Mortgage News
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Showing 2761 - 2784 of 2890 results
May 5, 2025 7:00 AM
— Mortgage Rates
Will mortgage rates fall after this week's Fed meeting?
The article discusses the Federal Reserve's upcoming meeting to determine interest rates, which will impact borrowers and savers. While a rate cut is unlikely this month, there is a chance it could happen in June. Mortgage rates have been elevated, and a potential rate cut could ease borrowing for homebuyers and homeowners looking to refinance. It is recommended that buyers monitor rates daily for... more
May 5, 2025 6:00 AM
— Housing Market
Your Emergency Fund Should Be $35,000. Here's Why.
The article discusses the importance of having an emergency fund of $35,000, which is the estimated cost of six months' expenses for the average household. Economic uncertainty, including concerns about tariffs, market volatility, and a potential recession, make having an emergency fund more crucial. Most people rely on their savings in emergencies. The article also breaks down the costs associate... more
May 5, 2025 5:00 AM
— Interest Rates
When does the next Fed meeting take place?
The article discusses the recent actions of the Federal Open Market Committee (FOMC) in adjusting the federal funds rate, including a series of rate cuts in 2024. It also highlights the upcoming FOMC meeting in May 2025, where experts expect the Fed to hold the rate steady. The article suggests that home buyers should consider locking in high rates for CDs, refinancing fixed-rate loans, and timing... more
May 5, 2025 5:00 AM
— Housing Market
Home values expected to drop the most in these CA cities, Zillow says. How much?
The article at the provided link is either temporarily down or has been permanently moved to a new web address.
May 5, 2025 5:00 AM
— Housing Market
The flagging economy is hurting the housing market
The webpage at the provided URL is currently unavailable, possibly due to technical issues or the page being moved to a new address.
May 5, 2025 4:01 AM
— Mortgage Rates
Most rates decrease ahead of Fed meeting | Today's mortgage and refinance rates for May 5, 2025
Mortgage interest rates were mostly lower compared to the previous week, according to Bankrate data. Rates for 30-year fixed, 15-year fixed, and jumbo mortgages declined, while rates for adjustable rate mortgages increased. The April employment report showed strong job growth and low unemployment, leading experts to believe the Federal Reserve will keep its benchmark rate unchanged in the upcomin... more
May 5, 2025 3:00 AM
— Federal Reserve Meeting Impact on Mortgage Rates
Why this week’s Fed meeting is critical for mortgage rates
The article discusses the upcoming Federal Reserve meeting that could impact the housing market in 2025 and 2026. There is speculation about potential rate cuts and the influence of President Trump on Fed policies. Factors such as inflation data, trade wars, and labor market conditions are being closely monitored. The article suggests that a shift in the Fed's stance, particularly towards prioriti... more
May 5, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance rates today, May 5, 2025: Don't expect lower rates after the Fed meeting
The article discusses the current increases in mortgage rates, with the average 30-year fixed rate at 6.70%. The Federal Reserve meeting is not likely to result in a rate cut, so home loan rates may not drop in the near future. The article provides information on current mortgage rates and refinance rates, emphasizing the importance of considering factors such as term length and interest rates whe... more
May 4, 2025 9:00 PM
— Mortgage Lenders
High mortgage rates and tariff uncertainty drag on US housing market
The article discusses how mortgage rates are rising, impacting home buyers. It mentions that a recently released survey shows that mortgage rates have reached their highest level in nearly seven years. This increase in rates may make it more difficult for some potential home buyers to afford a new home. Experts warn that rising mortgage rates could reduce the number of people looking to purchase a... more
May 4, 2025 5:00 AM
— Property Taxes
Property tax rates by state: What to expect in your area
Property taxes are an additional regular expense for homeowners beyond mortgage payments and vary based on location. They are calculated based on the value of your home and are levied at a local level. Property taxes can be reassessed annually and some homeowners may be overassessed. There are ways to potentially decrease property taxes, such as paying in a lump sum or requesting a reassessment.
May 3, 2025 11:00 AM
— Bond Markets
Data Dependence is Back, But Not in A Fun Way
The article discusses the return of data dependence in the bond market, with economic data influencing bond yields. Recent data has been better than expected, leading to higher yields and stock prices. Mortgage-backed securities have experienced selling and weakness, with mortgage rates increasing. This could impact home buyers by making mortgages more expensive.
