Most Recent Mortgage rates News

Bond selloff deepens after 30-year yield hits highest since 2004

Bond selloff deepens after 30-year yield hits highest since 2004

Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in...

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Chase, Wells, BofA post strong Q2 mortgage gains

Chase, Wells, BofA post strong Q2 mortgage gains

Mortgage loan production volume at three of the nation’s largest banks came in above expectations for the second quarter, which...

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Rate-hike odds rise, a warning sign for lenders

Rate-hike odds rise, a warning sign for lenders

The share of economists expecting the next Federal Open Market Committee action to be a rate hike continues to grow,...

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What’s the ‘magic number’ that’ll get homebuyers off the sidelines?

What’s the ‘magic number’ that’ll get homebuyers off the sidelines?

“Truthfully, people are still getting great rates in the low sixes,” he said. “So I think if we were mid-high...

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Leek, Precise and Rely cut rates by up to 49bps – Mortgage Strategy

Leek, Precise and Rely cut rates by up to 49bps – Mortgage Strategy

Leek Building Society, Precise Mortgages and Rely are cutting rates across several ranges by up to 49bps. Leek is cutting...

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Will mortgage rates hit 7% next week?

Will mortgage rates hit 7% next week?

President Donald Trump repeatedly said talks with Iran on ending the war were going “very well,” even as Iranian officials...

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Pepper Money raises rates by at least 35bps – Mortgage Strategy

Pepper Money raises rates by at least 35bps – Mortgage Strategy

Pepper Money has increased rates by at least 35bps on multiple products. The lender said the move was in response...

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Halifax Intermediaries, Coventry and more to raise rates – Mortgage Strategy

Halifax Intermediaries, Coventry and more to raise rates – Mortgage Strategy

Halifax Intermediaries, Coventry for Intermediaries, BM Solutions, Keystone and Pepper will all be increasing rates over the coming days. This...

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Tariff ruling could hamstring unilateral release of GSEs

Tariff ruling could hamstring unilateral release of GSEs

Even if he was so-inclined to do so, President Trump might not be able to unilaterally release the government-sponsored enterprises...

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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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