Mortgage, rate
Mortgage Rates Drop, But Homebuyers Still Say 'No Thanks'– Here's What's Really Behind The Buyer Strike
The recent drop in mortgage rates hasn’t sparked the homebuying surge many industry experts anticipated. Instead, potential buyers are holding firm, contributing to what some analysts are calling a “buyer strike” in the housing market.
Why mortgage rates might rise after Fed cut
While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury yield, have all increased.
Mortgage rates drop to lowest level since early 2023 after rate cut
The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie Mac said Thursday.
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, according to data released by Freddie Mac on Thursday.
Mortgage rates dip to lowest level since early 2023 after Fed rate cut
Mortgage rates declined to their lowest level since February 2023 after the Federal Reserve instituted a significant interest rate cut. In the past week, the standard 30-year, fixed-rate mortgage averaged 6.
Mortgage Rates Fall to a Two-Year Low: mREIT Stocks to Keep an Eye on
The mortgage real estate investment trust (mREIT) industry is witnessing a rebound thanks to declining mortgage rates. This has resulted in improvement in purchase originations and refinancing activities.
HousingWire4dOpinion
Opinion: Are you thriving or barely surviving in the shifting mortgage industry?
Adapting to the shifting mortgage industry requires consistency, strong processes, and a willingness to evolve. Are you ...
Today’s 30-year mortgage interest rates remain unchanged at 5.990%, while rates for 15-year terms rise to 5.125%
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 19, which is unchanged from yesterday.
Speeding Up Mortgage Processing With ClearCloser's Advanced AI
Artificial Intelligence is revolutionizing how lenders, institutions and homebuyers are handling this once archaic process, ...
HousingWire1d
Driving Mortgage Innovation: How AI and digital lending are transforming the industry
Housingwire spoke with Wolters Kluwer’s Kevin Wilzbach on technology’s role in helping transform the mortgage lending ...
Mortgage rates slide, activity booms as Fed decision looms
Mortgage rates continued to slide and activity boomed ahead of the Federal Reserve meeting, per the Mortgage Bankers ...
Mortgage Rates Tick Back Up to 6%
After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...
Mortgage and real estate industry hit the jackpot this week with trio of announcements
Cathcart: New mortgage rules to help Toronto, Vancouver homebuyers Shaun Cathcart, senior economist at The Canadian Real ...
Crain's Detroit9d
Mortgage lenders put focus on tech over hiring in preparation for next boom
Brown, speaking during the Rocket Investor Day, said there are myriad challenges with doing a “sudden surge” in hiring during ...
Mortgage Refinance Rates Keep Moving Higher
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
Mortgage Strategy1d
Market Harborough signs industry mental health charter
Market Harborough Building Society has taken the next step in supporting its colleagues’ health and wellbeing by signing the ...