Most Recent Mortgage News

TMW cuts switcher rates as Leeds and Principality trim costs – Mortgage Strategy

TMW cuts switcher rates as Leeds and Principality trim costs – Mortgage Strategy

TMW is lowering rates on its switcher deals tomorrow by up to 25 basis points, following cuts to its new...

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Are Mortgage Rates Finally Poised to Start Falling Again?

Are Mortgage Rates Finally Poised to Start Falling Again?

A while back I noted that mortgage rates were trending higher. This was after a long period of trending lower....

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Why the Fed’s balance sheet may matter more to mortgage rates than the dot plot

Why the Fed’s balance sheet may matter more to mortgage rates than the dot plot

“I think you’re going to see rates kind of stay in the 6.25% to 6.5% range for the rest of...

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HUD trims FHA red tape; groups want MIP cut next

HUD trims FHA red tape; groups want MIP cut next

The Department of Housing and Urban Development has announced 14 changes to the Federal Housing Administration program, claiming eliminating these...

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A steady hand on the tiller – Mortgage Strategy

A steady hand on the tiller – Mortgage Strategy

The mortgage market has been a very fast and rickety ride in the first five months of the year, with...

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Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%

Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%

With mortgage rates above 6.50% these days, the average home buyer today actually pays more in interest than the purchase...

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Mr. Cooper and three bureaus reported on-time borrowers late, suit alleges

Mr. Cooper and three bureaus reported on-time borrowers late, suit alleges

Their credit reports told a different story. According to the filing, Nationstar/Mr. Cooper reported them 60 days late in May...

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‘Stop prompting, start delegating’: Anthropic exec to banks

‘Stop prompting, start delegating’: Anthropic exec to banks

Key insight: McNamara broke down three types of agentic deployment she sees in the financial industry — internal productivity, faster...

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15 June to 19 June – Mortgage Strategy

15 June to 19 June – Mortgage Strategy

This week’s top headlines: Santander reducing rates across its mortgage range and Renters Rights Act triggers evictions Explore these and...

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Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover

Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover

Mortgage rates got a little boost today thanks to an apparent peace deal between the U.S. and Iran. However, the...

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