Demand for mortgages cools as rates rebound from 2025 low

Mortgage rates hit a new 2025 low of 6.12 percent on Oct. 28, but have been on the rise after Fed Chair Jerome Powell said there’s no guarantee the Fed will cut rates for a third time in December. Continue reading

There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regluator

FHFA acting Inspector General John “Joe” Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering. Continue reading

Embattled Fed Governor Lisa Cook says tariffs fueling inflation

In her first public speech since President Trump’s attempt to remove her, the economist said she expects a “one-time increase” in prices, with inflation trending back down toward the 2 percent target once “the effects are behind us.” Continue reading

Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so

The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession could end. Continue reading

Mortgage rates spike as Powell warns December rate cut is iffy

After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation. Continue reading

Lower mortgage rates spur homebuyers, but mostly refis

Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12 percent, nearly a full percentage point lower than January. Rates now have less room to come down. Continue reading

These are the 5 people who might replace Jerome Powell as Fed chair

Trump loyalist Kevin Hassett is seen as the most likely pick to lead the Federal Reserve Board next year. Critics say doubts about the central bank’s independence could put upward pressure on rates. Continue reading

Mortgage rates just hit a new 2025 low. They might be stuck there.

MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for three years of steady growth in home sales ahead. Continue reading

All signs point to ‘Goldilocks’ conditions for year-end home sales

In this exclusive series on Inman, Windermere’s Principal Economist Jeff Tucker looks at the “favorable” housing situation reflected in the latest jobs, housing and mortgage rate numbers. Continue reading

Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’

Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability. Continue reading