Mortgage News
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Showing 697 - 720 of 2265 results
Sep 4, 2025 7:23 AM
— Bond Markets
Mixed Data. Mixed Reaction
Thursday morning's economic data included claims, layoffs, ADP, and ISM Services. Overnight movement was more significant than during the day. ADP was slightly weaker than expected, but bond buyers didn't react strongly. ISM was slightly stronger, but weak employment and price decreases tempered the bond-bearish message. The data isn't weak enough to positively impact Friday's jobs report, but als... more
Sep 4, 2025 3:24 AM
— Mortgage Lending
Processing, AML, Prospecting Tools; Pennymac's Non-QM News; LOs and Database Importance
The article discusses the current situation in the mortgage industry with a focus on commercial mortgage-backed securities delinquency rates, home equity demand, underwriting processes, and new products and services for lenders. It also mentions a marketplace for vendors in the mortgage industry and updates on non-QM and HELOC products.
Sep 3, 2025 2:26 PM
— Bond Markets
Straightforward Data-Driven Rally
The bond market had a straightforward day with unchanged trading levels initially. Friendly Fed comments and low job openings reported by JOLTS data led to gains in bonds. The recent job report's weakness was confirmed by the JOLTS data. If Thursday's data is also weak, bond yields may challenge recent lows.
Sep 3, 2025 1:30 PM
— Interest Rates
Mortgage application activity decreases despite lower rates
Despite the lowest interest rates in months, mortgage application volume declined for the third straight week leading up to Labor Day. The drop in refinance applications outweighed the increase in purchase volume as conventional rates rose week-over-week. The 30-year conforming fixed rate mortgage reached its lowest point since October 17th, partially due to bond traders pricing in a reduction in ... more
Sep 3, 2025 1:28 PM
— Mortgage Finance
Short Takes: Purchase-Mortgage Demand Cools / Rate Cut a Marketing Opportunity / PennyMac Launches Non-QM Offerings / Number of Homeowner Households Declines
The article discusses the various design, CMS, hosting, and web development aspects related to Inside Mortgage Finance Publications in 2025.
Sep 3, 2025 1:27 PM
— Bond Markets
Still in The Range as Bonds Wait For Bigger Influences
Bonds were weaker to start the month, especially after the start of European trading. There was a strong correlation between EU sovereign debt and Treasuries. Yields remained within the prevailing range, and upcoming economic data could challenge that range.
Sep 3, 2025 1:27 PM
— Bond Markets
JOLTS Data Bringing The Buyers
Bonds were flat to slightly stronger overnight but rallied after the JOLTS data, which showed a new cycle low for job openings. MBS gained about an eighth of a point and 10yr yields dropped about 3 bps. Friendly Fed comments from Waller, including the possibility of rate cuts at the next meeting and multiple cuts in the future, also helped push bond prices higher.
Sep 3, 2025 1:27 PM
— Mortgage Rates
Refi Demand Improves While Purchase Applications Edge Lower
Mortgage applications decreased slightly, with the 30-year fixed rate dropping to 6.64%. Refinance applications increased slightly, with FHA and VA refinances driving the growth, but conventional refinances declined. Purchase activity also decreased after several weeks of increases.
Sep 3, 2025 1:26 PM
— Mortgage Rates
Mortgage Rates Officially Hit 11-Month Low
Mortgage rates experienced a significant spike on October 4th due to a jobs report, leading to 30yr fixed rates moving over 7.25% in January. However, rates have since dropped back down and are currently at their lowest point in 11 months, with potential for further fluctuation based on upcoming jobs reports.
Sep 3, 2025 1:26 PM
— Mortgage Rates
Mortgage rates hit a new 2025 low after soft job openings report
Mortgage rates decreased to a year-to-date low of 6.49% after job openings data came in below expectations, leading to more unemployed workers than job openings. This has put a September rate cut and lower mortgage rates in play.
Sep 3, 2025 1:25 PM
— Housing Market
Seller beware: Homebuyers are canceling more real estate deals than ever
Due to rising mortgage rates, higher costs of ownership, and increased inventory in the housing market, homebuyers are hesitating and backing out of deals more frequently. Buyers are taking advantage of the current market conditions by being more selective, negotiating lower prices, and requesting concessions. The trend of canceled home purchase agreements is expected to continue into the rest of ... more
Sep 3, 2025 1:25 PM
— Mortgage Rates
Mortgage and refinance interest rates today, September 3, 2025: A small reversal in direction
The average 30-year fixed mortgage rate is 6.45% and the 15-year rate is 5.58% according to Zillow. Various mortgage rates are provided including 20-year fixed, 5/1 ARM, 7/1 ARM, and VA loan rates. The article also discusses the pros and cons of different mortgage term lengths and types like 15-year and adjustable-rate mortgages. Mortgage rates are expected to remain stable in the near future.
