Do mortgage rates have room to drop lower?
Treasury Secretary Bessent said the housing market is about to “unfreeze.” Can mortgage rates go even lower than we’ve seen since Jan. 14?
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Can government job cuts lead to lower mortgage rates for spring?
Could the loss of jobs in the government sector significantly increase the unemployment rate and push mortgage rates lower this spring?
Better mortgage spreads are capping rates in 2025
Better mortgage spreads are limiting how high mortgage rates can rise in 2025, which is in contrast to what we’ve seen in recent years.
Better announces ‘Better Forever’ borrower loyalty program
The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.
Mortgage rates stay calm before possible tariff enforcement
Last week, the housing data demonstrated stability even as we approached potential tariff enforcements starting on Saturday.
Mortgage rates fell last week. Can they go lower?
Mortgage rates fell last week after a brutal few months of rising rates. The question now is whether rates can keep going lower.
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.
Housing demand positive, but at risk from higher mortgage rates
Our weekly pending contract data is still positive, but only by 1%, as demand growth has slowed amid higher mortgage rates.
Has spring housing demand already started?
I believe that spring demand actually started in November this year. — a trend that’s been evident in rising sales data.
Mortgage demand drops 22% during holidays as rates move higher
Rising mortgage rates suppressed applications in the MBA’s final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.