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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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Showing 4753 - 4776 of 5267 results
Jun 5, 2025 3:21 AM — Mortgage Rates
Mortgage and refinance interest rates today, June 5, 2025: Bond rally sparks lower mortgage rates
The article discusses the current mortgage interest rates, including the national averages for 30-year fixed, 20-year fixed, 15-year fixed, and ARM rates, according to Zillow data. It explains the differences between fixed-rate and adjustable-rate mortgages, as well as factors that impact mortgage rates such as economic conditions. It also mentions the best mortgage lenders for lowest rates, the i... more
Jun 4, 2025 3:24 PM — Interest Rates
Big Bond Rally After ADP and ISM
Weak economic data, including ADP Employment and ISM Services reports, led to improvements in rates and yields. The market reacted positively to the data, with MBS and 10yr yields experiencing gains. However, if the upcoming jobs report does not agree with the ISM data, bonds may have to give back some of the gains.
Jun 4, 2025 3:00 PM — Mortgage Rates
When will mortgage rates go down to 5%?
The article discusses the likelihood of mortgage rates falling into the 5% range due to possible economic triggers, such as a recession. It explains that the Federal Reserve's rate cuts do not directly correlate with lower mortgage rates. Realtor.com's chief economist, Danielle Hale, mentions that lower mortgage rates could attract both buyers and sellers back into the market, potentially causing ... more
Jun 4, 2025 2:23 PM — Mortgage Rates
Biggest Daily Drop For Mortgage Rates in Over a Month
Mortgage rates have dropped, with the average lender now offering rates that are about an eighth of a percent lower in just over a week. Today's average top tier 30yr fixed rate is down to 6.87% from 6.96% yesterday, marking the best single day drop since mid April. Economic data, particularly concerning the labor market and service sector, are influencing these rate changes.
Jun 4, 2025 2:00 PM — Mortgage Rates
Mortgage rates dip again, still near 7%
The article discusses the current mortgage rates, the factors influencing them, and the impact of inflation on mortgage rates. It also mentions that mortgage rates are likely to stay in the 6.5 percent to 7 percent range for the near future.
Jun 4, 2025 1:24 PM — Home Equity Loans
Closed-end seconds lead overall home equity loan growth
The TransUnion report found that closed-end home equity loan annual growth outpaced its line of credit cousin in the fourth quarter. Homeowners can borrow $50,000 and pay around $100 less per month compared to last year. More homeowners are opting for HELOCs, but there is a knowledge gap regarding its use. Wall Street is seeing an increase in home equity loans as buying new homes become more diffi... more
Jun 4, 2025 10:22 AM — Mortgage Lenders
From mortgage rates to prices, here are 3 housing-market predictions for 2025 from Goldman Sachs
The article is promoting a subscription service that offers unlimited access and possibilities for a monthly or annual fee. Subscribers will have the option to cancel anytime and will be able to enjoy ad-free content.
Jun 4, 2025 9:00 AM — Housing Market
MBS Pooling, HELOC, Verification Tools; Listings Hit All-Time High; Marginal Costs to Produce a Loan
The housing market in the US is currently facing an inventory surplus with home sellers sitting on nearly $700 billion worth of listings, an all-time high. There are nearly 500,000 more sellers than buyers, leading to potential impacts on home prices. The NAR Chief Economist predicts an increase in existing and new home sales, along with a rise in median home prices and mortgage rates in the comin... more
Jun 4, 2025 8:24 AM — Bond Markets
JOLTS Data Didn't Help, But it Didn't Hurt Much Either
Bond market showed moderate strength overnight, weakened after Job Openings data was released but recovered in the afternoon. Headlines about the Senate taking up the budget bill did not have a significant impact on the bond market. Overall, bonds closed roughly unchanged. Next focus is on ISM Services data. 10yr yields ended slightly higher at 4.47, MBS slightly down, but there was a decent recov... more
Jun 4, 2025 8:23 AM — Bond Markets
Weaker Econ Data. Lower Yields
The bond market had a simple morning as key economic reports came in weaker than expected. ADP employment numbers were significantly lower than forecasted, while ISM Services data showed weaker growth metrics but an increase in the employment index. The ISM price index also continues to rise, catching the attention of the bond market.
Jun 4, 2025 8:23 AM — Mortgage Rates
Will mortgage rates fall after the Fed's June meeting?
The article discusses the current interest rate climate in 2025, with inflation declining and potential relief from high mortgage rates. It explains that mortgage rates don't directly correlate with Federal Reserve policy changes but track closer to the 10-year Treasury yield. Experts predict that rates will likely stay in the mid-to-upper 6% range through mid-2025, despite potential Fed rate cuts... more
Jun 4, 2025 8:22 AM — Mortgage Rates
Understanding Today’s Mortgage Rates: Is 3% Coming Back?
