Mortgage rates again move opposite Fed’s actions
Dec 20, 2024Mortgage rates rose 12 basis points this week, reflective of the environment even before the Federal Open Market Committee announced...
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Most Recent Mortgage rates News
Mortgage
As mortgage rates hit a four-month high, how are brokers reacting?
Nov 23, 2024Advice to clients in the current climate remains the same as when interest rates first spiked in 2022, according to...
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Mortgage
Mortgage rates are rising again. What’s next for the market?
Nov 3, 2024It’s also served as a reality check for those brokers and originators who might have been preparing to take their...
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Mortgage
Why mortgage rates might rise after Fed cut
Sep 19, 2024Mortgage rates continued to tumble closer to the 6% mark, even before taking into account the full impact of the...
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Mortgage
Powell’s pivot leaves traders debating size, path of rate cuts
Aug 26, 2024Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond...
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Mortgage
What impact will lower mortgage rates have on consumer sentiment?
Aug 15, 2024The 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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Mortgage
Should homebuyers move now, or wait for rates to drop?
Aug 11, 2024The likelihood that rates will dip just over a month from now could see buyers gear up to re-enter the...
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Mortgage
How widespread is the housing market’s ‘lock-in’ effect?
Jul 28, 2024The run-up in rates means for the majority of those borrowers, it makes little sense to move, swapping their existing...
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Mortgage
Is the US housing market turning a corner?
Jul 21, 2024That drop contributed to a boost in refinances, which increased to their highest level since August of 2022, while applications...
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Mortgage
New home sales slump to six-month low
Jun 27, 2024There 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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