Housing Wire

JANUARY 17, 2025

Todays housing starts data exceeded estimates; however, a closer examination of the report with the builder confidence reveals that the recent rise in mortgage rates , approaching 7.25%, has negatively affected builder sentiment. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5%

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Housing Wire

JANUARY 16, 2025

The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. However, we know that this is unlikely to happen.

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Housing Wire

APRIL 9, 2025

Mortgage applications jumped 20.0% from the prior week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications Survey for the week ending April 4, 2025. The refinance index increased 35% from the previous week as mortgage rates took a dip. of total applications from 38.6% from 15.8%

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Housing Wire

APRIL 14, 2025

Over the weekend, fears rose that the 10-year yield would climb to 5%, leading to 8% mortgage rates. Remarkably, mortgage rates have dipped below 7% once more. Remarkably, mortgage rates have dipped below 7% once more. As of today, mortgage rates have declined. However, Monday morning arrived with a sense of calm.

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Housing Wire

MAY 10, 2025

If someone had told me that home sales would remain firm this year despite mortgage rates ranging from 7.25% to 6.64%, I would not have taken that bet. However, amid all the chaotic economic headlines of 2025 so far, the demand for mortgages is holding steady, even with the higher rates. That would mean nearly 6% mortgage rates.

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Housing Wire

MARCH 12, 2025

Mortgage applications increased 11.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 7, 2025. The refinance share of mortgage activity increased to 45.6% of total applications from 43.8% from 16.7%

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Housing Wire

DECEMBER 19, 2024

Its late December so all the 2025 mortgage rate forecasts have been published. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed rate mortgage. Unfortunately, all of them are already wrong.

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Housing Wire

MARCH 5, 2025

Mortgage applications increased 20.4% from one week earlier on a seasonally adjusted basis as buyers pounced on lower rates , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending Feb. ” The refinance share of mortgage activity increased to 43.8%

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Housing Wire

APRIL 3, 2025

Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news. Mortgage rates have reached their low point of the year. With just one day remaining, I will be recording the latest episode of the HousingWire Daily podcast to share my insights on tariffs and mortgage rates.

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Housing Wire

NOVEMBER 30, 2024

Despite initial concerns that tariffs would push mortgage rates up to 8% and reduce housing demand, this week has brought some encouraging news. The 10-year yield has remained stable at a crucial technical level and even reversed direction, resulting in improved mortgage rates. This is what happened in the last two years.

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Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. had these cheap mortgages. People with expensive mortgages are more likely to sell their house.

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Housing Wire

FEBRUARY 8, 2025

Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs , and the leadership of the Treasury , mortgage rates remained calm. Better mortgage spreads are limiting how high rates can rise in 2025. Mortgage spreads refer to the difference between the 10-year yield and the 30-year mortgage rate.

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Housing Wire

NOVEMBER 21, 2024

The difference is mortgage rates: even with inventory growing at a healthy clip this year, mortgage rates just heading down toward 6% for a brief period of time resulted in higher prices in a seasonally soft period. However, that didn’t happen. from September to a seasonally adjusted annual rate of 3.96 million in October.

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Housing Wire

MARCH 4, 2025

The pace of home sales remains near a 30-year low point as home prices and mortgage rates keep potential borrowers in wait-and-see mode. But mortgage rates have posted an unusually large decline in the past week. Mortgage pricing should be down a tad today, he said. This would be a clear headwind to any further rate cuts.

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Housing Wire

MAY 29, 2025

The answer lies in a remote corner of the mortgage industry: subservicing. This business which involves handling mortgage payments, borrower communication and escrow administration on behalf of lenders has undergone consolidation. Meanwhile, MSR player Bayview Asset Managemen t is in M&A talks with Guild Mortgage.

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Housing Wire

MAY 2, 2025

The reverse mortgage industrys premier trade association held its first event of 2025 this past week. Jim Cory To solve this, the industry will require more people talking about and originating reverse mortgages in a concerted effort to overcome the incredibly low penetration rate, he explained. We just think its an amazing product.

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Housing Wire

JANUARY 2, 2025

Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Mortgage demand declined 21.9% Mortgage demand had been on the upswing for much of November and December. from two weeks earlier during the week ending Dec.

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Housing Wire

MAY 12, 2025

What will happen to mortgage rates now that China and the U.S. This raises the question: Is the de-escalation of the trade war good for mortgage rates ? The trade deals are just one factor, but I see three possible scenarios for mortgage rates in this environment. Mortgage rates have stayed between 7.25% and 6.55%.

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Housing Wire

APRIL 8, 2025

The past few days have been highly turbulent for the stock and bond markets, resulting in dramatic shifts in mortgage rate pricing. I’ve been concerned over the past few days, emphasizing that without the recent tariff news , we likely wouldnt have seen mortgage rates drop to a year-to-date low last week.

