Mortgage News
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News for: Mortgage News Daily
Showing 721 - 744 of 857 results
Jun 11, 2025 10:00 AM
— Mortgage Lenders
Processing, Non-QM, LOS, Warehouse Tools; Legal Firm and Compliance News
The article discusses various updates in the mortgage industry, such as foreclosure rates, new cloud-native LOS platforms, non-QM lending, and third-party loan processing services. It also mentions the importance of mortgage compliance and the CFPB's role in the industry.
Jun 11, 2025 7:01 AM
— Interest Rates
CPI Comes in Low Enough to Help
Today's CPI data showed a monthly core number of 0.1 vs 0.3, leading to a limited response in the market. Despite the lower inflation numbers, Fed Funds Futures did not react much and 10-year yields only dropped slightly before bouncing back.
Jun 10, 2025 2:00 PM
— Bond Markets
No Drama Today. How About Tomorrow?
After a slow start, the bond market remained flat throughout the day despite a weak 3yr Treasury auction. Trade talks between the US and China are potentially extending into a 3rd day. Tomorrow's focus will be on trade-related news, a 10yr Treasury auction, and CPI data. The market cares more about long-term inflation outlook rather than current data.
Jun 10, 2025 1:00 PM
— Mortgage Rates
Mortgage Rates Inch Slightly Lower
Mortgage rates have been relatively stable with a small drop in the top tier 30-year fixed rate for lenders. The upcoming release of the Consumer Price Index (CPI) may potentially impact mortgage rates, but the market is currently waiting to see the effects of tariffs and trade deals before drawing any firm conclusions on inflation.
Jun 10, 2025 8:00 AM
— Bond Markets
Bumpy Start; No Data; Waiting on Auction and Trade Headlines
Bonds are experiencing a small amount of volatility this morning, but it is not significant in the overall market. MBS have returned to unchanged levels after a brief moment of weakness at 10:15am ET. 10-year yields rose slightly but are still almost 1 basis point lower. The Treasury auction and trade-related headlines are expected to drive any bigger-picture momentum in the absence of relevant ec... more
Jun 9, 2025 1:51 PM
— Bond Markets
Gentle Rally Gently Reverses After Trade Headlines
Bond markets closed stronger, maintaining most of the gains from the morning. However, a slight increase in 10yr yields later in the day was attributed to positive comments on US/China trade talks. The market's reaction to trade-related headlines was evident. MBS increased by 3 ticks and 10yr yields decreased by 1.3bps.
Jun 9, 2025 12:50 PM
— Mortgage Rates
Mortgage Rates a Hair Lower to Start The Week
Despite a rate spike on Friday, mortgage rates did not see additional momentum at the start of the new week. Rates showed a modest bounce at slightly higher levels, with a 0.02% improvement in the 30yr fixed rate index. Afternoon headlines on trade talks with China caused bonds to lose ground, but the losses were not significant enough to impact mortgage rates.
Jun 9, 2025 8:51 AM
— Mortgage Lenders
Fee Cure, Short-Term Rental Appraisal, Servicing, Move-Up Products; Freddie and Fannie News
The article discusses ongoing mortgage meetings and conferences focusing on the role of Freddie Mac and Fannie Mae in lending. There is speculation about the government's future role in providing guarantees in case of another financial crisis, and the need to educate regulators and Congress on these issues. Various companies are also highlighted for their products and services tailored for lenders... more
Jun 9, 2025 6:51 AM
— Bond Markets
Shifting Gears After Friday's Volatility
The bond market is currently in a stable range due to recent economic data. 10yr yields are hovering between 4.4 and 4.56. With no major data releases expected, market movements will be influenced by fiscal/trade headlines.
Jun 7, 2025 9:02 AM
— Bond Markets
Perfectly Logical Reaction to On-Target Data
The bond market experienced a sell-off following a modest beat in the NFP report, despite negative revisions. Wednesday's rally was based on expectations for Friday's jobs report, which did not meet expectations. The NFP remains at decent levels and is not as concerning as recent weaker data would suggest.
Jun 7, 2025 3:02 AM
— Mortgage Lending
Correspondent, Warehouse, HELOC, Broker, Coaching Products; Training and Events; Fresh Jobs Data
The article discusses various services, products, and events in the mortgage industry, such as refinances decreasing, new programs for loan officers, non-QM products for brokers, improvements in accounts payable processes, home equity offerings, conferences, webinars, and technology innovation in residential lending. Additionally, it mentions upcoming events in the industry like the MISMO Spring S... more
Jun 7, 2025 3:02 AM
— Bond Markets
Jobs Report Not Bad Enough to Justify The Lead-Off
The bond market was initially expecting a lower number for the non-farm payroll report due to recent weaker economic data, but when the actual number came out at 139k, traders rushed to get back into a more neutral position. The unemployment rate remains relatively steady at 4.2% and the previous month's NFP revision does not indicate significant weakness.
