Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
News for: National Mortgage News
Showing 241 - 264 of 402 results
Sep 10, 2025 11:24 AM
— Mortgage Rates
Rate-and-term refi activity hits 2025 high mark
Homeowners showed a desire to refinance as mortgage rates fell in August, leading to a high number of rate-and-term transactions. However, the increase in purchase volume was not enough to offset the drop in refinance application submissions, and purchases declined year over year despite borrowers taking advantage of rate dips.
Sep 9, 2025 3:00 AM
— Mortgage Rates
Buyers gain hope on rates, sellers turn cautious
Consumers are more inclined to become home buyers due to potential declines in mortgage rates. However, views on selling took a hit last month according to Fannie Mae. Americans are more confident in their own finances, but expect home prices and mortgage rates to rise over the next year. The increase in purchase volume was not enough to offset the drop in refinance application submissions as conv... more
Sep 8, 2025 10:26 AM
— Mortgage Lenders
Property insurance nears 10% of mortgage costs
Property insurance portion of the average mortgage payment is almost 10% of the monthly expense. Mortgage experts suggest government interventions like tweaking closing costs, offering tax incentives, and reducing interest rates. Fannie Mae's sentiment index saw a decline except for views on buying conditions and rates. Homeowners are increasingly turning to cash-out refis as mortgage rates drop. ... more
Sep 8, 2025 3:24 AM
— Mortgage Lenders
How a trigger leads crackdown could lift retention rates
Legislation known as the Homeowners Privacy Protection Act will prohibit credit companies from sharing consumer data with third-party lenders, a move seen as a win for consumer privacy in the mortgage industry. This legislation will go into effect in March of next year. Additionally, recent changes in policy by Fannie Mae and Freddie Mac aim to improve disclosures and retention rules for valuation... more
Sep 6, 2025 3:25 AM
— Mortgage Legislation
Pres. Trump signs mortgage trigger leads ban into law
President Trump signed the Homebuyer Privacy Protection Act into law, which prohibits credit companies from sharing consumer data with third-party lenders. Fannie Mae and Freddie Mac have also made changes to their policy regarding disclosures and retention rules for valuation appeals. Despite these changes, collective earnings from both companies are expected to increase significantly.
Sep 5, 2025 9:57 AM
— Mortgage Rates
Mortgage firms add staff as rate cuts look likely
Housing finance firms are adding staff due to falling mortgage rates, leading to stronger overall job growth and potential modest business gains in the industry. The bond market is expected to be influenced by below-estimate employment numbers even before the next Fed meeting. The 30-year fixed rate mortgage dropped by 5 basis points, influenced by muted inflation and job data. Treasury yields and... more
Sep 4, 2025 12:24 PM
— Interest Rates
U.S. homeownership falls for first time since 2016
The article discusses a decline in the number of American households who are homeowners, likely due to high home prices and elevated interest rates. However, new residential construction increased, and mortgage rates dropped recently, encouraging homeowners to refinance. The Treasury Secretary mentioned the possibility of declaring a national housing emergency.
Sep 4, 2025 11:30 AM
— Mortgage Lenders
How Fannie Mae, Freddie Mac release could change mortgage costs
The article discusses the potential impact of the release of Fannie Mae and Freddie Mac from government conservatorship on the residential mortgage market and mortgage loan costs. It highlights key issues such as credit ratings, funding costs, the cost of mortgage insurance, and the possibility of higher interest rates if the conservatorship ends. It also touches upon the implications for conventi... more
Sep 4, 2025 9:29 AM
— Mortgage Rates
Mortgage rates sink with FOMC cuts on the horizon
Mortgage rates hit an 11-month low as markets anticipate a rate cut from the Federal Open Market Committee. The 30-year fixed rate mortgage dropped slightly, with various sources reporting larger declines in rates. Recent jobs data and inflation numbers have influenced the market, causing Treasury yields and mortgage rates to decrease.
Sep 3, 2025 1:30 PM
— Interest Rates
Mortgage application activity decreases despite lower rates
Despite the lowest interest rates in months, mortgage application volume declined for the third straight week leading up to Labor Day. The drop in refinance applications outweighed the increase in purchase volume as conventional rates rose week-over-week. The 30-year conforming fixed rate mortgage reached its lowest point since October 17th, partially due to bond traders pricing in a reduction in ... more
Sep 3, 2025 9:24 AM
— Housing Market
KBW lowers its Fannie Mae, Freddie Mac profit projections
Keefe, Bruyette & Woods expects decreased earnings per share potential for Fannie Mae and Freddie Mac as the possibility of a release from conservatorship rises. Analysts are uncertain about the reality of a public offering from President Trump's social media, which could value the mortgage giants at $500 billion or more. Both companies have updated their policy on disclosures and retention rules.... more
Sep 2, 2025 1:29 PM
— Mortgage Lenders
Fairway rebrands with focus on end-to-end lending
Fairway Independent Mortgage refreshed its branding, changing its name to Fairway Home Mortgage. The company, founded in 1996 by CEO Steve Jacobson, has experienced growth by adding regional branches throughout the country. Fairway has been successful in retaining staff long-term, in part due to being employee-owned. Their rebrand is part of a larger plan to build an ecosystem promoting homeowners... more
Aug 29, 2025 3:30 AM
— Interest Rates
Mortgage rates hit 10-month low as Powell hints at Fed cut
Jerome Powell's indication of a short-term rate cut in September drove mortgage rates down slightly. Despite some fluctuation, rates generally remained steady throughout the week. Zillow forecasted that further rate declines are unlikely and that affordability remains a concern for buyers. The impact of Powell's comments on the housing market is expected to be gradual.
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
DISCLAIMER: LoanGlass (previously known as mortgage-rates.ai) is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. LoanGlass is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
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.
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.
Help Us Help You
What would make LoanGlass more useful to you?
Thanks!
We appreciate your feedback.