Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
Showing 1081 - 1104 of 2233 results
Jul 29, 2025 2:00 AM
— Interest Rates
While the Fed kept its benchmark unchanged, here's what happened to consumer borrowing rates
The Federal Reserve is expected to keep its key short-term interest rate unchanged this month. This rate affects borrowing and savings rates for consumers. Credit card rates have slightly decreased, auto loan rates have seen little movement, and mortgage rates have hovered between 6.6% to 7.1%. President Trump believes higher rates are hindering economic growth, but experts say a rate cut may not ... more
Jul 28, 2025 6:00 PM
— Housing Market
Spreading housing market softness sees this $23 billion builder offer $50k incentives per sale
The article discusses how homebuilder PulteGroup has increased its incentive spending, particularly on mortgage rate buydowns, due to housing market softening and strained affordability. The company's gross profit has been compressed, but they continue to focus on attracting priced-out homebuyers through incentives and adjusting their sales strategies accordingly.
Jul 28, 2025 1:24 PM
— Mortgage Lenders
Barry Habib on his appointment to the Fannie Mae board
Barry Habib, a mortgage industry expert, was surprised and honored to be approached by the Federal Housing Finance Agency for a role on the Fannie Mae board. Habib's placement on the board followed his criticism of Federal Reserve Chairman Jerome Powell. The article also discusses the potential impact of employment numbers on the bond market and loan costs, as well as the regulatory environment su... more
Jul 28, 2025 1:01 PM
— Bond Markets
A No Reaction Sort of Day
There were no major economic reports on Monday, but events like Treasury auctions and borrowing estimates for Q3 and Q4 were expected to potentially influence the market. However, there was no significant reaction to these events, and mortgage-backed securities and 10-year yields remained relatively stable.
Jul 28, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Hold Perfectly Flat to Start New Week
Monday in the mortgage rate world saw little movement due to the lack of major economic data. Although there were some scheduled events like Treasury auctions and borrowing estimates, the market remained mostly unaffected by these factors.
Jul 28, 2025 11:00 AM
— Housing Market
A Warning Sign: Homeownership Rate Declines to Lowest Level Since 2019
The article discusses the decline in the homeownership rate to 65% in the second quarter of 2025, which is the lowest level since late 2019. Housing affordability is at a multidecade low due to elevated mortgage interest rates and tight housing supply. Homeownership rates dropped among almost all age groups, with renters increasing and owner-occupied households declining.
Jul 28, 2025 9:00 AM
— Housing Market
Warehouse, MSR Financing, Productivity Tools; Training and Webinars; ABA Interview
The article discusses the varied impacts of weather on different regions of the United States, leading to challenges for lenders and servicers in the real estate market. It also highlights how real estate values in areas like Florida, Phoenix, and Las Vegas can be subject to significant fluctuations, affecting Loan-to-Value ratios. Moreover, it mentions the increasing share of U.S. homes being pur... more
Jul 28, 2025 9:00 AM
— Housing Market
Housing market ‘purgatory’ for existing home sales as activity falls to lowest level in 9 months
U.S. existing home sales fell sharply in June 2025 to their lowest level in nine months due to elevated mortgage rates and record-high prices. Sales declined 2.7% from May, reflecting affordability challenges. Despite weak sales, home prices reached an all-time high, leading to an affordability squeeze. Inventory is slowly rebuilding, but undersupply persists, causing price cuts. NAR chief economi... more
Jul 28, 2025 8:00 AM
— Bond Markets
Slowest Day of a Very Busy Week
Despite the announcement of a US-EU bilateral trade deal, markets have not moved significantly. 10yr yields were briefly lower but are now slightly higher, possibly due to cautiousness surrounding US/China negotiations. This week features two big Treasury auctions a day earlier than normal, along with upcoming economic data releases and a Fed announcement. Rates have stagnated around 4.5% since la... more
Jul 28, 2025 6:00 AM
— Mortgage Lending
US Housing Market Posts Worst Spring Selling Season in 13 Years
The article discusses the importance of confirming that the user is not a robot in order to access further information on the website. It mentions the need for JavaScript and cookies support, as well as ensuring no blocking of such elements. The article also provides contact information for support inquiries.
Jul 28, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today for July 28, 2025: Rates have inched upward since last July
Current mortgage interest rates have remained somewhat flat this week, with the average 30-year fixed mortgage rate being 6.68% and the average 15-year fixed mortgage rate being 5.91%. Rates have increased since the previous year despite expectations of a decrease. To lock in a mortgage, one should focus on the timing rather than following interest rate trends. Factors like property taxes, homeown... more
Jul 27, 2025 10:00 AM
— Mortgage Security
Waiting for mortgage rates to fall before buying a home? Here's why you shouldn't
The website mentioned in the article is using a security service to protect itself from online attacks. Users may be blocked for actions like submitting certain phrases or SQL commands. The article advises users to email the site owner with the Cloudflare Ray ID if they believe they were mistakenly blocked.
