Once again, there have been reports of President Trump threatening to fire Fed Chair Jerome Powell. But like the last time this happened, Trump has… Read More »Firing Jerome Powell Won’t Benefit Mortgage Rates
While adjustable-rate mortgages are mostly a thing of the past, homeowners are still receiving notices about monthly payment increases. But how is this possible if… Read More »Here’s How Your Mortgage Payment Can Go Up Even If It’s Not an ARM
What a difference a month makes. Mortgage rates were close to eight month lows about two weeks ago. Today? They’re only 17 basis points (0.17%)… Read More »The Past Month’s Mortgage Rate Rally Has Nearly Been Entirely Erased
Another big tie-up has been announced in the mortgage space, this time between the nation’s top mortgage lender and a credit card company. Bilt announced… Read More »Top Mortgage Lender UWM Invests $100M in Bilt Credit Card to Drive More Leads
You’ve heard the news. FHFA Director Bill Pulte has ordered Fannie Mae and Freddie Mac to begin accepting VantageScore credit scores immediately. The notice was… Read More »Will Paying Rent on Time Really Make It Easier to Get a Mortgage?
Somewhat amazingly, the 30-year fixed is once again priced back near 7% thanks to a hot jobs report. While many expected a soft report that… Read More »For Mortgage Rates, lt’s All Eyes on Labor at This Point
A lot of people (even industry folks) speak about HELOCs and home equity loans interchangeably. As if they’re essentially the same thing and not even… Read More »A Key Difference Between HELOCs and Home Equity Loans Could Matter Again Soon
The popular trading platform Robinhood has teamed up with Sage Home Loans to offer big mortgage rate discounts to its Gold members. While Robinhood hasn’t… Read More »Robinhood Partners with Sage Home Loans to Offer Mortgage Rate Discounts to Gold Members
I was thinking about mortgage rates, as I often do, when I decided to pose a question to Grok, the LLM chatbot owned by xAI.… Read More »Will Mortgage Rates Be Higher or Lower by the End of 2025? I Asked AI.
The Rocket Mortgage acquisition of Redfin is now complete. You might notice changes if you visit the Redfin website, or if you update the app… Read More »Rocket Mortgage Completes Redfin Takeover, Offers $6,000 Home Buyer Credit
