Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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Showing 337 - 360 of 2270 results
Oct 3, 2025 2:24 PM
— Mortgage Rates
Mortgages with rates at or above 6% hit 10-year high
The share of homeowners in the United States with mortgage rates of at least 6% hit a 10-year high. Additionally, there were more sellers than buyers in the market last month, with August's views on buying conditions and rates increasing over July. U.S. homeownership has slipped year-over-year, while contract rates on 30-year mortgages fell 15 basis points.
Oct 3, 2025 11:34 AM
— Mortgage Rates
Bond yields sank — so why aren't mortgage rates following?
The article discusses the mixed picture in mortgage rates emerging after the start of the U.S. government shutdown. The 30-year fixed rate mortgage experienced fluctuations, including declines and increases, influenced by factors such as the Federal Reserve meeting and movements in the 10-year Treasury yield. Various sources reported different changes in mortgage rates, with some predicting a redu... more
Oct 3, 2025 11:33 AM
— Mortgage Lenders
Homeowners sue D.R. Horton over hidden mortgage costs
A group of homeowners filed a class action lawsuit against the largest homebuilding company in the United States and its mortgage lending subsidiary over alleged deceptive mortgage schemes. The lawsuit accuses Village Capital of failing to pay full price for servicing assets and refusing to reimburse Change for a large Ginnie Mae payment.
Oct 3, 2025 11:32 AM
— Mortgage Finance
No Easy Way Out for VA Prepay Speeds at Ginnie
The article discusses the latest trends and developments in the mortgage market, including changes in interest rates and mortgage lending. It highlights how these factors are impacting borrowers and the overall housing market.
Oct 3, 2025 11:31 AM
— Mortgage Rates
30-year mortgage rates increase - How long will rates stay here? | Today's mortgage and refinance rates, October 3, 2025
National mortgage rates have increased, with average rates for 30-year fixed, 5/1 ARMs, and jumbo loans rising. The Federal Reserve lowered the federal funds rate, but mortgage rates still increased. Various factors such as the yield on 10-year Treasurys, jobs, inflation, and a federal budget deal deadline have contributed to the rise in rates. Current average rates for 30-year fixed, 15-year fixe... more
Oct 3, 2025 9:25 AM
— Credit Score Impact on Mortgage Rates
How to shop for a mortgage without hurting your credit score
Shopping around with multiple lenders for the best mortgage rate is important, but it can negatively impact your credit score due to hard credit inquiries. Preapprovals involve hard credit checks, while prequalifications involve soft credit inquiries. It's important to compare offers within a 45-day timeframe to minimize the impact on your credit score. It's also advised to wait until after closin... more
Oct 3, 2025 8:25 AM
— Mortgage Finance
MBS/ABS Issuance Gains in 3Q25, Agency 1F Slowing
The article discusses the latest trends in the housing market and how they are impacting mortgage lenders. It highlights the increasing demand for mortgages due to low interest rates and a competitive housing market. Mortgage lenders are experiencing a surge in loan applications, prompting them to expand their staff and streamline their processes to meet the high demand.
Oct 3, 2025 6:28 AM
— Mortgage Finance
Mixed Trends in Securitization Rate for Residential Mortgages
The article discusses recent changes in the housing market and how they are impacting mortgage lenders. It mentions an increase in demand for mortgages due to low interest rates and a surge in homebuying activity. However, it also highlights challenges faced by lenders such as rising competition and tightening lending standards.
Oct 3, 2025 3:26 AM
— Mortgage Lending
FICO's new pricing program met with cautious optimism
Fair Isaac Corp. is introducing a new program that allows mortgage resellers to deliver FICO credit scores directly to lenders, bypassing the major credit bureaus and potentially reducing costs. The government can potentially lower closing costs, offer tax incentives, and reduce interest rates in various ways. Industry trade groups are cautiously optimistic about this shift.
Oct 2, 2025 11:34 AM
— Interest Rates
How potential changes to the GSEs could affect mortgage rates
Some government-sponsored enterprise reform models could potentially increase monthly mortgage payments by three or four figures, while others may have a limited downward effect. Housing experts discussed government support for long-term fixed-rate mortgages at a Cato Institute event. The potential Fed rate cut is creating hopes for lower mortgage rates, which could impact the mortgage market sign... more
Oct 2, 2025 7:27 AM
— Housing Market
Agencies issue shutdown-related guidance for lenders
A government shutdown due to a partisan budget divide has prompted bond investor activity that could lower mortgage rates and challenge the housing market. Various legal actions, including lawsuits, against lenders and homebuilders are also mentioned.
Oct 1, 2025 11:33 AM
— Mortgage Lenders
Mr. Cooper costs Rocket $5B more than first announced
Rocket Cos. has successfully acquired Mr. Cooper, increasing its valuation by nearly $5 billion. Investors in certain senior notes have been given a new expiration date for the closing of the tender offer and exchange. UWM's common stock price has increased significantly since July, and the company is now considering loans up to $819,000 as government-sponsored enterprise-eligible.
