News for: Mortgage News Daily
Showing 385 - 408 of 875 results
Oct 17, 2025 3:24 PM
— Mortgage Rates
Logical Pull-Back on Tamer Tariff Talk, But Mortgages Outperform
A Trump comment regarding tariffs on China caused immediate spikes in stocks, bond yields, and volumes, but the impact was short-lived. Mortgage rates remained steady on average after a bond rally on Thursday. Rates are close to September's lows, which are some of the lowest in over 3 years.
Oct 17, 2025 11:24 AM
— Mortgage Rates
Rates Hold Steady Just Above 3 Year Lows
Despite a slightly weaker bond market, the average top tier 30yr fixed rate remained unchanged on Friday. Mortgage lenders had not fully adjusted to the bond market gains from the previous afternoon, keeping rates at the lowest levels seen in just over a month.
Oct 17, 2025 8:24 AM
— Mortgage Technology and Automation
TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?
The article discusses the impact of artificial intelligence on the legal and mortgage industries, including the use of AI in servicing mortgages, AI-powered automation for mortgage lending, and the integration of AI with LoanQuest LOS. Additionally, the article mentions events related to non-QM mortgages and reverse mortgages, a confidential industry survey for loan officers, and the launch of Reg... more
Oct 17, 2025 8:24 AM
— Interest Rates
Bonds Partially Unwinding Yesterday's Liquidity Panic
Yesterday's mystery rally in the short end of the yield curve was due to liquidity/reserve stress in short-term funding markets, not regional bank drama. Market concerns about reserves running thin and the Fed intervening to benefit short-term rates led to the rally. The situation has calmed down with news of Chinese tariffs.
Oct 17, 2025 3:24 AM
— Interest Rates
Block Trades Setting The Tone After Mostly Data-Free Morning
Due to the government shutdown, several economic reports were not released, including jobless claims, Retail Sales, and PPI data. The only data released was the Philly Fed report, which had no impact. Block trades later in the morning caused 10yr yields to rise, leading to a modest increase in both yields and MBS.
Oct 16, 2025 2:26 PM
— Interest Rates
Seriously... No One Seems to Know
There was a large, rapid move in Fed Funds Futures and other short-term rate metrics, leading to a rally in longer-term rates as well. The catalyst for the movement was unclear, with possible factors being regional bank fears and comments from Fed's Waller.
Oct 16, 2025 12:25 PM
— Interest Rates
Mortgage Rates Quickly Approaching Long-Term Lows
Interest rates have experienced significant movement without any clear catalyst. Bond market surged without specific reasons, leading to many mortgage lenders offering lower rates in the afternoon. Conventional 30yr fixed rates are moving from the 6.3's to the 6.1's, indicating potential larger changes. With rates nearing the 6.125% mark, there may be further movement in that direction or a possib... more
Oct 16, 2025 8:26 AM
— Mortgage Technology and Services
Rate Sheet, AI, Verification, Servicing, Flood Tools; Primer on What Builders Can and Can't Do
The article discusses various products, services, and software available to lenders and brokers in the mortgage industry. It highlights tools for flood determination reports, automation for originators, homeowner intelligence apps, mortgage technology, sub-servicing, wire and title fraud prevention, and credit verification products.
Oct 16, 2025 7:24 AM
— Bond Markets
Fairly Flat At Strongest Levels in Weeks
10yr yields ended the day slightly higher than the previous day but still at the best levels since September 17. MBS also slightly increased and reached 4 week highs. The mid-day bump in Treasury yields was not triggered by any obvious reasons, with speculation focusing on liquidity conditions and funding market stress. Overall, the movement was too small to warrant further investigation.
Oct 16, 2025 6:26 AM
— Mortgage Rates
Mortgage Apps Dip, But Demand Still Running Strong After September Surge
Mortgage application activity decreased slightly last week, with total volume falling 1.8% on a seasonally adjusted basis. Refinance activity remains high compared to the previous year, with the Refinance Index slipping 1%. Mortgage rates were mixed, with the 30-year fixed rate decreasing slightly to 6.42 percent. Purchase applications also declined but remained stronger than last year. Refinance ... more
Oct 16, 2025 6:26 AM
— Bond Markets
Everything Winning on Combo of Trade Tensions, Fed Speak, and Earnings
Stocks have rebounded this week after a sell-off sparked by Trump's tariff comments. Bonds initially benefited from the sell-off but have continued to rally due to expectations of a Fed rate cut and comments from Powell supporting another cut in October. Yields are nearing the lower end of the range boundary.
Oct 16, 2025 6:25 AM
— Mortgage Rates
Mortgage Rates Slip to Another Multi-Week Low
Mortgage rates are currently at their lowest levels since September 17th, thanks to the improvement in bonds tied to mortgages. Even though the bond market was flat compared to yesterday, a rally in bonds late yesterday afternoon led to the lower rates today as mortgage lenders adjusted their offerings.
