Mortgage News
The Most Comprehensive Source of Mortgage-Related News
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Showing 1585 - 1608 of 2186 results
Jun 12, 2025 5:03 AM
— Home Equity Line of Credit (HELOC) Market
Banks vs IMBs: who wins the HELOC war?
Non-bank lenders are expanding into the home equity line of credit market and are offering advantages compared to larger competitors. However, fraudulent activity is increasing in the industry, so lenders need to take steps to protect borrowers and their portfolios. Homeowners can currently borrow $50,000 and pay around $100 less per month than they did a year ago. Closed-end home equity volume in... more
Jun 12, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 12, 2025: Decreases following favorable inflation report
Mortgage interest rates have dropped following a positive inflation report, with the average 30-year fixed rate at 6.76% and the 15-year rate at 5.96%. The Federal Reserve may delay rate cuts until September due to inflation remaining low. Mortgage rates are waiting for a significant reason to move up or down. Different types of mortgage rates are outlined, such as fixed and adjustable rates, with... more
Jun 11, 2025 2:03 PM
— Mortgage Rates
Mortgage applications rise for first time in a month
Mortgage applications increased last week, providing hope for the real estate market. The average 30-year fixed-rate mortgage rose slightly to 6.86%. An index of applications for home purchases and refinancing both showed significant increases. The Mortgage Bankers Association reported a drop in their measure of refinancing. The Consumer Financial Protection Bureau identified five rules to review ... more
Jun 11, 2025 2:02 PM
— Bond Markets
Nice Rally on Data and Auction Results
Bonds had a straightforward session on Wednesday, rallying after a large CPI beat and a well-received 10yr Treasury auction. Both shorter and longer maturities saw gains, with 10yr yields down 3.7bps at 4.439 and MBS up a quick quarter point. The day ended with MBS hitting new highs and bonds at new low yields.
Jun 11, 2025 1:00 PM
— Interest Rates
Mortgage Rates Fall as Inflation Data Comes in Soft
After a calm start to the week, on Wednesday there was increased volatility in the bond market following the release of lower-than-expected inflation data. This led to an improvement in bonds and subsequently lower mortgage rates for consumers. The 10-year Treasury auction also took place, adding some benefit to the market. Mortgage rates are currently back in line with levels seen on June 5th.
Jun 11, 2025 11:01 AM
— Housing Market
Is it smart to buy a home right now? The U.S. housing market is a 'mixed bag,' broker says
The U.S. housing market is currently difficult to predict with elevated mortgage rates and a median home price of $442,000. However, inventory is increasing in many markets, giving buyers more negotiating power. Despite forecasts of declining home prices by the end of 2025, mortgage rates are expected to remain high, affecting affordability. Tariffs on building materials may further increase const... more
Jun 11, 2025 11:00 AM
— Mortgage Lenders
How the $1,000 ‘Trump accounts’ for American babies compare to 529s and custodial Roth IRAs
President Donald Trump and American business leaders are celebrating a provision in his tax bill that would create investment accounts for babies born in the next few years, with benefits similar to retirement accounts. These 'Trump accounts' aim to contribute to the success of newborn babies and have similarities to 529 savings plans and Roth IRAs.
Jun 11, 2025 10:01 AM
— Mortgage Finance
Chase’s Dimon Frustrated With Mortgage Market
The article discusses the latest trends and updates in the mortgage finance industry as of 2025.
Jun 11, 2025 10:00 AM
— Mortgage Rates
Mortgage Rates Dip Again: Is Now the Time to Lock in Your Loan?
Mortgage rates have continued to decrease, with the national average for a 30-year fixed mortgage falling to 6.93%. This offers a good opportunity for homebuyers and those looking to refinance to lock in lower monthly payments. Rates are down 3 basis points from the previous day and have been declining throughout the week. Understanding these rate shifts is crucial for making wise financial decisi... more
Jun 11, 2025 10:00 AM
— Mortgage Lenders
Processing, Non-QM, LOS, Warehouse Tools; Legal Firm and Compliance News
The article discusses various updates in the mortgage industry, such as foreclosure rates, new cloud-native LOS platforms, non-QM lending, and third-party loan processing services. It also mentions the importance of mortgage compliance and the CFPB's role in the industry.
Jun 11, 2025 7:01 AM
— Mortgage Rates
30-Year Mortgage Rates Ease Lower - June 10, 2025
After rising for two days, 30-year mortgage rates fell to a 7.00% average, along with declines in rates for other mortgage types. Rates vary widely across lenders, so it's important to shop around. Freddie Mac provides a weekly average of rates, which was 6.85% last week. The Fed's bond-buying policy and rate adjustments have influenced mortgage rates over the past few years.
Jun 11, 2025 7:01 AM
— Interest Rates
CPI Comes in Low Enough to Help
Today's CPI data showed a monthly core number of 0.1 vs 0.3, leading to a limited response in the market. Despite the lower inflation numbers, Fed Funds Futures did not react much and 10-year yields only dropped slightly before bouncing back.