May 3, 2025 5:01 AM
— Mortgage Rates
Ginnie Mae Removals Slow in First Quarter as Payoffs Drop
The article discusses the current state of mortgage rates and their impact on home buyers. It indicates that mortgage rates have been steadily increasing, reaching a level that is causing concern among potential home buyers. The rise in mortgage rates is making it more expensive for buyers to afford a home, leading to a decrease in overall home sales. Additionally, the article suggests that the in... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage Applications Contract Slightly, But Remain Above 2 Year Average
Mortgage rates have been falling, with additional decreases during the first half of the week. Despite this, there has been hesitation among home buyers, as reflected in the Mortgage Bankers Association's mortgage application survey. The increase in rates at the beginning of the week has led to modest drops in both refinance and purchase indices. MBA notes that demand for purchase applications rem... more
May 3, 2025 5:00 AM
— Mortgage Rates
30-Year Refinance Rates Move Lower
Mortgage rates have been fluctuating in a narrow range, with the 30-year refinance average currently at 7.03%, down from a peak in April. Rates for other refinance loan types have also moved down slightly. These rates are influenced by factors such as the Federal Reserve's bond-buying policy and interest rate adjustments. Home buyers are advised to shop around for the best mortgage refinance optio... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage and refinance rates today, May 3, 2025: Rates rise in response to April jobs report
The article discusses the current mortgage rates, indicating that most rates have increased recently, with the average 30-year fixed rate at 6.70%. The increase in rates could be due to positive economic indicators, such as the April jobs report. The article explains how different mortgage types work, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages. It also provides advice on w... more
May 3, 2025 5:00 AM
— Mortgage Rates
Mortgage payments just hit a record high. See what the median U.S. house payment is right now
The article discusses how monthly housing costs in the U.S. have reached a record high, with the median monthly mortgage payment hitting $2,870. This is due to increasing home prices and high mortgage rates. The economic uncertainty surrounding President Trump's tariffs is also causing many potential buyers to hold off on purchasing a home. Mortgage rates are expected to remain high, with a slight... more
May 3, 2025 5:00 AM
— Interest Rates
Trump just said there's 'no inflation' in the US. But it's still higher than what the Fed wants.
President Donald Trump has been advocating for the Federal Reserve to cut interest rates, citing improvements in the economy such as lower gas prices, groceries, energy, and mortgage rates. However, despite Trump's claims, consumer prices have still been rising and inflation remains above the Fed's target of 2%. Mortgage rates have indeed decreased, but other statistics shared by Trump, such as ga... more
May 2, 2025 2:00 PM
— Interest Rates
Investor Demand for MSRs Expected to Remain Elevated
The article discusses how mortgage rates have been on the rise, reaching the highest levels in years. This increase in rates is expected to impact home buyers, making it more expensive to purchase a home. As a result, potential buyers may have to reconsider their budgets or search for more affordable housing options. The rise in mortgage rates is attributed to various factors, including inflation ... more
May 2, 2025 12:00 PM
— Housing Market
Home Price Appreciation Remains, But Interesting Trend Emerges
The article discusses recent trends in home prices as reported by the FHFA House Price Index and the Case Shiller Home Price Index. Both indices show that the average home is appreciating between 4 and 5 percent per year. While there has been some variation in monthly movements, the overall picture is relatively stable. The article notes a slight decrease in FHFA's index in February, which could b... more
May 2, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Are Actually Higher This Week
Mortgage rates fluctuated throughout the week, with a slight decrease mid-week followed by an increase back up to 6.90% by the end of the week. The increase in rates was attributed to a stronger than expected jobs report, which is seen as bad news for mortgage rates. This increase in rates may impact home buyers looking to secure a mortgage for a new home.
May 2, 2025 9:00 AM
— Mortgage Lending
LO/Borrower Engagement, HELOC, LO Tech Tools; Agency and Investor News; Fairly Strong Jobs Numbers
This article discusses various developments in the lending and mortgage industry, including the rise of AI-enabled mortgage lenders due to high rates and low volumes. It also highlights the impact of falling mortgage rates on home buyers and the housing market. Additionally, the article mentions changes in policies and procedures by agencies, investors, and lenders in response to directives from t... more
May 2, 2025 7:56 AM
— Mortgage Lenders
Short-Term Capital Gains Tax Rates for 2024-2025
The article discusses the differences between short-term and long-term capital gains tax rates and how they impact investors. It explains that short-term gains are taxed as ordinary income, while long-term gains are taxed at lower rates. The article also mentions the importance of planning ahead for tax implications when selling assets. However, the article does not directly discuss mortgage rates... more
May 2, 2025 7:39 AM
— Housing Market
Mortgage jobs dip, overall hiring points to stable rates
The article discusses the latest Bureau of Labor Statistics numbers, which show a positive gain in U.S. employment despite a tepid homebuying season. Mortgage rates are expected to remain within their current range as the Federal Reserve assesses economic growth and inflation concerns. Nonbank mortgage payrolls have slightly decreased, and there are concerns about economic weakness affecting futur... more
May 2, 2025 7:00 AM
— Bond Markets
Reasonably Strong Jobs Report. Reasonably Weak Reaction in Bonds
The article discusses how the bond market has reacted to the latest jobs numbers, with a stronger than expected report leading to a sell-off in bonds. This has pushed mortgage rates higher, impacting home buyers. Despite the positive jobs data, the economy is not necessarily sliding towards a recession, but the impact on mortgage rates is a concern for potential home buyers. Bond yields are expect... 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.