Oct 15, 2025 9:23 AM
— Mortgage Technology
Borrower Monitoring, AI Processing, DPA, Verification Tools; Events and Training; Robots Will do What?
The article discusses various technology tools, services, and products available for lenders in the mortgage industry, including AI-powered platforms, fraud detection solutions, income and employment verification services, and new compensation options for HELOC products. It also highlights upcoming events and webinars related to mortgage technology and borrower intelligence.
Oct 15, 2025 6:26 AM
— Bond Markets
Yields Hug Multi-Week Lows After Powell Speech
Bonds remained resilient over the weekend despite a rebound in the stock market following trade war escalation with China. There was a modest sell-off in the morning, followed by a recovery after Powell's speech. The MBS ended slightly stronger at the close.
Oct 15, 2025 6:26 AM
— Mortgage Rates
Mortgage Rates Maintain Last Week's Gains
Mortgage rates dropped to their best levels since September 17th, with most lenders setting rates at multi-week lows. The range has been relatively narrow for the past 4 weeks. There were no major sources of volatility in the market, but a speech from Fed Chair Powell had the potential to cause some. The event calendar will remain quiet during the government shutdown.
Oct 14, 2025 8:24 AM
— Mortgage Lenders
Signing, Borrower Retention, LOS, QC Audit, AVM Tools; Slowing Economy = Lower Rates
The article discusses various tools and services available for lenders and brokers in the mortgage industry, focusing on automation, subservicing platforms, signing solutions, valuation models, appraisal processes, and quality control. It also mentions how the industry is adapting to changes and modernizing to meet the demands of today's lending market.
Oct 14, 2025 7:23 AM
— Bond Markets
One Of The Few Times We Can Say Strong Red Start
Despite bonds showing some weakness on the screen, they are still considered to have had a stronger start compared to Friday afternoon. 10-year yields and MBS prices have improved this morning compared to last Friday's levels.
Oct 10, 2025 3:23 PM
— Bond Markets
Markets Rocked by New Tariff Drama
Bonds had a decent day due to mid-day stock market drama caused by an unexpected tariff threat from Trump towards China. Despite the uncertainty of how this will play out on Tuesday, bonds managed to rally and reach their best levels of the day after the tariffs were officially announced at the close of trading.
Oct 10, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Lowest Since Fed Day
Mortgage rates experienced a significant decline due to unexpected news on additional tariffs on China announced by Trump, leading to a rally in bonds and a drop in interest rates. Mortgage lenders are now able to offer lower rates as a result of the bond rally, resulting in the average 30yr fixed rate being the lowest since the September 17th Fed meeting.
Oct 10, 2025 11:23 AM
— Mortgage Rates
Refi Demand Ebbs Gradually As Rates Remain Rangebound
Mortgage application activity decreased overall, with refinance applications experiencing an 8% drop from the previous week. Refinance activity remains higher than the same time last year but has decreased significantly from the surge in mid-September when rates were at lows. Purchase applications also declined by 1% but are still showing growth compared to the previous year.
Oct 10, 2025 10:32 AM
— Mortgage Lending
Audit, Interest Rate Risk Products; Gov't Program News; Home Builder Interview; Shutdown and Data Releases
The US Treasury posted a $345 billion budget deficit in August, the 2nd-worst August on record, with government spending surging to $689 billion for the month. The deficit for FY2025 was up to $1.97 trillion, on track to be the 3rd-largest annual deficit in history. In other news, Letitia James has been indicted for mortgage fraud, sparking questions around occupancy fraud. Additionally, mortgage ... more
Oct 10, 2025 6:23 AM
— Bond Markets
Overnight Gains on Fed Comments And Japanese Politics (Really)
Japanese political developments, specifically Takaichi winning control of Japan's LDP party and fears of Japan's central bank selling Treasuries led to Treasury yields rising. However, another party exiting the coalition with the LDP lowered these fears and caused bonds to rally. Comments from Fed's Waller about weak employment and lack of concern about inflation further added to bond gains.
Oct 9, 2025 2:26 PM
— Bond Markets
Uneventful Day; MBS Underperform
MBS underperformed compared to Treasury benchmarks after a round of weekly Treasury auctions, with MBS losing about a quarter point. Bonds are slightly closer to the weaker end of the recent range but still within it. The weaker bond auction led to a slightly weaker response in MBS and 10yr yields.
Oct 9, 2025 12:25 PM
— Mortgage Rates
Mortgage Rates Move Slightly Higher
Mortgage rates have remained relatively stable over the past 3 weeks, with little change for the average lender. Today saw a slight increase in rates due to weaker bond performance, but rates still remain within a narrow range.
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.
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