Jun 6, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Jump Back Toward 7% After Jobs Report
Mortgage rates have recently decreased from 7.08% to 6.87% but went back up to 6.97% due to the release of the jobs report, which was as expected. This brings rates back to a middle-of-the-road level over the past month and a half, indicating a holding pattern until significant economic changes occur.
Jun 6, 2025 11:00 AM
— Mortgage Rates
Application Demand Ebbs For Both Purchases and Refis
The Mortgage Bankers Association reported a decrease in mortgage applications and rates following a three-week increase, partly influenced by the Memorial Day holiday. Despite this, purchase demand remains strong compared to last year, with FHA activity experiencing a modest rise. Refinance activity has decreased, with borrowers possibly waiting for better rates. The average refinance loan size ha... more
Jun 5, 2025 2:00 PM
— Bond Markets
Bonds Dial Back Ahead of Big Jobs Report
Bonds had an interesting day with a hawkish European Central Bank announcement, news of a Trump/Xi phone call affecting trade relations, a Trump/Musk social media exchange impacting stocks, and market movements ahead of the jobs report. Overnight, MBS were slightly stronger but lost ground after the ECB announcement.
Jun 5, 2025 1:01 PM
— Mortgage Rates
Mortgage Rates Little Changed, But Friday Could See a Bigger Move
Mortgage rates started the day unchanged but slightly increased in the afternoon due to the bond market weakening. Different factors contributed to this, including the reaction to the European Central Bank's policy announcement and headlines about a potential improvement in trade relations between the US and China. Tomorrow's big jobs report could cause significant volatility in rates depending on... more
Jun 5, 2025 9:17 AM
— Mortgage Lenders
Hedging, Reverse 2nd Lien, HELOC, Borrower Portal, Broker, 2nd Mortgage Products; Florida Insurance News
The article discusses various trends and developments in the mortgage industry, including an analysis of personal property insurance in Florida, the shift towards home equity products, updates on wholesale mortgage sales, information on non-conforming and non-QM loans, and announcements from various mortgage lenders.
Jun 5, 2025 7:17 AM
— Bond Markets
Bumpy Start; Data Overshadowed by Other Events
Bonds initially rallied in the morning but quickly reversed gains, with the shift attributed to stock market volatility and the Trump/Xi call, as well as the ECB announcement. This led to Treasuries and MBS returning to roughly unchanged levels.
Jun 4, 2025 3:24 PM
— Interest Rates
Big Bond Rally After ADP and ISM
Weak economic data, including ADP Employment and ISM Services reports, led to improvements in rates and yields. The market reacted positively to the data, with MBS and 10yr yields experiencing gains. However, if the upcoming jobs report does not agree with the ISM data, bonds may have to give back some of the gains.
Jun 4, 2025 2:23 PM
— Mortgage Rates
Biggest Daily Drop For Mortgage Rates in Over a Month
Mortgage rates have dropped, with the average lender now offering rates that are about an eighth of a percent lower in just over a week. Today's average top tier 30yr fixed rate is down to 6.87% from 6.96% yesterday, marking the best single day drop since mid April. Economic data, particularly concerning the labor market and service sector, are influencing these rate changes.
Jun 4, 2025 9:00 AM
— Housing Market
MBS Pooling, HELOC, Verification Tools; Listings Hit All-Time High; Marginal Costs to Produce a Loan
The housing market in the US is currently facing an inventory surplus with home sellers sitting on nearly $700 billion worth of listings, an all-time high. There are nearly 500,000 more sellers than buyers, leading to potential impacts on home prices. The NAR Chief Economist predicts an increase in existing and new home sales, along with a rise in median home prices and mortgage rates in the comin... more
Jun 4, 2025 8:24 AM
— Bond Markets
JOLTS Data Didn't Help, But it Didn't Hurt Much Either
Bond market showed moderate strength overnight, weakened after Job Openings data was released but recovered in the afternoon. Headlines about the Senate taking up the budget bill did not have a significant impact on the bond market. Overall, bonds closed roughly unchanged. Next focus is on ISM Services data. 10yr yields ended slightly higher at 4.47, MBS slightly down, but there was a decent recov... more
Jun 4, 2025 8:23 AM
— Bond Markets
Weaker Econ Data. Lower Yields
The bond market had a simple morning as key economic reports came in weaker than expected. ADP employment numbers were significantly lower than forecasted, while ISM Services data showed weaker growth metrics but an increase in the employment index. The ISM price index also continues to rise, catching the attention of the bond market.
Jun 3, 2025 1:00 PM
— Interest Rates
Uneventful Day For Mortgage Rates
Economic reports, like the Job Openings and Labor Turnover Survey (JOLTS), have the potential to influence mortgage rates. Despite some volatility, the mixed message from the JOLTS report ultimately led to rates staying in line with the previous day's levels.
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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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