Mortgage News
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News for: National Mortgage News
Showing 241 - 264 of 389 results
Aug 29, 2025 3:24 AM
— Housing Market
How did monthly mortgage payments shrink this summer?
The article discusses how the softening housing market is resulting in slightly smaller mortgage payments. It also highlights the strategies used by loan originators to maintain deal flow during this time.
Aug 28, 2025 3:31 AM
— Mortgage Rates
Higher mortgage rates slow refi application volume
Mortgage application volume declined for the second week in a row due to a small rise in rates affecting refinance activity. Real estate investor sentiment has improved, but concerns over tariffs and interest rates linger. The Mortgage Bankers Association downgraded its yearly origination forecast, and there is hope for lower mortgage rates following talk of a Fed rate cut.
Aug 27, 2025 3:30 AM
— Mortgage Rates
Mortgage-Treasury spread at narrowest point in three years
Mortgage spreads reached a three-year low on August 22 but were still wider than the historic average. The 30-year fixed rate mortgage fluctuated throughout July, influenced by Treasury yields and job reports. Real estate investor sentiment improved but concerns about tariffs and interest rates remained.
Aug 26, 2025 10:27 AM
— Mortgage Refinancing
Why the next rate drop could unlock a $300B+ refi wave
The latest mortgage interest rate drop did not impact refinancing incentives in the conventional securitized market, but future declines could have an effect. Homeowners are increasingly turning to cash-out refinances for quick cash access. Private mortgage insurance still has a larger share of business than the Federal Housing Administration, but the gap is expected to narrow by 2027. Borrowers a... more
Aug 26, 2025 3:31 AM
— Mortgage Rates
Gen Z, millennials struggle with housing costs
A Redfin survey found that over 40% of millennial and Gen Z homeowners struggle to afford their housing payments, although this number is less compared to the amount who struggle with rent payments. Real estate investor sentiment has improved, but concerns remain over tariffs and interest rates. Additionally, Gen Z and Millennial homeowners face unexpected expenses post-closing, highlighting the n... more
Aug 23, 2025 3:25 AM
— Housing Market
Fannie Mae cuts outlook for 2025–26 home sales
Fannie Mae's August mortgage origination forecast predicts lower volume in 2025 and 2026 compared to July as rate expectations increase. There are forecasts for more home sales, an increase in new residential construction, and changes to policies by Fannie Mae and Freddie Mac. Americans are more confident in their finances, but expect home prices and mortgage rates to rise. Private mortgage insura... more
Aug 22, 2025 11:24 AM
— Housing Market
Fannie, Freddie IPO awaits Trump's decision on timing
The government is considering a public offering of shares of Fannie Mae and Freddie Mac to potentially value them at $500 billion, involving selling between 5% and 15% of their stock. President Donald Trump has been meeting with bank leaders to discuss this plan, with a focus on maximizing profits for their firms. Despite an improvement in overall delinquency rates, FHA-backed mortgage borrowers a... more
Aug 21, 2025 9:41 AM
— Mortgage Rates
Mortgage rates remain flat as markets wait for Powell speech
Mortgage rates have been fluctuating slightly, with the 30-year fixed rate staying in a narrow range in July. Factors such as the jobs report, Treasury yields, inflation, and tariffs have influenced these fluctuations. Despite some opportunities for borrowers due to lower rates, overall mortgage numbers have been uninspiring, leading to a downgrade in yearly origination forecasts.
Aug 21, 2025 3:24 AM
— Mortgage Lenders
Trump calls on Fed's Cook to quit over mortgage probe
President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after accusations of lying on mortgage applications. This could potentially lead to a shake-up at the central bank and a new appointment for Trump. Home prices have risen at a slower pace, indicating concerns about the economy and mortgage rates. FHFA Director Bill Pulte alleges criminal offenses by Cook, causing st... more
Aug 19, 2025 3:25 AM
— Housing Market
Fannie, Freddie's stress test losses ease from 2024
Fannie Mae and Freddie Mac are predicted to hold up well in a severe downturn due to expense cuts and revenue gains. Economists predict fewer home sales and less mortgage origination volume in the near future. A potential plan could value the mortgage giants at $500 billion, involving selling 5-15% of their stock. Bill Ackman and President Trump are discussing a public offering for a single mortga... more
Aug 15, 2025 3:25 PM
— Mortgage Lenders
How mortgage executives are thinking of layoffs: Fannie Mae
Lenders are prioritizing cutting costs by laying off back office staff rather than reducing other business expenses. Fannie Mae economists have lowered their housing and economic outlook in August, anticipating fewer home sales and decreased mortgage origination volume compared to July. Nonbank lenders saw a surge in production income, returning to profitability for the first time in three quarter... more
Aug 15, 2025 6:16 AM
— Mortgage Lending
Mortgage lenders see signs of 2025 originations growth
Mortgage lenders saw an increase in origination volumes earlier in 2025 despite a sluggish housing market. Home equity loans also grew at the fastest pace in three years. Many homeowners are turning to cash-out refinances and home equity loans due to dipping mortgage rates and high interest rates making refinancing difficult for some.
