Most Recent Mortgage rates News

United Wholesale Mortgage adds 1% down payment loan

United Wholesale Mortgage adds 1% down payment loan

United Wholesale Mortgage is bringing back a conventional purchase mortgage in which the borrower only has to come up with...

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Why wholesale beats retail in helping borrowers through the current market

Why wholesale beats retail in helping borrowers through the current market

“Even though the retail is the majority, it’s the minority, because they’re so broken and compartmentalized,” Sloan told Mortgage Professional...

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Some mortgage and housing stocks end Friday higher

Some mortgage and housing stocks end Friday higher

Some mortgage and housing stocks escaped the market’s carnage on Friday, when investors sold off equities in the ongoing reaction...

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US mortgage rates dip, fueling application surge despite economic chaos

US mortgage rates dip, fueling application surge despite economic chaos

“It’s just a very giving market. People are excited. There are a lot of programs for first-time homebuyers too. There...

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Mortgage interest rates inch down in slow-moving pattern

Mortgage interest rates inch down in slow-moving pattern

Mortgage rates have fluctuated less than 20 basis points in the past five weeks, in a pattern Freddie Mac says...

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Mortgage rates again move opposite Fed’s actions

Mortgage rates again move opposite Fed’s actions

Mortgage rates rose 12 basis points this week, reflective of the environment even before the Federal Open Market Committee announced...

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As mortgage rates hit a four-month high, how are brokers reacting?

As mortgage rates hit a four-month high, how are brokers reacting?

Advice to clients in the current climate remains the same as when interest rates first spiked in 2022, according to...

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Mortgage rates are rising again. What’s next for the market?

Mortgage rates are rising again. What’s next for the market?

It’s also served as a reality check for those brokers and originators who might have been preparing to take their...

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Why mortgage rates might rise after Fed cut

Why mortgage rates might rise after Fed cut

Mortgage rates continued to tumble closer to the 6% mark, even before taking into account the full impact of the...

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Powell’s pivot leaves traders debating size, path of rate cuts

Powell’s pivot leaves traders debating size, path of rate cuts

Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond...

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