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: Mortgage News Daily
Showing 601 - 624 of 839 results
Jul 18, 2025 2:01 PM
— Bond Markets
Needle Threaded. Now What?
This week there were potential high-impact events such as the CPI data and Trump/Powell headlines that could have caused big moves in bonds/rates, but the actual impact varied. Ultimately, the market ended the week almost unchanged from the previous week.
Jul 18, 2025 2:01 PM
— Mortgage Rates
Mortgage Rates Barely Budge Today and This Week
Despite the potential for a big reaction to inflation data, mortgage rates managed to hold flat overall for the week. Friday saw a small decrease in rates, but overall, things remained relatively stable. There was no decisive momentum from the week's events, and it is unlikely that there will be another significant reaction until the first week of August.
Jul 18, 2025 12:01 PM
— Mortgage Rates
Rising Rates Hit Mortgage Apps, But Pace Remains Better Than 2024
Mortgage application activity decreased significantly last week due to higher rates, with the Composite Index falling 10.0% on a seasonally adjusted basis. Refinance applications fell by 7% from the previous week, but are still higher compared to a year ago. Purchase applications also dropped by 12%, reaching their lowest level since May.
Jul 17, 2025 2:01 PM
— Bond Markets
Bonds Unfazed by Econ Data
After the release of economic data in the morning, the bond market initially showed some selling/weakness but quickly turned to bond buying due to a downtrend in discretionary consumer spending. This led to bonds staying in positive territory for most of the day, despite a slight afternoon correction back to unchanged levels.
Jul 17, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Staying Broadly Sideways
Mortgage rates have remained relatively stable despite recent economic data and news headlines. The Retail Sales report suggested a slowdown in discretionary spending, which is generally good for rates, but it wasn't significant enough to cause a major change. The bond market improved slightly after the data, but mortgage rates only shifted by a minimal amount. The economic calendar for the next t... more
Jul 17, 2025 9:00 AM
— Bond Markets
Decent Start Despite Stronger Retail Sales Headline
The Retail Sales report came out stronger than expected, even when excluding certain categories like autos, gas, and building materials. This would typically pressure bonds, but revisions and lower inflation-adjusted spending helped push bond yields lower today.
Jul 16, 2025 2:00 PM
— Bond Markets
Bonds Give Free Preview of Post-Powell Momentum
Reports that Trump was considering firing Powell caused longer-term yields to rise in the bond market. Despite Trump later saying he's not considering firing Powell, traders remained skeptical and favored shorter-term debt. Overall, 10yr yields and MBS made gains during the day amidst the drama behind the scenes.
Jul 16, 2025 12:00 PM
— Interest Rates
Mortgage Rates Mostly Sideways After Dodging Mid-Day Drama
Inflation data released this morning was more favorable for the bond market and interest rates compared to the previous day. Trump discussing firing Fed Chair Powell caused some mid-day drama leading to potential increases in mortgage rates. However, most lenders reversed course as the situation calmed down. The Fed Funds Rate does not directly dictate mortgage rates, and a potential replacement f... more
Jul 16, 2025 9:00 AM
— Mortgage Lending
TBA Settlement, Processing, HELOC, Purchase Advice Mgt. Tools; JPMorgan to Charge For Info?
JPMorgan informed FinTechs that it will charge for access to customers' bank information, potentially leading to increased fees for lenders and other financial services. The gig economy is growing, with certain industries showing notable growth from 2018. JPMorgan reported an increase in mortgage origination volume but a decrease in production income offset by an increase in servicing income. Hous... more
Jul 16, 2025 8:00 AM
— Bond Markets
PPI Reaction Playing Out Better Than CPI So Far
The article discusses how the reaction to PPI data was different from the reaction to CPI data the previous day. PPI being lower than expected indicated a milder impact from tariffs compared to CPI categories affected by tariffs. The PPI data showed that the worst offenders were domestic, leading to a modest rally in response.
Jul 15, 2025 2:02 PM
— Bond Markets
What's Up With The Paradoxical CPI Reaction?
Despite a smaller impact from tariffs than expected, both stocks and bonds sold off sharply at 9:30 am following the release of the top line CPI numbers. However, the weakness continued as MBS and 10yr yields fluctuated throughout the day.
Jul 15, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Move Higher Despite Decent Inflation Reading
Mortgage rates are typically influenced by inflation reports. Today's inflation numbers were lower than expected, causing bond trading to initially imply lower rates. However, the impact of tariffs on certain CPI categories led to a more muted reaction in terms of the Fed rate cut outlook.
