Most Recent Mortgage rates News

Powell says locked-in pandemic mortgages are stifling housing market

Powell says locked-in pandemic mortgages are stifling housing market

“We feel like the Fed is probably going to move off of targeting Fed funds as its primary policy rate,”...

  • 39
Mortgage rates now at their lowest level this year

Mortgage rates now at their lowest level this year

“Mortgage rates continued to trend down this week, hitting their lowest level in over a year,” Sam Khater, Freddie’s chief...

  • 89
FHFA’s Pulte has issue with Powell’s take on Fed housing role

FHFA’s Pulte has issue with Powell’s take on Fed housing role

Housing regulator Bill Pulte showed new frustration with Federal Reserve Chairman Jerome Powell and the latest decision to keep short-term...

  • 210
Mortgage servicers benefit most from FOMC’s inaction: KBW

Mortgage servicers benefit most from FOMC’s inaction: KBW

In the aftermath of the Federal Open Market Committee’s June meeting, certain interest rate spreads should narrow, but the overall...

  • 229
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...

  • 133
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...

  • 145
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...

  • 238
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...

  • 262
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...

  • 320
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...

  • 293