Mortgage News
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News for: National Mortgage News
Showing 313 - 336 of 402 results
Jul 3, 2025 9:47 AM
— Mortgage Rates
Mortgage rates drop again but chance of Fed cut also falls
Mortgage rates have fallen below 6.7% for the first time since mid-April. Despite a slight drop, the rates remain at levels last seen in February. The 30-year fixed rate mortgage is still lower than it was for the same week last year.
Jul 3, 2025 8:00 AM
— Housing Market
Mortgage jobs, others inch up, as rate cut tensions grow
Mortgage bankers and brokers are proceeding with caution in their hiring practices due to uncertainties in the economy and the rate outlook. The Federal Reserve chairman faces political pressure regarding inflation levels, while the 30-year fixed-rate mortgage is expected to remain stable for the time being. HUD is making changes to manufactured housing programs, and the Mortgage Bankers Associati... more
Jul 2, 2025 10:00 AM
— Interest Rates
Refi applications soar as homeowners seize on lower rates
Last week, homeowners took advantage of low interest rates to refinance their mortgages. Mortgage applications have been rising, with borrowers showing interest in FHA loans and refinancing. A mortgage firm is offering a lower interest rate for one year to borrowers who use their services to refinance. Treasuries fell due to a selloff in the UK bond market, and the industry leader filed a rare the... more
Jul 1, 2025 9:00 AM
— Mortgage Lenders
HUD rescinds 12 FHA policies: What home lenders need to know
The Department of Housing and Urban Development (HUD) made changes to its manufactured housing programs, including eliminating the chassis requirement, which mortgage lenders believe will make the program more attractive for participants. This decision is part of HUD's alignment with the Trump administration's deregulatory strategy, despite reports of potential fraud and corruption.
Jun 30, 2025 10:02 AM
— Housing Market
The Fed chose Treasury markets over housing sanity
During a testimony to the House Financial Services Committee, Federal Reserve Board Chairman Jerome Powell evaded questions about the impact of monetary policy on housing, claiming that the best course of action was to restore price stability to bring rates down. The Fed had previously caused a surge in mortgage lending activity and home prices by aggressively forcing mortgage rates down. This pol... more
Jun 27, 2025 5:00 AM
— Mortgage Lenders
Guild LOs bombarded by recruiters after $1.3B deal news
Guild Mortgage is finalizing a deal to go private through a $1.3 billion acquisition by Bayview Asset Management. The potential increase in fraud, corruption, and predatory practices in the mortgage industry due to this acquisition is causing concerns among regulators. The move to private ownership is part of a broader trend of mortgage lenders and servicing players merging. The Senate version inc... more
Jun 27, 2025 3:01 AM
— Interest Rates
Researchers find 'surprise' in new mortgage delinquency data
Early- and mid-stage mortgage delinquencies have seen significant yearly increases, indicating possible signs of borrower financial stress. The 30-year fixed rate mortgage is currently below 6.8% for the first time since May, influenced by the movement of the 10-year Treasury rate.
Jun 26, 2025 3:01 PM
— Mortgage Lenders
Fannie Mae, Freddie Mac revamp JV as fintech venture
Fannie Mae and Freddie Mac are unveiling a new strategy for their legacy joint venture, aligning with priorities set by President Trump and their federal overseer. The US government will retain guarantees and an oversight role over the mortgage giants while pursuing a public offering. The companies are also looking at digital currency's use in qualifying borrowers, and new House votes are bringing... more
Jun 26, 2025 10:01 AM
— Mortgage Rates
Mortgage rates slide after FOMC meeting, Iran attack
Investor reaction to recent events has caused mortgage rates to drop below 6.8% for the first time in over a month, with the 30-year fixed rate mortgage remaining steady. Yields on the 10-year Treasury are climbing due to various factors, and regulatory changes post the Surfside collapse are affecting mortgage access.
Jun 25, 2025 12:01 PM
— Mortgage Rates
Uptick in refinancing leads to higher mortgage applications
Mortgage rates rose slightly last week, but refinancing demand continued to drive overall applications up. Both purchase and refinance activity declined despite rates falling to a two-month low due to market concerns over geopolitical and tariff issues. The average 30-year fixed-rate mortgage increased slightly to 6.86%, calming economic volatility after the Federal Reserve's recent inaction. Howe... more
Jun 24, 2025 8:00 AM
— Mortgage Lending
Trigger lead ban nears finish line in Congress
The Homebuyers Privacy Protection Act, including a trigger leads ban, is close to becoming law after approval by the House of Representatives. The House and Senate need to resolve slight differences before sending it to President Donald Trump. The Mortgage Bankers Association CEO supports the need for guardrails in the ban, stating it aligns with regulatory goals. While transparency in mortgages h... more
Jun 23, 2025 3:04 AM
— Interest Rates
Mortgage pros share tips for riding out volatility
Mortgage lenders are currently experiencing unprecedented levels of volatility driven by geopolitical tensions, trade policy shifts, and global headlines. Despite this, the 30-year fixed-rate mortgage has remained relatively stable since a post-tariff spike. While Agency mortgage-backed securities have slipped since April, the rates are still lower compared to last year. The 30-year FRM has stayed... more
Jun 20, 2025 12:48 PM
— Housing Market
Mortgage servicers benefit most from Fed's inaction: KBW
Following the Federal Open Market Committee's June meeting, interest rate spreads are expected to narrow but the impact on mortgages is mixed. Median home prices have risen to a record high, but sellers are accepting lower offers as the market shifts towards the buyers' favor. Bill Pulte's social media posts criticizing inflation have put pressure on the Federal Reserve chairman. Manufactured hous... more
Jun 19, 2025 5:04 AM
— Housing Market
Baby boomer plans put others' homeownership goals on hold
Baby boomers are not selling homes as expected, with many saying they won't sell for at least another decade, leading to uncertainty in the housing market. Interest in condo units has dropped to a 10-year low due to insurance and fee increases. Major housing markets are experiencing annual home price declines amid high mortgage rates. Inventory of homes for sale is high, leading to a decrease in b... more
Jun 18, 2025 1:32 PM
— Mortgage Lenders
Fannie, Freddie regulator: Powell should cut rates or quit
Fannie Mae's and Freddie Mac's regulator is calling for Federal Reserve Chairman Jerome Powell to step down if he doesn't cut short-term rates. The Trump administration seems less willing to give up control of the mortgage giants, and analysts are unsure if mortgage rates and guarantee fees could rise if the government doesn't privatize Fannie and Freddie.
