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Mortgage News

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Showing 2233 - 2238 of 2238 results
Apr 7, 2025 7:02 AM — Mortgage Credit Availability
Mortgage credit loosens with jumbos at 5-year high
The Mortgage Bankers Association reported that mortgage credit availability is at its loosest in over two years, with an increase in cash-out refinance products being offered. This has resulted in the Mortgage Credit Availability Index rising to 102.5 in March. Mortgage rates remained relatively stable during the month, with the 30-year fixed rate ranging between 6.6% and 6.7%. The increase in mor... more
Apr 7, 2025 5:01 AM — Interest Rates
How Trump's wild tariff ride has changed mortgages
President Trump's tariff decisions are causing uncertainty in the mortgage industry, with mortgage rates increasing as a result. This has a direct impact on home buyers, as they have seen fluctuations in mortgage rates based on the president's tariff strategy. The article also discusses various legal battles and budget cuts within the industry, as well as initiatives to attract and support top tal... more
Apr 2, 2025 9:39 AM — Mortgage Rates
Mortgage rates move lower on tariff uncertainty
Mortgage rates saw a slight drop this week as investors reacted to President Trump's tariff announcement, causing anxiety in the market. Rates for 30-year fixed rate mortgages have been stable, with slight decreases in recent weeks. The market uncertainty is creating opportunities for some, but not everyone is optimistic. However, some experts believe the dip in mortgage rates could lead to an ear... more
Apr 2, 2025 9:39 AM — Housing Market
Mortgage hiring rises, U.S. job additions outpace estimates
The article discusses the impact of low mortgage rates on the industry's hiring indicators in February and the unexpected increase in overall U.S. job additions reported for March. Despite the positive job market data, concerns about underlying weakness in the economy and potential inflationary pressures from tariff policies remain. The Federal Reserve is expected to remain cautious with any rate ... more
Apr 2, 2025 9:39 AM — Mortgage Finance
Refis Slow in Ginnie Market in First Quarter of 2025
The article discusses current trends in the housing market, specifically regarding mortgage rates. It states that mortgage rates are rising, which may make it more difficult for home buyers to afford a new home. This increase in rates could potentially deter some buyers from entering the market or cause them to purchase homes at a lower price point. Overall, the rising mortgage rates are seen as a... more
Mar 30, 2025 9:39 AM — Housing Market
Rates stall, but spring home buyers move forward
Despite stalling mortgage rates and economic uncertainty, the spring home buying season is still showing positive signs. Purchase applications have reached their highest level since January, with a slight increase in home buying activity. The 30-year fixed rate dropped by just 1 basis point to 6.70%, leading to a 3% increase in conventional purchases and a 2% decrease in government purchase applic... more
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