Mortgage rates are a tad bit worse today heading into the Fed’s October meeting. Most notably, the bellwether 10-year bond yield is back above 5%… Read More »Mortgage Rates Under Pressure Ahead of Fed Meeting and Inflation Data
Mortgage rates remain flat today, still hovering around 7.375% or so for the 30-year fixed. The 10-year yield continues to sit just under 5%, which… Read More »AI Spending Hot Again, Remains the Wild Card for Mortgage Rates
Opendoor has rolled out a new way to buy a home that bypasses the mortgage entirely. And that might sound pretty good given where mortgage… Read More »Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch?
Mortgage rates are a touch better to start the week, moving back toward their best levels in a month. The 30-year fixed is averaging close… Read More »Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week
Bonds had one of their best days yesterday in more than three years. The 10-year yield plunged nearly 20 basis points, its biggest one-day drop… Read More »Mortgage Rates Back on the Rise After Biggest Bond Rally Since 2023
Well, once again it is the AI trade leading to lower mortgage rates. It seems to be the only thing working when it comes to… Read More »Tech Stock Selloff Leads to Mortgage Rate Plunge
Mortgage rates aren’t doing a whole lot of anything today, and that could start to become the problem. Bond yields are mostly flat, which leaves… Read More »Stuck Mortgage Rates Starting to Hurt the Real Estate Industry
Mortgage rates are a little better today, but it might not be worth celebrating. The reason isn’t great, as it typically isn’t. This time it’s… Read More »Mortgage Rates Move Lower Thanks to Record Low Pending Home Sales
Each month, Fannie Mae releases a forecast for home prices, sales, and mortgage rates, among other things. Between September’s report and October’s, they raised their… Read More »Fannie Mae Ups 2027 Mortgage Rate Forecast to 7.5%
Mortgage rates have now fallen for five days in a row. That puts the average 30-year fixed mortgage around 7.375%, a three-week low and roughly… Read More »Mortgage Rates Keep Falling on AI Rout, But Will It Last?
