Don't expect mortgage rate relief anytime soon: Fannie Mae
The GSE's latest outlook pins the 30-year fixed at 6.3% through year-end
by Nick Pipitone May 19
Inflation is surging again: What it means for the housing market
Top economists: Consumer price inflation could hit 6% by mid-year
by Nick Pipitone May 15
Why the Federal Reserve won't bend to 'THE TRUMP RULE' in 2026
The next Fed chair may be more receptive to the president's calls for rate cuts, but they'll have to convince other central bank policymakers to give up their independence
by Matt Carter Dec 24
Worries about the job market are bringing mortgage rates down
Initial unemployment claims hit highest level since September, and Federal Reserve Chair Jerome Powell warns official data could be overestimating job creation by up to 60K jobs a month
by Matt Carter Dec 11
Inflation eases, but mortgage rates don't as investor worries remain
While a Dec. 10 Federal Reserve rate cut is now seen as a lock, MBS investors who fund most home loans aren't as bullish that the central bank will cut rates aggressively in 2026
by Matt Carter Dec 5
Homebuyers made time for mortgages around Thanksgiving
Demand for purchase loans hit a new 2025 high last week after adjusting for the holiday, with mortgage rates near a low for the year and a Dec. 10 Fed rate cut on tap
by Matt Carter Dec 3
Rising unemployment revives prospects for December rate cut
Fannie Mae forecasters are predicting mortgage rates will fall below 6 percent by the end of next year. Economists at the Mortgage Bankers Association don't see rates coming down at all.
by Matt Carter Nov 21
Rebounding mortgage rates dampen homebuyers' appetites
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 see only a 34% chance of a Dec. 10 rate cut.
by Matt Carter Nov 19
Homebuying off to strongest November start since 2022
Rebounding mortgage rates didn't stop buyers from shopping for deals last week, with requests for purchase loans up 6% last week compared to the week before and 31% from a year ago
by Matt Carter Nov 12
Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession might come to a close
Mortgage rates spike as Powell warns December rate cut is iffy
After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation
by Matt Carter Oct 29
Mortgage rates ebb as Powell hints at end of 'quantitative tightening'
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability
by Matt Carter Oct 15
Homebuyer demand surges as mortgage rates tumble to 2025 low
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling as weak jobs reports and more encouraging inflation data point to Sept. 17 Fed rate cut
by Matt Carter Sep 10
Massive downward jobs revision not budging mortgage rates
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
by Matt Carter Sep 9
people in line for job interview
Investors who fund most home loans are no longer wondering whether the Fed will cut rates this month, but by how much. At least 3 quarter-percentage point rate cuts are now expected this year
by Matt Carter Sep 5