I recently came across some apparent quotes from Treasury Secretary Scott Bessent regarding mortgage rates. One social media post on X claimed he said we… Read More »Bessent Waffles When Asked If Fed Cuts Will Lower Mortgage Rates
Lately, the battle for supremacy in the mortgage/real estate world has heated up tremendously. First, we saw Rocket acquire real estate brokerage Redfin, and most… Read More »Is the Compass Anywhere Merger a Big Mortgage Victory for Guaranteed Rate?
There’s more good news for mortgage rates if you believe Fannie Mae’s latest monthly forecast. In the company’s September 2025 Economic and Housing Outlook, they… Read More »Fannie Mae Is Predicting a Sub-6% 30-Year Fixed Mortgage Rate in 2026
One oddity in the mortgage world these days is that the nation’s top lender, United Wholesale Mortgage, as the name implies, is a wholesale lender.… Read More »How Does United Wholesale Mortgage Work?
A while back, I declared that we were in a falling mortgage rate environment. Perhaps I said it too early, but the general thought was… Read More »This Might Just Be a Little Setback on the Road to Even Lower Mortgage Rates
As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon. Everyone knew the Fed was going… Read More »Mortgage Rates Rise After Latest Fed Rate Cut. Here’s Why
Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision. This one was kind of unexpected since there… Read More »Mortgage Rates See Unexpected Drop Night Before Fed Rate Cut Decision
There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits. That rumor… Read More »Will Mortgage Rates Bounce Higher on the Expected Fed Rate Cut?
It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future. The latest being a Michigan-based credit… Read More »Michigan Credit Union Offering a 4.99% 30-Year Fixed Mortgage Rate Special
Now that Zillow has gone all-in on mortgages, soon you might not be able to compare rates from third-party lenders on their website. This would… Read More »Is Zillow Winding Down Its Mortgage Marketplace?
