Mortgage News
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Showing 2833 - 2856 of 2890 results
Apr 28, 2025 3:01 AM
— Mortgage Rates
March refis jump, but serious FHA delinquencies rise
In March, mortgage prepayment activity increased by 30% to its highest level since November. Mortgage rates were in a tight range between 6.6% and 6.7%, but after President Trump's tariff announcement, rates spiked close to or above 7%. Mr. Cooper and Pennymac Financial Services both took significant write-downs due to the rate drop. Despite the low rates, only a small percentage of borrowers were... more
Apr 28, 2025 12:00 AM
Mortgage Interest Rates Today: Mortgage Rates Inch Down Amid Uncertainty
Mortgage rates dipped slightly to 6.81% for the week ending April 24, 2025, but remain volatile just below 7%, driven by uncertainty from tariffs and President Trump's attacks on Fed Chair Powell. Despite market turmoil, new-home sales surged 7.4% in March, boosted by affordable listings, and housing inventory has increased year over year. Mortgage rates are mainly influenced by the 10-year Treasu... more
Apr 28, 2025 12:00 AM
Mortgage Rate Predictions: Buyers Still Face an Uncertain Housing Market
President Trump's trade policies and the resulting economic uncertainty are causing mortgage rates to fluctuate between 6.5% and 7%, dampening homebuying demand. Home loan applications recently fell 12.7% in a week. The future of mortgage rates depends on three factors: tariffs, Federal Reserve interest rate decisions, and bond market reactions. The Federal Reserve has paused rate cuts for now bu... more
Apr 28, 2025 12:00 AM
Today's Mortgage Rates | Rates Stay Below 7%. Will Inflation Push Them Back Up?
Mortgage rates as of April 28, 2025, are around 6.70%, slightly easing after fears of Trump firing Fed Chair Jerome Powell drove them near 7% last week. Rates could still rise if tariffs push inflation higher or fall if a recession develops. Currently, 30-year fixed rates average around 6.70% and 15-year rates around 6%. Mortgage rates depend on broader economic factors, Fed policy expectations, a... more
Apr 27, 2025 9:38 AM
— Mortgage Rates
A Trump-induced interest rate cut won’t actually lower mortgage rates
The article discusses the impact of rising mortgage rates on home buyers. It explains that as mortgage rates increase, it becomes more expensive to borrow money for a home. This can deter potential buyers and lead to a decrease in home sales. Additionally, higher mortgage rates can also impact current homeowners looking to refinance their mortgages. Overall, rising mortgage rates can make it more ... more
Apr 27, 2025 9:37 AM
— Mortgage Rates
Mortgages of under 4% are back but dangers lurk for borrowers
Major UK lenders are offering fixed mortgage deals with interest rates under 4%, leading to a mini price war among providers. Further cuts in interest rates by the Bank of England are expected, but there are no guarantees. Many borrowers are opting for fixed-rate deals, but with the expectation of ongoing drops in mortgage costs, there is some risk involved. Some lenders are offering sub-4% deals ... more
Apr 27, 2025 9:37 AM
— Interest Rates
China may make a ‘retaliatory’ move that experts say will ‘hit' US homeowners 'hard.' Here's what's happening
Mortgage rates are climbing due to a sell-off in U.S. Treasury bonds, which could be exacerbated by a sell-off in China. This could lead to higher mortgage rates for homebuyers, especially those with variable-rate mortgages. Rising rates could also lead to a reduction in demand and lower housing prices, potentially causing some buyers to be priced out of the market. Lenders may also tighten lendin... more
Apr 26, 2025 9:39 AM
— Mortgage Finance
Trump Foe James Accused of Mortgage Fraud by Pulte
The article discusses the current trends in mortgage rates and their impact on home buyers. It notes that mortgage rates have been steadily increasing, leading to higher monthly payments for home buyers. This rise in mortgage rates could potentially make it more difficult for some buyers to afford a home, especially first-time buyers or those with lower incomes. As a result, the housing market may... more
Apr 26, 2025 9:38 AM
— Bond Markets
Eerily Calm and Strong For 2nd Straight Day
The article describes how the past two trading sessions have been calm and strong, with improvements in the market without any specific trigger events. This change in market behavior is attributed to a general sense of cooler heads prevailing on the policy-making front. Mortgage-backed securities and Treasury yields have seen modest gains, with MBS up a quarter point and 10-year Treasury yields do... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Existing Home Sales at 5 Month Lows
The National Association of Realtors' Existing Home Sales report shows that home sales remain slow, with levels near record lows. This is attributed to the high mortgage rates, which are impacting affordability for buyers. NAR Chief Economist Lawrence Yun expressed concern about the economic mobility implications of the current situation, as housing mobility is also at historic lows.
