Most Recent Mortgage rates News

Pennymac 4Q results affected by shifting mortgage rates

Pennymac 4Q results affected by shifting mortgage rates

PennyMac Financial Services fourth quarter earnings were affected by the lower interest rate environment in the quarter, coming in higher...

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Rate-and-term refinances boost slight jump in lock activity

Rate-and-term refinances boost slight jump in lock activity

Mortgage rate-lock activity ended the year on a strong note in spite of seasonal trends, new industry data found. Processing...

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Rates plummet into 5s after Trump orders Fannie and Freddie to buy mortgage bonds

Rates plummet into 5s after Trump orders Fannie and Freddie to buy mortgage bonds

Hagen said brokers should keep a close eye on that ruling. If the government has to repay tariffs, it may...

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Trump’s MBS buying plan sparks rally, long-term doubts

Trump’s MBS buying plan sparks rally, long-term doubts

If it comes to fruition, President Trump’s call for a $200 billion purchase of mortgage-backed securities could further tighten MBS...

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GSE retained portfolio growth leads to narrower spreads: KBW

GSE retained portfolio growth leads to narrower spreads: KBW

The spread between the 10-year Treasury yields and 30-year fixed mortgage rates tightened at the end of 2025, largely driven...

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Mortgage volumes see first back-to-back fall in 2 months

Mortgage volumes see first back-to-back fall in 2 months

Homes in Centreville, Maryland.Nathan Howard/Bloomberg Home loan applications fell in consecutive weeks for the first time in two months, according...

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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,”...

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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...

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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...

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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...

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