Sep 3, 2025 1:23 PM
— Housing Affordability
The U.S. housing market is ‘finally starting to listen’ to homebuyers
After years of high mortgage rates and home prices, the housing market in the U.S. is showing signs of improvement. Mortgage rates have trended lower, home price growth is slowing, and household incomes are increasing. The Real House Price Index (RHPI) from First American indicates that housing affordability has improved, although it remains higher than pre-pandemic levels. While the market is sti... more
Sep 3, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Rise Slightly, Still Near 11-Month Low
The article discusses the current state of mortgage rates, mentioning that rates have been low since mid-October 2024. It also touches on the affordability of homes based on the median family income and home prices. The Federal Reserve's decision to potentially cut rates is mentioned, but it is noted that mortgage rates are influenced by investor appetite for 10-year Treasury bonds. The article al... more
Sep 3, 2025 9:24 AM
— Housing Market
KBW lowers its Fannie Mae, Freddie Mac profit projections
Keefe, Bruyette & Woods expects decreased earnings per share potential for Fannie Mae and Freddie Mac as the possibility of a release from conservatorship rises. Analysts are uncertain about the reality of a public offering from President Trump's social media, which could value the mortgage giants at $500 billion or more. Both companies have updated their policy on disclosures and retention rules.... more
Sep 3, 2025 6:25 AM
— Interest Rates
Wall Street Prime Rate | WSJ Current Prime Rate Index
The article explains that The Wall Street Journal surveys large banks to set the consensus prime rate, which is the rate at which banks lend money to their most-favored customers. The prime rate will move up or down in line with changes by the Federal Reserve Board. Banks use the prime rate to set rates on consumer loan products like credit cards or auto loans.
Sep 3, 2025 3:24 AM
— Mortgage Rates
Don’t shortchange investments to buy a house — even at today’s rates
The article discusses how many Americans are cashing in stock holdings to buy homes due to the combination of the stock market setting records, rising home prices, and mortgage rates above 6.5 percent. It explains the benefits of taking out a mortgage instead of paying cash for a home, even with higher interest rates. The article also highlights the importance of balancing mortgage payments with i... more
Sep 3, 2025 3:24 AM
— Mortgage Rates
30-year mortgage rates decrease: When will rates retreat? | Today's mortgage and refinance rates, September 2, 2025
Average mortgage rates for 30-year fixed, 15-year fixed, and 5/1 ARM have decreased. The likelihood of a Federal Reserve rate cut has caused these changes, but the correlation between Fed rate cuts and mortgage rate changes is not always consistent. The current average rates for various mortgage types have been listed, and the Mortgage Rate Variability Index indicates more stability in mortgage of... more
Sep 2, 2025 1:29 PM
— Mortgage Lenders
Fairway rebrands with focus on end-to-end lending
Fairway Independent Mortgage refreshed its branding, changing its name to Fairway Home Mortgage. The company, founded in 1996 by CEO Steve Jacobson, has experienced growth by adding regional branches throughout the country. Fairway has been successful in retaining staff long-term, in part due to being employee-owned. Their rebrand is part of a larger plan to build an ecosystem promoting homeowners... more
Sep 2, 2025 1:28 PM
— Mortgage Finance
Short Takes: Tariffs and Interest Rates / Figure IPO Could Raise Around $500 Million / Bank Launches Non-QM Offerings in Wholesale Channel / NYMT Rebrands to Adamas Trust
The article discusses the latest trends in the mortgage market as of 2025.
Sep 2, 2025 1:27 PM
— Bond Markets
Bonds Dealing With Holiday Hangover Despite Friendly Data
EU inflation came in higher than expected, leading to bond yields in several EU countries reaching long-term highs. Speculation about the legality of tariffs could result in tariffs needing to be paid back, potentially hurting the bond market. U.S. bond market is showing some weakness with 10yr yields starting the day 7bps higher, but weaker ISM Manufacturing data is helping to offset some losses.
Sep 2, 2025 1:27 PM
— Mortgage Rates
Mortgage Rates Slightly Higher to Start September
Mortgage rates experienced some market movement on the first and last trading days of the month due to a variety of reasons, including European bond performance and speculation about legal challenges to Trump tariffs. Despite the movement, rates only increased by 0.03%, keeping them at the lowest levels since October 2024.
Sep 2, 2025 1:25 PM
— Interest Rates
How low will mortgage rates fall with a September Fed rate cut? Here's what to know.
In September 2025, there is anticipation for a new interest rate reduction by the Federal Reserve due to concerns over unemployment and inflation. While this might impact various products and loans, the focus is on the mortgage and mortgage refinance climate. However, the impact on mortgage rates may be minimal at first, with only a 25 basis point cut expected, leading to rates in the range of 4.0... more
Sep 2, 2025 8:24 AM
— Mortgage Lending
Loss Mit, Data Mining, Pre-Approval Letter Tools; jumbo, HELOC, Non-Agency News; Watch Those Student Loans
On today's episode of Advisory Angle, experts discuss the importance of home equity products in the current mortgage landscape. They also touch upon the impact of student loan delinquencies on mortgages and upcoming loss mitigation requirements for servicers.
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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.