Jun 11, 2025 7:00 AM
— Mortgage Lending
Who pays for safety? Body shops say insurers increasingly refuse to cover full OEM collision repairs
Insurance companies are increasingly refusing to fully cover the cost of auto repairs, leading to disputes between repair shops and insurers over safety inspections required by auto manufacturers. Repairers are often not paid for necessary repair operations, leaving them with the option of billing customers or completing work for free. This trend has been escalating in recent years, causing concer... more
Jun 11, 2025 6:03 AM
— Mortgage Lenders
Trigger leads bill advances on Capitol Hill
Lawmakers are working on a bill to protect the privacy of mortgage applicants nationwide, despite opposition from the Trump administration to roll back fair lending requirements. The bill will need to be reconciled between the House and Senate before reaching President Trump. The Consumer Financial Protection Bureau is requesting a review of five rules by the White House budget office. The mortgag... more
Jun 11, 2025 4:00 AM
— Mortgage Rates
Mortgage demand rises to the highest level in over a month, after holiday adjustment
Mortgage interest rates remained relatively stable last week, but there was an increase in both homebuyers and those looking to refinance. Total mortgage application volume rose by 12.5%. Rates for 30-year fixed-rate mortgages slightly increased, while rates for 15-year fixed loans and FHA loans decreased. Applications for refinancing and home purchases both saw significant increases compared to t... more
Jun 11, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 11, 2025: Most rates lower as Fed meeting countdown begins
The article discusses how mortgage interest rates have slightly decreased, with various types of mortgages having different rates. It also explores the pros and cons of different mortgage options like 30-year fixed, 15-year fixed, and adjustable-rate mortgages. Additionally, it provides information on factors impacting mortgage rates, the potential future of mortgage rates, and considerations for ... more
Jun 10, 2025 2:00 PM
— Bond Markets
No Drama Today. How About Tomorrow?
After a slow start, the bond market remained flat throughout the day despite a weak 3yr Treasury auction. Trade talks between the US and China are potentially extending into a 3rd day. Tomorrow's focus will be on trade-related news, a 10yr Treasury auction, and CPI data. The market cares more about long-term inflation outlook rather than current data.
Jun 10, 2025 1:00 PM
— Interest Rates
Multifamily Delinquencies Are Now Higher than During the Great Recession
Fannie Mae and Freddie Mac report a rise in serious delinquencies in multifamily mortgages in April. Delinquency rates have been increasing since the end of 2022, reaching multiyear highs. The Mortgage Bankers Association also reported an increase in commercial mortgage delinquencies, especially in CMBS. The rise in multifamily delinquencies is likely due to increasing interest rates, making it ha... more
Jun 10, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Inch Slightly Lower
Mortgage rates have been relatively stable with a small drop in the top tier 30-year fixed rate for lenders. The upcoming release of the Consumer Price Index (CPI) may potentially impact mortgage rates, but the market is currently waiting to see the effects of tariffs and trade deals before drawing any firm conclusions on inflation.
Jun 10, 2025 12:09 PM
— Mortgage Rates
Mortgage credit offerings at loosest in over two years
Mortgage credit has become the loosest in over two-and-a-half years due to increased loan products in anticipation of the annual home purchase season. The average 30-year fixed-rate mortgage rose slightly to 6.86% last week, and there is a growing supply of unsold inventory putting pressure on prices.
Jun 10, 2025 8:00 AM
— Mortgage Lending
How DOGE could shrink federal housing spending
The Trump Administration is finding that cutting costs at HUD and FHFA is more complex than expected. An obstacle to finding savings is that credit costs are understated due to rising home prices. One potential area of savings is returning defaulted assets to the private sector. The article discusses conflicts between HUD and Ginnie Mae issuers in terms of repayment rules during foreclosures. Addi... more
Jun 10, 2025 8:00 AM
— Bond Markets
Bumpy Start; No Data; Waiting on Auction and Trade Headlines
Bonds are experiencing a small amount of volatility this morning, but it is not significant in the overall market. MBS have returned to unchanged levels after a brief moment of weakness at 10:15am ET. 10-year yields rose slightly but are still almost 1 basis point lower. The Treasury auction and trade-related headlines are expected to drive any bigger-picture momentum in the absence of relevant ec... more
Jun 10, 2025 8:00 AM
— Housing Market
Housing Market Predictions For The Rest Of 2025
The housing market in the second half of 2025 is predicted to have a favorable outlook if mortgage rates improve, although rising prices and slowing construction could still cause issues for buyers. Experts expect the average 30-year mortgage rate to remain in the 6% range for most of the year, with some fluctuations. Home prices are expected to continue rising, but at a slower pace than previous ... more
Jun 10, 2025 8:00 AM
— Housing Market
Democrats Urge Trump Administration to Pump Brakes on Freddie, Fannie Move
Leading congressional Democrats, led by Senator Elizabeth Warren, are pushing back on President Trump's idea to release mortgage giants Fannie Mae and Freddie Mac from government control. They argue that hasty and poorly planned changes could increase costs for families seeking to purchase a home. Releasing the companies from government control could benefit shareholders like Bill Ackman but could... more
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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.