Mortgage News
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Showing 1705 - 1728 of 2180 results
Jun 2, 2025 4:00 AM
— Home Equity Loans
Home equity lending is flourishing as HELOC rates fall
Home equity lending has become increasingly popular due to rising home prices and mortgage rates close to 7%. More homeowners are considering taking out a HELOC, but there is still a lack of understanding surrounding its uses. The housing market is shifting towards favoring homebuyers, with younger clients entering the market with government-backed loans. Interest rate volatility has led to increa... more
Jun 2, 2025 4:00 AM
— Mortgage Lending
Mortgages: First-time buyers typically borrowing for 31 years
First-time buyers are borrowing for longer mortgage terms, with the average now being 31 years compared to 28 years a decade ago. This allows borrowers to keep their monthly repayments low despite higher mortgage rates. Even though rates have fallen recently, the trend of longer mortgage terms continues. Many first-time buyers are choosing longer terms to afford buying a property, with some borrow... more
Jun 2, 2025 3:00 AM
— Interest Rates
5 Reasons NOT to Overpay Your Mortgage in 2025
The article discusses the impact of rising interest rates on the housing market, including how higher rates could make it more difficult for buyers to afford homes. It also mentions the potential for slower growth in home sales and prices due to rising rates.
Jun 2, 2025 2:00 AM
— Housing Market
America's housing market is cracking
After more than two years of continuous price increases, the American housing market is showing signs of fatigue. Home prices are starting to fall, unsold inventory is piling up, and buyers are walking away from deals. Mortgage rates around 7% and economic uncertainty from tariffs are causing buyers to hesitate. Luxury buyers are also backing away. Real estate agents are witnessing a shift towards... more
Jun 2, 2025 2:00 AM
— Housing Market
May mortgage applications for home purchases surge 27%, setting new Dutch record
The Dutch mortgage market hit a new record in May with a surge in home purchase applications, driven by anticipated changes in interest rates. The majority of applications were for home purchases, showing a shift in market dynamics. The average mortgage amount and home value also increased compared to the previous year.
Jun 2, 2025 2:00 AM
— Mortgage Rates
Rising Mortgage Rates and Recession Fears Stall a Fragile Housing Market
The article discusses the latest increase in mortgage rates, leading to higher borrowing costs for homebuyers. This rise in rates is attributed to the strengthening economy and inflation concerns, prompting lenders to adjust their rates accordingly.
Jun 1, 2025 3:01 AM
— Housing Market
3 reasons it's a great time to buy a home, according to Compass' CEO
CEO of Compass, Robert Reffkin, believes now is a good time to buy a home due to high housing inventory, lower prices, and relatively lower borrowing costs. He predicts prices may fall slightly in the second half of 2025. Pending home sales dropped in April, but Reffkin expects a rebound in May due to easing fears surrounding tariffs.
Jun 1, 2025 3:01 AM
— Mortgage Rates
Average rate on a US 30-year mortgage rises to highest level in months
The average rate on a 30-year mortgage in the U.S. increased to 6.89%, the highest level since early February. Borrowing costs on 15-year fixed-rate mortgages also rose. Mortgage rates are influenced by various factors, including the 10-year Treasury yield. Rising mortgage rates have reduced purchasing power for potential homebuyers, contributing to a sales slump in the housing market.
Jun 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 31, 2025: Lower, with 15-year rates back under 6%
The article discusses how mortgage rates have decreased, with the 30-year fixed rate at 6.84% and the 15-year fixed rate at 5.99%. The Federal Reserve's preferred inflation measure has influenced interest rate expectations. It also compares the pros and cons of different mortgage types, such as 30-year fixed, 15-year fixed, and adjustable-rate mortgages. Furthermore, it provides insights on the ho... more
Jun 1, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, June 1, 2025: The 30-year drops while the 15-year edges higher
The article discusses how mortgage rates are currently lower on the long end but slightly higher on the short end. It provides information on various mortgage rates, like 30-year fixed, 20-year fixed, 15-year fixed, and ARM rates. It explains the difference between a fixed-rate and an adjustable-rate mortgage, as well as the factors that can influence mortgage rates, such as credit score, down pay... more
Jun 1, 2025 3:00 AM
— Home Equity Loans
HELOC rates today, June 1, 2025: Interest rates on home equity lines of credit move lower again
Home equity line of credit (HELOC) interest rates have seen a decrease today, making it more affordable for homeowners to tap into their home's value without having to refinance their primary mortgage. With a staggering amount of home equity in houses, homeowners can access this value through HELOCs, which have different rates compared to primary mortgages. However, rates vary depending on factors... more
May 31, 2025 6:00 AM
— Mortgage Finance
Bright Outlook for Non-QM Lending and Securitization
The article discusses the latest trends and updates in the mortgage industry, focusing on factors such as mortgage rates, housing market conditions, and mortgage lending practices.
