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Mortgage News

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Showing 4537 - 4560 of 5281 results
Jun 24, 2025 8:01 AM — Interest Rates
Top CD Rates Today: June 23, 2025 | Leading Rate Of 4.51% APY Holds Steady
A certificate of deposit (CD) is like a savings account but offers a fixed interest rate for a specific term. Currently, the top APY across CD terms is 4.51 percent for a six-month term. CD rates have trended downward, with the highest one-year CD APY decreasing from 5.66 percent to 4.45 percent. Uncertainty remains about how CD rates will change based on economic conditions.
Jun 24, 2025 8:00 AM — Mortgage Lending
Trigger lead ban nears finish line in Congress
The Homebuyers Privacy Protection Act, including a trigger leads ban, is close to becoming law after approval by the House of Representatives. The House and Senate need to resolve slight differences before sending it to President Donald Trump. The Mortgage Bankers Association CEO supports the need for guardrails in the ban, stating it aligns with regulatory goals. While transparency in mortgages h... more
Jun 24, 2025 8:00 AM — Interest Rates
Rally Continues as Powell Shows a Path to Rate Cuts
Federal Reserve Chairman Powell's remarks during congressional testimony suggest a potential for rate cuts in the near future if data on tariffs does not show up in June.
Jun 24, 2025 8:00 AM — Mortgage Rates
Homebuyers See Small Weekly Dips in Rates: Current Mortgage Rates for June 24, 2025
The article discusses how mortgage rates are slowly decreasing, but are still high, with 30-year fixed rates remaining above 6.5%. The Federal Reserve has kept interest rates steady due to inflation, trade war threats, and policy turbulence. While there is hope for lower rates if inflation cools or the labor market softens, homebuyers should not expect immediate relief. The housing market remains ... more
Jun 24, 2025 7:01 AM — Mortgage Lenders
Warren Buffett ETFs: 6 Funds That Emulate The Investing Legend's Well-Known Strategies
The article discusses how investors can build their portfolios based on Warren Buffett's philosophy of investing in companies with competitive advantages, high return on equity, and undervalued stocks. It lists six exchange-traded funds (ETFs) that follow parts of Buffett's investment strategies, with a focus on quality companies and value investing. The article also mentions a unique ETF that tar... more
Jun 24, 2025 3:00 AM — Interest Rates
High-yield savings rates today: June 23, 2025 | Best APY remains 4.30% after Fed’s latest rate decision
Federal Reserve officials have decided to keep interest rates steady at a range of 4.25-4.5 percent, which has caused high-yield savings account rates to somewhat stabilize. Several banks are offering competitive rates for high-yield savings accounts. The Fed's rate decision, along with projected rate cuts, could continue to impact interest rates on savings accounts. Savers are benefiting from rat... more
Jun 24, 2025 3:00 AM — Mortgage Rates
Mortgage and refinance interest rates today, June 24, 2025: Rates take a small dip lower
The article discusses current mortgage rates and provides information on how to strategize when purchasing a home. It compares different mortgage rates, including 15-year and 30-year fixed rates, as well as adjustable-rate mortgages (ARMs). The article also talks about the impact of the Federal Reserve's decisions on mortgage rates and advice on mortgage refinancing.
Jun 24, 2025 1:00 AM — Mortgage Rates
Refinance Rates Slide Down Again: Mortgage Refinance Rates for June 24, 2025
Mortgage refinance rates have been elevated between 6.5% and 7% in 2025 due to economic uncertainty. A modest decline in mortgage rates is expected by the end of the year, but a significant increase in refinance activity would occur if rates fell below 6%. The Federal Reserve's interest rate decisions impact borrowing costs but not directly mortgage rates, which are set in the bond market. It is r... more
Jun 23, 2025 5:00 PM — Mortgage Lenders
What Trump’s Bomb Strike on Iran Means for Mortgage Rates in the US
The article states that the request could not be processed and suggests reaching out to unblockrequest@realtor.com for further assistance.
Jun 23, 2025 2:00 PM — Mortgage Rates
Best Closing Levels in More Than a Month
Mortgage rates have decreased to the best levels since the first week of May. The improvement is attributed to the shift in Fed Funds Rate expectations after comments from Bowman, increasing anticipation for Fed Chair Powell's congressional testimony.
Jun 23, 2025 1:00 PM — Mortgage Lenders
Home Sales Stay Sluggish in May as Mortgage Rates and Uncertainty Weigh on Market
The article discusses a processing issue with a request for information on a real estate website and directs users to contact a specific email address for further assistance.
Jun 23, 2025 1:00 PM — Interest Rates
High rates, prices keep existing home sales muted
Existing home sales in May were slightly stronger than expected but still slower than last year's pace. Median existing home sales price reached a new record high of $422,800. NAR Chief Economist Lawrence Yun stated that lower mortgage rates are needed to boost sales and economic growth. Fannie Mae adjusted its forecast for existing home sales to 4.14 million and predicted 30-year mortgage rates t... more
Jun 23, 2025 12:00 PM — Interest Rates
Mortgage Rates Lowest Since May 1st
Mortgage rates ended the week at their best levels since May 1st, with a small improvement marking it official. Bond market trading levels played a significant role in these rates, with several factors impacting them such as U.S. involvement in conflicts between Israel and Iran and comments by Fed Vice Chair Bowman hinting at potential rate cuts in July.
