Mortgage News
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Showing 3409 - 3432 of 3744 results
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
May 20, 2025 7:00 AM
— Bond Markets
Budget Battle Hitting Bonds Amid Empty Calendar
The bond market is experiencing movement cues from sources other than economic data, such as corporate bond issuance and budget battle news. Bonds are protesting a lack of fiscal restraint and are concerned about potential higher Treasury issuance.
May 20, 2025 4:00 AM
— Interest Rates
What America's Latest Credit Downgrade Means For Mortgage Rates
Moody's downgrade of the U.S. sovereign credit rating is expected to result in higher borrowing costs on mortgages as yields on 10-year treasuries, which impact mortgage rates, are sensitive to credit downgrades. The average rate on a 30-year fixed mortgage has already been hovering around 7% this year.
May 20, 2025 3:01 AM
— Mortgage Lenders
Mortgage brokers say FHA changes, inventory are key hurdles
Mortgage brokers are tired of the focus on elevated interest rates, as they believe other factors like changes in policy at the Federal Housing Administration are impacting their business more. The Federal Housing Finance Agency chief discussed an alternate agency name and the impact of explicit guarantees for Fannie Mae and Freddie Mac on agency MBS. Foreclosure rates rose across all loan types a... more
May 20, 2025 3:01 AM
— Mortgage Lenders
Rocket, Mr. Cooper merger: HMDA data reveals market impact
Rocket Mortgage is acquiring Mr. Cooper in a deal that could potentially impact mortgage production. While Mr. Cooper's servicing strength may help Rocket compete with its rivals, the acquisition alone may not immediately change Rocket's ranking. Regulatory approvals are expected in 2025 for the acquisition. Other topics mentioned include the Consumer Financial Protection Bureau's rule rescission ... more
May 20, 2025 3:01 AM
— Mortgage Finance
April, An Exceedingly Strong Month for Ginnie Issuance
The article discusses the importance of understanding the current trends in the housing market in order to make informed decisions in regards to mortgage lending. It emphasizes the impact of various factors such as mortgage rates and bond markets on the overall health of the housing market.
May 20, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 20, 2025: Rates jump following Moody's U.S. debt downgrade
Mortgage interest rates have increased due to Moody's decision to downgrade the US credit rating, which led to a jump in Treasury yields. Refinance rates are typically higher than purchase rates, and a mortgage calculator can help determine monthly payments. While 15-year mortgage rates are lower than 30-year rates, monthly payments are higher. Economists do not expect significant mortgage rate dr... more
May 20, 2025 2:00 AM
— Interest Rates
China cuts key mortgage rate to spur property market. Is a rebound in sight?
China slashed a key reference rate for mortgage loans by 10 basis points in an effort to stabilize the property market, but analysts believe the cut may not be enough to revive the struggling sector. This action is part of broader efforts to revive China's real estate sector, which has been a persistent drag on the economy.
May 19, 2025 6:00 PM
— Interest Rates
China cuts benchmark lending rates for the first time in 7 months in Beijing's growth push
China cut its key lending rates by 10 basis points in an effort to boost its economy amidst easing trade tensions and a stronger yuan. This marked the first rate reduction since October. The rate cuts aim to lower key lending rates, with the 5-year LPR serving as a benchmark for mortgage rates. Further rate cuts are expected by the end of the year. The stimulus measures announced by Beijing includ... more
May 19, 2025 3:01 PM
— Mortgage Lenders
FHFA's Pulte defers to a higher authority on conservatorship
Bill Pulte, the director of the Federal Housing Finance Agency, has made significant changes during his tenure, from altering the boards of Fannie Mae and Freddie Mac to prioritizing fraud prevention initiatives. He has not provided any hints about the potential exit of Fannie Mae and Freddie Mac from conservatorship, leaving that decision to President Trump.
May 19, 2025 3:00 PM
— Mortgage Finance
Denial Rates on Conventional-Conforming Mortgages Steady
The article discusses the recent trends and updates in the mortgage industry.
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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.