News
Mortgage rates jump further to five-month high of 6.43%
1+ day, 44+ min ago (378+ words) US mortgage rates climbed for a third straight week, pushing home-financing costs to the highest since October and dealing a blow to both purchasing and refinancing activity. The contract rate on a 30-year mortgage rose 13 basis points to 6.43% in the…...
Lenders: Chase affordability gains before rates climb further
2+ hour, 23+ min ago (598+ words) February's low mortgage rates, when the 30-year fixed fell below the 6% mark, helped to improve homebuyer's ability to afford the payments on their purchase, the Mortgage Bankers Association found. During the month, lenders were offering loans priced under 6%, with the…...
Guaranteed Rate, Union Home Mortgage, Optimal Blue make leadership moves
5+ day, 22+ hour ago (111+ words) In early deployments with Freedom Mortgage, the platform from Palantir Technologies and Moder is live with multiple key processes. The average homebuyer would save $150 per month by using an adjustable-rate mortgage instead of a 30-year fixed-rate mortgage, according to Redfin....
Borrower hesitation in high-cost regions
5+ day, 21+ hour ago (223+ words) Insurance costs influence many home purchases. Premium increases in states such as Florida, California, Louisiana, and Texas have materially altered monthly housing expense ratios, particularly in disaster-prone regions where carriers have reduced their exposure. Mortgage professionals have traditionally centered conversations…...
Forget rate drops — here's where mortgage volume will come from
6+ day, 14+ hour ago (698+ words) With mortgage rates expected to hover near current levels for much of 2026, lenders shouldn't count on rate drops to drive originations growth " and a panel of leading economists at Intercontinental Exchange's ICE Experience conference in Las Vegas this week made…...
Inflation drives mortgage rates to 2026 high point
6+ day, 22+ hour ago (868+ words) Yields on the 10-year Treasury, after a brief dip at the start of the week, returned to the upper 4.2% range, even briefly breaking 4.3%, in reaction to inflationary pressures from the Iran conflict. In turn, this led mortgage rates to increase…...
Mortgage deregulation: praise and peril from Trump's EO
1+ week, 2+ day ago (1675+ words) Mortgage industry professionals have raised some concerns amid the broader praise for President Trump's executive order signed Friday, which aims to loosen mortgage lending regulations." Many of the rules the EO looks to unwind were put into effect by the…...
Trump building order targets supply-side constraints
1+ week, 2+ day ago (788+ words) A new federal executive order from President Trump related to "removing regulatory barriers to home construction" aims to increase affordable inventory through broad deregulation. The Federal Housing Finance Agency and the Department of Housing and Urban Development are among several…...
Treasury yields may still be headed higher
1+ week, 3+ day ago (419+ words) Treasuries opened better this morning, the 5-year below Friday's lowest yield, but now a lot of damage needs to be undone. Friday's closes were mixed, the same as the openings, but the losses for the week were the largest in…...
White House order to increase small bank mortgage lending
1+ week, 5+ day ago (416+ words) WASHINGTON " The Trump administration has issued an executive order aimed at increasing small banks' ability to dive back into the mortgage lending space." The order comes only days after a bipartisan housing bill passed the full Senate by a wide…...