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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

Each article is summarized for your convenience. Click on the title to see the original.

News for: CNN
Showing 25 - 29 of 29 results
Aug 14, 2025 9:23 AM — Market Conditions
Mortgage rates fall to lowest level in 10 months
CNN
The article discusses the Fear & Greed Index in the markets, which measures investors' sentiments of fear or greed. It explains how this index can be used as an indicator of market conditions.
Jul 30, 2025 12:37 PM — Federal Reserve Decisions
Fed keeps interest rates unchanged for fifth-straight time
CNN
The Federal Reserve has decided to hold rates steady for the fifth-straight time, despite President Trump's pressure for a rate cut. Trump argues that his tariff policies won't lead to inflation but central bankers want to monitor the impact of his policies before making any moves. Two Fed governors voted against consensus supporting a rate cut this month, which is unprecedented in three decades. ... more
Jul 17, 2025 4:00 AM — Mortgage Rates
They bought a house expecting rates to fall. They’re still waiting
CNN
Many Americans who locked in a home loan rate above 6% have been waiting for rates to drop and a chance to refinance, but relief has not come. Mortgage rates have remained high for nearly three years, with the average 30-year fixed mortgage rate stuck just under 7%. This has led to higher monthly payments and financial strain for homeowners. Some individuals who took out adjustable-rate mortgages ... more
May 22, 2025 10:00 AM — Mortgage Rates
Mortgage rates climb to highest level in more than three months amid bond market unrest
CNN
Mortgage rates are rising back towards 7%, reaching the highest level since mid-February. The increase is due to growing concern about the national debt, which has impacted home borrowing rates as they track the 10-year Treasury yield. These elevated rates, combined with increasing home prices, have slowed down the spring home buying season. However, national home prices continue to rise, reaching... more
May 21, 2025 7:00 PM — Mortgage Lending
Trump ‘giving very serious consideration’ to spinning off mortgage giants Fannie and Freddie
CNN
President Donald Trump is considering privatizing Fannie Mae and Freddie Mac, government-sponsored entities that play a crucial role in the home mortgage market. Some experts warn that privatization could lead to higher mortgage rates and make it more expensive for Americans to borrow money to purchase a home. Trump's attempt to privatize Fannie and Freddie in 2019 was unsuccessful. Privatizing co... more
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