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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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Showing 1273 - 1296 of 4274 results
Dec 17, 2025 8:31 AM — Mortgage Lenders
Bob Hart replaces Tim Bowler at ICE Mortgage Technology
Bob Hart is set to become president of ICE Mortgage Technology, with Tim Bowler being moved to another unit at Intercontinental Exchange. The House Financial Services Committee passed a markup of the Housing for the 21st Century Act by a significant margin. United Wholesale Mortgage's servicing portfolio is set to grow significantly through a new deal, while delinquencies are on the rise, especial... more
Dec 17, 2025 7:34 AM — Mortgage Rates
Mortgage Rates All Drop After Poor Employment Report | Today, December 17, 2025
Mortgage rates reversed their early-week growth due to gloomy economic indicators and plummeting stocks. It is suggested to still consider refinancing or tapping into home equity. The average rates for 30-year fixed, 15-year fixed, and 5/1 adjustable rate mortgages are provided, with insights on each type. Commentary from Federal Reserve policymakers and forecasts from Fannie Mae, the Mortgage Ban... more
Dec 17, 2025 7:30 AM — Mortgage Rates
Shop for deals as rates rise: Mortgage lenders with the best rates this week, Dec. 15-21, 2025
The top three mortgage lenders with the lowest rates this week are Navy Federal Credit Union, Citi Mortgage, and PenFed Credit Union, ranked by annual percentage rate (APR). Mortgage rates have slightly increased despite a short-term interest rate cut by the Federal Reserve. The importance of shopping around for mortgage rates is emphasized to potentially save up to $44,000 over the life of a 30-y... more
Dec 17, 2025 6:33 AM — Mortgage Lending
Mortgage Applications Decrease in Latest MBA Weekly Survey
The article discusses the importance of human verification to prevent fraudulent activities on websites. It emphasizes the use of simple tasks like clicking on images or typing in distorted text to verify human users.
Dec 17, 2025 6:32 AM — Mortgage Rates
Why have mortgage rates barely budged despite three Fed cuts?
Mortgage rates remained steady around 6.3% following the Federal Reserve's recent rate cut. Despite ongoing housing shortages and mixed jobs data, policymakers are considering future cuts.
Dec 17, 2025 6:30 AM — Mortgage Lending
Mortgage Applications Today: Home Loan Demand Drops 3.8% as Rates Increase
The article discusses a processing issue with a request related to real estate. It provides a reference ID for further assistance.
Dec 17, 2025 5:33 AM — Mortgage Rates
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 3.8% from the previous week, with a decrease in the Market Composite Index and the Refinance Index. Purchase application volume typically drops at the end of the year. Refinance activity has remained steady as rates hold in a narrow range. FHA share decreased, while VA and USDA shares increased. Interest rates for different types of mortgages saw various changes fro... more
Dec 17, 2025 5:32 AM — Mortgage Rates
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased by 3.8% from the previous week, with the Refinance Index decreasing by 4% and the Purchase Index decreasing by 3%. Mortgage rates slightly increased following the FOMC meeting, leading to a decline in applications. Refinance activity remained steady, with a shift towards a higher refinance share. Average contract interest rates for various types of mortgages saw flu... more
Dec 17, 2025 4:34 AM — Mortgage Security
Why Texas builders are betting on backup batteries for new homes
The article discusses the importance of verifying human identity through various methods such as CAPTCHA to prevent fraud and ensure security online.
Dec 17, 2025 4:33 AM — Mortgage Lending
ICE taps Bob Hart to lead mortgage technology division
Bob Hart has been named president of ICE Mortgage Technology division, succeeding Tim Bowler who will transition to a new role in ICE's fixed income and data services division. The leadership changes will take place on January 1, 2026. The article also mentions the rise in mortgage credit availability in November and the efforts of mortgage professionals to rebuild trust with Millennial and Gen Z ... more
Dec 17, 2025 4:32 AM — Mortgage Lenders
Freddie Mac names new CEO
Kenny M. Smith has been named the next CEO of Freddie Mac, replacing Mike Hutchins who will remain as President. Smith brings over 25 years of experience from Deloitte Consulting LLP and will focus on expanding access to homeownership and rental housing.
Dec 17, 2025 4:00 AM — Mortgage Rates
Mortgage rates move higher after the Fed rate cut, causing loan demand to drop
The Federal Reserve cut its benchmark interest rate last week, causing mortgage rates to rise and leading to a drop in demand for home loans and refinances. Mortgage application volume fell, with both purchase and refinance applications decreasing. Despite the increase in rates, applications were still significantly higher than the same time last year.
