Long out of favor, adjustable-rate mortgages are quietly making a comeback. To be fair, they are still pretty fringe, but the 30-year fixed is beginning… Read More »Nation’s Top Mortgage Lender Rolls Out ARMs. Why Now?
This morning, the National Association of Realtors (NAR) reported that pending home sales dropped 6.3% in April from a month earlier. They were also 2.5%… Read More »High Mortgage Rates Are Delaying Home Purchases
A few months ago, Redfin proclaimed that a buyer’s market had finally arrived. It was the first time home sellers didn’t have the upper hand… Read More »Redfin Expects Flat Mortgage Rates, Falling Home Prices for Remainder of 2025
Today we’ll take a look at the top mortgage lenders in Ohio. Last year, nearly 900 mortgage companies originated about $42 billion in home loans… Read More »Top Mortgage Lenders in Ohio
Fed chair Jerome Powell has had no shortage of critics, not least being President Donald Trump. A month ago, there were even rumblings of Trump… Read More »Pulte Asks Powell to Lower Interest Rates, But Would Mortgage Rates Actually Go Down?
With so many calls for higher mortgage rates lately, now might be the perfect time to play contrarian. It’s something I like to do in… Read More »Mortgage Rates Are Still Expected to Come Down By the End of 2025
In another twist of events, President Donald Trump has floated the release of Fannie Mae and Freddie Mac. On his Truth Social Platform yesterday, he… Read More »President Trump Teases Release of Fannie Mae and Freddie Mac
One silver lining to elevated mortgage rates, other than the refinance opportunity later, has been a shifting psychology. A few years ago, I wrote that… Read More »Is the Magic Number for Mortgage Rates Now Anything Close to 6%?
In general, I like to play contrarian because it’s nice to consider alternative viewpoints. Instead of simply regurgitating the same take, sometimes going against the… Read More »How Moody’s Downgrade Could Actually Help Lower Mortgage Rates
With mortgage rates staying stubbornly elevated, new narratives are being written in an attempt to change that view. A popular one of late has been… Read More »Mortgage Rates Aren’t That High
