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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 1 - 24 of 144 results
Oct 16, 2026 11:26 AM — Mortgage Rates
Yields continue to rattle investors. These sectors are most at risk if rates stay elevated
The provided text contains only website notices and disclosures; it does not include an article to summarize.
Oct 16, 2026 9:12 AM — Housing Affordability
Older Americans feel less of the affordability crunch. How that could affect the midterm elections
Older Americans are generally more insulated from affordability pressures than younger households because they are more likely to own homes, have less exposure to rising mortgage costs, and benefit from Social Security cost-of-living adjustments and accumulated wealth. Younger families face higher housing, childcare, and other expenses, while home prices and mortgage rates have made homeownership ... more
Oct 16, 2026 7:30 AM — Mortgage Rates
E.l.f. Beauty CFO Mandy Fields on consumers, pricing and building a foundation in cosmetics
E.l.f. Beauty CFO Mandy Fields says the company is sustaining growth by emphasizing affordable products, product innovation, and social-media marketing. Tariffs and resulting price increases hurt sales, but after receiving roughly $50 million in tariff refunds, E.l.f. lowered prices on selected items and directed most of the funds toward marketing.
Oct 16, 2026 3:25 AM — VA Loans
VA loan limits in 2026: What to know and the best lenders as mortgage rates stay high
The article explains how VA loan entitlement determines whether eligible veterans and service members can buy a home with no down payment. Borrowers with full entitlement have no VA-imposed loan limit, though approval depends on the lender; those with partial entitlement calculate their remaining guarantee using the local conforming loan limit and entitlement already used, and may need a down paym... more
Oct 15, 2026 2:30 AM — Mortgage Rates
Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Rising U.S. debt and large federal deficits are pushing Treasury yields higher, contributing to 30-year mortgage rates around 7.5% and weakening housing activity. The article says persistent high yields could further increase government borrowing costs and mortgage rates, while meaningful deficit reduction appears politically unlikely in the near term. A full debt crisis is not imminent, but the r... more
Oct 14, 2026 9:01 AM — Mortgage Rates
Fannie Mae sharply raises mortgage rate forecast for 2027
The provided text contains website notices and legal disclosures, but no substantive news article to summarize.
Oct 14, 2026 8:20 AM — Mortgage Rates
Fannie Mae sharply raises mortgage rate forecast for 2027
Fannie Mae economists forecast significantly higher mortgage rates, projecting the 30-year fixed rate to average 7.4% in Q4 of this year and 7.5% throughout 2024, an increase from their previous estimates of 6.8% and 6.7%. Current rates are already at 7.46%, influenced by rising bond yields due to persistent inflation. The Federal Reserve's recent rate hike and increasing oil prices are contributi... more
Oct 14, 2026 4:00 AM — Mortgage Rates
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
Mortgage rates have reached their highest point in almost three years, resulting in a 2.75% drop in mortgage application volume compared to the previous week, and a significant decline of 37.5% year-over-year. The average interest rate for 30-year fixed-rate mortgages rose to 7.50%. Borrowers are increasingly turning to adjustable-rate mortgages (ARMs) to reduce monthly payments, with ARM applicat... 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 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 6:25 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 7, 2026 4:00 AM — Mortgage Rates
Refinance demand is now half what it was a year ago, as mortgage rates rise again
Mortgage rates rose to their highest level in nearly three years last week, causing a 4.2% decline in total mortgage application volume. The average interest rate for 30-year fixed mortgages increased to 7.49%. Refinance applications fell by 8% week-over-week and were down 56% compared to the same week last year, with economists noting a lack of incentive for most homeowners to refinance. Purchase... more
Oct 3, 2026 6:11 AM — Mortgage Lending
High mortgage rates are trapping homeowners in place, and making renovations harder to afford
With mortgage rates remaining high, many Americans are opting to stay in their homes rather than move, resulting in a shift in home improvement priorities. Homeowners are increasingly using home equity loans and lines of credit not for renovations, but to cover everyday expenses due to financial strains exacerbated by rising rates. This trend has led to a significant decrease in consumer spending ... more
May 13, 2026 11:30 AM — Mortgage Rates
Mortgage rates jump to highest level since March on hotter inflation reports
The recent report on the Producer Price Index (PPI) led to an increase in bond yields and subsequently higher mortgage rates, which have now reached an average of 6.57% for the 30-year fixed mortgage, marking the highest level since March. This rise comes amid ongoing inflation concerns and difficulties in the Iran war negotiations. Despite the increase in rates, demand in the housing market is pi... more
Apr 22, 2026 3:30 AM — Mortgage Rates
Mortgage rates sink again, and homebuyers jump back in
Mortgage rates dropped for the third consecutive week, leading to increased demand from both homeowners and homebuyers. This boost in demand comes after a period of uncertainty in the spring housing market. Refinance demand also rose significantly compared to the previous year, with rates remaining volatile due to mixed signals regarding the US/Iran war.
