Mortgage News
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News for: Mortgage News Daily
Showing 409 - 432 of 839 results
Sep 23, 2025 12:24 PM
— Mortgage Rates
Mortgage Rates Little Changed on Tuesday
Mortgage rates are influenced by bonds, which in turn are impacted by economic reports and speeches from Federal Reserve officials. Fed Chair Powell's recent comments did not significantly affect rates, leading to a slight increase in average 30yr fixed mortgage rates compared to yesterday, but rates have remained mostly stable since last week.
Sep 23, 2025 9:24 AM
— Bond Markets
Which Powell Will We Get Today?
Fed Chair Powell will be speaking at a chamber of commerce luncheon in Providence today, providing an opportunity for markets to gain insight into his playbook through a Q&A session. Previous sessions following hawkish bias tend to see Powell pushing back toward a more balanced approach, although sometimes he continues with hawkish talk. The S&P PMI data has been underwhelming, making Powell's Q&A... more
Sep 23, 2025 8:24 AM
— Mortgage Lending
HELOC, AI Assistant, CE, Recapture Products; Market-Based Affordability; LOs and Consumer Data
The article discusses recent developments in the real estate world, such as Compass becoming the largest residential real estate firm after acquiring Anywhere for $1.6 billion. It also mentions conferences talking about government shutdowns affecting lenders, the rise in foreign buyers in the U.S., and the importance of compliance in the mortgage industry. Various companies offer solutions to mort... more
Sep 22, 2025 2:24 PM
— Bond Markets
Slow Burn With Little to Blame
Bonds started the day sideways but gradually lost ground throughout. Multiple Fed speakers made comments but had no clear impact. The losses coincided with the NYSE opening, potentially impacting bond tradeflow dynamics. 10yr yields are up almost 2bps and MBS are down on the day.
Sep 22, 2025 12:24 PM
— Mortgage Rates
Mortgage Rates Roughly Unchanged to Start New Week
Mortgage rates initially dropped to nearly the lowest levels in 3 years after the Fed's rate cut announcement but spiked sharply due to Powell's guidance and negative economic data. Rates eventually calmed down, with Friday's rates slightly lower and remaining steady today. The 30yr fixed rate is now around 6.375% after briefly hitting 6.125% last week. The market is now waiting for the next sourc... more
Sep 22, 2025 9:23 AM
— Interest Rates
Deluge of Fed Speakers as Market Waits For Next Week's Jobs Report
Despite the release of PCE inflation data for August, which is important for assessing progress towards the 2% target, the current week is not considered to have high-consequence data due to various reasons. PCE inflation is not as impactful as CPI since it comes out later and has less surprise potential. The focus is currently on the evolving employment landscape in guiding the next steps for rat... more
Sep 20, 2025 3:24 AM
— Housing Market
Big Drop in Building Permits, But Construction Pace is Still Fairly Steady
The Census Bureau's report for August showed a decrease in total housing starts, led by a decline in single-family starts. Multifamily activity slightly decreased but continues to trend higher. The most significant shift was a sharp drop in building permits, bringing permits and starts into closer alignment.
Sep 19, 2025 12:24 PM
— Bond Markets
Uneventfully Sideways At Modestly Weaker Levels
Friday was a relatively uneventful day in the bond market, with opening levels similar to the previous day's weakest levels. Bonds were slightly weaker overnight but found support at opening levels, leading to some bounces throughout the day. The market may be stabilizing after two days of selling, but larger moves will still depend on economic data. Next week's light economic calendar could be ba... more
Sep 19, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Finally Level Off After 2-Day Rout
Overall, daily mortgage rates are slightly lower today compared to yesterday, although individual lenders may vary. It is considered a 'sideways' day, indicating a pause in the 2-day losing streak that previously raised rates by 0.25%. Despite recent increases, today's rates are still the best in 11 months. The direction of mortgage rates will depend on upcoming economic data in early October and ... more
Sep 19, 2025 10:23 AM
— Housing Market
Builders Counting on Lower Rates to Break the Traffic Jam
Builder confidence levels remained below the key 50 mark, with the September NAHB/Wells Fargo HMI at 32 for the 17th consecutive month. However, the component index focusing on sales expectations for the next 6 months saw improvement, helping to prevent further decline in overall confidence. Affordability concerns persist, but recent drops in mortgage rates may help increase buyer traffic. Pricing... more
Sep 19, 2025 9:33 AM
— Mortgage Rates
Biggest Jump in Mortgage Applications Since 2021
Mortgage application demand has significantly increased, especially for refinances which saw a 58% jump compared to the previous week and a 70% increase from the same time last year. Purchase applications also rose by 3%. However, rates started moving higher in response to the Fed announcement and economic data, reaching the highest levels since before the September 5th jobs report. Refinances are... more
Sep 19, 2025 8:24 AM
— Housing Market
Appraisal, Borrower Mining, Reverse Mortgage Tools; Conv. Conforming News; Rates Creeping Up
The article discusses various topics related to mortgage lending and the housing market, including issues surrounding fraud, credit challenges, improving loan approval rates, technology innovations in the industry, and updates from Freddie Mac and Fannie Mae. It also touches on investor sentiment in relation to the Federal Reserve's policies.
