Watch spreads, not the Fed, for mortgage rate shifts
Concerns regarding AI companies' ability to handle inflation drove the 10-year Treasury under 5%, but with data still running hot, could yields turn upward?
Don’t bank on rate dip; servicing books win, KBW says
Investors drove long-term Treasury yields down this week on concerns regarding AI-related debt, but inflation and the Iran conflict can push rates higher.
What Warsh’s Jackson Hole speech could do to mortgage rates
If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.
Inflation drives mortgage rates to 2026 high point
For the second week in a row, the 30-year fixed increased by 11 basis points, Freddie Mac found, a result of reaction to oil price hikes from the Iran conflict.
Mortgage rates dip under 6% for first time since ’22
For the first time since early September 2022, the Freddie Mac Primary Mortgage Market Survey has the 30-year below 6%, but the 15-year gained this week.
Mortgage rates rise as FOMC inaction adds to uncertainty
Even with the 4 basis point rise in the 30-year fixed over the past two weeks, mortgage rates are still hovering near three-year lows, Freddie Mac said.
Bond yields sank — so why aren’t mortgage rates following?
While new jobs data contributed to falling Treasury yields, mortgage rates showed a mixed picture with some trackers moving in opposite directions.
Mortgage rates sink with FOMC cuts on the horizon
The 30-year conforming fixed rate mortgage ended this week at its lowest since last Oct. 17, helped by bond traders pricing in a reduction in short-term rates.
Mortgage rates hit 10-month low as Powell hints at Fed cut
The 30-year fixed rate mortgage fell 2 basis points this week, Freddie Mac said, but other sources like Zillow and Lender Price reported larger drops.
Fannie Mae cuts outlook for 2025–26 home sales
Fannie Mae economists toned down their housing and economic outlook in August, predicting fewer home sales and less mortgage origination volume versus July.
Mortgage rates move lower on inflation, employment news
The 30-year fixed rate mortgage fell by 5 basis points, with the Consumer Price Index showing muted inflation and jobs data still influencing the market.
Why mortgage rates are trapped in a narrow range
The 30-year fixed rate stayed within a narrow range throughout most of July, with forecasts likely to leave the housing market "stuck," said one economist.
Powell: ‘Many, many uncertainties’ remain for tariff impacts
Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff-related price increases was always going to be slow, but it has taken longer than he expected.
Navigating the Path Ahead: The Outlook for Mortgage Interest Rates in 2024
Let's delve into the factors shaping the outlook for mortgage interest rates in 2024.
Inflation news could keep Fed to one rate cut this year
Mortgage rates rose this week as investors priced stronger than expected inflation and jobs affecting Fed moves into the 10-year Treasury.
Is mortgage credit increasing due to acceptance of higher rates?
Mortgage lenders offered more cash-out refinance programs at a time when consumers might be coming to terms with the rate environment.
Recession in ’24 still more likely than soft landing, Fannie Mae says
While the government-sponsored enterprise cut its origination forecast for this year, the Mortgage Bankers Association's updated forecast was unchanged from its October prediction.