May 31, 2025 4:00 AM
— Housing Market
Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market
The U.S. housing market has more sellers than buyers, resulting in less competition for home listings and pressure on sellers to lower prices. Mortgage rates have been rising since 2022, affecting home sales. Some sellers have reduced prices or offered incentives. The market imbalance is expected to lower home prices by 1% by the end of the year. Despite favoring buyers, the housing market remains... more
May 31, 2025 3:03 AM
— Mortgage Finance
Jumbo Borrowers Faced Fewer Denials in 2024
The article discusses the latest trends in the mortgage lending industry, highlighting factors influencing mortgage rates and borrower demand. It also touches on the impact of the housing market on mortgage lenders and potential challenges they may face in the current economic climate.
May 31, 2025 3:03 AM
— Mortgage Finance
FHA and Ginnie Stoic Amid Rising Late Rates
The article discusses the latest trends and updates in the mortgage finance industry.
May 31, 2025 3:03 AM
— Mortgage Rates
Rates remain elevated - Current mortgage and refinance rates for May 30, 2025
Mortgage rates have varied compared to last week, with the 30-year fixed rate at 6.94%. The housing market remains in a mild seller's market, although inventory levels are increasing, benefiting buyers. Experts predict rates to stay relatively stable in 2025, but small economic shifts could create opportunities. Home sales have been strong, but pent-up housing demand continues to grow. Mortgage ra... more
May 31, 2025 3:02 AM
— Housing Market
Home Prices Falling or Growing Less Quickly?
Both FHFA and Case Shiller released home price data showing positive month-to-month movement, but with long-term trends indicating a decline in the pace of home price appreciation. However, Case Shiller's seasonally adjusted numbers revealed a national decline in prices, the first negative reading since early 2023, raising concerns about the housing market.
May 31, 2025 3:02 AM
— Mortgage Rates
Purchase and Refi Demand Diverge Again
Mortgage rates reached their highest level since January, with the 30-year fixed rate increasing to 6.98%. Refinance demand dropped by 7%, while purchase applications rose by 3%. Overall, purchases are up 18% compared to the same time last year, while refis are up 37%, although the year-over-year gap is narrowing. There was a welcome drop in daily rates at the start of the new week.
May 31, 2025 3:02 AM
— Housing Market
Pending Home Sales Slip, But the Broader Story Remains the Same
The National Association of Realtors' Pending Home Sales Index has been stagnant for over two years due to affordability constraints and elevated mortgage rates. April saw a 6.3% drop in pending sales, with the index hitting its third-lowest level on record. Despite regional variations, the overall trend remains one of stagnation with higher mortgage rates being the biggest hurdle for both buyers ... more
May 31, 2025 3:01 AM
— Bond Markets
Strongest Close of the Week After Well-Contained Month-End Volatility
Today's economic data had little impact as it met expectations. Month-end trading environment likely influenced bond market, resulting in bonds reaching strongest levels of the week by a small margin.
May 31, 2025 3:00 AM
— Housing Market
Sellers outnumber homebuyers: High prices and mortgage rates continue to skew the housing market
The U.S. housing market currently has nearly 34% more sellers than buyers, leading to less competition for home listings and more pressure on sellers to lower prices. The increase in sellers and decrease in buyers has caused a decline in home sales, with prices expected to drop by about 1% by the end of the year. Some sellers have already started reducing prices and offering incentives to attract ... more
May 30, 2025 12:00 PM
— Mortgage Rates
Another Small Victory For Mortgage Rates
Mortgage rates have remained relatively stable this week, with a slight decrease in the average top tier 30yr fixed rate. Most movement occurred on Tuesday morning after the holiday weekend, with minimal changes since then. Economic data did not have a significant impact on rates, with inflation data being in line with expectations.
May 30, 2025 9:39 AM
— Mortgage Finance
Lenders, Borrowers Waiting for Interest Rates to Drop (IMF)
Elevated interest rates on mortgages are currently suppressing demand, but short periods of declines in rates have led to surges in loan applications. The uncertainty remains as to when interest rates will decrease.
May 30, 2025 9:39 AM
— Mortgage Finance
Mortgage Originations by Product: 2004-1Q25 (PDF)
The article provides market-level data on dollar volume by type of mortgage product, including government, conventional-conforming, nonconforming, adjustable-rate, jumbo, refinance, and purchase. The data is broken down quarterly starting from 2019.
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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.