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.
Housing markets
U.S. homeownership falls for first time since 2016
As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.
Mortgage application activity decreases despite lower rates
A pickup in refinances was offset by the first pullback in purchases in four weeks in the run-up to Labor Day, according to the Mortgage Bankers Association.
Higher mortgage rates slow refi application volume
The increase in purchase volume was not enough to offset the drop in refinance application submissions as conventional rates increased week-over-week.
Chase formally reenters HELOC business after five years
The bank "temporarily" paused home equity line of credit lending in April 2020, over concerns regarding the economic impact of the Covid-19 pandemic.
Mortgage-Treasury spread at narrowest point in three years
While still higher than the norm, the reduction in this spread is good news when it comes to mortgage rates for potential homebuyers as well as current owners.
Mortgage delinquencies ease to start second half of 2025
While the overall delinquency rate improved this summer, FHA-backed mortgage borrowers continued to exhibit concerning levels of payment stress in July.
Real estate investor sentiment up despite economic worries
Real estate investor sentiment bounced back from two quarters of decline, but lingering fears around tariffs, interest rates still weigh on many buyers' minds
By
Jarrod Barry
Economists now leaning towards September Fed cut
Approximately 60% of economists surveyed by Wolters Kluwer believe the Federal Open Market Committee will act at its next meeting with a 25 basis point cut.
Average mortgage payment dips, easing buyer strain
New homebuyers found mortgages more affordable last month amid growing supply and softer prices nationwide, new data from the MBA finds.
By
Jarrod Barry
FHFA set to end equitable housing finance plans for GSEs
The agency has a proposed repeal in place, getting ready to be made public on July 28, which would rescind another Biden-era fair housing policy.
What’s behind the increase in housing inventory?
Housing supply is returning to pre-pandemic levels, but the rise comes as new listings fall, pointing to subdued demand, leading real estate brokerages said.
Non-QM drives RMBS H125 gains amid uncertain outlook
Most indicators cited by Morningstar DBRS are favorable to a good securitization market the rest of the year, but inflation is one of several challenges.
FHLBank San Francisco invests $53M in Fannie Mae bond
This transaction for 230 rental units follows a March $10 million affordable housing investment in Nevada Housing Division Mortgage Revenue Bonds.
Fannie less optimistic about home sales, mortgage rates
Fannie Mae's June housing outlook was down from a month ago, reflecting expectations of a further slowing housing market.
By
Jarrod Barry
Homeownership stalls after a decade of gains
The gap between costs and wages hit an inflection point and policy may determine what happens next, according to the Harvard Joint Center for Housing Studies.
No Fed rate cut until September at earliest, economists say
None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September.
Tariffs, immigration fears stoke housing cost debate
A survey from Redfin reveals that Americans are unsure about how President Trump's policies will affect home prices.
By
Jarrod Barry
Mortgage applications for new homes soar to record high
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
HUD faces backlash over new fair housing rule
The comment period for the Affirmatively Furthering Fair Housing interim final rule has been extended, but consumer advocates are clear in their opposition.
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