Mortgage rates at highest since February, Freddie Mac says
The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
Originations
Non-QM lending shops announce merger
Wholesale firm Ardri's acquisition of The Lending Spot comes after the company installed a mortgage industry veteran as its new president earlier this year.
Refi boomlet likely as mortgage rates start to fall
If mortgage rates drop into the low 6% range, there will be a retention opportunity on 5.4 million loans that have interest rates starting at 6.5%.
Mortgage rates move lower on tariff uncertainty
Mortgage rates remain in the 6.6% range, with the tariff news so far having little impact, but could change given the 35 basis point drop in the 10-year yield.
Why Brookfield and Angel Oak are teaming up
The global asset manager wanted access to the smaller company's residential mortgage credit strategies, which will become available to a larger investor base.
Americans fear another housing crash is near
Rising pessimism about how the Trump Administration is handling the economy in its early days is spreading into the housing market, a Clever RE survey found.
Mortgage lenders see inventory, buyer interest returning
Government-backed lending drove an increase in purchase mortgages for a second straight week, even as interest rates failed to drive refinance activity.
Home prices rise unevenly as growth moderates nationwide
Pent-up demand and the rapid pace of home appreciation is fueling the ongoing rise in home prices, even as mortgage rates present obstacles for buyers.
Mortgage rate decline ends as Treasury yields edge higher
The good news in the Consumer Price Index report has not carried over to the 10-year Treasury yield and thus mortgage rates, Freddie Mac found.
Mortgage market rebounds as rates drop to 5-month low
Refinance activity was up 16% from the end of February while purchase applications rose mildly, on the strength of fading rates amid larger economic woes.
Mortgage credit hits 2-year high but remains tight
For the first time in almost two years, mortgage products available for consumers are at a level established in 2012.
Interest-only loans rise—opportunity or risk for lenders?
Interest-only loans, popular pre-2008, have revamped requirements and can be an option for borrowers looking for short-term lower payments, stakeholders say.
Fannie Mae cuts mortgage forecast as uncertainty persists
The potential impacts of import tariffs cloud the outlook, though, and could lead mortgage rates to surge and fall throughout the coming year.
Most metropolitan areas are overvalued: Fitch
Meanwhile, home prices are set to grow 3 to 4% in 2025, a Fitch report predicts.
Home equity investment firms unite amid regulation shift
The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows.
Refinances see mini hot streak thanks to lower rates
The latest refinance surge helped lift total application activity up for a second straight week, even as purchases fell, the Mortgage Bankers Association said.
After tariff-driven volatility, mortgage rates move lower
The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
Rising rates throw cold water on home price growth
On an annual basis, home prices grew by 4.2% in November, FHFA's index found.
CFPB links cash-out refis to improved credit scores
Paying off debt and making home repairs are the top reasons homeowners choose a cash-out refinance, per the bureau's report.
Fannie Mae cuts mortgage forecast as high rates stick around
Higher mortgage rates will persist through 2026, affecting sales and refinancings. Those expectations led Fannie Mae to cut its volume outlook for the next two years.
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