Mortgage News
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News for: Mortgage News Daily
Showing 817 - 838 of 838 results
May 2, 2025 12:00 PM
— Housing Market
Home Price Appreciation Remains, But Interesting Trend Emerges
The article discusses recent trends in home prices as reported by the FHFA House Price Index and the Case Shiller Home Price Index. Both indices show that the average home is appreciating between 4 and 5 percent per year. While there has been some variation in monthly movements, the overall picture is relatively stable. The article notes a slight decrease in FHFA's index in February, which could b... more
May 2, 2025 12:00 PM
— Mortgage Rates
Mortgage Rates Are Actually Higher This Week
Mortgage rates fluctuated throughout the week, with a slight decrease mid-week followed by an increase back up to 6.90% by the end of the week. The increase in rates was attributed to a stronger than expected jobs report, which is seen as bad news for mortgage rates. This increase in rates may impact home buyers looking to secure a mortgage for a new home.
May 2, 2025 9:00 AM
— Mortgage Lending
LO/Borrower Engagement, HELOC, LO Tech Tools; Agency and Investor News; Fairly Strong Jobs Numbers
This article discusses various developments in the lending and mortgage industry, including the rise of AI-enabled mortgage lenders due to high rates and low volumes. It also highlights the impact of falling mortgage rates on home buyers and the housing market. Additionally, the article mentions changes in policies and procedures by agencies, investors, and lenders in response to directives from t... more
May 2, 2025 7:00 AM
— Bond Markets
Reasonably Strong Jobs Report. Reasonably Weak Reaction in Bonds
The article discusses how the bond market has reacted to the latest jobs numbers, with a stronger than expected report leading to a sell-off in bonds. This has pushed mortgage rates higher, impacting home buyers. Despite the positive jobs data, the economy is not necessarily sliding towards a recession, but the impact on mortgage rates is a concern for potential home buyers. Bond yields are expect... more
May 1, 2025 2:24 PM
— Bond Markets
Bonds Brace For More Data-Driven Volatility
Today's ISM Manufacturing data had an impact on bonds, with the market reacting to the uncertainty in economic data. MBS and 10yr yields fluctuated throughout the day in response to the data.
May 1, 2025 12:24 PM
— Mortgage Rates
Rates Pull Back Slightly After Stronger Economic Data
Mortgage rates, after a steady winning streak, saw a slight increase following a report on the manufacturing sector suggesting contraction. Stronger data typically leads to higher rates as it causes weakness in the bond market. Despite the increase, the average borrower would barely notice a change. Volatility remains a risk with the upcoming release of the Employment Situation report, which has a... more
May 1, 2025 9:00 AM
— Bond Markets
ISM Manufacturing Data Surprises Bonds (Not in a Good Way)
The article discusses recent economic data and its impact on bond and mortgage rates. The S&P Manufacturing PMI data hinted at a market response to economic data after weeks of tariff headlines dominating. The ISM PMI data release was hotly anticipated but did not show the same jump as the S&P version. However, all other components moved higher and beat expectations, causing bonds to react negativ... more
Apr 30, 2025 1:50 PM
— Bond Markets
Action Packed Calendar But No Major Action in Bonds
The article discusses the economic calendar for the day, focusing on GDP, inflation, Treasury issuance, and pending home sales. It notes that while there was a surge in imports affecting GDP, domestic consumption remained normal. Despite some volatility in trading, bonds ended the day almost unchanged. Mortgage-backed securities (MBS) and the 10-year Treasury yield saw some fluctuations throughout... more
Apr 30, 2025 1:50 PM
— Mortgage Rates
Another Small Victory For Mortgage Rates
Mortgage rates have been relatively stable and low in recent weeks, with minimal movement in rates on a day-to-day basis. The average top tier 30yr fixed rate is around 6.81%, with individual rates typically ranging between 6.625% and 6.875%. Home buyers should focus on the day-to-day changes in rates rather than the overall index value to understand how rates may impact their individual scenario.