Jun 18, 2025 9:41 AM
— Mortgage Lenders
Mortgage rates move lower in front of Fed decision
Mortgage rate movements remained stable while investors awaited the conclusion of the Federal Open Market Committee meeting happening later in the day. The top five lenders had a significant mortgage origination volume at the end of Q1. There was a closed meeting between the Federal Housing Finance Agency, the Treasury, and the Securities and Exchange Commission, the first since 2017. The Mortgage... more
Jun 18, 2025 8:00 AM
— Housing Market
Buyers aren't biting on lower rates amid economic doubts
Geopolitical uncertainty is causing fluctuations in the housing market, with rates remaining relatively stable and demand fluctuating. Top lenders have high mortgage origination volumes. Mortgage applications have recently risen after a month of decline. A closed meeting between relevant agencies is the first since 2017. The average 30-year fixed-rate mortgage has slightly increased. A growing sup... more
Jun 17, 2025 2:01 PM
— Mortgage Lenders
ICE Mortgage Technology launches its own APOR index
ICE Mortgage Technology has introduced a publicly available weekly average prime offer rate index. The top five lenders had over $43 billion in average mortgage origination volume at the end of Q1. Agency mortgage backed securities have declined about 1.1% since the beginning of April, trailing Treasuries and the broader US bond market. Some opposition is growing against the Trump administration's... more
Jun 17, 2025 10:24 AM
— Interest Rates
No Fed rate cut until September at earliest, economists say
Economists surveyed by Wolters Kluwer do not expect the Federal Reserve to cut short-term rates at its upcoming meeting, and only a small percentage of them expect any action to be taken in July. Treasuries slumped after US job and wage growth led to reduced expectations of a rate cut by the Federal Reserve. Despite positive economic data, concerns about the economy's direction persist among consu... more
Jun 17, 2025 8:00 AM
— Housing Market
Builders scale back as costs, supply rise
Housing permits fell for the fourth consecutive month, indicating a slowdown in construction due to a weak housing market. However, housing starts increased in April, mainly driven by multifamily home construction. Purchases of new single-family homes also rose significantly, reaching the highest level since February 2022. Despite this, major housing markets are experiencing home price declines, w... more
Jun 16, 2025 7:00 AM
— Mortgage Lenders
DOJ quietly axes more redlining settlements with lenders
The Trump administration is working to reduce Biden-era redlining enforcement. Interest rates do not expect to change soon. A meeting between federal housing agencies, treasury, and the SEC was publicized. Regulators say a Mississippi-based depository satisfied a settlement with the Biden administration. The top five lenders had an average mortgage origination volume of over $43 billion.
Jun 12, 2025 9:55 AM
— Mortgage Rates
Mortgage rates move lower for second week: Freddie Mac
Mortgage rates have remained steady in the low 6.8% range for the past two months after a slight increase in mid-April. The top five banks had a significant wholesale volume at the end of the first quarter. A settlement between two parties involved in a complaint was not detailed, with one party seeking damages. A non-bank lender is noted for offering flexible underwriting and faster origination t... more
Jun 12, 2025 5:03 AM
— Home Equity Line of Credit (HELOC) Market
Banks vs IMBs: who wins the HELOC war?
Non-bank lenders are expanding into the home equity line of credit market and are offering advantages compared to larger competitors. However, fraudulent activity is increasing in the industry, so lenders need to take steps to protect borrowers and their portfolios. Homeowners can currently borrow $50,000 and pay around $100 less per month than they did a year ago. Closed-end home equity volume in... more
Jun 11, 2025 2:03 PM
— Mortgage Rates
Mortgage applications rise for first time in a month
Mortgage applications increased last week, providing hope for the real estate market. The average 30-year fixed-rate mortgage rose slightly to 6.86%. An index of applications for home purchases and refinancing both showed significant increases. The Mortgage Bankers Association reported a drop in their measure of refinancing. The Consumer Financial Protection Bureau identified five rules to review ... more
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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.
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