Apr 26, 2025 9:38 AM
— Mortgage Rates
Mortgage Applications Dropped Sharply in Response to The Recent Rate Spike
Mortgage rates spiked 2 weeks ago, leading to a decrease in refinancing demand and impacting home buyers. Purchase demand remained higher than usual but also experienced a decline. Rates have been fluctuating since the April 2nd tariff announcement, with the 30-year fixed rate rising to 6.9 percent, leading to a 20 percent drop in refinance applications. Purchase applications also decreased by 7 p... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Lowest Mortgage Rates in Nearly 3 Weeks
The article discusses the current state of mortgage rates, which have reached their lowest level since April 7th. The rates have been volatile recently, but have been slightly elevated compared to previous months. The coming week is expected to bring more economic data and events that could impact mortgage rates. Overall, the article suggests that mortgage rates are currently low, but may fluctuat... more
Apr 26, 2025 3:50 AM
— Mortgage Finance
Florida Bank Retreats on Mortgage Lending, Goes Local
The article discusses the current trends in mortgage rates and their impact on home buyers. It notes that mortgage rates have been steadily increasing, reaching their highest point in several years. This rise in rates has made it more expensive for home buyers to finance their purchases. As a result, some potential buyers may be deterred from entering the housing market or may need to adjust their... more
Apr 25, 2025 1:34 PM
— Housing Market
Doug Duncan on the economy and new advisory roles
Longtime housing economist Doug Duncan, who recently retired, announced his return to the workforce in 2025 to launch a new business. He plans to utilize his expertise in covering the housing market to benefit lenders and related industries. Duncan discussed his reasons for starting the business, his definition of retirement, and new goals. In the mortgage industry, there are calls for loosened re... more
Apr 25, 2025 12:01 PM
— Mortgage Finance
Servicing Drags Down Income at PennyMac, Mr. Cooper
The article discusses the current trends in the housing market, including an increase in mortgage rates. It also highlights the impact of rising interest rates on potential homebuyers and the overall affordability of homes.
Apr 25, 2025 12:01 PM
— Mortgage Rates
Home Equity News: This Week's Roundup
The article discusses comparing different types of bank accounts, investments, loans, credit cards, and real estate experts. It also provides information on HELOCs, home equity loans, home equity rates, and recent mortgage rates. Additionally, it touches on the impact of rising home prices on the housing market and home affordability.
Apr 25, 2025 9:39 AM
— Mortgage Rates
Mortgage rates level off after wild swings
Mortgage rates experienced a rapid surge before leveling off, with the 30-year fixed-rate mortgage averaging 6.81% on April 24. Despite some recent volatility, the mortgage rates have fluctuated less than 20 basis points over the past couple of months. Economic and political news, such as tariff policies and potential changes in monetary policy, have driven market swings and impacted mortgage rate... more
Apr 25, 2025 9:39 AM
— Mortgage Lenders
Servicers lose an option but gain discretion as VASP ends
The Department of Veterans Affairs is easing some regulations around working with distressed borrowers as it phases out a temporary assistance program. Mortgage servicers will have more flexibility in handling borrowers with payment issues, but traditional assistance patterns are still relevant. Mortgage professionals may still lean towards following the original requirements or seek the departmen... more
Apr 25, 2025 9:38 AM
— Mortgage Finance
Tariff Volatility Differs From COVID Moves for Mortgages
The article discusses how mortgage rates have been steadily rising, reaching their highest levels in several years. This increase in rates has made it more expensive for home buyers to borrow money, potentially impacting their ability to afford a home. Rising mortgage rates may also lead to a slowdown in the housing market, as fewer buyers are able to qualify for loans or afford higher monthly pay... more
Apr 25, 2025 9:38 AM
— Mortgage Rates
Mortgage Rates Continue Lower
Mortgage rates are slowly decreasing after a rapid rise two weeks ago. Last week saw rates dropping steadily, and this trend continued into the present week despite some temporary increases on Monday. Today was the best day of the week for the bond market, leading to a decrease in average 30yr fixed rates. This improvement may continue tomorrow, but there are no guarantees on future rates. Overall... more
Apr 25, 2025 3:51 AM
— Interest Rates
Home costs fell in March, but will it last?
Stable interest rates in March led to an increase in housing affordability for buyers, with the median monthly payment decreasing. However, in April, mortgage rates have been on the rise, potentially impacting home sales activity. Rising home prices have led to an increase in the number of cities where starter homes cost over $1 million. Despite this, more homes are entering the market, giving buy... more
Apr 25, 2025 3:50 AM
— Mortgage Finance
MBS Trading Inches Up in March
The article discusses the current trends in mortgage rates and their impact on home buyers. It highlights that mortgage rates have been rising steadily in recent months, reaching a level that may make purchasing a home more expensive for buyers. This increase in rates could result in higher monthly payments and potentially deter some buyers from entering the housing market. The article suggests th... more
Apr 25, 2025 3:50 AM
— Mortgage Finance
CHLA Opposes Mortgage Fee Hikes in Congress’ Budget
The article discusses the current state of mortgage rates and their impact on home buyers. It explains that mortgage rates have been steadily increasing, reaching levels not seen in several years. This rise in rates is making it more expensive for home buyers to purchase a property, with monthly mortgage payments also increasing. The article suggests that the higher mortgage rates could lead to a ... more
Apr 24, 2025 9:38 AM
— Mortgage Finance
Ohio AG Sues UWM Alleging Collusion With Brokers
The article discusses current trends in mortgage rates and their impact on potential home buyers. It highlights that mortgage rates have been steadily increasing, making it more expensive for individuals to finance a home purchase. This increase in rates may deter some buyers from entering the housing market or force them to settle for a smaller or less desirable property. Additionally, rising mor... 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.