Oct 1, 2025 11:29 AM
— Mortgage Rates
Mortgage Rates Continue Holding Narrow Range
Mortgage rates were slightly lower this morning, but overall borrowers have not seen much change in the past week. Some lenders made mid-day rate changes due to weakness in the bond market. A government shutdown seems likely, leading traders to anticipate missing the upcoming jobs report. Despite morning economic data showing job openings remaining low and consumer confidence falling, bond market ... more
Sep 30, 2025 12:24 PM
— Housing Market
Survey: 1 in 6 Aspiring Homeowners Have Given Up
Home prices are near record highs and mortgage rates have increased, leading to discouragement among homebuyers. A Bankrate survey found that 16 percent of aspiring homebuyers have given up on purchasing a home due to affordability challenges. Younger generations feel they have fewer financial opportunities compared to older generations. Despite the difficulties, buyers are encouraged to expand th... more
Sep 30, 2025 11:33 AM
— Government Shutdown Impact on Mortgage Lending
New dangers for housing in looming shutdown: How mortgage lenders can prepare
The looming government shutdown has led to a flight into treasury bonds, putting downward pressure on financing costs. Lenders are shifting tactics to keep loans moving amidst the shutdown affecting key housing programs.
Sep 30, 2025 8:24 AM
— Bond Markets
Stronger Start on Downbeat Data
There is no new information on the potential government shutdown, but betting markets indicate increased odds. The impact of the shutdown on bond markets is related to the availability of economic data, with a potential lack of a jobs report. Other reports, such as Chicago PMI and Consumer Confidence data, are still capable of influencing the market.
Sep 30, 2025 4:23 AM
— Mortgage Rates
Michigan woman resisting giving up 2.8% mortgage rate to move in with husband — Ramsey Show hosts say it’s a no-brainer
The article discusses a woman named Lauren who is debating whether or not to keep her house with a low mortgage rate and rent it out. The hosts of The Ramsey Show advise her to sell the house and use the equity to buy a new property with her husband, rather than being an absentee landlord. They emphasize that building equity together is more important than holding onto a low interest rate mortgage... more
Sep 30, 2025 3:23 AM
— Mortgage Rates
Mortgage and refinance interest rates today, September 30, 2025: The 30-year takes a nice dip
Mortgage rates are currently lower for long-term loans and slightly higher for shorter ones. The 30-year fixed rate is at 6.36%, down 11 basis points, while the 15-year fixed rate is at 5.69%. Refinance rates are typically higher than purchase rates. Economists do not foresee significant drops in mortgage rates before the end of 2025, with small fluctuations expected based on various financial fac... more
Sep 29, 2025 3:24 PM
— Bond Markets
Waiting on Details as Bonds Reinforce The Range
The bond market had a forgettable trading day with only notable volume and volatility at the NYSE open. Yields were flat but slightly stronger starting at 4am ET. The main focus was on a meeting between Trump and congressional leaders on the government shutdown, but there was no market reaction. Overall, MBS were up 3 ticks and the 10-year yield was down.
Sep 29, 2025 1:24 PM
— Interest Rates
Mortgage Rates Hold Flat to Start New Week
The bond market and interest rates remained stable as investors awaited clarity on a potential government shutdown this week. The absence of this Friday's jobs report, due to the shutdown, would impact the rate market significantly. Last month's jobs report helped push rates to the lowest levels in nearly a year, but other economic reports have since shifted direction. Future jobs reports will be ... more
Sep 29, 2025 10:23 AM
— Mortgage Rates
For Homeowners Who Bought When Mortgage Rates Were Below 3%, Today's Market Is Paralyzing. Some Say '2.5% Is Basically Free Money'
During the pandemic, many homeowners took advantage of ultra-low mortgage rates, locking in deals that now seem like once-in-a-lifetime opportunities. However, with rates now above 6%, some feel stuck and unable to upgrade, upsize, or relocate. Some homeowners on Reddit expressed a desire to hold onto their current properties due to the low rates, even considering turning them into rentals. Others... more
Sep 29, 2025 9:24 AM
— Mortgage Finance
Short Takes: MSR Marking Time / Higher Rate Portfolios? / What Might PE Firms Do? / OceanFirst's (Sort Of) Exit / Fannie Director Departs
The article discusses the latest trends and updates in the mortgage industry.
Sep 29, 2025 9:23 AM
— Mortgage Rates
Here's how much a $300,000 mortgage costs monthly now that the Fed cut interest rates
The Federal Reserve's decision to lower its benchmark rate has led to a significant drop in mortgage rates, making it more affordable for homebuyers. With rates at a three-year low, borrowers are seeing substantial savings on monthly payments and long-term interest costs compared to previous years. Refinancing options have also become more attractive for current homeowners with higher mortgage rat... more
Sep 29, 2025 7:24 AM
— Mortgage Rates
Volatility Potential Hinges on Shutdown Odds
The jobs report, which is typically a key indicator for mortgage rates, may be delayed if a government shutdown is announced on Wednesday. Bond markets are currently stronger as traders await news from an afternoon meeting between Trump and congressional leaders regarding the shutdown.
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 400 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 400 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.