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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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News for: TheStreet
Showing 1 - 5 of 5 results
Oct 15, 2026 1:03 AM — Mortgage Rates
Mortgage rate predictions are changing: Here’s what Fannie Mae expects
Fannie Mae raised its outlook for 30-year fixed mortgage rates, now expecting 7.4% in late 2026 and 7.5% throughout 2027, compared with its September forecast of rates below 7%. The Mortgage Bankers Association anticipates a gradual decline from 7.3% at the end of 2026 to 7.1% by late 2027. Differences reflect their outlooks for 10-year Treasury yields. Higher-than-expected September inflation may... more
Oct 12, 2026 9:13 AM — Mortgage Rates
Bessent doubles down on bond fix as mortgage rates near 7.5%
The cost of borrowing has risen significantly in 2026, directly impacting households through higher monthly payments on mortgages, car loans, and credit cards. Treasury Secretary Scott Bessent acknowledged that mortgage rates have increased, with the average 30-year fixed mortgage rate reaching 7.40%. Senator Elizabeth Warren criticized rising Treasury yields and their effect on household budgets,... more
Oct 9, 2026 3:03 PM — Mortgage Rates
Redfin predicts major housing market change over the next five years as debt-income ratios shift
Redfin predicts that housing costs could return to 'normal' within five years, referencing August 2018 levels of housing affordability based on a mortgage-payment-to-income ratio. Current high mortgage rates, which averaged 7.40% in October 2023, have made homeownership increasingly difficult for many Americans. Redfin outlines four scenarios for housing costs to normalize, suggesting a potential ... more
Oct 7, 2026 1:38 PM — Mortgage Rates
Zillow predicts major mortgage rate, housing market change
Zillow forecasts a continued slowdown in home sales through the fourth quarter, anticipating mortgage rates may decline as rapidly as they rose, potentially reviving the housing market in spring. Closed sales fell by 2.5% year-over-year, and pending sales dropped 8.5%, attributed to high mortgage rates and seasonal factors. Surprisingly, monthly rental prices are rising, leading some potential hom... more
Oct 6, 2026 11:42 AM — Mortgage Rates
Chase offers mortgage rate discount to new group of clients
Chase Bank is extending its Relationship Pricing mortgage rate discount program, which previously served personal banking customers, to its Business Banking customers starting in October 2026. This allows eligible customers to receive a mortgage rate discount of up to 1% when purchasing or refinancing a mortgage. Discounts are based on account balances, with existing customers potentially earning ... more
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