While Jerome Powell made it known he wouldn’t be bullied into lowering rates, he indicated that deteriorating economic data may warrant cuts regardless. During a… Read More »Mortgage Rates Move Lower After Powell Speech at Jackson Hole
I’m seeing more people buy into the idea, or perhaps myth, that mortgage rates will drop when the Fed makes its next interest rate decision.… Read More »Don’t Circle September 17th on Your Calendar as Mortgage Rate Drop Day
I got to thinking the other day that absent bad jobs numbers, it will be difficult for mortgage rates to move much lower anytime soon.… Read More »How Will Mortgage Rates Move Lower Without Bad Jobs Numbers?
You may have heard that Warren Buffett’s Berkshire Hathaway bought shares in a pair of home builders last quarter. The company released its latest 13-F… Read More »Buffett Bought Home Builders Again. Is It a Play on Lower Mortgage Rates?
Today we’ll take a look at the top USDA lenders by loan volume in 2024. In case you need a refresher, USDA loans are reserved… Read More »Top USDA Lenders in 2024: UWM Beat Out DHI Mortgage for the #1 Spot
If you’re hoping for lower mortgage rates, you might be thrilled to hear what Treasury Secretary Scott Bessent has to say. During a television interview… Read More »Treasury Secretary Bessent Calls for Huge Rate Cuts. What Will Mortgage Rates Do?
It’s no secret that banks have lost interest in mortgage lending in recent years. It has become very much dominated by nonbanks, companies that do… Read More »Who Are the Top Bank Mortgage Lenders?
Over the weekend, President Donald Trump teased a new company known as “The Great American Mortgage Corporation” on his Truth Social platform. FHFA Director Bill… Read More »What on Earth Is The Great American Mortgage Corporation?
You don’t hear about a mortgage lender having a sale very often. But Chase is bucking the trend by offering discounted mortgage rates this month.… Read More »Chase Is Having a Sale on Mortgage Rates This Month
With mortgage rates reaching their best levels in about a year, refinancing might finally be heating up again. It’s been a tough year for refinance… Read More »Should You Wait for Mortgage Rates to Fall Even More Before Refinancing Your Mortgage?