Jul 26, 2025 10:00 AM
— Tax Law Changes Impacting Mortgages
Trump's 'Big, Beautiful Bill': Here's When Key Tax Laws Go Into Effect
The article discusses the recent tax law changes signed by President Donald Trump, including provisions such as an expanded child tax credit, increased SALT deduction, deduction for auto loan interest, bonus deductions for seniors and service workers, reduced income tax rates, changes to health care subsidies and qualifications for health savings accounts. The article also mentions clean energy ta... more
Jul 26, 2025 8:24 AM
— Tax Deductions and Mortgage Implications
Trump's New Car Loan Interest Deduction — Here's How To Qualify For A Tax Break
A new tax break allows car buyers to deduct up to $10,000 in auto loan interest annually from their federal income taxes. This deduction is in effect for new cars purchased from 2025 through 2028, part of legislation signed into law by President Trump. The tax break has income-based limits and begins to phase out for higher income households. Buyers can combine this deduction with the expiring ele... more
Jul 26, 2025 8:02 AM
— Bond Markets
Trade Headlines Trump Durable Goods Data, But Minimal Change Either Way
Bonds started strong but weakened in the overnight session. There was some selling in the first hour, but it did not align with the weaker-than-expected Durable Goods data at 8:30 am. The market moved more significantly after Trump made comments around 9am, including discussions on trade deals and interest rates. The volume spike and bond reversal may have been influenced by his comments.
Jul 26, 2025 8:00 AM
— Mortgage Rates
Treasury Market Sees No Rate Cut by Sept., 30-Year Treasury Yield Near 5%: The Yield Curve and “Real” Mortgage Rates
The 6-month Treasury yield, which is a good predictor of rate hikes and cuts by the Fed, is currently not indicating any rate cuts within 2-3 months. The bond market is nervous about inflation, the Fed's actions, and the influx of new Treasury debt. Mortgage rates run parallel to the 10-year Treasury yield but at a higher rate, and have been in the range of 6.74% all year. Real mortgage rates have... more
Jul 26, 2025 8:00 AM
— Mortgage Rates
Sales Are Down While Mortgage Applications Are Up
Mortgage rates have remained stable for the past three years despite expectations of a decrease. Housing market conditions are influenced by various factors such as listing inventory, builder incentives, and stable prices. The administration's economic policies, including tariffs and deficit increase, have contributed to inflationary pressures and are preventing significant drops in mortgage rates... more
Jul 26, 2025 3:01 AM
— Housing Market
FHFA set to end equitable housing finance plans for GSEs
The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule to comply with Pres. Trump's executive orders. They believe the rule is redundant as other agencies already administer similar laws. Additionally, there are discussions about potential plans regarding Fannie Mae and Freddie Mac's future.
Jul 26, 2025 3:00 AM
— Mortgage Rates
Worth waiting? This is the mortgage rate homebuyers say will push them to move.
High home prices and mortgage rates are making homeownership challenging for many potential buyers and sellers, leading to a slowdown in home sales. The National Association of Realtors predicts that if mortgage rates were to drop to 6%, an additional 5.5 million households would be able to afford a home. However, rates have not been below 6% in nearly three years, causing homeowners who bought or... more
Jul 26, 2025 3:00 AM
— Home Equity Line of Credit (HELOC)
HELOC rates today, July 26, 2025: Current home equity line of credit rate holds firm
The article discusses the current national average HELOC interest rate, explaining how a HELOC works as a second mortgage with your home as collateral. It provides information on the average APR, the value of home equity in the country, differences between HELOC rates and primary mortgage rates, and factors that influence HELOC rates and terms. Various lenders offer different rates and terms, and ... more
Jul 26, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, July 26, 2025: Fixed mortgage rates see marginal changes
The article discusses the current mortgage interest rates, offering insight into how to lock in an interest rate when buying a house, considerations for different mortgage terms like 30-year fixed, 15-year fixed, and adjustable-rate mortgages, and factors that influence mortgage rates. It also touches on strategies to secure low mortgage refinance rates, explaining how credit score, debt-to-income... more
Jul 26, 2025 2:00 AM
— Housing Market
Home sales are down. So why are prices at an all-time high?
The housing market has slowed down this year due to high prices and elevated mortgage rates. Home prices hit an all-time high in June, with sales numbers decreasing. The market is currently divided between those who can afford high-priced homes and those who are being shut out. Sales are strongest in the high-end market, with homes priced over $1 million seeing a sales spike. The market is discour... more
Jul 25, 2025 2:00 PM
— Bond Markets
Bonds Brace For Stormier Weather After This Week's Smooth Sailing
Bonds traded with forgettable, sideways momentum this week with minor fluctuations. Friday saw gains due to optimism surrounding U.S./EU trade talks, leading to steady sideways movement. The upcoming week is expected to have more volatility with relevant events daily, including Friday's big jobs report.
Jul 25, 2025 2:00 PM
— Mortgage Rates
Mortgage Rates End Week Unchanged. Next Week, Probably Not...
The week was uneventful in terms of mortgage rates, with rates remaining unchanged as of Friday afternoon. Improvement in relations between the Trump administration and Fed Chair Powell helped stabilize the bond market, leading to rate stability. Next week is expected to bring more volatility, with big events scheduled each day, including the release of the jobs report on Friday.
DISCLAIMER: mortgage-rates.ai is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. mortgage-rates.ai is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
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.