Mortgage News
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News for: Mortgage News Daily
Showing 481 - 504 of 839 results
Aug 29, 2025 3:27 AM
— Government Programs
Tools for Lenders and Brokers; Homebuyer Survey Interview; Government Programs; CFPB Rulemaking
The article discusses various legal issues related to mortgage fraud, occupancy fraud, and internal disputes within sports teams. It also includes promotions for mortgage lending technologies, AI adoption in the mortgage industry, and correspondent lending strategies. Additionally, it provides updates on government programs such as Ginnie Mae's MBS portfolio, eligibility criteria for existing manu... more
Aug 29, 2025 3:27 AM
— Bond Markets
Generally Exciting, But Specifically Boring
This week in the bond market has been relatively uneventful with low volatility. However, there has been a consistent downward trend in yields, with 10yr yields hitting their lowest point in a while. Mortgage rates have reflected this improvement.
Aug 29, 2025 3:26 AM
— Mortgage Rates
30yr Fixed Rates Officially Back to 6.50%
There is no singular official primary source for mortgage rate levels, so we rely on surveys and data aggregations. The Freddie Mac survey showed rates at 6.56%, but other sources like MND are tracking lower rates. The current index level is at 6.50%, the lowest since October 3rd, and it represents a best-case-scenario rate for borrowers with excellent credit and a large down payment.
Aug 28, 2025 12:14 PM
— Mortgage Rates
Mortgage Rates Hit Another 2025 Low
Average mortgage rates continue to see very small day-to-day changes, with today hitting a technical 'record low' for 2025. The current average rate is 6.51%, the lowest since October 3rd, 2024. The recent rate improvement has been following the August 1st jobs report, with rates remaining in a narrow range since August 4th. Today's improvement was simply a random drift in rates favoring borrowers... more
Aug 28, 2025 3:27 AM
— Housing Market
Home Prices Still Growing, But at The Slowest Pace Since 2012
Both the FHFA and Case-Shiller indices show that home prices are rising year-over-year, but at a slower rate. FHFA data indicates positive year-over-year gains in all nine census divisions, while Case-Shiller shows a slight decline in the 20-City Composite index. Both indices suggest a trend of decelerating price gains.
Aug 28, 2025 3:27 AM
— Housing Market
New Home Market Remains Stuck in Neutral
The July New Home Sales report showed a slight decrease in sales compared to June, with the seasonally-adjusted annual sales rate being 652,000. Sales are down 8.2% compared to July 2024. The market remains stable with little change in sales over the past 2+ years, indicating steady demand but not acceleration. Inventory levels are high, leading to elevated housing costs that limit the benefits to... more
Aug 28, 2025 3:27 AM
— Mortgage Rates
Mixed Mortgage Demand, But Lower Rates Should Help Next Week's Refi Numbers
Mortgage application activity remained relatively stable, with a slight decrease in overall volume. Refinance applications decreased due to a slight increase in mortgage rates, while purchase applications increased. The average loan size also saw an increase. Refinance applications are still higher compared to the same time last year. Mortgage rates hit new lows for the year, which may stimulate r... more
Aug 27, 2025 3:26 AM
— Mortgage Rates
Mortgage Rates Back in Line With Long-Term Lows
Mortgage rates have been relatively stable recently, with the most significant recent changes occurring after the August 1st jobs report and Fed Chair Powell's speech at Jackson Hole. This week's movements have been minimal and could be classified as incidental random drift. The next major event that could impact rates is the upcoming jobs report.
Aug 25, 2025 6:25 PM
— Bond Markets
Fairly Quiet Monday Considering Last Week's Noise
After a bond rally following Friday's Jackson Hole speech, the market has mostly remained within a set range waiting for the next jobs report to potentially challenge it. There have been days of minimal movement and inside trading patterns, with some minor fluctuations in MBS and 10yr yields.
Aug 25, 2025 12:24 PM
— Interest Rates
Mortgage Rates Edge Slightly Higher From Long-Term Lows
After Fed Chair Powell's speech at Jackson Hole last week, rates fell to their lowest levels since October 3rd, 2024, hinting at a potential September rate cut. However, rates mildly corrected today, with conventional 30yr fixed rates moving back up slightly while still near 10-month lows. Mortgage rates are more influenced by Fed rate expectations in the marketplace rather than actual Fed Funds R... more
Aug 25, 2025 8:24 AM
— Bond Markets
New Week, Same Struggles
Bonds rallied after Powell's speech, but overall trading range has been consistent since August 1st job report. Waiting for next job report to potentially challenge range. This week's key event is Friday's PCE inflation which could impact Fed's decision on a September rate cut.
Aug 22, 2025 2:24 PM
— Interest Rates
Jackson Hole Speech Delivers
Powell's speech at Jackson Hole conference hinted at a potential rate cut in September due to concerns about full employment and transitory inflation. This led to a rally in bonds with MBS and 10yr yields decreasing.
