News
Refinance Rate Holds at 6. 58% as 30 Year Mortgage Rate
14+ hour, 50+ min ago (454+ words) The 30 year mortgage rate for a refinance averaged 6. 58% on June 15, 2026, keeping the most watched home-loan term just under the 7% line. That rate came after mortgage costs had climbed back up in March 2026, when energy shocks and economic uncertainty pushed borrowing…...
Robert Trent Says Mortgage Broker Boom Follows 50% Bank Retreat
16+ hour, 31+ min ago (439+ words) Robert Trent says the mortgage broker business is gaining ground as banks retreat from construction lending, leaving builders with fewer bank facilities and tighter terms. Single-family residential construction and land development loans are now more than 50% below their 2008 peak, and…...
Mortgage News Daily: Trump Deal Sends Mortgage Rates to 6. 58%
1+ day, 2+ hour ago (412+ words) Mortgage news daily put 30-year rates at 6. 58% on Sunday night, with the 10-year Treasury yield at 4. 43% after President Trump said a deal had been agreed to with Iran and that "it should be signed on Friday." The move gave mortgage…...
Rightmove Sees 0. 6% June Drop in Uk Property Market Decline
1+ day, 10+ hour ago (566+ words) Uk property market decline accelerated in June as average UK home prices fell 0. 6%, the biggest monthly drop in 14 years. Rightmove said the average asking price dropped "2, 113 to "376, 191, leaving sellers facing more resistance just as homes for sale stayed at historically…...
Jared Bernstein says debt raises rates as National Debt Impact Household Costs climb
4+ day, 16+ hour ago (366+ words) Bassyonni 12 Jun 2026 Jared Bernstein says the national debt impact household costs are already visible in higher borrowing bills, as congressional-spending decisions since 2015 have raised Treasury yields by almost a full percentage point. The Budget Lab estimate links that shift to…...
11 Lenders Cut Rates as Australia Banks Cut Mortgage Rates
6+ day, 2+ hour ago (358+ words) Australia banks cut mortgage rates for new customers even as the Reserve Bank of Australia is expected to hold the cash rate next week. Since the RBA last hiked in May, 11 lenders have cut at least one variable home loan…...
FCA Proposes Cash Mortgage Rule Changes for 2026 Buyers
6+ day, 23+ hour ago (281+ words) The Financial Conduct Authority has proposed cash mortgage rule changes to widen access for borrowers who have struggled to get a mortgage. The plans would let lenders look more closely at individual circumstances, which could help first-time buyers, older borrowers…...
5. 8% April Sellers Pulling Homes Off Market Hits 2020 High
1+ week, 6+ day ago (344+ words) Sellers pulling homes off market rose to 5. 8% of U. S. listings in April, matching December for the highest share since March 2020. That pullback is concentrated in a few metros, with Atlanta leading at 10. 7%. 5. 8% of listings were pulled in April, according to Redfin…...
Mortgage Loan Interest Rate climbs to 6. 53% in 9 months
2+ week, 1+ day ago (363+ words) The mortgage loan interest rate rose again this week, with the average 30-year fixed rate climbing to 6. 53% from 6. 51% last week. That is the highest level in nine months, and it keeps monthly borrowing costs elevated for buyers and owners looking…...
30 Year Mortgage Rate Falls to 6. 33% as 5/1 ARM Jumps
2+ week, 2+ day ago (323+ words) The 30 year mortgage rate fell 3 basis points to 6. 33% on Sunday, May 31, 2026, while the 5/1 ARM rose 24 basis points to 6. 45%. That left the most popular loan type slightly cheaper for buyers and refinance shoppers using Zillow lender marketplace averages, with figures rounded…...