Mortgage rates soar as investors become less pessimistic
But the 30-year fixed remains below 3%, which should continue to support increased demand.
Mortgage rates
Plummeting mortgage rates drive Ginnie Mae issuance to a record high
Ginnie Mae helped to fund more than $70 billion in loans aimed at helping low- and moderate-income borrowers in July.
Mortgage credit rises in July, as ARMs, jumbos come back
Conditions have improved for the first time since November.
Housing groups seek change to FHA loan restriction on student debt
An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.
Mortgage applications down again, but still ahead of 2019’s pace
Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.
Mortgage rates slip back below the 3% mark
Mortgage rates fell 2 basis points this week, remaining near their historic lows as they have for the past month with the markets roiled by uncertainty, according to Freddie Mac.
Mortgage rates rise for the first time in over a month
Mortgage rates rose for the first time in six weeks, going back the above the 3% mark, as spreads to the 10-year Treasury yield widened again, according to Freddie Mac.
Mortgage applications rise as loan demand remains strong
Mortgage applications increased 4.1% from one week earlier as consumers continued to pursue both purchases and refinancings even as conforming rates rose from their record lows, according to the Mortgage Bankers Association.
Will Ginnie’s digital mortgage push give e-note use critical mass?
Issuers approved for the program will receive written authority to use "digital collateral" for a limited number of securitizations.
Mortgage rates fall closer to the 3% mark
Mortgage rates continued their slide, with the conforming 30-year fixed at its closest point ever to breaching the 3% mark, according to Freddie Mac.
Mortgage rates at new low, likely to fall further
Mortgage rates reached their lowest level this week since Freddie Mac began its Primary Mortgage Market Survey in 1971, but they might not have yet gotten to their floor.
Pending home sales post record gain, exceed all forecasts
Contract signings to purchase previously owned homes surged in May by the most on record as mortgage rates fell and some states began to reopen from coronavirus lockdowns.
Mortgage application volume down although rates stayed at record low
Even as interest rates remained at record-low levels, mortgage application activity for both purchases and refinancings declined compared to one week earlier, according to the Mortgage Bankers Association.
May’s home sales beat potential despite coronavirus: First American
Potential sales last month rose compared with April as homes became more affordable due to low mortgage rates.
Purchase mortgage applications rise to highest level in 11 years
Purchase mortgage application volume was at its most in over a decade as consumer confidence continued to improve in the aftermath of the coronavirus shutdown, according to the Mortgage Bankers Association.
Mortgage rates edge up after jobs report, Fed MBS announcement
Mortgage rates increased slightly for the second consecutive week, buoyed early on by positive economic news such as the jobs report that came out last Friday, according to Freddie Mac.
Purchase mortgage applications are still on a roll
Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to the Mortgage Bankers Association.
Mortgage refinance volume is up 105% from a year ago: Report
With mortgage rates reaching all-time lows in the opening quarter, refinance originations were up in 97% of housing markets during 1Q, according to Attom Data Solutions.
Purchase mortgage applications continue to rebound
Purchase mortgage activity rose for the third consecutive week, although the total volume was flat compared with the previous seven-day period, according to the Mortgage Bankers Association.
Mortgage rates fall to new lows as coronavirus impacts nation
Mortgage rates fell to their lowest level since Freddie Mac started reporting this data in 1971, as the coronavirus shutdown continued to play havoc with the economy.
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