Mortgage News
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News for: Mortgage News Daily
Showing 673 - 696 of 869 results
Jul 2, 2025 2:00 PM
— Bond Markets
Bonds Circle The Wagons Ahead of High Risk NFP
The bond market is anticipating a lower NFP number despite the consensus of 110k. The ADP employment report showed a significant miss, causing initial bond market rally that was not sustained. Overall, there was minimal weakness with bonds holding steady on the eve of high-consequence data release.
Jul 2, 2025 12:00 PM
— Mortgage Rates
Rates Finally Rise Ahead of Jobs Report
Mortgage rates, after falling consistently for over two weeks, increased by 0.06% today. However, rates are still at their lowest since early April. There is an expectation for rates to bounce back after a winning streak of 5-8 days. The upcoming jobs report and Inflation data could impact the Fed's decision on cutting rates this month, which will, in turn, affect mortgage rates. The market is ant... more
Jul 2, 2025 9:00 AM
— Housing Market
Processing, Lead-Gen Tools; HELOCs, 2nds, Non-Agency Products; Maryland's DSCR Controversy
The article discusses the projected slowing of home price appreciation due to increased supply, steady interest rates, and weaker economic conditions. Various forecasts predict average home price growth ranging from decline to slight increase in the coming years. Additionally, the article mentions new products and services offered by different mortgage-related companies to enhance loan officer lea... more
Jul 2, 2025 7:00 AM
— Bond Markets
Bonds Think About Rallying on ADP Data, But Already Getting Cold Feet
The ADP employment report came out much weaker than expected, prompting a potential rally on the bond market. However, global bond markets are facing pressure from a rout in UK debt and ADP's track record in predicting NFP is hit or miss.
Jul 1, 2025 2:00 PM
— Bond Markets
Traders Buy The Dip After AM Data
Bonds started the day in line with yesterday's levels but were impacted by data releases like the JOLTS report and Senate's spending bill passage. Despite some volatility, bonds remained open-minded ahead of the upcoming jobs report and CPI release. Throughout the day, there was some back and forth movement in bond prices and yields.
Jul 1, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Hold Steady at 3 Month Lows
The average 30yr fixed mortgage rate is currently at a low point, with some lenders offering slightly lower rates due to improvements in the bond market. Job openings data released this morning caused a slight deterioration in the bond market. Thursday's big jobs report could lead to increased volatility in mortgage rates.
Jul 1, 2025 9:00 AM
— Mortgage Industry Developments
FICO Simulation, Georgia Servicing, Recapture Tools; What LOs Should Be Doing Now; Deficits and the New Tax Bill
The article discusses various changes and challenges in the mortgage industry in 2025, such as developments at the GSEs, changes in the servicing landscape, new loan programs, and tools for lenders. It also highlights partnerships between companies to provide innovative solutions for mortgage lenders.
Jul 1, 2025 8:00 AM
— Bond Markets
AM Data Possibly Arguing For a Bounce
Tuesday's economic data included S&P/ISM Manufacturing PMIs and Job Openings. While PMI data was slightly stronger than expected, job openings data showed a significant bounce, suggesting a leveling off after a rapid decline. This led to MBS moving back to yesterday's lows and yields near yesterday's highs.
Jul 1, 2025 8:00 AM
— Housing Market
Slow, Sideways Start, But Month-End Volatility Always a Possibility
Month/quarter end trading can be confusing for the average market watcher as it may seem to defy logical reasons for market movements. While there are underlying reasons for this volatility, they can be complex and require a deeper understanding. Today's economic data has already been released, with no significant impact on trading levels, which have remained mostly stagnant since Friday.
Jun 30, 2025 3:01 PM
— Bond Markets
Steady Gains in the PM Hours
On quarter-end trading, bond buying in the afternoon resulted in yields bottoming out just before the NYSE close. Month-end buying picked up later, leading to a strong move into the close with MBS up almost a quarter point and 10yr down 4.8bps.
Jun 30, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Take Another Step Toward April Lows
Average 30yr fixed mortgage rates were in the mid-6s but have come down slightly in recent days. Economic data in the upcoming week, especially the jobs report, will play a significant role in determining whether rates will continue to decrease or bounce back up. The recent movement in rates was not driven by any specific news or data but rather by traders positioning their portfolios for the end ... more
Jun 30, 2025 9:01 AM
— Regulation and Compliance News
Automation, HELOC Products; The Current State of Regulation and Compliance; Interest Rates Sagging
Mortgage fraud is still a prevalent issue in the United States and Canada. The recent MBA Hawai’i conference discussed regulatory and compliance issues in the mortgage industry. Various companies are offering products, software, and services for brokers and lenders, such as digital HELOC programs and Encompass automation strategies. The CFPB continues to prosecute cases involving consumer protecti... more
Jun 28, 2025 8:00 AM
— Bond Markets
Minimal Impact From PCE Data
Bonds were slightly weaker at the start of the final trading day of the week, but this was not due to the morning's PCE data. The PCE data did not cause much of a stir, despite core monthly inflation being slightly higher than forecast. Lower income and spending offset the higher inflation. Bonds improved slightly, but headlines about the Senate's push to approve its version of the spending bill h... more
Jun 28, 2025 5:03 AM
— Housing Market
New Home Sales Drop to Lower End of Range After Hitting The Highs Last Month
New Home Sales dropped sharply in May, with a 13.7% decrease from April and a 6.3% decrease from the same month last year. Inventory increased to 507,000 homes, resulting in a 9.8-month supply, the highest in several years. Median and average home prices also rose compared to the previous month and year. The decline in sales was most significant in the South and West regions.
