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: CNBC
Showing 73 - 96 of 131 results
Oct 22, 2025 4:25 AM
— Mortgage Rates
Refinance demand is 81% higher than it was a year ago, thanks to falling mortgage rates
Mortgage rates dropped to the lowest level in a month, leading to an increase in applications for refinancing. However, potential homebuyers were less enthusiastic about the lower rates. ARM applications increased despite the overall interest rates falling, indicating high home prices. Applications for home purchases dropped, with some buyers waiting for rates to decrease further.
Oct 8, 2025 4:23 AM
— Interest Rates
Borrowers head back to riskier mortgages, looking for any potential savings
Mortgage demand weakened overall last week, with applications dropping 4.7%. Refinance applications fell 8%, while purchase applications decreased by 1%. Adjustable-rate mortgages are becoming more popular due to lower interest rates, with the ARM share increasing to 9.5% last week.
Sep 26, 2025 6:23 AM
— Mortgage Rates
Borrowing costs are falling—why aren't mortgage rates?
Mortgage rates remain high at around 6.37%, despite the Federal Reserve lowering its benchmark rate. Unlike credit cards and auto loans, mortgage rates are closely tied to 10-year Treasury bonds. The wider than normal spread between mortgage rates and Treasury yields is due to inflation and the Fed's decreased purchasing of mortgage-backed securities.
Sep 25, 2025 3:28 PM
— Mortgage Rates
Jim Cramer says to take a 'wait and see' approach to homebuilders as interest rate cuts fail to bring down mortgage rates
Jim Cramer reviewed recent earnings reports from major homebuilders Lennar and KB Home, expressing concern that the Federal Reserve's rate cuts won't bring down mortgage rates. The Fed's recent rate cut did not result in lower mortgage rates, and both companies mentioned that changing rates have not increased orders. Despite optimism from the companies that rates will come down and business will i... more
Sep 25, 2025 8:23 AM
— Mortgage News Sources
Thursday, September 25, 2025: Cramer explains why higher mortgage rates will hurt this stock
The article is a brief message from CNBC encouraging readers to share confidential news tips with them. It also promotes signing up for free newsletters to receive more CNBC content. The article ends with copyright and data disclaimer information.
Sep 25, 2025 6:49 AM
— Housing Market
Existing home sales stall in August amid higher mortgage rates
Sales of previously owned homes were flat in August at 4 million units. The upper end of the market saw an increase in sales, while more affordable homes saw a decline. Supply in the housing market decreased slightly, leading to a 2% increase in median home prices from a year ago.
Sep 24, 2025 4:23 AM
— Interest Rates
Mortgage demand stalls after mini refinance boom
After a significant increase in refinance demand the previous week, mortgage demand remained stagnant despite a further decrease in interest rates. Refinance demand only rose by 1% for the week but was considerably higher compared to the same period last year. Purchase application activity remained relatively strong. Demand for adjustable-rate mortgages, which had surged earlier, fell back last we... more
Sep 20, 2025 6:23 AM
— Mortgage Rates
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Longer-term Treasury yields increased after the Federal Reserve's interest rate cut, disappointing bond investors. The rise in yields can impact mortgage loans and credit card costs. Despite the rate cut, mortgage rates rose this week. Investors are trying to assess the long-term impact of the rate cuts and economic conditions.
Sep 19, 2025 4:23 AM
— Mortgage Rates
Now that the Fed cut rates, should you refinance? Experts weigh in
The Federal Reserve announced a rate cut, potentially lowering consumer rates like mortgage rates. Refinancing may bring relief from budgetary pressures, but it may take a series of rate cuts for costs to significantly decrease. Refinancing makes sense with a 1% spread between current and refi rate. Refinancing a mortgage too frequently is discouraged due to added costs. Paying attention to APR on... more
Sep 18, 2025 11:23 AM
— Financial News and Market Data
Mortgage rates up after Fed rate cut
The article is a brief disclaimer about data being a real-time snapshot and delayed at least 15 minutes. It also mentions that it is from CNBC LLC, a division of NBCUniversal.
Sep 17, 2025 11:24 AM
— Interest Rates
Fed rate cut: Here’s what it means for your mortgage rate, credit cards, savings accounts and more
The Federal Reserve announced a quarter point rate cut, impacting borrowing costs for consumers. Credit card rates may ease off, but APRs still high. Mortgage rates are lower than earlier in the year but won't see a significant impact from the rate cut. Auto loan rates are fixed, but new borrowers may benefit. Federal student loan rates reset annually, while private loans could see lower rates. Sa... more
Sep 17, 2025 5:25 AM
— Mortgage Rates
Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply
Mortgage rates dropped to the lowest level since October of last year, leading to a surge in refinances as consumers seek savings in an uncertain economy. Refinance applications jumped 58% compared to the previous week, with the average contract interest rate for 30-year fixed-rate mortgages decreasing to 6.39%. Homebuyers were not as motivated by the drop in rates, with applications for purchasin... more
Sep 16, 2025 1:23 PM
— Mortgage Rates
Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply ahead of an expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage reached its lowest level since late 2022. Historical trends suggest that Fed rate cuts in a recessionary environment pull down long-term rates, while cuts in a non-recession environment have less impact on long-term rates.
