Today’s mortgage rates Average mortgage rates soared yesterday. Indeed, they rose so fast that they ruined what was promising to be a great week. And Thursday evening’s promise of significant falls over the last seven days turned into an appreciable rise. There’s a reasonable chance of mortgage rates falling next week. I’m basing that mostly

Our experts answer readers’ home-buying questions and write unbiased product reviews (here’s how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own. Mortgage rates are starting the month off nice and low, but borrowers shouldn’t be surprised if we see rates tick back up in

The 30-year fixed-rate mortgage falling below 6% is a “key threshold” for the housing market, one economist says. – Getty Images/iStockphoto Rates are falling , but when will the rate on the 30-year mortgage dip below 6%? Most economists expect that threshold to be crossed in 2025 — with one notable exception. Most Read from

Barratt Developments will update investors on its half-year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet. Barratt Developments will update investors on its half-year trading performance this Wednesday, with hopes that cooling mortgage rates will boost its balance sheet. Shares at the FTSE 100 developer are trading higher

Phil Rasori Mortgage lock volume increased 13.96% in December compared with November, according to Mortgage Capital Trading (MCT). It was the first time since June 2023 that MCT observed a month-over-month increase in total volume, purchase volume, rate/term refinances, and cash-out refinances. These figures come as the Federal Reserve has

The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the branch offices where they conduct FHA Title I or Title II mortgage loan originations. By removing these requirements, FHA hopes to involve more community-based entities in its Title I

Key takeaways A mortgage loan originator (MLO) is employed by a lender to help borrowers move through the mortgage application process. Mortgage loan originators do not make the decision about whether to approve your loan — they act more as an administrator, pushing paperwork through and explaining the loan’s terms. Mortgage loan originators must be

Mark your calendars for the ultimate real estate experiences with Inman’s upcoming events! Dive into the future at Connect Miami, immerse in luxury at Luxury Connect, and converge with industry leaders at Inman Connect Las Vegas. Discover more and join the industry’s best at inman.com/events. Mortgage rates were headed up again Friday after the release

Today’s mortgage rates Average mortgage rates tumbled appreciably for a second day yesterday. Mortgage News Daily (MND) says they start this morning at eight-month lows although they’re very close to a couple of good days in December. First thing, it was looking as if mortgage rates today might rise, perhaps sharply. While, as always, that

West Virginia, Mississippi, Arkansas, Louisiana and New Mexico. What do these five states have in common? If you said they have the lowest income per capita in the U.S., you would be partially correct. Four of the five are in that category. So it might be somewhat surprising that a new study from ConsumerAffairs found