Most Recent Mortgage rates News

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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What impact will lower mortgage rates have on consumer sentiment?

What impact will lower mortgage rates have on consumer sentiment?

The fact that scores of borrowers bought or refinanced their homes during the record-low-rate environment of the COVID-19 pandemic means...

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Should homebuyers move now, or wait for rates to drop?

Should homebuyers move now, or wait for rates to drop?

The likelihood that rates will dip just over a month from now could see buyers gear up to re-enter the...

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How widespread is the housing market’s ‘lock-in’ effect?

How widespread is the housing market’s ‘lock-in’ effect?

The run-up in rates means for the majority of those borrowers, it makes little sense to move, swapping their existing...

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Is the US housing market turning a corner?

Is the US housing market turning a corner?

That drop contributed to a boost in refinances, which increased to their highest level since August of 2022, while applications...

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New home sales slump to six-month low

New home sales slump to six-month low

There were 481,000 available homes on the market in May, data showed, even as many would-be sellers choose to stay...

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