Apr 19, 2026 6:30 PM — Interest Rates
China keeps benchmark lending rates unchanged as economic growth revs up, Mideast risks loom
China kept its benchmark lending rates unchanged for the 11th straight month as policymakers assess economic fallout from the Middle East war against strong growth at home. The one-year LPR for new loans remained at 3.0% while the five-year LPR for mortgage rates was unchanged at 3.5%. The upbeat growth reduced pressure for stimulus, and policymakers are expected to take a 'wait-and-see' approach,... more
Apr 15, 2026 3:30 AM — Mortgage Rates
Mortgage applications rise as rates fall to one-month low
Mortgage rates fell to their lowest level in a month, leading to a 1.8% rise in total mortgage application volume. Refinance activity increased by 5% while applications to purchase a home dropped by 1% due to economic uncertainty. Mortgage rates continued to decrease due to volatility in oil prices related to the Iran conflict.
Apr 8, 2026 4:00 AM — Mortgage Rates
Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
Mortgage rates decreased slightly last week, but economic uncertainty due to the Iran war is still keeping rates elevated. Total mortgage application volume fell by 0.8% compared to the previous week. Applications for home purchases slightly increased, while refinance applications dropped. FHA purchase applications were up 5% due to lower rates on ARM and FHA loans. Rates are expected to move lowe... more
Apr 7, 2026 2:30 AM — Housing Market
Iran war upends spring housing market. Here's what real estate agents are seeing
The spring housing market is not meeting expectations due to concerns over the war in Iran impacting the U.S. economy and consumer sentiment. Mortgage rates are higher than previously forecasted, causing fear among buyers in terms of the economy, gas prices, and job security. Affordability is not improving as expected, leading to more buyers leaving the market and longer wait times for sellers. Ag... more
Apr 1, 2026 3:30 AM — Mortgage Rates
Weekly mortgage refinance demand is down more than 40% in the past month
Mortgage rates increased due to fears of inflation from the ongoing war with Iran, leading to a 10.4% decrease in total mortgage application volume. Refinance application volumes declined sharply, while applications for purchasing a home also dropped slightly. Rates came down slightly after the war appeared to de-escalate, but are still higher than before the conflict.
Mar 31, 2026 4:30 AM — Mortgage Lenders
Opendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs
Opendoor is acquiring part of Doma, a property technology company that automates title searches to make real estate closings faster and more affordable. Doma's technology has been used in a program to reduce title insurance costs on eligible refinance transactions. The acquisition aims to streamline the closing process and lower costs for borrowers. Mortgage rates have been rising due to the war w... more
Mar 30, 2026 12:33 PM — Mortgage Delinquencies
Americans are falling behind on mortgage and student loan payments. Here’s how you can stay ahead
While U.S. consumers are improving credit card and personal loan payment behaviors, mortgage and student loan delinquencies are rising to historically high levels. Mortgage delinquency rates in particular are on the rise, with severe student loan delinquencies increasing significantly. Refinancing options for mortgages and student loans are discussed, as well as the importance of credit scores in ... more
Mar 25, 2026 12:30 PM — Housing Market
How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates
The war with Iran has caused a sharp rise in mortgage rates, impacting the U.S. housing market. This rise has led to a drop in mortgage applications, forecasted declines in home sales, and lowered expectations for the new construction market. Buyers are canceling contracts at a high rate, giving them more leverage in the market.
Mar 25, 2026 3:30 AM — Mortgage Rates
Mortgage demand drops more than 10% as rates hit the highest level since October
Mortgage rates rose to the highest level since last fall, leading to a 10.5% drop in mortgage application volume. The average contract interest rate for 30-year fixed-rate mortgages increased to 6.43%. Refinance demand dropped 15% and the refinance share of mortgage activity decreased to 49.6%. Higher rates and economic uncertainty pushed potential homebuyers to the sidelines.
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