Mortgage rates aren’t hampering millennials’ homebuying interest June 2, 2025 by bp56691 A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Mortgage rates unfazed by crazy economic headlines May 31, 2025 by bp56691 Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.
Will an implicit guarantee keep mortgage rates from rising after release of GSEs? May 28, 2025 by bp56691 Will mortgage rates rise if the government releases the GSEs from conservatorship? It depends on whether there is a government guarantee.
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship May 24, 2025 by bp56691 Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.
Competition for HELOC business heats up as home equity grows May 20, 2025 by bp56691 MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
Better mortgage spreads boost housing demand in 2025 May 17, 2025 by bp56691 The improvement in mortgage spreads since 2023 has contributed to a noticeable positive trend in purchase application data for 2025.
Mortgage demand still staying firm with elevated rates May 10, 2025 by bp56691 As the spring home-buying season winds down, the demand for mortgages is holding steady, even with the higher rates.
Why this week’s Fed meeting is critical for mortgage rates May 4, 2025 by bp56691 The Fed has adjusted its inflation targets, primarily in response to the trade war and the anticipated shortages if agreements aren’t reached.
The labor market is still keeping mortgage rates elevated May 3, 2025 by bp56691 To get mortgage rates below 6% with duration, we need to see the labor market break, which hasn’t happened yet.
Easter-driven home sales dip masks recent growth April 28, 2025 by bp56691 Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.