What can the government do to lower mortgage rates?
Mortgage spreads fell to 1.96% and kept rates under 7%, but Iran conflict risk and Fed hawkishness left the 10-year yield near yearly highs.
Mortgage spreads fell to 1.96% and kept rates under 7%, but Iran conflict risk and Fed hawkishness left the 10-year yield near yearly highs.
The trade group’s latest projections have 10-year Treasurys yielding 4.7% through the end of 2027 The post MBA raises rate forecast, slashes refinance outlook appeared first on Scotsman Guide .
CCM appears poised to finally acquire TWO’s long-coveted mortgage servicing rights The post Two Harbors clears final regulatory hurdle for CrossCountry merger appeared first on Scotsman Guide .
Mortgage application activity was little changed last week as higher mortgage rates continued to weigh on purchase demand. The Mortgage Bankers Association (MBA) reported a 0.4% decrease in total appl
Builder sentiment improved slightly in August, but confidence in the market for newly built single-family homes remained subdued as elevated mortgage rates, rising construction costs and broader econo
With pending sales in decline, economists see market ‘treading water’ as buyer confidence wanes The post New home listings rise in August as high mortgage rates weigh on demand appeared first on Scots
Pending home sales declined again in July as elevated mortgage rates and record-high home prices continued to weigh on buyer demand. The National Association of REALTORS® (NAR) Pending Home Sales Inde
Residential construction pulled back in July as housing starts and completions declined from June levels, while building permits rebounded. The latest Census Bureau data suggests builders remained cau
For all practical purposes, Friday's mortgage rates were unchanged versus Thursday's, but if we're splitting hairs, the average lender rose 0.01% to 6.77% for a top tier 30yr fixed. While many news ou
SimplyPMG's Ospina explains why today's rates may be closer to normal than anyone admits
The Mortgage Bankers Association lowered its refi expectations by 5% this month, as rising mortgage rates are dampening borrowers' positions.
Rocket Mortgage data finds 25% of borrowers chip away at principal — and it's reshaping payoff timelines