investor, Compliance Tools
The article discusses various topics related to the mortgage industry, including the MBA National Secondary conference in Manhattan, the use of AI technology in legal work, and the priorities outlined by the CFPB. It also mentions technology survey findings from STRATMOR and the selection of ICE Mortgage Technology's MSP system by UWM for loan servicing. The article also includes information about... more
May 6, 2025 8:00 AM
— Bond Markets
2-Way Trading, Slightly Weaker Start
The article discusses how bond yields have been fluctuating, with a gradual rally in the morning leading to modest strength by 9am ET. The focus is on German political developments, particularly the election of Chancellor Merz. This has had an impact on German bunds and US Treasuries, with the latter finding a supportive ceiling. Mortgage rates are likely to be influenced by these movements in bon... more
May 6, 2025 7:00 AM
— Mortgage Rates
The Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your borrowing costs
The article discusses how the Federal Reserve is expected to hold interest rates steady despite pressure from President Trump. The uncertainty caused by trade policies and inflation forecasts is making the Fed hesitant to cut rates. High prices and borrowing costs are impacting consumers, while the potential effects of a trade war are causing concern. Mortgage rates have seen a slight decline, but... more
May 6, 2025 3:00 AM
— Mortgage Rates
30-Year Mortgage Rates Jump Higher
The article discusses how mortgage rates have been fluctuating, with 30-year rates rising to 6.95% and 15-year rates rising to 5.97%. The rates are influenced by various macroeconomic factors, including the Federal Reserve's bond-buying policies and interest rate adjustments. Home buyers are advised to shop around for the best rates and consider factors such as credit score and income when securin... more
May 6, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 6, 2025: Rates inch up before Fed meeting
The article provides information on current mortgage rates, noting that most rates have increased recently. It suggests that the Federal Reserve's upcoming decision on cutting the federal funds rate could impact mortgage rates either staying steady or increasing. The article also discusses the difference between 15-year and 30-year mortgage rates, emphasizing that shorter terms can save money in t... more
May 5, 2025 3:00 PM
— Bond Markets
Selling Spree Continues, But Gently
The article discusses bond trading and how traders were focused on the ISM Services Index. The index moved slightly higher and did not provide enough fuel for bond bulls, leading to a three-day selling spree. This caused 10-year yields to rise above the 4.34 technical level. Mortgage-backed securities were down slightly and 10-year yields were up, indicating an increase in mortgage rates. This wou... more
May 5, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Roughly Unchanged to Start New Week
On Monday, mortgage rates were slightly impacted by economic data leading to some weakness in the bond market. While this would usually result in higher mortgage rates, the damage was minimal. Mortgage rates do not change in real time, as lenders set rates in the morning and only adjust them if the bond market experiences significant volatility. This means that while a few lenders raised rates on ... more
May 5, 2025 10:00 AM
— Housing Market
The 12 housing markets where mortgage payments are seeing the steepest declines
In certain markets across the US, housing costs are declining, with the median monthly mortgage payments for borrowers decreasing in 12 out of 50 major metropolitan areas. This decline is partially attributed to falling home prices in some areas, as demand has cooled off due to economic uncertainty. Sellers are more willing to negotiate and offer concessions or lower prices. This is good news for ... more
May 5, 2025 9:00 AM
— Housing Market
Pre-Qual, Fee Collection, Jumbo, Software Designing Tools; Training, Webinars, and Events This Week
The article discusses the significance of Cinco de Mayo and reflects on the Battle of Puebla in Mexico. It mentions the rise in Hispanic home ownership rates in the US and the impact on lenders. It also highlights the mortgage rates in Mexico and the country's homeownership statistics. The article includes information about various events, training, and webinars related to the mortgage industry. A... more
May 5, 2025 9:00 AM
— Mortgage Industry Services
A Sticky Problem: FHA Delinquencies, Rising Tax Bills and Insurance Costs
The article discusses the rising trend in mortgage rates, which is expected to continue in the near future. This increase in mortgage rates is attributed to various factors such as inflation and economic growth. As a result, home buyers may face higher borrowing costs, making it more expensive to purchase a home. This can potentially impact the affordability of homes for buyers, leading to a slowd... more
May 5, 2025 7:00 AM
— Treasury Rates
Another ISM Report That Wasn't Weak Enough to Help Bonds
The ISM Services PMI report was released this morning and showed higher results than expected. This, along with strong Treasury auction cycles and the upcoming Fed announcement, has led to an increase in selling pressure and a rise in yields back to the top of the range seen in March. This could lead to an increase in mortgage rates, which may impact home buyers looking to purchase a property.
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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.