Aug 22, 2025 12:23 PM
— Interest Rates
Lowest Rates of The Year (Barely) After Powell Speech
Fed Chair Powell's speech at the Jackson Hole Symposium suggested a potential rate cut in the near future due to weak jobs numbers, leading to a significant drop in mortgage rates - the biggest since August 1st.
Aug 22, 2025 8:23 AM
— Interest Rates
Bonds Cheer Powell Pivot
Fed Chair Powell hinted at the possibility of adjusting policy in light of a weaker jobs report and downplayed tariff-driven inflation as a lasting dynamic. Bonds rallied instantly with short-term yields leading the way and September rate cut odds back to over 90%. 10yr yields are back in the middle of their August range and MBS are near 2025's highs.
Aug 22, 2025 5:23 AM
— Mortgage Lenders
Innovative Products, Retention, Marketplace; Fair Lending Litigation; Powell Speech
The article discusses various companies and services related to mortgages, such as job boards for lenders, solutions for mortgage retention, new programs for second mortgages, and the rebranding of a mortgage team. It also mentions a federal judge's denial of class certification in a lawsuit accusing a major bank of racially discriminatory mortgage lending. Additionally, it touches on the expectat... more
Aug 21, 2025 1:23 PM
— Bond Markets
Some Headwinds Ahead of Powell's Jackson Hole Speech
The week saw mixed results in market data, with inflation components indicating price pressures. Comments from Fed's Hammack and a strong 30yr TIPS auction influenced market movement. Overall, bonds drifted sideways to slightly weaker. Friday's speech from Fed Chair Powell is expected to be the week's main event for volatility potential.
Aug 21, 2025 10:23 AM
— Mortgage Rates
Mortgage Rates Inch Higher Yet Again
This article discusses how mortgage rates are impacted by bond market movement, economic reports, and comments from Fed speakers. Today's data had inflation implications which were unfavorable for rates, and Fed speaker comments also did not support a rate cut in the upcoming meeting. However, the overall damage to the bond market was minimal, resulting in only a slight increase in mortgage rates.
Aug 21, 2025 8:23 AM
— Bond Markets
Mixed Data Making For Weaker Start
Today, economic reports related to the bond market movement were released. The results were not well received, as yields initially moved to unchanged levels but then reversed after higher inflation component in Philly Fed report and S&P PMI data added more pressure. Manufacturing PMI surged higher, and tariff-driven price increases were reported, leading to the second-largest increase in input pri... more
Aug 21, 2025 7:23 AM
— Housing Market
Existing Home Market Still Crawling Along The Bottom Despite Modest Bounce
Existing-home sales increased by 2.0% in July, reaching a seasonally adjusted annual rate of 4.01 million, which is 0.8% higher than the previous year. Affordability and wage growth are contributing to the uptick in sales, with buyers benefiting from more options in the market. Some regions are even seeing price declines, while overall homeowner equity has increased significantly since mid-2019. D... more
Aug 20, 2025 1:24 PM
— Interest Rates
Almost No Reaction to Fed Minutes
The Fed Minutes indicated inflation risks outweighing employment risks, with many Fed members viewing tariff inflation risks as a process that could take months to unfold. Markets are still waiting for labor market data to deteriorate before expecting any major rate relief. Fed rate cuts in September are still likely despite some volatility in Fed Funds Futures mid-day.
Aug 20, 2025 12:23 PM
— Mortgage Rates
Mortgage Rates Barely Budge
Mortgage rates have remained stable for the past 11 business days, with slight increases over the past week. The average top tier 30yr fixed rate has gone up from 6.53% to 6.61% in the last week, resulting in a minor change for borrowers. Rates were slightly higher before the release of the minutes from the most recent Fed meeting, which did not reveal any major new information.
Aug 20, 2025 9:23 AM
— Mortgage Rates
Mortgage Applications Inconsequentially Lower vs Last Week
Mortgage application activity slightly declined last week, with a small increase in mortgage rates that remained near longer-term lows. VA applications fell while FHA refinance applications increased. The Refinance Index decreased slightly but was still higher compared to the previous year. Purchase Index remained flat and higher than last year. The refinance share of total mortgage applications d... more
Aug 20, 2025 7:24 AM
— Bond Markets
FOMC Minutes: Ancient Time Capsule, Or...
The article discusses the limited impact that the FOMC Minutes may have on the bond market this week, as the Federal Reserve's transparency efforts have diminished the significance of the Minutes. It highlights that the Minutes will reflect discussions from a meeting prior to recent key economic reports, emphasizing that they may not provide new information. The main focus for potential market-mov... more
Aug 19, 2025 2:25 PM
— Bond Markets
Slow, Steady, Modest Improvement
Bonds are experiencing low activity and minimal movement, with prices and yields drifting sideways. However, there was some improvement in yields and MBS, and motivations for trading remain low. The upcoming Fed Minutes and Powell's speech at Jackson Hole are not expected to have a significant impact.
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.