Mortgage News
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News for: Scotsman Guide
Showing 1 - 24 of 167 results
Jul 31, 2026 8:51 AM
— Interest Rates
PCE inflation cools more than expected in June, muddying the Fed’s policy path
Inflation in the U.S. has eased, with the personal consumption expenditures (PCE) price index rising 3.7% year-over-year in June, down from previous months, though it remains above the Federal Reserve's target of 2%. The Fed left interest rates unchanged in a contentious vote, and there are indications that rate hikes may occur by year-end due to the influence of inflation hawks among committee me... more
Jul 15, 2026 6:46 AM
— Mortgage Rates
Mortgage applications slide as rates near last year’s levels
Borrowing costs increased last week, leading to a second consecutive week of declining mortgage application volumes, as reported by the Mortgage Bankers Association (MBA). The average contract mortgage rate for 30-year loans reached 6.65%, matching the highest levels seen since last August. While refinance applications rose, particularly among government borrowers, purchase mortgage applications d... more
Jul 8, 2026 6:43 AM
— Mortgage Rates
Mortgage applications wither in July 4th heat wave
Mortgage application volumes decreased by 2.2% ahead of the Fourth of July holiday, driven by high mortgage rates which continued to negatively affect home purchase affordability. The Mortgage Bankers Association reported a 4% drop in refinance applications and a 1% drop in purchase applications. Despite challenges, government purchase volume saw a slight increase, though applications for FHA loan... more
Jul 2, 2026 3:57 PM
— Mortgage Rates
New Fed chair could be bad news for mortgage rates
The article discusses the current state of mortgage rates, noting that while a 6.5% interest rate on a 30-year mortgage is considered affordable, it is not as favorable as the previous rate of 6%. This increase in rates is attributed to inflation and the impact of global events, such as the Iran war, which have affected borrowing costs. The article highlights the significance of Federal Reserve Ch... more
Jun 30, 2026 8:48 AM
— Mortgage Lending
New strategies reshaping how lenders expand housing access
The article discusses the impact of a recent final rule by the Consumer Financial Protection Bureau that amends the Equal Credit Opportunity Act, which restricts special purpose credit programs. This regulation poses challenges for lenders aiming to provide tailored lending products to underserved communities. However, innovative companies are responding by forging partnerships with local housing ... more
Jun 25, 2026 10:47 AM
— Mortgage Rates
Mortgage rates still stuck in the mid-6’s a week into Fed’s Warsh era
Mortgage rates have increased slightly this week, with the 30-year fixed rate rising to 6.49% and the 15-year rate to 5.84%, according to Freddie Mac. Despite a modest decline in purchase activity, refinance activity has seen a 3% increase, indicating adaptability by borrowers to current rates. Overall mortgage demand is stronger than last year, reflecting robust housing market conditions. The sta... more
Jun 24, 2026 8:03 AM
— Mortgage Rates
Refinance demand lifts mortgage applications as rates hold firm
Mortgage applications saw a slight increase of 1% last week as reported by the Mortgage Bankers Association (MBA), despite high mortgage rates persisting for the last six weeks. The refinance share of applications rose to 41.5%, indicating stronger performance in refinances compared to slightly decreased purchase demand. Overall application volume is 8% higher than last year, with refinances up 17... more
Jun 10, 2026 7:44 AM
— Mortgage Rates
Mortgage demand rebounds after Memorial Day lull
Mortgage application volumes rose last week, breaking a three-week decline, according to the Mortgage Bankers Association (MBA). The Market Composite Index increased by 10.8%, reflecting gains in both refinance and purchase applications. The refinance index climbed 15% from the previous week and is 20% higher than a year ago, while the purchase index increased by 7%. Mortgage rates remained volati... more
Jun 9, 2026 12:45 PM
— Mortgage Rates
When seeking a mortgage, it pays to shop around
A recent study by LendingTree reveals significant savings for homebuyers who compare mortgage rates from multiple lenders. Borrowers who shop around could save an average of $62,572 over the life of a 30-year mortgage by securing lower rates. The research highlights that the average lowest offered interest rate was 5.93%, compared to 6.72% for the highest. Collecting more quotes increases the pote... more
Jun 8, 2026 4:51 PM
— Housing Market
Despite record high home prices, flipping profits hit lowest mark since 2008
The article provides an overview of the current trends in the housing market, highlighting the impacts of rising mortgage rates on buyer demand and home prices. It discusses how the increase in interest rates has led to a slowdown in sales and implications for both potential buyers and sellers. The piece also covers expectations for the market as economic conditions evolve.
Jun 5, 2026 10:12 AM
— Mortgage Rates
Booming hiring in May to support elevated mortgage rates for now
The article discusses the current state and trends in the housing market, highlighting how rising mortgage rates are affecting home affordability and buyer demand. It also examines the impact of these rates on home sales and prices, as well as the challenges faced by potential homebuyers in securing financing.
Jun 3, 2026 3:52 PM
— Mortgage Rates
Mortgage brokers contend with volatile spring housing market
The article discusses the recent trends in mortgage rates, noting that they have been fluctuating due to various economic factors such as inflation and federal monetary policies. It emphasizes how these rates affect homebuyers' purchasing power and the overall housing market.
