Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading
One economist said Wednesday that “homebuyers remain active at the start of 2026.” And another expert noted that “mortgage rates are nearly a full percentage point lower than they were a year ago.” Continue reading
Home sales should break through the 5 million mark next year as more inventory gradually comes on the market and home prices decline, economists at the Mortgage Bankers Association predict. Continue reading
With mortgage rates still hovering near 2025 lows, purchase loan applications hit their second-highest level of the year last week after adjusting for seasonal factors. Continue reading
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
After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors on Wednesday saw only a 34 percent chance of a Dec. 10 rate cut, down from 94 percent in October. Continue reading
Rebounding mortgage rates didn’t stop buyers from shopping for deals last week, with requests for purchase loans up 6 percent last week compared to the week before and 31 percent from a year ago, according to lender data tracked by the Mortgage Bankers… Continue reading
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
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
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