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
While President Trump and FHFA Director Pulte continue to call for lower rates, mortgage rates have quietly marched down to their 2025 lows. It’s kind… Read More »Mortgage Rates Quietly Fall to Lows of 2025
President Trump’s latest salvo against Fed Chair Jerome Powell called for 1% interest rates. And he added that he’d “love him to resign if he… Read More »Trump Wants Interest Rates Cut to 1%. What Would That Mean for Mortgage Rates?
There’s been a lot of hubbub about crypto-backed mortgages in the past 24 hours. But the excitement (of crypto enthusiasts) might be a little overdone.… Read More »What the Fannie Mae and Freddie Mac Crypto Order Really Means
In testimony to the House Financial Services Committee today, Federal Reserve Chair Jerome Powell said they haven’t cut rates this year because of the tariffs.… Read More »Powell Says They’d Still Be Cutting If There Weren’t Tariffs, and Chances Are Mortgage Rates Would Be Lower Too
The nation’s second largest mortgage lender has launched a new bridge loan product to help buyers move before selling their existing home. It allows them… Read More »Rocket Mortgage Launches Bridge Loan to Help Customers Buy Now, Sell Later
While one may have worried that mortgage rates would move higher after the U.S. bombed Iran nuclear facilities, so far things have gone the other… Read More »Mortgage Rates Move Lower Despite Evolving Iran Conflict
It’s no secret certain folks don’t like Fed Chair Powell. You may have heard of one of them, President Donald Trump, who refers to him… Read More »Pulte Blames Powell for High Mortgage Rates and Trapping Borrowers in Their Homes
The big Fed decision yesterday was keeping rates unchanged. Everyone knew that was going to be the case and didn’t bat an eye. However, things… Read More »Powell Signals There Won’t Be Shortcuts on Rate Cuts or Path to Lower Mortgage Rates