Jul 15, 2025 9:00 AM
— Mortgage Lenders
Corresp. and Wholesale, Internal Audit, Verification Products, Redlining Webinar; When LOs Should Prospect
The article discusses the integration of AI in financial services, specifically at Goldman Sachs, where an autonomous software engineer named Devin is being piloted. The advancement in AI technology is a growing concern for financial services leaders, and there is a need for more knowledge and strategy at the board level. The article also mentions other services and programs for lenders, such as T... more
Jul 15, 2025 6:00 AM
— Bond Markets
Tariffs Show Up in CPI, But Not Enough to Hurt
Tariffs did not have a significant impact on this month's inflation, as housing, medical care, and professional services were the main drivers of higher inflation. Bonds rallied initially due to CPI coming in below forecast, but the persistence of non-tariff-driven inflation caused uncertainty, resulting in a modest rally that did not push yields significantly lower.
Jul 14, 2025 2:01 PM
— Bond Markets
All Eyes on CPI
Bonds have been slightly weaker in July but have remained relatively stable since last Tuesday. There is anticipation for the release of the Consumer Price Index (CPI) data for June, which is expected to show tariff impacts. Depending on the results, rates may be affected, and potential volatility is to be expected.
Jul 14, 2025 12:00 PM
— Interest Rates
Mortgage Rates Just a Hair Higher Ahead of Important Inflation Report
Mortgage rates have remained steady, with slight increases, after a period of overall rising rates. The upcoming release of the Consumer Price Index (CPI) is anticipated to have a significant impact on interest rates, especially considering the potential effects of tariffs on inflation. Depending on the CPI results, rates could either increase further or recover slightly.
Jul 14, 2025 9:01 AM
— Mortgage Lenders
HELOC, Servicing, AI Fee Research Tools; Webinars and Training; Anti-Poaching Interview
UWM Holdings Corp CEO and SFS Holding Corp sold shares of UWM Class A Common Stock, netting $5 million. UWM has invested $100 million in Bilt, a company offering rewards for housing payments. Bilt raised $250 million in new funding, introducing Bilt Card 2.0. Various companies are offering services, products, and programs for lenders and brokers in the mortgage industry. LoanCare offers subservici... more
Jul 14, 2025 8:00 AM
— Treasury Rates
Empty Calendar and a Sideways Start
Monday saw low volumes and volatility in trading, with a small amount of selling in Treasuries at 7am but a recovery after the NYSE open. Overall, not much has changed since last Tuesday, with bonds rallying in June but early July weakness erasing those gains. Investors are now waiting for Tuesday's CPI data to see if yields will stay around 4.5%.
Jul 12, 2025 7:02 AM
— Non-QM Lending
AI Retention, Jumbo AUS, Bridge, HELOC Products; Wholesale and Investor News
Lock tracking increased by 2% in June, with non-QM locks accounting for over 7% of total volume. Refinances decreased by 21% week over week, while the purchase index decreased by 19%. Flyhomes Cash Offer helped a California borrower beat 22 offers, with up to 105% LTV and no contingencies required. Moder builds technology to help mortgage players become more efficient and customer-focused. Aithena... more
Jul 12, 2025 7:02 AM
— Bond Markets
Overnight Selling But Still in The Range
The article discusses the announcement of a 35% tariff on Canadian imports starting August 1st, which is an increase from the previously-slated 25%. Exemptions for USMCA goods and energy/fertilizer are probable but TBD. This development is a concern for the bond market from an inflation standpoint, leading to losses in both stocks and bonds overnight.
Jul 12, 2025 7:01 AM
— Bond Markets
Bonds Bracing For CPI Impact
Stocks sold off in response to the announcement of 35% tariffs on Canada, leading to bonds drifting into weaker territory throughout the day. Market is anticipating Tuesday's CPI report to see if the tariffs have impacted the data significantly. Friday's weakness in bonds could be a result of investors waiting for the upcoming data release.
Jul 11, 2025 11:04 AM
— Mortgage Rates
Highest Mortgage Rates of The Week, Just Barely
Mortgage rates have been mostly sideways but are slightly higher this week compared to last week. The movement in rates is attributed to last week's strong jobs report and anticipation of the upcoming Consumer Price Index report. If inflation increases, rates are likely to move higher. If inflation remains low, market expectations of a lower Fed Funds Rate could lead to lower mortgage rates.
Jul 11, 2025 7:02 AM
— Bond Markets
Week's Only Relevant Data is Not Bond-Friendly
The article discusses how the weekly jobless claims data was the only relevant economic report for the week, with numbers showing no cracks in the labor market. Despite Continuing Claims remaining elevated, they stayed below long term highs from 3 weeks ago. This resulted in the bond market moving into slightly weaker territory.
Jul 10, 2025 3:01 PM
— Bond Markets
Fed Speakers and Auction Help Bonds Hold Steady
Bonds lost a small amount of ground today but are holding steady on the week. Fed speakers reiterated dovish messages, and the Treasury auction wasn't especially strong. MBS and 10yr yields saw some fluctuations throughout the day, with modest changes at the close.
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.