Sep 15, 2025 8:23 AM
— Mortgage Rates
Federal Reserve may cut rates for the first time since 2024 — here are four key money moves to consider now
The Federal Reserve is expected to lower its benchmark rate despite inflation data. The market predicts a 25 basis-point rate cut. This could provide relief for those with high-interest debt and lead to lower interest rates on credit cards and savings accounts. Mortgage rates are already down but could benefit from further rate cuts. Having good credit can help secure the best loan terms, even mor... more
Sep 10, 2025 4:23 AM
— Mortgage Rates
Mortgage demand jumps to the highest level in three years, as interest rates drop sharply
Mortgage application volume increased significantly due to a drop in mortgage interest rates. Refinance applications jumped 12% and purchases rose 7% compared to the previous week. ARM applications also increased as rates were lower than fixed-rate loans.
Sep 8, 2025 10:27 AM
— Mortgage Rates
Here's how to get a better mortgage rate as the 30-year fixed nears a 1-year low
The average rate on the 30-year fixed mortgage dropped significantly, but is still high compared to pre-pandemic levels. Experts suggest ways to secure better terms on a home loan, including improving credit scores, increasing down payments, and considering adjustable-rate mortgages.
Sep 5, 2025 10:23 AM
— Mortgage Rates
Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped to 6.29% following a weaker-than-expected August employment report, marking the lowest rate since October and the biggest one-day drop. This is significant for homebuyers as it can make a big difference in monthly payments and qualifying for a mortgage. However, mortgage demand has not yet responded to the lower rates, with some analysts sugge... more
Sep 5, 2025 7:23 AM
— Mortgage Rates
Mortgage rates just dropped—here's how much you could save on monthly payments
Mortgage rates have fallen to 6.5%, down from a peak of 7.04% in January 2025, following the downward trend of the 10-year Treasury yield. The decrease in rates could result in monthly savings for homebuyers, with a 20% down payment seeing a $118 reduction in costs. While the drop in rates may not make homes more affordable on its own, it can still make a significant impact on monthly budgeting. T... more
Aug 22, 2025 9:23 AM
— Mortgage Rates
Powell hints at potential interest rate cuts. What that means for homeowners hoping to refinance
Federal Reserve Chair Jerome Powell hinted at possible interest rate cuts in the near future, which could benefit homeowners looking to refinance with high rates. Lower mortgage rates could result in lower borrowing costs for home loans, helping homebuyers secure better loan terms and homeowners refinance. Experts recommend preparing for opportunities to refinance by monitoring interest rate movem... more
Aug 21, 2025 11:23 AM
— Mortgage Rates
Doing these 5 key steps 'will allow you to move quickly' for a mortgage refinance, expert says
Mortgage rates have been declining, reaching a 10-month low. Homeowners with high interest rates are advised to start preparing for the opportunity to refinance. Experts recommend monitoring rate movements, fixing errors on credit reports, building equity, and gathering necessary documents before refinancing. It's key to start researching different lenders and loan options early on and to select t... more
Aug 20, 2025 8:23 AM
— Housing Market
Here's what's keeping home buyers on the sidelines even as mortgage rates hit a 10-month low
Lorene Cowan, 44, who lives in New York City, is having a difficult time buying a home due to soaring home prices. The median listing price for a home in NYC is now over $829,000, making it hard for first-time homebuyers to enter the market. Rising home prices, limited inventory, and higher mortgage rates have caused delays in millennials and Gen Z achieving homeownership. Many prospective buyers ... more
Aug 20, 2025 4:23 AM
— Mortgage Rates
Weekly mortgage demand stalls again with just miniscule increase in interest rates
After a surge in refinance demand the previous week due to a drop in mortgage rates, both refinance and homebuyer mortgage application volume stalled the following week. Mortgage rates increased slightly, leading to a 1.4% drop in total application volume. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased slightly. Refinance applications fe... more
Aug 15, 2025 3:23 AM
— Mortgage Rates
Mortgage rates have made a 'substantial improvement,' economist says — here’s what to know
Mortgage rates have been declining, making conditions favorable for homeowners to refinance. Refinance applications have increased, with experts recommending homeowners with rates over 6% to consider refinancing. The Federal Reserve holding interest rates steady does not directly impact mortgage rates, which closely track 10-year Treasury yields. Refinancing costs depend on location and loan size,... more
Aug 13, 2025 4:23 AM
— Mortgage Rates
Weekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback
Homeowners are looking for savings, leading to increased demand for riskier mortgages. Refinance applications jumped 23% and adjustable-rate mortgages saw a 25% increase. Mortgage rates for 30-year fixed-rate loans decreased, but are still higher than a year ago. While purchase mortgage applications rose slightly, home prices remain high historically. Mortgage rates have remained steady despite a ... more
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.
Help Us Help You
What would make LoanGlass more useful to you?
Thanks!
We appreciate your feedback.