Recent Articles
Lock-in Effect: Something big just happened in the U.S. Housing Market
For the past few years, one phrase has dominated housing market conversations: the mortgage rate lock-in effect. Millions of homeowners…
Holiday Week Catch-Up: Mortgage Rates Hover Near 2-Month Lows
If the mortgage market felt unusually quiet over the holiday stretch, that’s because it was. The final weeks of December…
Inflation Cools in November — What It Means for Mortgage Rates
New inflation data shows that price growth cooled in November after reaching its highest level of the year in September.…
Fed Cuts Again, But Dot Plot Steers Mortgage Rate Outlook
Today was a big day for financial markets and mortgage rates. The Federal Reserve held its final meeting of the…
This Week in Mortgage Rates: Buyers Are Back as Rates Hover in the Low 6s
It’s been a busy week in the mortgage world. Rates moved up, down, and back again—but never broke out of…
Stronger Data Last Week Caused a Slight Rate Bump
As we head into the first week of December, mortgage rates are starting out just a bit higher than they…
What Today’s Jobs Report Means for Mortgage Rates
Today’s mortgage rate movement came down to one thing: the long-awaited jobs report. And while the numbers were mixed, the…
50-Year Mortgages? Here’s What You Need to Know
A New Idea: 50-Year Mortgages According to a recent Forbes report, the Trump administration says it’s exploring the possibility of…
Fannie Mae’s Big Update: You May Qualify Even With a Credit Score Below 620
What’s Changing Fannie Mae — one of the two major agencies that back conventional mortgages — just made a major…