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.
Mortgage and real estate industry hit the jackpot this week with trio of announcements
This week’s trio of bullish mortgage events should give real estate a shot in the arm by the first quarter or before. As with ...
This mortgage hack could save you thousands a year — and it’s not a refinance
Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.
HousingWire1d
Reverse mortgage lenders are ready for lower interest rates
A group of reverse mortgage leaders reacted to the news of the Fed's rate cut this week and how their companies are preparing ...
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 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 ...
HousingWire23h
Reverse mortgage industry prepares for annual meeting in San Diego
As NRMLA prepares to host its 2024 Annual Meeting and Expo in San Diego, President Steve Irwin offers a preview.
Inside The Mind Of A Mortgage Industry Titan
Achieving Success in Business and Life, about Stanley C. Middleman by R. Christopher Whalen, is published with Forbes Books ...
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 ...
lbmjournal1d
Existing home sales slide despite lower mortgage rates
However, NAHB expects increased activity in the coming months as mortgage rates continue to moderate. Improving inventory is ...
HousingWire3dOpinion
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 ...