Dec 17, 2025 3:30 AM — Mortgage Rates
Mortgage and refinance interest rates today, December 17, 2025: Stability welcomed by borrowers
Mortgage rates have remained steady for several weeks, with the average 30-year fixed rate at 6.09%. Rates for 15-year fixed home loans are at 5.52%. Refinance rates are often higher than rates for purchasing a home. Different mortgage options like a 30-year fixed mortgage offer lower and predictable monthly payments, but come with higher overall interest costs. On the other hand, 15-year fixed m... more
Dec 16, 2025 7:32 PM — Mortgage Rates
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve cut the federal funds rate by 25 basis points, the third cut of the year. There are dissenting opinions within the FOMC regarding future rate cuts due to varying economic indicators. Mortgage rates have decreased since January, but have risen after previous Fed cuts. The Fed also announced an end to quantitative tightening and plans to add to their Treasury bill holdings. Despi... more
Dec 16, 2025 7:31 PM — Housing Market
Redfin: New Listings Dropped in November as Would-Be Sellers Pulled Back
New listings of U.S. homes for sale fell 1.7% year-over-year, with pending home sales also down 4.1%. Homes are taking longer to sell, with median prices up 2% due to tightening inventory. Some sellers are holding off due to slow market conditions and uncertainty about the future.
Dec 16, 2025 5:32 PM — Housing Market
Wednesday: Architecture Billings Index
The Mortgage Bankers Association will release the results for the mortgage purchase applications index. The Architecture Billings Index for November will also be released, serving as a leading indicator for commercial real estate.
Dec 16, 2025 3:32 PM — Interest Rates
Thursday: CPI, Unemployment Claims, Philly Fed Mfg
On Thursday, the initial weekly unemployment claims report was released, showing 236,000 initial claims. Additionally, the Consumer Price Index for November from the BLS was released, with a consensus of a 0.3% increase in CPI and a 0.2% increase in core CPI. Year-over-year, CPI is expected to be up 3.1% and core CPI is expected to be up 3.1%.
Dec 16, 2025 12:30 PM — Interest Rates
Unemployment Not High Enough For a Full-Fledged Rally
The article discusses how the unemployment rate increased from 4.4% to 4.6% but was tempered by a higher participation rate and stronger payroll growth. The overall rate rally was choppy and lackluster due to various economic factors, including waiting for the CPI data to be released on Thursday.
Dec 16, 2025 12:30 PM — Mortgage Rates
Here's what a $650,000 mortgage loan costs monthly after the December Fed rate cut
Mortgage rates have been decreasing since the Federal Reserve started cutting rates in September, reaching the lowest level since early 2022 in December. This has led to significant savings for borrowers, especially for larger mortgage loans like $650,000. Locking in today's lower rates could save borrowers up to $395 per month on a 30-year mortgage compared to rates in January. While waiting for ... more
Dec 16, 2025 12:30 PM — Mortgage Lenders
More Homebuyers Are Using the Mortgage Option That Set Off the 2008 Housing Crisis
High mortgage rates have led some homebuyers to turn to adjustable-rate mortgages (ARMs) with fixed introductory rates that later adjust based on market conditions, typically higher. However, better lending standards are minimizing the risks associated with these loans. ARMs are becoming more popular as borrowers seek short-term affordability in the face of high interest rates, tight housing suppl... more
Dec 16, 2025 11:31 AM — Housing Market
New-home sales post biggest annual gain since July
New-home sales in November had the largest year-over-year increase since July, even though mortgage rates remained stable. The Mortgage Bankers Association reported a drop in new-home mortgage applications but noted that the annual sales pace was the strongest in over a year.
Dec 16, 2025 11:30 AM — Mortgage Rates
Mortgage Rates Only Slightly Lower, But Volatility Risks Remain
Rates did not make a significant move in response to the release of November's jobs report, which was weaker but not weak enough to drastically impact rates. The average lender moved back down to levels seen last Thursday, and rates are currently in a consolidation pattern. Volatility remains a risk during the week, with market attention turning to Thursday's Consumer Price Index report.
Dec 16, 2025 10:31 AM — Mortgage Rates
Cost of Living Calculator - Cost of Living Comparison Index Tool
The article discusses the concept of cost of living, which includes expenses like housing, food, taxes, transportation, healthcare, and entertainment. It explains how cost-of-living calculators work to compare expenses between cities and determine the salary needed to cover basic needs. The article also touches upon discretionary spending and cost-of-living indexes. It emphasizes that factors like... more
Dec 16, 2025 9:32 AM — Mortgage Security
November New Home Purchase Mortgage Applications Increased 3.1 Percent
The article discusses the importance of verifying one's humanity through CAPTCHA tests to prevent automated bots from accessing websites. It highlights the different types of CAPTCHA tests commonly used and their effectiveness in distinguishing between humans and bots.
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