Why Mortgage Rates Went Up This Time
Well, it happened again. The Fed cut rates and mortgage rates surged higher. Not the first time and surely won’t be the last. I warned… Read More »Why Mortgage Rates Went Up This Time
Mortgage Rates Tend to Go the Opposite Way of the Fed on Fed Day
Well, it’s Fed Day again. That means we’re going to get another decision from the Federal Reserve today. At last glance, the odds of another… Read More »Mortgage Rates Tend to Go the Opposite Way of the Fed on Fed Day
Soon You’ll Be Able to Pay the Mortgage with Venmo
We’ve all heard about paying the mortgage with a credit card, something that wasn’t possible until very recently. It still technically isn’t a direct option,… Read More »Soon You’ll Be Able to Pay the Mortgage with Venmo
Lower Inflation Paves Way for Path to 5% Mortgage Rates
Well, the delayed CPI report is out and we avoided any major drama. The report actually came in cooler-than-expected, with a 0.3% increase month-over-month and… Read More »Lower Inflation Paves Way for Path to 5% Mortgage Rates
CPI Report Could Send Mortgage Rates to the 5s or Back Toward the Mid-6s
It’s been a good couple of weeks for mortgage rates during the ongoing government shutdown. Historically, they tend to do well when the government isn’t… Read More »CPI Report Could Send Mortgage Rates to the 5s or Back Toward the Mid-6s
New Proposal for Fannie and Freddie to Buy MBS Could Lower Mortgage Rates 30 BPS or More
A new proposal is floating around that could push mortgage rates even lower than they already are. In case you haven’t noticed, the 30-year fixed… Read More »New Proposal for Fannie and Freddie to Buy MBS Could Lower Mortgage Rates 30 BPS or More
Mortgage Lender Lower Partners with Real Estate Brokerage HomeSmart to Win More Business
In a bid to expand its reach to even more home buyers, mortgage lender Lower has inked a new agreement with real estate brokerage HomeSmart.… Read More »Mortgage Lender Lower Partners with Real Estate Brokerage HomeSmart to Win More Business
Top FHA Lenders in 2024: UWM Is #1 Overall, But Is Biggest the Best?
If you’re in need of an FHA loan, you might be curious who the top FHA lenders are. By top, I mean largest. While biggest… Read More »Top FHA Lenders in 2024: UWM Is #1 Overall, But Is Biggest the Best?
New Forecast Says Mortgage Rates Will Stay Above 6% Through at Least 2028
Sorry to throw cold water on the recent mortgage rate rally, but this could be as good as it gets. At least, if you believe… Read More »New Forecast Says Mortgage Rates Will Stay Above 6% Through at Least 2028
Just How Likely Is a 30-Year Mortgage Rate Below 6% by December 31st?
I’ve mentioned on several occasions that I predicted a sub-6% mortgage rate by the fourth quarter of 2025. We are now in the fourth quarter,… Read More »Just How Likely Is a 30-Year Mortgage Rate Below 6% by December 31st?