Apr 30, 2025 9:50 AM
— Economic Indicators
Lots of Econ Data and Mixed Messages, But Not Much Change in Bonds
The article discusses the economic reports released on Wednesday morning, including GDP and inflation data. Despite some initial selling off of bonds, mortgage-backed securities remained unchanged overall. The article mentions that GDP was slightly better than expected due to a pre-tariff import surge, and Q1 inflation data was higher than expected. This led to bonds weakening at first, but a flat... more
Apr 30, 2025 8:50 AM
— Mortgage Lenders
Buy Before You Sell, Jumbo, CRM Tools; Climate and Catastrophes; Fannie Earnings
The article discusses various updates and partnerships in the mortgage industry, including the impact of the Trump administration's dismissal of climate panel members on climate research. It also mentions new jumbo loan options and guideline enhancements at different mortgage companies. Furthermore, the article highlights partnerships such as FirstHome IQ partnering with Crib Equity to expand home... more
Apr 30, 2025 3:50 AM
— Bond Markets
Bonds Erase Overnight Weakness With Help From Tariff Talk and Data
The article discusses bond market activity, with bonds being slightly weaker overnight but reversing in early trading. The White House's comment about Amazon listing tariff impacts caused selling in stocks and buying in bonds, leading to gains for both. The 10am economic data did not have a significant impact on the market. The article suggests that mortgage rates may be affected by this activity,... more
Apr 29, 2025 2:38 PM
— Bond Markets
Trading Range Restored. Big Data on Deck
The article discusses the trading range of mortgage rates, which have been gradually improving and returning to a lower boundary. White House comments on Amazon impacted stocks early on but markets bounced back. Economic data helped bonds maintain or increase gains. The article suggests that data over the next few days will be important and volatility may increase. Mortgage rates have been modestl... more
Apr 29, 2025 12:38 PM
— Mortgage Rates
Friendly, Stable Trend Continues For Mortgage Rates
The article discusses how mortgage rates have been impacted by recent tariff announcements. The initial rate spike was due to panic in the bond market, but a more measured approach towards trading relationships has led to a recovery in rates. Traders are expecting a near-term economic toll due to the re-working of trade relationships, which is putting downward pressure on rates. There is concern t... more
Apr 29, 2025 9:38 AM
— Bond Markets
No Whammies in Treasury Borrowing Estimate
The article discusses the Treasury borrowing estimates and how they have impacted bonds and mortgage rates. Despite potentially alarming numbers, the increase is due to accounting and not reflective of a significant change in spending or revenue. The bond market reacted favorably to the news, with yields moving lower. This could mean good news for home buyers as mortgage rates may decrease as well... more
Apr 29, 2025 9:38 AM
— Mortgage Rates
Mortgage Rates Start New Week Slightly Lower
Mortgage rates are currently at their lowest levels since April 7th, with some lenders offering modest improvements. While rates remained relatively stable at the start of the day, there were mid-day adjustments towards slightly lower levels. The average borrower may not notice much difference compared to Friday's rate quotes. The trend in mortgage rates appears to be flat at the moment, after exp... more
Apr 28, 2025 9:38 AM
— Bond Markets
Bonds Starting New Week at Last Week's Best Levels
The article discusses the stability in the bond market, specifically focusing on the performance of yields and mortgage-backed securities (MBS). It mentions that there was some improvement in MBS after the Dallas Fed Survey. It also notes that there are no major data or events scheduled for the morning, with market focus remaining on equities and earnings season. The article highlights the impact ... more
Apr 26, 2025 9:38 AM
— Bond Markets
Eerily Calm and Strong For 2nd Straight Day
The article describes how the past two trading sessions have been calm and strong, with improvements in the market without any specific trigger events. This change in market behavior is attributed to a general sense of cooler heads prevailing on the policy-making front. Mortgage-backed securities and Treasury yields have seen modest gains, with MBS up a quarter point and 10-year Treasury yields do... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Existing Home Sales at 5 Month Lows
The National Association of Realtors' Existing Home Sales report shows that home sales remain slow, with levels near record lows. This is attributed to the high mortgage rates, which are impacting affordability for buyers. NAR Chief Economist Lawrence Yun expressed concern about the economic mobility implications of the current situation, as housing mobility is also at historic lows.
Apr 26, 2025 9:38 AM
— Mortgage Rates
Mortgage Applications Dropped Sharply in Response to The Recent Rate Spike
Mortgage rates spiked 2 weeks ago, leading to a decrease in refinancing demand and impacting home buyers. Purchase demand remained higher than usual but also experienced a decline. Rates have been fluctuating since the April 2nd tariff announcement, with the 30-year fixed rate rising to 6.9 percent, leading to a 20 percent drop in refinance applications. Purchase applications also decreased by 7 p... more
Apr 26, 2025 9:38 AM
— Mortgage Rates
Lowest Mortgage Rates in Nearly 3 Weeks
The article discusses the current state of mortgage rates, which have reached their lowest level since April 7th. The rates have been volatile recently, but have been slightly elevated compared to previous months. The coming week is expected to bring more economic data and events that could impact mortgage rates. Overall, the article suggests that mortgage rates are currently low, but may fluctuat... more
Apr 25, 2025 9:38 AM
— Mortgage Rates
Mortgage Rates Continue Lower
Mortgage rates are slowly decreasing after a rapid rise two weeks ago. Last week saw rates dropping steadily, and this trend continued into the present week despite some temporary increases on Monday. Today was the best day of the week for the bond market, leading to a decrease in average 30yr fixed rates. This improvement may continue tomorrow, but there are no guarantees on future rates. Overall... more
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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.