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
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
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
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
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?
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
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?
Lately, mortgage rates have been kind of stuck in a holding pattern, though drifting lower at the same time. At last glance, the 30-year fixed… Read More »How We Get to Sub-6% Mortgage Rates By the End of 2025
During a National Association for Business Economics (NABE) conference in Philadelphia, Fed Chair Jerome Powell admitted they maybe went too far buying up mortgage-backed securities… Read More »Powell Admits Mortgage-Backed Security Purchases May Have Gone Too Far
Well, it appears the rumors were true. You’ll soon be able to earn Bilt points when you make your monthly mortgage payment. Today, UWM and… Read More »UWM Customers Will Soon Earn Bilt Points for On-Time Mortgage Payments
