While it’s been said countless times, it bears repeating: the Fed doesn’t set mortgage rates. The Fed simply sets short-term interest rates, driven by its… Read More »Don’t Expect Fed Meeting to Bring Lower Mortgage Rates
Not all mortgage rates are created equal. Why? Because lenders don’t price them the same for any number of reasons, whether it’s cost to originate… Read More »The Gap Between Good and Bad Mortgage Rates Has Grown Wider, Shop Accordingly
Last year marked yet another year where high debt-to-income income ratios were the leading cause of denial for mortgage applicants. While a low credit score… Read More »High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial
The mortgage landscape is changing fast, with the two biggest players making major moves to increase their market share even more. Today, top mortgage lender… Read More »Nation’s Top Mortgage Lender Takes Loan Servicing In House to Win Even More Business
It’s been a pretty solid week or two for mortgage rates. The 30-year fixed, which unexpectedly breached the key 7% psychological threshold in mid-April, is… Read More »For Mortgage Rates, It’s One Step Forward, Two Steps Back
Folks on social media love coming up with so-called “hacks” to excite their followers. In the mortgage realm, this typically means highlighting math that seems… Read More »The 2% Mortgage Hack Explained
If the last few days are any indication, mortgage rates want a trade deal. They don’t like tariffs, trade wars, or any of the uncertainty… Read More »Mortgage Rates Want a Trade Deal, But Patience Might Be Needed
Thanks to newly-released data, it’s time to take a fresh look at the top mortgage lenders in California in 2024. The Golden State is by… Read More »Top Mortgage Lenders in California: UWM Sweeps All Categories, Rocket Second
With home prices out of reach for many today, an obvious question has been when will the housing market crash? To be honest, this question… Read More »Here’s Why the Housing Market Isn’t Crashing Today
Is it too soon to be talking about the end of the trade war? Perhaps, but there have been rumblings of a closed-door meeting to… Read More »How Will Mortgage Rates React to the End of the Trade War?
