Mortgage News
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Showing 1993 - 2016 of 2163 results
May 8, 2025 10:00 AM
— Mortgage Rates
Mortgage rates hold steady after few surprises from labor data, Fed meeting
The article discusses how mortgage rates have remained steady at 6.76% this week, with 15-year mortgage rates slightly lower at 5.89%. The Federal Reserve has kept benchmark interest rates unchanged, citing economic uncertainty. While mortgage rates are not directly controlled by the Fed, they are affected by expectations of future interest rate policy. President Trump has called for rate cuts, bu... more
May 8, 2025 9:50 AM
— Mortgage Rates
Mortgage rates defy expectations amid key economic events
Mortgage rates remained stable this week, with the 30-year fixed rate averaging 6.76%. The 15-year fixed rate decreased slightly to 5.89%. Despite some movement in rates due to economic reports and the FOMC meeting, rates ended up where they started. Home buyers should be aware that any unexpected news could cause quick changes in mortgage rates. Mortgage applications increased by 11% last week in... more
May 8, 2025 8:00 AM
— Mortgage Finance
Pulte Downplays Odds of an End to GSE Conservatorships
The article discusses the current trends and insights in the mortgage market as of 2025.
May 8, 2025 6:00 AM
— Interest Rates
Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages and more
The Federal Reserve has decided to keep interest rates steady due to uncertainty caused by President Donald Trump's tariff policies and weakening economic growth. This decision has resulted in high borrowing costs and prices for consumers, as the rates on most consumer loans remain elevated. Mortgage rates, which are indirectly related to the Fed, have slightly decreased due to concerns over tarif... more
May 8, 2025 5:57 AM
— Interest Rates
Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news
The Bank of England has cut interest rates to 4.25%, the lowest since May 2023, in an effort to boost spending by making borrowing, including mortgages, cheaper. This decision was met with a divided committee, as some members wanted a bigger cut or no change at all. The lower rate is expected to have an immediate impact on home loans, with nearly 600,000 homeowners on tracker deals seeing their mo... more
May 8, 2025 3:00 AM
— Interest Rates
Fed Skips Another Interest Rate Cut, Warns Of ‘Potential’ For Stagflation
The Federal Reserve voted to keep interest rates steady, signaling more concern about inflation than a recession. This decision will maintain the key interest rate that affects borrowing costs near a decade-plus high. Home buyers may face higher mortgage rates, as adjustable-rate mortgages are influenced by this rate. However, savers can benefit from competitive returns on savings accounts due to ... more
May 8, 2025 3:00 AM
— Mortgage Rates
Powell Warns Of Higher Inflation, Unemployment As Fed Keeps Rates Steady
In the article, it is discussed how the Federal Reserve's actions impact mortgage rates. The Fed cut rates to zero at the beginning of the pandemic, causing mortgage rates to plummet. However, as the Fed raised rates in 2022 and 2023, mortgage rates also increased. Currently, there is a disconnect between the Fed's actions and mortgage rates, as they are often tied to 10-year Treasury yields. This... more
May 8, 2025 2:00 AM
— Mortgage Rates
Mortgage rates are falling. Is it a good time to buy a home?
Mortgage rates have dropped in early 2025, providing relief to homebuyers. However, economic uncertainty, including President Trump's tariffs and warnings of inflation, may impact future interest rates. Lower mortgage rates present an opportunity for buyers, but the housing market remains sluggish. Homebuyers face a "lock in" effect where current homeowners with lower rates are reluctant to sell, ... more
May 7, 2025 5:00 PM
— Interest Rates
Fed holds interest rates steady as the central bank weighs impact of Trump tariffs
The Federal Reserve has decided to keep its benchmark interest rate unchanged at 4.25% to 4.5% despite pressure from President Trump to lower borrowing costs. The Fed cited economic risks, particularly related to Trump's tariffs, as a reason for maintaining the current rate. There are concerns that Trump's tariffs could lead to higher inflation and unemployment, which could impact the Fed's dual m... more
May 7, 2025 4:00 PM
— Interest Rates
Interest rates: Cut expected by the Bank of England
The Bank of England is expected to cut interest rates to 4.25% which would make borrowing money cheaper for businesses and individuals. This would be the fourth rate reduction since last year's peak of 5.25%. Mortgage rates have already been falling in anticipation of the rate cut, but further drops are not guaranteed. Fixed-rate mortgage holders may see lower monthly repayments if the base rate i... more
May 7, 2025 4:00 PM
— Mortgage Rates
Coinbase earnings, jobless claims, mortgage rates: What to Watch
The article discusses various economic data and market stories to watch for on Thursday, May 8th, including earnings from Coinbase Global, ConocoPhillips, and Anheuser-Busch Inbev. It also mentions the weekly updates on initial jobless claims and US mortgage rates. Analysts expect strong Q1 results from Shopify, and are looking for any guidance on future quarters. Jobless claims are expected to de... more
May 7, 2025 3:00 PM
— Mortgage Finance
Short Takes: Ishbia: Tariffs Will Drive Down Interest Rates / GSE Collaboration Against Mortgage Fraud / Bank Launches Wholesale Unit focused on Non-QMs / New Warehouse Line for Radian’s Conduit
The article discusses recent trends in the housing market, particularly focusing on the increasing demand for mortgages due to low interest rates. It mentions that mortgage lenders are seeing a surge in applications as more people seek to take advantage of affordable borrowing costs.