Sep 19, 2025 8:23 AM
— Mortgage Rates
It's Not as Bad as it Seems
Despite some recent fluctuations, 10yr yields are currently at their lowest since April and mortgage rates are the lowest since October. The market is waiting for early October economic data to see if there is cause for concern. Overall, the reaction to recent events seems logical, although it feels quick compared to previous bond and rate trends.
Sep 18, 2025 2:24 PM
— Interest Rates
Will September Deja Vu Continue?
Rates rallied before the Fed rate cut in September 2024 and then increased afterwards due to positive economic data. Lenders are now feeling defensive as rates have risen about a quarter point. The spike is driven by recent developments and could change depending on upcoming economic data.
Sep 18, 2025 12:24 PM
— Mortgage Rates
If You're One of Those People Asking How Much Lower Your Mortgage Rate Quote is After Fed Day, This is Required Reading
Mortgage rates have surged higher, reaching the highest levels in 2 weeks after the Fed rate cut. Some news articles may claim rates are lower, but this is misleading due to the way the data is calculated. In reality, rates have increased sharply in the past two days.
Sep 18, 2025 8:29 AM
— Mortgage Lenders
Internal Audit, Servicing Risk, Rate Reset, Market Analysis Products; Rate's Spanish Program; Fed Cut, Now What?
JPMorgan Chase, Citigroup, Wells Fargo, Bank of America, PNC Bank, and others have decreased their prime lending rate to 7.25 percent following a .250 cut in the U.S. Federal Reserve overnight Fed Funds rate. The Federal Open Market Committee participants favoring a 50-basis-point reduction, echoing President Trump's call for cheaper borrowing rates. Mortgage market research shows that minority ho... more
Sep 18, 2025 6:24 AM
— Interest Rates
Losing Ground After Stronger Econ Data
This morning's economic reports show jobless claims and Philly Fed results, with claims at low levels and Philly Fed stronger than expected. Bonds were slightly stronger before the data, but yields have started to rise since then. Fed Funds Futures had a surprisingly big reaction to the data.
Sep 17, 2025 2:25 PM
— Interest Rates
Fed Day Selling Spree as Press Conference Trumps The Dots
In response to today's Fed announcements, the bond market initially rallied, but later reversed course after Fed Chair Powell's press conference. Powell's comments about the dot plot not indicating two future rate cuts in 2024 led to concerns about the economy, causing yields to rise. Despite the short-term reversal, yields closed around the same levels as two days earlier.
Sep 17, 2025 1:25 PM
— Interest Rates
Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut
On Fed Day, the rate cut announcement is typically the least important aspect for mortgage rates. The dots released by the Fed showing rate forecasts and the press conference with the Fed Chair have a bigger impact on bonds that determine mortgage rates. Today, the dots signaled better odds for two additional cuts in 2025, leading to back and forth volatility in the bond market. Mortgage rates are... more
Sep 17, 2025 9:25 AM
— Interest Rates
What to Expect From The Fed Today
The bond market has fully priced in a 25bp rate cut by the Fed, with the possibility of a 50bp cut not realistically considered. The volatility at 2pm ET will be driven by the release of the dot plot showing Fed member rate expectations, particularly focusing on the 2025 year-end level. The question is whether the median 2025 dot will be 3.875 or 3.625, impacting market expectations. Fed Chair Pow... more
Sep 17, 2025 8:26 AM
— Mortgage Lenders
TBA, DPA Tools; HELOC, 2nd, Jumbo, Non-QM News; Union Home/Sierra Pacific Deal
The article discusses how artificial intelligence is becoming more prevalent in the mortgage industry, with new hires relying on AI for various tasks. It also covers various mortgage-related services, software, and tools for lenders and brokers, as well as an acquisition announcement between Union Home Mortgage and Sierra Pacific Mortgage Corporation.
Sep 16, 2025 2:23 PM
— Mortgage Rates
Big Shift Toward 5.0 Coupons Continues
Mortgage rates have rapidly decreased in September, with 5.0 UMBS outperforming 5.5 UMBS. The spread between the two coupons is now at the tightest levels since early October 2024, leading to a decrease in rates. Near-term volatility risks are present surrounding the Fed dot plot and upcoming jobs report.
Sep 16, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Near 3 Year Lows Ahead of Fed
Mortgage rates decreased significantly today, reaching the lowest levels since late 2022 due to the movement in the underlying bond market. The correlation between bond prices and mortgage rates is usually strong, but occasional discrepancies can occur. The recent shift in interest rates within mortgage-backed securities is influencing the current rate trends. However, upcoming economic data will ... more
Sep 16, 2025 8:30 AM
— Mortgage Lenders
Broker, QC Products; Bank M&A; LOs - Know Your Borrower; Figure's IPO star Mike Cagney Interview
The article discusses various updates and changes in the mortgage industry, including servicers facing new guidelines from HUD, the end of operations for Accurate Quality Control, Early Access Soft Check from TransUnion, MQMR's Monthly Compliance Support program, extending Encompass workflows into the POS, new products at Click n' Close, and technology enhancements at American Financial Resources,... 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.