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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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Showing 697 - 720 of 6688 results
Oct 13, 2026 7:06 AM — Mortgage Rates
Mortgage Rates Today, Tuesday, October 13: A Little Lower
Mortgage interest rates fell slightly today, with the average rate on a 30-year fixed-rate mortgage dropping to 7.32% APR, influenced by a decline in oil prices linked to increased Russian oil supply. This change also benefited bond yields, particularly the 10-year Treasury bond, which directly impacts mortgage rates. Traders are anticipating tomorrow's Consumer Price Index for September, which wi... more
Oct 13, 2026 7:05 AM — Mortgage Rates
US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose
The article discusses recent trends in the mortgage lending market, highlighting fluctuations in mortgage rates and their impact on homebuyers. It emphasizes the challenges faced by potential homeowners due to rising interest rates, which are driving up borrowing costs. Additionally, the piece outlines how various economic indicators, including inflation and employment rates, are contributing to c... more
Oct 13, 2026 7:03 AM — Mortgage Rates
US existing home sales rise in September; higher mortgage rates dim outlook
US existing home sales rose unexpectedly in September, with a 1.5% increase to an annual rate of 3.99 million units, attributed to revisions of August's figures and improved inventory. However, the market remains subdued due to higher mortgage rates nearing 7.5% and record-high median house prices, creating an affordability crisis for many Americans. Sales are down 2.2% year-over-year, demonstrati... more
Oct 13, 2026 7:03 AM — Housing Market
US existing home sales rise in September; higher mortgage rates dim outlook
US existing home sales unexpectedly rose by 1.5% in September, reaching a seasonally adjusted annual rate of 3.99 million units, despite a backdrop of higher mortgage rates. This increase was attributed to a rise in inventory that provided buyers with more options, contrasting with economists' predictions of a decline to 3.95 million units.
Oct 13, 2026 7:02 AM — Mortgage Rates
Home Sales Rise Unexpectedly in September in Defiance of Surging Mortgage Rates
Existing-home sales saw a slight increase in September, rising 1.5% to a seasonally adjusted annual rate of 3.99 million, but remained down 2.2% year-over-year. Home prices climbed marginally to a median of $417,500, while inventory levels rose to 1.60 million units, marking the highest inventory since November 2019. Despite the wealth gain for homeowners, fatigue is evident among buyers and selle... more
Oct 13, 2026 7:01 AM — Mortgage Rates
Higher mortgage rates keep home sales stuck around year-to-date lows
Existing US home sales increased by 1.5% in September, reaching a seasonally adjusted annual rate of 3.99 million despite rising mortgage rates, which climbed from below 7% to around 7.5% during the month. Year-over-year, sales are down 2.2%, and the housing inventory rose to 1.6 million homes, the highest since November 2019, giving buyers more negotiating power amid a challenging market.
Oct 13, 2026 7:01 AM — Mortgage Lending
Trump asks Greece Ambassador Guilfoyle to resign after allegations of improper conduct: White House
Kimberly Guilfoyle, the U.S. ambassador to Greece, has been asked to resign following allegations of improper conduct, including bribery and accepting gifts, that have drawn significant criticism. President Trump expressed dissatisfaction with her actions, and a potential inspector general investigation is being considered. Guilfoyle's lawyers deny any wrongdoing, claiming her financial requests w... more
Oct 13, 2026 7:01 AM — Housing Market
Existing-Home Sales Increased 1.5% in September, According to NAR Report
Existing-home sales rose by 1.5% month-over-month in September but showed a 2.2% decrease year-over-year, according to the National Association of REALTORS®. Sales increased in the South and West but remained steady in the Midwest and dropped in the Northeast. The report indicates that despite the slight monthly gain, August and September were the slowest months for home sales this year, partly du... more
Oct 13, 2026 7:00 AM — Mortgage Rates
More homebuyers are taking a chance on adjustable-rate mortgages, hoping rates will fall—here’s how to think about that bet
With 30-year fixed mortgage rates above 7%, more homebuyers are turning to adjustable-rate mortgages, which currently offer rates about 1 percentage point lower. ARMs made up 10.3% of mortgage applications in the week ending October 2, up from 5.9% a year earlier.
Oct 13, 2026 7:00 AM — Mortgage Rates
Check economic stats under Republicans. The cast your vote. | Opinion
Since President Trump resumed office in January 2025, the economy has shown mixed results. Gas prices surged by 40% due to global oil supply issues, while the average 30-year mortgage rate rose from 6.96% to 7.28%. The job market weakened significantly, with job creation dropping by 72% compared to Biden's term, and unemployment increased slightly. Although the GDP growth declined from 3.1% to 2.1... more
Oct 13, 2026 7:00 AM — Mortgage Lenders
US Existing-Home Sales Edged Up Ahead of Mortgage-Rate Shock
The article discusses updated terms of service and privacy policies related to the use of Bloomberg.com, emphasizing the processing of user information and the rights to opt-out of data sharing.