May 7, 2025 3:00 PM
— Interest Rates
Just as Underwhelming as Expected
The article discusses how Federal Reserve Chairman Powell reiterated uncertainty about the future of mortgage rates during a recent press conference. Despite this, mortgage rates have remained relatively stable, with 10-year yields down slightly and MBS up slightly. The article suggests that there is no excitement in the market and that there has been no significant change in rates following the F... more
May 7, 2025 2:16 PM
— Mortgage Rates
What the latest Fed meeting means for mortgage lenders
Federal officials decided not to change monetary policy, which could have a short-term benefit for lenders as mortgage rates are expected to drop slightly. However, in the medium to long term, mortgage rates are likely to remain steady or increase, making it difficult for potential home buyers. The current state of monetary policy is not expected to significantly impact the housing market, and int... more
May 7, 2025 2:00 PM
— Interest Rates
Fed Holds Rates Steady. Here's How it Impacts Mortgage Rates.
The Federal Reserve announced that it is holding the federal funds rate steady at 4.25% to 4.5%. This decision will lead to lower borrowing costs on credit cards and personal loans. Mortgage rates are expected to drop slightly as a result of the decision to keep rates steady. The impact of tariffs on inflation and unemployment will be closely monitored by the Fed. Experts expect the Fed to keep ra... more
May 7, 2025 1:00 PM
— Interest Rates
Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady
The article discusses the Federal Reserve's decision to keep interest rates unchanged amid concerns about inflation and recession risks due to President Trump's tariffs. The Fed is in wait-and-see mode, monitoring the impact of tariffs on the economy. While the Fed did not indicate any immediate plans to lower rates, it acknowledged growing concerns about the risks posed by the import fees. The ar... more
May 7, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Lower After Fed Announcement, But Not Because of It
The article discusses the lack of any rate decision from the Federal Reserve, as there was no expectation for a rate cut at the meeting. The Fed is weighing the impact of tariffs and fiscal policy on employment and inflation, which may influence future rate decisions. Mortgage rates were slightly lower following the meeting, but the movement was already in place beforehand and the change was minim... more
May 7, 2025 9:00 AM
— Housing Market
DPA, AI, Processing, Verification Tools; STRATMOR Tech Survey; Interview on Fraud Threats
The article discusses the current housing market, noting a lack of inventory and an increase in unsold homes. Builders are using incentives to attract buyers, while city dwellers are turning to micro-apartments for affordable living. Mortgage rates are mentioned in passing, with a focus on non-QM lending and the potential for growth in this sector. Various software and services for lenders and bro... more
May 7, 2025 8:00 AM
— Interest Rates
Not Expecting Fireworks From The Fed
The article discusses the fluctuations in bond markets and Fed Funds Rate expectations leading up to Powell's press conference. It mentions the possibility of rate cuts due to economic uncertainties, but also highlights inflation-related uncertainty. The article suggests that Powell may not be able to make any significant changes to interest rates at the moment. Despite this, the market may still ... more
May 7, 2025 5:00 AM
— Interest Rates
When will interest rates go down again and how do they affect mortgages?
The article discusses the likelihood of the Bank of England cutting interest rates in the near future, with potential further cuts expected throughout the year. Interest rates impact mortgage rates, credit card rates, and savings rates for millions of people. Currently, mortgage rates are still relatively high compared to previous years, with many borrowers facing increased costs when their fixed-... more
May 7, 2025 4:00 AM
— Mortgage Rates
Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Mortgage interest rates have decreased slightly for the second week in a row due to negative economic news. Despite this, mortgage demand has surged by 11%. The average contract interest rate for 30-year fixed-rate mortgages has dropped to 6.84%. Home buyers are taking advantage of the lower rates, especially for conventional loans. The housing market has been slow, with potential buyers hesitant ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Majority of rates decrease as Fed meeting underway | Today's mortgage and refinance rates for May 6, 2025
This article discusses the current trends in mortgage rates, noting that rates for 30-year fixed, 15-year fixed, and jumbo mortgages have decreased, while rates for adjustable rate mortgages have increased. The article highlights that mortgage rates are influenced by a combination of economic indicators, and mentions the positive April employment report from the Labor Department as a contributing ... more
May 7, 2025 3:00 AM
— Mortgage Rates
Mortgage and refinance interest rates today, May 7, 2025: Will rates go up or down after the Fed meeting?
The article discusses current mortgage interest rates, which have seen slight increases in recent days. It explains that the Federal Reserve meeting may impact these rates, as decisions made by the central bank can lead to either an increase or decrease in home loan rates. The article also provides information on various types of mortgage rates, such as 30-year fixed, 15-year fixed, and adjustable... more
May 6, 2025 7:00 PM
— Mortgage Rates
Another Big Four bank slashes interest rate with a major catch: '40 per cent'
CBA has cut its variable interest rate to a competitive 5.84 per cent in response to mortgage wars between major banks ahead of an anticipated RBA cash rate cut. The move puts CBA in a competitive race with ANZ and Westpac. Customers must apply online and have a 40 per cent deposit to qualify for the lowest rate. NAB's offering is less competitive compared to other major banks. Borrowers are urged... 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.