News for: Mortgage News Daily
Showing 433 - 456 of 875 results
Sep 26, 2025 1:23 PM
— Mortgage Rates
Mortgage Rates End Week as it Began
Mortgage rates experienced significant fluctuations last week, hitting the lowest levels in nearly a year before abruptly spiking after the Fed announcement. This week, rates have remained relatively stable due to economic data being in line with forecasts. Top tier 30yr fixed rates have been in the high 6.3's since last Friday, which is still lower than anything else since last October. The upcom... more
Sep 26, 2025 12:24 PM
— Housing Market
Nothing New For Existing Home Sales
Existing-home sales remained steady in August, with a seasonally adjusted annual rate of 4.0 million, down slightly from July but up 1.8% from a year ago. Sales have been around 75% of pre-pandemic levels for three years. NAR Chief Economist Lawrence Yun noted that mortgage rates are easing and inventory is improving, which may bolster future sales. The market is characterized by stable demand, sl... more
Sep 26, 2025 7:29 AM
— Bond Markets
Minimal Reaction to PCE Data
The PCE inflation report is important for assessing progress toward the Fed's 2% target, but it lags behind other reports like CPI/PPI, making it less relevant to the bond market. Core PCE was on target with minor differences in the supercore PCE, which excludes housing.
Sep 25, 2025 8:23 PM
— Bond Markets
Reasonably Resilient After AM Losses
Bonds responded logically to upbeat economic reports, with 10yr yields treating 4.19% as a support level. Despite additional selling after data and a 7yr auction, the bond market remained mostly sideways with slight weakening.
Sep 25, 2025 11:25 AM
— Interest Rates
Mortgage Rates Slightly Higher After Upbeat Economic Reports
Thursday's economic reports included an upward revision of GDP data for Q2, lower weekly jobless claims, and stronger demand for big ticket manufactured goods. These reports led to the bond market moving to weaker levels resulting in slightly higher mortgage rates for the day.
Sep 25, 2025 8:39 AM
— Mortgage Lenders
Loan Pricing, AI Marketing, Fee Collection, QC, Borrower Mining Tools; $2 Trillion in 2025? Non-Agency Marches On
U.S. homeowners hold a record $17.8 trillion in equity, with $11.6 trillion considered 'tappable'. The Mortgage Bankers Association (MBA) expects a 1 percent home price appreciation rate. Lenders are preparing for new quality control standards. Various companies are offering services and products related to mortgage lending, such as intelligent marketing solutions and warehouse lending. ACES Quali... more
Sep 25, 2025 8:24 AM
— Bond Markets
Stronger Data Hurting Bonds
Economic data, including jobless claims, durable goods, and GDP, came out stronger than expected this morning. Bonds pulled back but are still supported by the 4.19% technical level in 10-year bonds.
Sep 24, 2025 1:23 PM
— Bond Markets
Weaker Thanks to 2 Kinds of Supply
The bond market is experiencing weakness due to factors that may have decreased demand or increased supply, with this week's Treasury auction cycle contributing to the latter. The market also saw unexpected additional supply in the form of a $15 billion issuance, leading to moderate weakness overnight.
Sep 24, 2025 12:24 PM
— Mortgage Rates
Mortgage Rates Fairly Flat Despite Bond Market Volatility
Mortgage rates typically align with the movement of the bond market, but day-to-day discrepancies can occur depending on market volatility. Yesterday, bonds improved in the afternoon, suggesting lower mortgage rates, but most lenders did not adjust rates in time. Today, bonds are weaker, indicating potentially higher rates, but lenders have not raised rates to reflect yesterday's market changes.
Sep 24, 2025 8:24 AM
— Bond Markets
Quieter Calendar Leaves Focus on 5yr Auction
This week's economic calendar had some activity with unscripted comments from Fed Chair Powell, other Fed speakers, and an S&P PMI report. Today's only significant monthly report is New Home Sales, which typically doesn't impact bonds much. The 5yr Treasury auction and a bond announcement from Oracle at 8am ET are likely driving some moderate weakness in the market.
Sep 24, 2025 8:24 AM
— Mortgage Rates
HELOC, Reverse, Borrower Mining, Fraud Detection Tools; MBA and Fannie Forecasts; What's up with Better?
The MBA is predicting a slowdown in the future due to job growth slowing down and increased job search times. They expect minimal impact on mortgage rates and 10-year Treasury yields despite the possibility of 2-3 fed funds cuts. Fannie Mae expects mortgage rates to end 2025 and 2026 at 6.4 percent and 5.9 percent, respectively. This is occurring in a market where many down payment programs have h... more
Sep 23, 2025 2:24 PM
— Bond Markets
Modestly Stronger After No Whammies From Powell
Last week, the press conference with Fed Chair Powell was seen as more hawkish than expected, leading to a selling spree in the bond market. However, over the past 3 days, the market has mostly been sideways. Today, yields almost reached Thursday's closing levels, with the majority of the movement occurring after Powell finished a Q&A session. Traders were relieved that Powell did not reinforce th... more
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.
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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