Oct 13, 2026 6:58 AM — Bond Markets
Stronger Start. It's Complicated
The article discusses recent fluctuations in the bond market, highlighting that recent yield increases have reached multi-decade highs. It emphasizes that the changes in yields cannot be easily attributed to specific news or economic data. There has been some buying activity in longer-term bonds, with investors seeing current yields as attractive entry points. Additionally, changes in Federal Rese... more
Oct 13, 2026 6:35 AM — Mortgage Lending
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
The article discusses the impending interest rate adjustments that around 150,000 homeowners with adjustable-rate mortgages (ARMs) will face this year, with potential increases in their monthly payments by hundreds of dollars due to rising rates. Currently, there are 3.1 million outstanding ARMs, with many still in their initial fixed period. As these loans transition to adjustable rates, some bor... more
Oct 13, 2026 6:29 AM — Interest Rates
Big banks post strong Q3 profits, but warn higher rates and inflation could bite
Wall Street's major banks, including JPMorgan Chase, Citigroup, Wells Fargo, and Goldman Sachs, reported strong profits for the third quarter but expressed concerns regarding the long-term effects of rising interest rates and inflation on consumers and the economy. JPMorgan's profits rose to $15.3 billion, though it missed analysts' earnings expectations, primarily due to a slowdown in its investm... more
Oct 13, 2026 6:25 AM — Mortgage Rates
How adjustable-rate mortgages could backfire on homeowners
The article is primarily focused on a variety of data related to financial news, including market trends, stock quotes, and analysis, but lacks specific details relevant to mortgages or related topics. It emphasizes the importance of keeping informed about economic conditions that could potentially impact mortgage rates and lending.
Oct 13, 2026 5:17 AM — Home Equity
How to Use Your Home Equity Without Giving Up Your Low Mortgage Rate
The article discusses how homeowners with low mortgage rates can access their home equity without refinancing. Home equity lines of credit (HELOCs) and home equity loans allow homeowners to tap into their equity for various needs such as paying off high-interest credit card debt or financing necessary home repairs. The article explains how these financing options work, their benefits, and the cons... more
Oct 13, 2026 5:15 AM — Housing Market
Skip The Mortgage: Why I Prefer REITs For Passive Income In 2026, Two Picks To Consider
The article discusses the perspective of a military veteran on homeownership, suggesting that many veterans view buying a house as a key way to build sustainable wealth. The author shares this opinion in response to inquiries from family and friends about the value of purchasing a home.
Oct 13, 2026 4:40 AM — Housing Market
Mortgage Rates Plunge | Housing Market Update Alex Pereira (ffX9b2vJ4S)
The article describes a video series providing housing market updates, covering home sales and prices, inventory, days on market, mortgage rates, foreclosures, and local market trends. It also mentions homebuyer calculators and educational resources.
Oct 13, 2026 4:35 AM — Mortgage Lending
Accounting and Financial Management Conference
The article discusses a facilitated session featuring Ginnie Mae and CSBS representatives who address the evolving risk landscape in the mortgage industry. Panelists share insights on monitoring and assessing counterparties, highlighting changing oversight practices and areas of focus for mortgage lenders. Key speakers include Pete Mills from the Mortgage Bankers Association, Kevin Byers from the ... more
Oct 13, 2026 4:35 AM — Mortgage Lending
Accounting and Financial Management Conference
The article highlights an educational event for accounting and tax professionals in the mortgage industry, featuring expert speakers addressing a range of topics that include the accounting treatment of loans, servicing arrangements, hedging, and derivatives. The session allows attendees to ask questions anonymously and aims to provide insights into compliance and regulatory matters within mortgag... more
Oct 13, 2026 4:35 AM — Housing Market
Prediction: A Bear Market Is Coming. Here's What History Says Investors Should Do Based on 100 Years of Data.
The article discusses the cyclical nature of the stock market, predicting an eventual bear market where major indices like the S&P 500 will decline by 20% or more. It emphasizes the importance of maintaining a long-term perspective during market fluctuations and highlights the average annual returns of the S&P 500. The piece encourages investors to stay calm and understand that strong long-term re... more
Oct 13, 2026 4:13 AM — Mortgage Lending
Longbridge Financial elevates Larissa Morrell to VP of product development
Longbridge Financial promoted Larissa Morrell to vice president of product development. She will lead product strategy and coordinate with teams across the company to develop and implement offerings for reverse mortgages and senior-focused home equity lines of credit. Morrell brings more than 20 years of mortgage experience and has contributed to Longbridge’s HELOC for Seniors and Platinum reverse... more
Oct 13, 2026 4:05 AM — Mortgage Lending
JPMorgan profits rise as Jamie Dimon warns economic forces 'shift under the surface'
JPMorgan Chase reported a 6% rise in profits for the third quarter, totaling $15.3 billion, despite some declines in revenues from key Wall Street businesses. The bank's CEO, Jamie Dimon, highlighted ongoing concerns such as fiscal deficits and rising interest rates, which could impact future economic conditions. Trading revenue rose 15%, and core lending revenue increased by 13%, reflecting stron... more
Oct 13, 2026 4:00 AM — Housing Market
Why the Mitchells sold the builder but kept the land platform
Century Communities acquired History Maker Homes to enhance its competitiveness in the Dallas-Fort Worth market. The Mitchell family, which operated History Maker for over 75 years, chose to retain its land development and build-to-rent businesses instead of the homebuilding operation, highlighting a strategic shift towards capital efficiency by separating homebuilding from land development. This ... more
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