May 27, 2026 8:45 AM
— Mortgage Rates
Mortgage applications slide as rates return to last summer’s levels
Mortgage rates have reached their highest levels since late last summer, leading to a significant decline in mortgage applications for the second consecutive week, as reported by the Mortgage Bankers Association (MBA). The Market Composite Index dropped 8.5%, with the seasonally adjusted purchase component index falling by 0.4% and the refinance component index decreasing by 18%. Despite these dec... more
May 18, 2026 4:46 PM
— Mortgage Lending
Bond market holds the cards as inflation fears spike Fed rate hike odds
The article provides information on a new mortgage product aimed at first-time homebuyers, highlighting its features such as flexible credit score requirements and lower down payment options. It discusses how this mortgage is designed to make homeownership more accessible and mentions the potential impact on the housing market by increasing demand among younger buyers.
May 18, 2026 2:43 PM
— Mortgage Rates
First-time homebuyers adjust to spring market as mortgage rate lock-in effect persists
The article discusses various factors influencing the current mortgage rates, including economic indicators, Federal Reserve policies, and market trends. It highlights the potential for fluctuations based on upcoming economic data, consumer behavior, and global events. The article also provides insights into how these factors can affect mortgage affordability for homebuyers and refinancers alike.
May 14, 2026 4:46 PM
— Mortgage Rates
Fannie Mae predicts little change in mortgage rates for a very long time
Fannie Mae forecasts that the 30-year fixed mortgage rate will average 6.3% in the second half of 2026, with only a slight dip to 6.2% expected in 2027. Freddie Mac's recent data shows a similar average rate. The Mortgage Bankers Association reported a 4% increase in mortgage purchase activity, indicating homebuyers are adjusting to higher rates. While home sales were stable in 2025, Fannie Mae an... more
May 9, 2026 4:45 AM
— Housing Market
CrossCountry sweetens Two Harbors offer to $12 a share, matching UWM
The article provides insights about current trends and fluctuations in the housing market, highlighting factors that are influencing home prices, demand for housing, and the overall economy's impact on real estate. It discusses the role of mortgage rates in shaping buyer behavior and the financing landscape, suggesting that changes in rates may lead to shifts in market dynamics.
Apr 22, 2026 2:32 PM
— Mortgage Rates
Real estate investor optimism fades amid geopolitical tensions and inflation resurgence
Retail real estate investors are becoming less optimistic for the coming year due to the war in Iran and persistent inflation driving up mortgage rate expectations. Despite this caution, investors still plan to expand or optimize their holdings. The prevailing prediction among investors is that 30-year fixed mortgage rates will hover between 6% and 6.49% over the next 12 months. Investors are shif... more
Apr 22, 2026 9:32 AM
— Mortgage Rates
Mortgage demand bounces back as rates stabilize, inventory expands
Purchase mortgage demand increased significantly last week, reversing two weeks of decline. This was fueled by easing mortgage rates, higher inventory levels, and a still resilient job market. Refinance activity also rose as average mortgage rates for 30-year fixed-rate loans decreased.
Apr 21, 2026 12:04 PM
— Mortgage Refinancing
Warsh faces tough questions from Senate committee, denies Trump influence on rates
The article discusses the benefits and drawbacks of refinancing a mortgage, including potential savings on interest payments, potential costs associated with refinancing, and factors to consider before deciding to refinance.
Apr 21, 2026 10:32 AM
— Housing Market
Pending home sales climb 1.5% in March as pent-up demand defies high mortgage rates
Pending home sales in the United States rose 1.5% in March despite elevated mortgage rates. The increase is seen as a result of pent-up housing demand, but a lack of affordable housing inventory has contributed to a decline compared to the previous year. Builders are encouraged to focus on constructing smaller, more moderately priced homes to attract first-time and younger buyers.
Apr 15, 2026 1:32 PM
— Housing Market
Typical mortgage payments breach $2,000 mark amid persistent ‘lock-in’ effect
The average monthly mortgage payment for U.S. homeowners reached a record high of $2,005 in the fourth quarter of 2025, showing a 44% increase in four years. Many existing homeowners have low interest rates, discouraging them from moving. Despite rising mortgage rates, the real estate market shows signs of energy in spring 2026.
Apr 15, 2026 8:33 AM
— Mortgage Fraud
43.7% of first-quarter mortgage transactions flagged for fraud risk: FundingShield
A report by FundingShield found that nearly 44% of mortgage transactions in the first quarter of 2026 were flagged for wire and title fraud risks. While error rates slightly declined, the average problematic loan still had 2.2 issues per transaction. The most common defects were related to closing protection letters, wire instructions, and licensing irregularities. FundingShield CEO noted a 14% in... more
Apr 15, 2026 8:32 AM
— Mortgage Rates
Purchase mortgage demand posts annual decline for second consecutive week
Purchase mortgage applications decreased for the second week in a row due to economic volatility caused by the Iran war. Average rates for 30-year fixed-rate loans fell to their lowest level in a month, leading to an increase in refinance applications but a decline in purchase activity. Refinance loans made up a larger share of overall mortgage demand, with applications for government-backed loans... 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.
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