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News for: Mortgage Rates
Showing 1 - 24 of 2265 results
Oct 16, 2026 4:38 PM — Mortgage Rates
High rates had ‘chilling effect’ on new-home purchase market in September: MBA
Mortgage applications to buy newly built homes fell 8.3% year over year and 8% from August in September, as rising mortgage rates dampened demand. The MBA estimated seasonally adjusted new-home sales at 584,000 units, the weakest pace since April 2020. The average loan size edged up to $374,724, while the share of FHA applications declined. The 30-year fixed mortgage rate averaged 6.86% in Septemb... more
Oct 16, 2026 11:45 AM — Mortgage Rates
Only a Modest Decline For Mortgage Apps. Next Week Should Improve
Mortgage applications fell 2.7% for the week ending October 9 as the average 30-year fixed rate rose to 7.50%, its highest level since November 2023. Purchase applications dropped 4% and were 16% below a year earlier, while refinance applications were nearly flat but remained 56% below year-ago levels. Borrowers increasingly turned to adjustable-rate mortgages, which made up 10.5% of applications.
Oct 16, 2026 11:26 AM — Mortgage Rates
Yields continue to rattle investors. These sectors are most at risk if rates stay elevated
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Oct 16, 2026 11:18 AM — Mortgage Rates
Mortgage Rates Slightly Higher Today, But Sharply Lower This Week
Mortgage rates rose slightly, adding 0.04 percentage points after falling 0.27 points over the previous five days. Recent declines appeared connected to concerns about technology companies and reduced AI investment, but rates did not fall further when tech stocks dropped again. Higher oil prices may have contributed, though the article concludes that bond markets may simply be meeting resistance a... more
Oct 16, 2026 7:30 AM — Mortgage Rates
E.l.f. Beauty CFO Mandy Fields on consumers, pricing and building a foundation in cosmetics
E.l.f. Beauty CFO Mandy Fields says the company is sustaining growth by emphasizing affordable products, product innovation, and social-media marketing. Tariffs and resulting price increases hurt sales, but after receiving roughly $50 million in tariff refunds, E.l.f. lowered prices on selected items and directed most of the funds toward marketing.
Oct 16, 2026 6:09 AM — Mortgage Rates
Mortgage Rates Track a 10-Year Yield Flat Since Our Last Report | Today, October 16, 2026
Freddie Mac’s weekly survey showed the average 30-year fixed mortgage rate unchanged at 7.40% and the 15-year rate down 2 basis points to 6.71%. The 10-year Treasury yield was slightly higher at 5.106%, suggesting mild upward pressure on lender rates, though quotes may remain effectively flat. Upcoming Industrial Production data could influence yields. The article also reviews current mortgage-rat... more
Oct 16, 2026 5:49 AM — Mortgage Rates
Optimal Blue: Non-QM Bucks the September Slowdown as Mortgage Rates Surge
Optimal Blue reported that total mortgage rate-lock volume fell in September as rates rose, but non-QM lending grew 8% month over month and made up 12% of production. Purchase activity remained relatively steady, while adjustable-rate mortgages reached a record 14% share of locks in the firm’s data. The 30-year conforming mortgage rate ended the month at 7.39%, and the 10-year Treasury yield reach... more
Oct 16, 2026 5:00 AM — Mortgage Rates
Your mortgage interest rate affects what you’ll pay over time. Learn what determines your rate
CNN
The article explains that mortgage interest rates significantly affect borrowers’ monthly principal-and-interest payments and the total cost of a loan. It also discloses CNN Underscored’s affiliate relationships and cookie practices.
Oct 16, 2026 4:41 AM — Mortgage Rates
Tesla stock pops after unveiling Roadster with compressed air thrusters for limited flight
Tesla demonstrated a redesigned Roadster with dramatic stunts and claimed acceleration of under one second from 0 to 60 mph. The car is planned to enter production in 2028, with three configurations and prices or deposits varying by version. Tesla has not clarified whether the thruster-equipped model would be permitted on public roads.
Oct 16, 2026 4:02 AM — Mortgage Rates
Rareview Capital and Tuttle Capital Management Launch Humanoid Robotics ETF HOID
Rareview Capital and Tuttle Capital Management launched HOID, an actively managed ETF investing in companies developing humanoid robots and related technologies, including AI, software, semiconductors, sensors, actuators, and batteries. The fund may invest in U.S. and international companies at various stages of commercialization and plans to rebalance its portfolio at least quarterly.
Oct 16, 2026 3:00 AM — Mortgage Rates
Did mortgage rates peak this week?