Jun 28, 2025 5:02 AM
— Bond Markets
Modest Friday Bounce Does Little to Alter Bigger Picture
Bonds gave up their gains late in the day after a decent recovery, likely due to Senate moving closer to a spending bill vote and Trump declaring an end to trade negotiations with Canada, potentially implying inflation pressure. The week overall saw lower Fed Funds Rate expectations, which will be further influenced by key economic reports in the following weeks.
Jun 28, 2025 5:02 AM
— Housing Market
Pending Home Sales Data Scores Some Points, But Not Enough to Change The Game
The National Association of Realtors' Pending Home Sales Index has been rangebound for over two years due to affordability pressures and elevated mortgage rates. Despite a modest 1.8% increase in May, the index is still below pre-2022 levels. Contract activity remains sluggish due to rate constraints in the housing market.
Jun 27, 2025 10:02 AM
— Mortgage Rates
Mortgage Rates Not Too Far From 8 Month Lows
Friday's mortgage rates held steady, with an average rate of 6.72%, which is close to the lowest it has been since early April. Mortgage lenders tend to offer rates in 0.125% increments, so there is only a small difference from the lows in April. Recent improvement in rates is attributed to softer economic data and inflation. However, rates could increase suddenly if there is a surge in employment... more
Jun 27, 2025 5:03 AM
— Mortgage Lending
Hedging, Processing, Community Lending, Servicing, Mortgage Intelligence Tools
The article discusses the topic of compensation for loan officers in the residential lending industry. It suggests that loan officers can make the same amount of money with lower rates and lower compensation, leading to business growth and less stress. The article also mentions webinars on LO compensation and features products and services from various companies related to brokers and lenders.
Jun 26, 2025 2:00 PM
— Bond Markets
The Trend is Friendly For Now
Bonds have shifted from range-bound to trending lower in yield over the past few days, with today being a confirmation of that shift. Despite yields being at the lowest levels in more than a month, there was solid 7yr Treasury auction today. The data wasn't a huge factor in today's improvement, but there are underlying reasons for the vigor in bonds.
Jun 26, 2025 12:01 PM
— Mortgage Rates
Mortgage Rate Winning Streak Continues
Mortgage rates have been dropping since June 6th, with the 30yr fixed index moving down almost 0.25%. Today's gains further contributed to the drop of 0.07%. The market is shifting to expect a lower path for the Fed Funds Rate, benefiting both rates and stocks. The winning streak for mortgage rates is currently at 5 days, with potential for a bounce in the future.
Jun 26, 2025 7:00 AM
— Bond Markets
Tons of Data, But Not a Ton of Movement
Despite a busy economic calendar with significant reports such as Durable Goods and GDP, trading volume fell short compared to past sessions. Mixed signals in the data have led to a neutral stance for the day.
Jun 25, 2025 2:00 PM
— Bond Markets
Mid Day Reversal Leaves Bonds Slightly Stronger
Bond market experienced light selling pressure initially but bond buyers were able to regain control in the afternoon. The Fed's announcement of changes to banking rules also provided some support to the market. Yields closed at their lowest levels since May 7th.
Jun 25, 2025 2:00 PM
— Mortgage Lending
TBA Trading, Servicing Compliance, Digital Marketing, DPA Products; Bank M&A Continues
The article discusses various topics such as AI, mortgage lending, down payment assistance programs, and space exploration. It highlights the importance of AI in the lending industry, the benefits of HELOCs for borrowers, the evolution of the housing market with automation and AI, and the development of new programs to help borrowers. Additionally, it mentions improvements in pricing for non-agenc... more
Jun 25, 2025 12:00 PM
— Mortgage Rates
Lowest Rates in Over 2 Months
The average top tier 30yr fixed mortgage rate has dropped to the lowest levels since April 4th due to two days of modest improvement. April 4th marked a significant point as rates had sharply increased after that date due to a strong jobs report and tariff concerns. Yesterday's bond market strength led to further improvement in mortgage rates, with lenders issuing mid-day reprices in response.
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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