Jun 23, 2025 12:00 PM — Mortgage Application Process
NAR says lower mortgage rates could help boost sluggish sales. When might that happen?
The article discusses the process of verifying human identity online, which may involve completing tasks to prove one is not a robot. This verification process can take a few seconds.
HELOCs and 2nds, Doc Tracking, Execution, POS, Webinars and Training; Rates Steady Despite Iran Conflict
The mortgage industry is adapting to changing market conditions, with a focus on reducing origination costs while still pursuing profitability. Despite challenges, most mortgages are currently performing well, with a decrease in delinquencies. Various companies are offering services and products to streamline processes for lenders and improve borrower experiences, such as automating document class... more
Jun 23, 2025 9:00 AM — Mortgage Finance
Short Takes: Iran and Rates / Update: Cutting Off the CFPB From Cash / Sen. Merkley Weighs In / The Direction on Home Prices?
The article discusses various aspects of mortgage lending, including industry trends, regulations, and challenges faced by mortgage lenders. It highlights the importance of adapting to changing market conditions and evolving technologies to stay competitive in the mortgage industry.
Jun 23, 2025 8:00 AM — Housing Market
Home sales just posted their slowest May in 16 years
NPR
Existing home sales in the U.S. for May decreased compared to the same month last year, with affordability being a key challenge as median home prices have risen while wages have not kept up. Inventory of homes for sale has increased by more than 20%, shifting the market to favor buyers in some areas. Home prices have continued to rise, though at a slower rate than during the pandemic. Buyers have... more
Jun 23, 2025 8:00 AM — Bond Markets
Bonds Don't Always React to War Like You'd Expect
Long-time bond watchers generally believe that war leads to increased global economic uncertainty, driving safe-haven demand for US Treasuries and helping rates. However, the recent Russia/Ukraine conflict resulted in a paradoxical spike in rates due to inflation implications. Despite anticipation of a similar risk with oil prices over the weekend, there was no significant reaction in bonds. As th... more
Jun 23, 2025 8:00 AM — Housing Market
Home sales rose slightly in May, but high mortgage rates are still hurting the market
US existing home sales increased slightly in May, showing a small sign of life in a housing market heavily impacted by high mortgage rates and economic uncertainty. Sales rose 0.8% to a seasonally adjusted annual rate of 4.03 million homes. However, compared to the previous year, sales were down 0.7%. NAR's chief economist mentioned that persistently high mortgage rates have contributed to subdued... more
Jun 23, 2025 8:00 AM — Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of previously owned U.S. homes increased slightly in May, with a seasonally adjusted annual rate of 4.03 million units. However, sales fell compared to the previous year due to affordability issues caused by high mortgage rates and rising home prices. The median sales price for homes reached an all-time high in May, and while price growth has slowed, prospective homebuyers still face challen... more
Jun 23, 2025 7:04 AM — Housing Market
May home sales barely move as high mortgage rates, prices, weigh on housing market
Existing home sales in the U.S. rose slightly in May but remained weak due to high mortgage rates and rising home prices. Affordability is a key issue for homebuyers, with prices hitting an all-time high. Despite the increase in inventory, homes are still unaffordable for many buyers due to the high mortgage rates, forcing them to save more for down payments.
Jun 23, 2025 7:00 AM — Mortgage Rates
NAR Existing-Home Sales Report Shows 0.8% Increase in May
Existing-home sales rose in May in the Northeast, Midwest, and South but decreased in the West. The rise in sales is attributed to persistently high mortgage rates, and lower rates are expected to attract more buyers and sellers. The National Association of REALTORS(R) is optimistic that reducing mortgage rates will lead to increased home sales across the country.
Jun 23, 2025 7:00 AM — Mortgage Rates
Mortgage Rates Continue Downward Dip: Mortgage Rates on June 23, 2025
Mortgage rates have slightly decreased over the last week, but home affordability remains a challenge. Factors like Fed rate cuts, labor data, inflation, trade wars, and policy turbulence contribute to economic uncertainty. The Federal Reserve is adopting a 'wait-and-see' approach, and the housing market is not looking promising for the summer. Homebuyers are advised to be patient, compare offers,... more
Jun 23, 2025 7:00 AM — Mortgage Rates
May home sales barely move as high mortgage rates, prices, weigh on housing market
Sales of existing U.S. homes increased slightly in May, but the pace was still slow due to high mortgage rates and rising prices. The national median sales price rose to an all-time high, but the rate of growth slowed. Mortgage rates have remained relatively high, impacting affordability for potential buyers. Affordability constraints are limiting home purchases, particularly for first-time buyers... more
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