Sarah Wheeler and Logan Mohtashami discuss whether mortgage rates may have peaked after the 10-year Treasury yield declined from recent highs.
Oct 16, 2026 2:00 AM — Mortgage Rates
A hidden risk appears to be building up in the markets. No one knows exactly what it means
CNN
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Oct 16, 2026 1:20 AM — Mortgage Rates
Buffett's Berkshire Is Going Long on Homebuilders. Here's Why I'm Moving in the Opposite Direction
Berkshire Hathaway has expanded into homebuilding through acquisitions and investments in major builders, taking a long-term view of U.S. housing demand. The sector remains under pressure from mortgage rates above 7%, high home prices and construction costs, labor shortages, and tariffs. These conditions have restrained sales and forced builders to cut prices, while inflation concerns and anticipa... more
Oct 16, 2026 1:15 AM — Mortgage Rates
Bad News for Trump. The US Is In Its Worst Bond Crisis Since Alexander Hamilton Was Leading the Treasury
Rising inflation and Federal Reserve rate hikes have pushed Treasury yields sharply higher, driving a historically prolonged bond-market downturn and steep losses for long-duration Treasury funds. The selloff also increases federal borrowing costs and puts upward pressure on mortgage and corporate rates. The article advises investors to understand their bond funds’ maturity exposure, noting that l... more
Oct 16, 2026 12:15 AM — Mortgage Rates
Felix Nikolas Prehn on mortgage rates and the 10-year Treasury yield
Mortgage rates are closely tied to the 10-year Treasury yield because mortgage-backed securities compete with Treasuries for investors, with mortgage rates adding a spread for risk and lending costs. As the 10-year yield rose from 4.95% to 5.22% between September and October 2026, average 30-year mortgage rates climbed from 6.95% to 7.40%. That is far above the 2.99% average in October 2021, affec... more
Oct 15, 2026 11:21 PM — Mortgage Rates
Mortgage Rates Hold Steady at 7.40%
Freddie Mac reported that the average 30-year fixed mortgage rate was 7.40% for the week ending October 15, 2026, unchanged from the previous week. The survey tracks conventional home-purchase loans for borrowers with excellent credit and 20% down.
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell 7 basis points to 7.34%, ending a seven-week run of increases. However, Fannie Mae sharply raised its outlook, forecasting rates around 7.4% in late 2026 and 7.5% in 2027, partly amid persistent inflation and uncertainty about Federal Reserve policy. Higher rates could substantially increase monthly payments, though buyers may face less competition in t... more
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell 7 basis points to 7.34% APR in the week ending October 15, ending a seven-week streak of increases.
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell seven basis points to 7.34%, ending a seven-week rise. However, Fannie Mae sharply raised its forecasts, expecting rates to average 7.4% in late 2026 and reach 7.5% in 2027, partly amid persistent inflation and uncertainty about Federal Reserve policy. Higher rates could increase monthly payments, though buyers may face less competition in the slower se... more
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell 7 basis points to 7.34%, ending a seven-week run of increases. However, Fannie Mae sharply raised its forecast, expecting rates to average 7.4% in late 2026 and reach 7.5% in 2027, partly amid persistent inflation and uncertainty about Federal Reserve policy. Higher rates could significantly increase monthly payments, though buyers may find less competi... more
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell to 7.34% for the week ending Oct. 15, ending a seven-week run of increases. However, Fannie Mae raised its forecast, expecting rates to average 7.4% in late 2026 and reach 7.5% in 2027, as persistent inflation and possible Federal Reserve rate hikes put pressure on borrowing costs. Higher rates could substantially increase monthly payments, though buyer... more
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell by 7 basis points to 7.34% APR for the week ending October 15, ending a seven-week run of increases.
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
The average 30-year fixed mortgage rate fell 7 basis points to 7.34%, ending a seven-week run of increases. However, Fannie Mae raised its forecast, expecting rates to average 7.4% in late 2026 and 7.5% in 2027, which could significantly increase monthly payments. Inflation and expectations about Federal Reserve policy are contributing to rate uncertainty. Buyers may find less competition in the s... more
Oct 15, 2026 4:11 PM — Mortgage Rates
Weekly Mortgage Rates Fall, But Fannie Mae Forecasts Higher Rates Ahead
Mortgage rates fell to 7.34% this week, ending a seven-week streak of increases. However, Fannie Mae now forecasts rates averaging 7.4% in late 2026 and 7.5% in early 2027, higher than its previous projections, amid persistent inflation and uncertainty about Federal Reserve policy. Higher rates could increase monthly payments, though seasonal weakness in homebuying may give buyers more negotiating... more
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