The article discusses how buyers are waiting for mortgage rates to come down to historic lows of 3%, but experts believe rates will settle in the mid-6% range by the end of the year. It emphasizes the importance of not waiting indefinitely for lower rates and instead working with real estate agents and lenders to navigate the current market.
Jun 4, 2025 6:00 AM — Mortgage Rates
One year of mortgage rates: See how often they change
Mortgage rates fluctuate daily and are influenced by market conditions, with the most movement seen on Wednesdays and Fridays. The rates are impacted by various factors including the federal funds rate and the 10-year Treasury yield. Other factors affecting mortgage rates include credit score, down payment amount, loan term, and type of loan. Locking in a mortgage rate for 30 to 60 days can help s... more
Jun 4, 2025 4:00 AM — Mortgage Rates
Mortgage demand drops for the third straight week, even as interest rates ease
Mortgage rates fell slightly last week, but mortgage demand dropped. Refinance activity declined while applications to purchase a home also fell. However, purchase demand was higher than last year due to increased supply in the housing market. Mortgage rates have been relatively stable for the past two months.
Jun 4, 2025 3:03 AM — Mortgage Rates
Mortgage Rate News
Bankrate's experts provide the latest mortgage news, rates, and insights supported by data and personal experience.
Jun 4, 2025 3:00 AM — Mortgage Rates
Mortgage and refinance interest rates today, June 4, 2025: Rates drop across the board
Mortgage interest rates have decreased, with the 30-year fixed rate falling to 6.79%, the 20-year fixed rate to 6.46%, and the 15-year mortgage rate to 5.94%. The lower rates are attributed to bond yields dropping since May. Mortgage refinance rates are typically higher than rates for buying a house. The advantages and disadvantages of different loan terms like 30-year fixed, 15-year fixed, and ad... more
Jun 4, 2025 1:00 AM — Mortgage Rates
Mortgage Rates Are Trapped in 'Groundhog Day'
Mortgage rates have been stuck at high levels due to the back and forth on tariffs between the Trump administration and the courts. The uncertainty caused by tariffs has hindered the Fed from lowering interest rates and has kept the mortgage market in a standstill. The potential impact of Trump's tariffs on inflation and the economy has left experts predicting that mortgage rates are unlikely to d... more
Jun 3, 2025 3:00 PM — Home Equity Loans
Should you tap your home equity in a recession?
Shannon Martin and her husband took out a personal loan to renovate their run-down Victorian Era home. They plan to pay off the loan with a HELOC later in the year but face uncertainty due to potential economic downturns and recession. Martin's dilemma raises the question of tapping into home equity during uncertain times.
Jun 3, 2025 1:00 PM — Interest Rates
Uneventful Day For Mortgage Rates
Economic reports, like the Job Openings and Labor Turnover Survey (JOLTS), have the potential to influence mortgage rates. Despite some volatility, the mixed message from the JOLTS report ultimately led to rates staying in line with the previous day's levels.
Jun 3, 2025 9:00 AM — Mortgage Finance
Originations Suppressed Amid Elevated Interest Rates
The article discusses the latest trends in the mortgage market and how they are impacting mortgage lending. It highlights changes in interest rates, housing market conditions, and the role of mortgage lenders in the current market environment.
Jun 3, 2025 9:00 AM — Mortgage Lending
Borrower Psychology, Marketing, DSCR, AUS for Non-QM; Note on LO Strategy; Supply Manager's Telling Comments
The article discusses the importance of listening in the mortgage industry, various mortgage-related workshops, settlement solutions by ICE Mortgage Technology, an upfront Automated Underwriting System for non-QM lending by Prudent AI, and upcoming industry events and services.
Jun 3, 2025 8:24 AM — Mortgage Rates
Rates go down: Will it continue? - Current mortgage and refinance rates for June 3, 2025
Average mortgage rates for various terms have decreased compared to a week ago, but 30-year borrowing costs are still near 7 percent. Despite the high rates, there is pent-up housing demand, and any significant decrease in mortgage rates could help release this demand. The article also mentions concerns about the economic effects of tariffs and the tax bill on mortgage rates in the future.
Jun 3, 2025 8:00 AM — Interest Rates
Fed and Data Temper Overnight Rally
10yr yields dropped modestly to 4.41. Resistance is expected at these levels if there is no data-based inspiration. We are seeing weakness after stronger job openings figures and hawkish comments from Fed's Bostic.
Jun 3, 2025 3:03 AM — Mortgage Rates
Most rates decline: Will it continue? | Current mortgage and refinance rates for June 2, 2025
National mortgage rates for 30-year fixed, 15-year fixed, and jumbo mortgages have mostly decreased, while rates for ARM loans have risen. The median national existing-home price is at a record high of $414,000. The 30-year fixed mortgage rate is currently at 6.93 percent, with other rates for different loan types also listed. There are concerns about the economic effects of tariffs and the tax bi... more
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