Homebuyers came out in force last week, and rates are trending down

Applications for purchase mortgages hit a seasonally adjusted 2025 high last week, with FHA, VA, and USDA applications for less pricey homes driving the surge. Continue reading

Mortgage rates drop sharply as Powell shifts stance on rate cuts

Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the U.S. economy than inflation. Continue reading

As rates rose, demand for mortgages dwindled every month in Q2

Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data released Monday by Black Knight. Continue reading

Would-be homebuyers rushed to lock in mortgage rates in March

Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Continue reading