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Trump, Fannie Mae and Policy
Trump, Fannie Mae and Policy in Mortgage Rates: the news, the names and what changed.
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Mortgage Rates Today: Higher Treasury Yields Keep 30-Year Loans Expensive
1+ week, 23+ hour ago (406+ words) Mortgage rates stay elevated as the 30-year fixed rate reaches 7.03% and Treasury yields remain above 5%, keeping pressure on U.S. homebuyers. Freddie Mac’s latest Primary Mortgage Market Survey showed the 30-year rate rising from 6.95% a week earlier, while the 15-year fixed rate…...
Mortgage Rates Hit 7.49%, Highest in Nearly 3 Years as Housing Demand Falls
2+ hour, 40+ min ago (368+ words) U.S. 30-year mortgage rates jumped to 7.49%, the highest since November 2023, as rising Treasury yields push buyers and refinancers aside. The average U.S. 30-year fixed mortgage rate has jumped to 7.49%, its highest level since November 2023, adding another affordability shock for prospective homebuyers. The…...
Mortgage rates surge to 7.49%, squeezing US housing affordability
2+ hour, 28+ min ago (55+ words) Fox News Mortgage rates surge to 7.49%, squeezing US housing affordability Mortgage rates surge as the 30-year fixed rate hit 7.49% after seven straight weeks of gains. Piper Sandler managing director Jake Ubina analyzes how rising Treasury yields and rate volatility are…...
UWM drops minimum credit score overlay for agency loans
6+ hour, 41+ min ago (328+ words) UWM eliminated minimum credit score requirements for agency loans effective immediately. Borrower eligibility will be based on AUS decisions, while credit scores remain part of pricing and LLPAs. AI Summary United Wholesale Mortgage (UWM) is removing its minimum credit score…...
Activity recovers across both purchase and remortgage in Q3: conveybuddy
8+ hour, 35+ min ago (297+ words) The figures represent a shift from the previous quarter, when remortgage activity had returned to more normal levels following the significant spike seen in March. The latest figures show remortgage instructions increased by 19% during Q3 compared to Q2, while sale and purchase…...
Freddie Mac update expands homeownership opportunities
2+ hour, 28+ min ago (129+ words) Nevada Realtors is applauding a change in financing requirements that could expand homeownership opportunities and strengthen the market for manufactured housing in Nevada and across the country. Freddie Mac has updated its requirements to permit eligible mortgages secured by manufactured…...
Mortgage Rates Are Rising: What Homeowners Should Do Now
4+ hour, 6+ min ago (1541+ words) Mortgage rates have climbed above 7%, cooling demand. Here's what homeowners considering refinancing, downsizing or a new mortgage should know. Mortgage rates are an important factor when it comes to affordability in the housing market. And unfortunately, rates just went up…...
US Affordability Crisis Deepens: 30-Year Mortgage Rate Nears Three-Year High At 7.49%
4+ hour, 32+ min ago (237+ words) NDTV Profit US mortgage rates climbed for a seventh straight week to their highest level in nearly three years, compounding the nation's affordability problem.The contract rate on a 30-year fixed mortgage rose 19 basis points to 7.49% in the week ended…...
TABLE-Mortgage Bankers' Assn. Weekly Applications Survey
5+ hour, 21+ min ago (13+ words) TradingView TABLE-Mortgage Bankers' Assn. Weekly Applications Survey...
US 30-Year Mortgage Rates Hit 7.49%
5+ hour, 10+ min ago (142+ words) TradingView US 30-Year Mortgage Rates Hit 7.49% The average 30-year fixed mortgage rate jumped another 19 basis points to 7.49% in the week ended October 2, following an 18-basis-point increase the previous week and reaching its highest level since late November 2023, according to the…...