Aug 15, 2025 5:26 AM
— Mortgage Lenders
Fannie Mae adds new temporary buydown rules for servicers
Fannie Mae updated its servicing guidelines to include new instructions for handling temporary interest-rate buydowns, tightening rules around condo and co-op loans, and accepting nontraditional credit metrics. They are also testing buying certain loans without title insurance or attorney opinion letters.
Aug 14, 2025 9:51 AM
— Mortgage Rates
Mortgage rates move lower on inflation, employment news
Mortgage rates fell to their lowest level since October due to an unexpected inflation report and ongoing employment concerns. The 30-year fixed rate remained stable in July, but eventually saw a 10 basis point decline, the most since March.
Aug 13, 2025 9:26 PM
— Foreclosure Rates
Foreclosures tick up as home costs weigh heavy on borrowers
Foreclosure rates increased in July, indicating that high home costs may be catching up with homeowners. Many homeowners are unable to refinance due to high interest rates, leading them to turn to HELOCs and home equity loans for cash. As mortgage rates decrease, more homeowners are opting for cash-out refis. The end of the VA foreclosure moratorium has led to a rise in auctions, but bidder hesita... more
Aug 13, 2025 9:24 AM
— Interest Rates
Young buyers' risky refi gamble: A looming problem?
Young homebuyers are prioritizing low interest rates over the condition of the house they are purchasing, potentially leading to future issues. High interest rates are making refinancing difficult for many homeowners, causing an increase in the use of HELOCs and home equity loans for cash. The housing market cooling down may result in a rise in delinquency rates and underwater mortgages.
Aug 13, 2025 3:24 AM
— Interest Rates
Economists now leaning towards September Fed cut
Economists surveyed by Wolters Kluwer expect the Federal Open Market Committee to cut short-term rates at its September meeting, but a share still believes action won't come until December or later. The 30-year fixed rate stayed within a narrow range in July. The surprising jobs report in July helped drive Treasury yields and corresponding rates lower, providing a window of opportunity for borrowe... more
Aug 11, 2025 2:25 PM
— Home Equity Loans
Homeowners tap record equity as rates ease
Homeowners are seeing record levels of equity in their homes and are eager to use it. Due to high interest rates, many homeowners are turning to HELOCs and home equity loans for cash. As the housing market cools, there is a rise in delinquency rates and underwater mortgages. Sunbelt markets are seeing softening property values while the Northeast continues to see growth. Americans now hold $34.5T ... more
Aug 11, 2025 10:24 AM
— Housing Market
President Trump envisions November launch for mortgage IPO
The oversight agency for government-sponsored enterprises is considering a public offering for some of their shares, which could value the mortgage giants at $500 billion or more. President Trump is meeting with bank leaders, potentially resulting in a big payday for their firms. Economists are divided on the timing of a rate reduction, and sales of previously owned homes in the US fell to a nine-... more
Aug 8, 2025 6:27 AM
— Mortgage Lenders
Loandepot, Onity, Cenlar announce leadership moves
Various mortgage-related companies have been making strategic moves, such as partnerships and new appointments, in response to market changes and challenges. Some companies are experiencing losses and seeking to develop new technologies, while others are expanding their reach and touting construction lending experience.
Aug 7, 2025 12:44 PM
— Housing Market
Buyers are gloomy. Here's what they might be missing
Consumer housing confidence improved slightly in July, with Americans feeling more confident about the economy. However, many worry about their ability to buy a house themselves due to potential job loss. The housing market is experiencing a mix of rising home prices and softening sales, indicating a shift that may favor buyers. Sales of new and previously owned homes have seen a decline, suggesti... more
Aug 7, 2025 9:51 AM
— Mortgage Rates
Mortgage rates drop to lowest level this summer
The July jobs report, which included downward revisions to early 2025 data, led to mortgage rates dropping to their lowest levels in months. The 30-year fixed rate stayed consistent throughout most of July, with a noticeable decline below 6.7%. This decrease was the most significant since March, fueled by a drop in the 10-year Treasury rate. Groups such as the Mortgage Bankers Association and Nati... more
Aug 6, 2025 8:15 AM
— Housing Market
Rate drops offer reprieve for mortgage applications
Mortgage applications rebounded this week due to a drop in mortgage rates, leading to an increase in purchases and refinancing. Americans currently hold a record $34.5T in home equity, resulting in a surge in home equity loans as lenders aim to take advantage of increasing property values.
Aug 5, 2025 1:25 PM
— Mortgage Lenders
Home equity surges and lenders smell opportunity
Americans are sitting on a record $34.5 trillion in home equity due to rising home prices and mortgage rates keeping owners in place. Lenders are eager to capitalize on this equity. Finance of America announced buying out Blackstone's equity stake in a mortgage lender for $80 million. GSE loans acquired have higher loan-to-value and debt-to-income ratios and lower credit scores, increasing serious... more
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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@loanglass.com.
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 800 lenders. LoanGlass 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@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.