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Housing Wire

OCTOBER 18, 2024

One Florida mortgage broker said the Provident exit gave him “a feeling that we will see other major lenders exiting the condominium market in Florida. Some owners of older condo units have had to list at prices far below what they bought the units for because special assessments are so high (and are difficult to finance).

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Housing Wire

FEBRUARY 27, 2025

Homebuyers faced worsening affordability conditions in January as the median monthly mortgage payment for purchase applicants increased to $2,205, a 3.7% jump from Decembers $2,127, according to the Mortgage Bankers Association (MBA). in December, signaling that mortgage payments have risen at a faster pace than rental costs.

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Housing Wire

MAY 18, 2025

credit by one notch on Friday from Aaa to Aa1 raising concerns about mortgage rates. Nevertheless, we need to consider the implications of this downgrad on mortgage rates and the housing market. Any adverse reaction from this event may lead mortgage rates toward 7.25% or higher, which would be the year-to-date high in 2025.

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Housing Wire

OCTOBER 30, 2024

Lower mortgage rates in September had a measurable impact on home sales. Pending home sales data is the latest sign that falling mortgage rates in August and September boosted home sales. According to data released Wednesday by the National Association of Realtors (NAR), pending home sales in September jumped 7.4% year over year.

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Housing Wire

APRIL 22, 2025

Today’s mortgage lending environment is shifting rapidly. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals.

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Housing Wire

FEBRUARY 21, 2025

Mortgage rates decreased again today on weak economic data, following last Friday’s similar drop in the 10-year yield. Furthermore, the mortgage spreads in today’s pricing are favorable. According to the latest quote from Mortgage News Daily , mortgage rates are now around 6.89%.

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Housing Wire

OCTOBER 17, 2024

economy appears to be on firmer footing than previously thought, mortgage rates are forecast to end 2024 at 6% and home-price growth is also on the move. “This represents upside risk to the ESR Group’s latest mortgage rate forecast, which now sees the 30-year mortgage rate ending the year at 6.0%, down from last month’s 6.2%

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Housing Wire

APRIL 2, 2025

Since we believe in the close relationship between the 10-year yield and mortgage rates , we expect mortgage rates to decrease tomorrow if bond yields continue to decline. Well, lower mortgage rates in 2025 have created the first positive spring run in demand in purchase apps in years. Housing data!

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Housing Wire

MAY 14, 2025

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. The refinance share of mortgage activity decreased to 36.4% The adjustable-rate mortgage (ARM) share of activity decreased to 7.4%

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Housing Wire

NOVEMBER 1, 2024

You would think this would cause the 10-year yield and mortgage rates to go lower. I hope that clears up some of the confusion on why bond yields and mortgage rates aren’t going lower today. Today’s jobs report showed the lowest job-growth data for the year at 12,000.

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Housing Wire

JUNE 14, 2025

Right now we have elevated mortgage rates , trade war uncertainty , rising property taxes and home insurance, terrible consumer confidence data and a downgrade of the government’s debt, among other factors. Typically, mortgage rates around 6% are necessary for significant growth in the housing market.

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Housing Wire

MAY 21, 2025

Mortgage applications decreased 5.1% from a week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 16, 2025. The refinance share of mortgage activity increased to 36.6% The adjustable-rate mortgage (ARM) share of activity decreased to 7.1%

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Housing Wire

OCTOBER 29, 2024

Economists pointed to lower mortgage rates as the reason for slower growth. Despite the Federal Reserve’s half-point interest rate cut in September, rates for 30-year conforming loans have climbed back up to 6.7%, according to HousingWire ’s Mortgage Rates Center. gain year over year, less than the 4.8% gain from July.

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Housing Wire

FEBRUARY 23, 2025

If this happens, will we see lower mortgage rates this spring? However, last week saw a decline in mortgage rates due to softer economic data, which led to an influx of money into the bond market as stocks sold off on Friday. If we were experiencing the worst mortgage spreads of 2023, mortgage rates would be 0.77% higher today.

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Housing Wire

MARCH 8, 2025

Mortgage rates are declining, and recent purchase application data shows a promising 9% week-to-week increase and a 2% rise compared to the previous year. I’ve noticed that housing data tends to improve when mortgage rates drop from 6.64% to 6%, especially when I adjust for seasonal demand.

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Housing Wire

APRIL 30, 2025

Mortgage applications decreased 4.2% decrease, but still a sign that mortgage rates and economic volatility are keeping buyers at bay. That’s according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending April 25, 2025. of total applications. from 13.4%

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Housing Wire

JUNE 3, 2025

While reverse mortgages in the U.S. But as the world keeps spinning, reverse mortgage players in other countries are making moves. in Canada , the second-largest reverse mortgage provider Toronto-based Equitable Bank is seeing notable growth, according to a recent earnings report. based lenders have taken notice.

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Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. ” Despite forecasts that predict mortgage rates above 6% in 2025, agents hope for a shift in the market.

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