Browsing: mortgage
I recently came across some apparent quotes from Treasury Secretary Scott Bessent regarding mortgage rates.One social media post on X claimed he said we were going…
The average rate on the 30-year fixed-rate mortgage grew two basis points to 6.35% in the week ending Sept. 25, according to rates provided to SS…
Lately, the battle for supremacy in the mortgage/real estate world has heated up tremendously.First, we saw Rocket acquire real estate brokerage Redfin, and most importantly, their…
There’s more good news for mortgage rates if you believe Fannie Mae’s latest monthly forecast.In the company’s September 2025 Economic and Housing Outlook, they adjusted their…
One oddity in the mortgage world these days is that the nation’s top lender, United Wholesale Mortgage, as the name implies, is a wholesale lender.This means…
The Federal Reserve announced a long-awaited rate cut on Wednesday.The move could bring some consumer rates down, which may be good news for borrowers hoping to…
A while back, I declared that we were in a falling mortgage rate environment.Perhaps I said it too early, but the general thought was mortgage rates…
Mortgage interest rates bounced back up a little today, but don’t fret. This type of rebound is normal following a Fed announcement, as markets digest all…
As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…
Mortgage interest rates saw a tiny bump today, but these are still some of the best mortgage rates we’ve seen in the last 12 months.The average…
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