Lower mortgage rates spur homebuyers, but mostly refis
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12%, nearly a full percentage point lower than January. Rates now have less room to come down
by Matt Carter Oct 29
More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
Economists with the mortgage giant shared a glimmer of good news for real estate professionals in a pair of new forecasts
by Taylor Anderson Oct 24
Mortgage rates just hit a new 2025 low. They might be stuck there.
MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
by Matt Carter Oct 22
2025 a banner year for mortgage deregulation and legislation
'We don’t just have a seat at the table,' Mortgage Bankers Association CEO Bob Broeksmit told members in Las Vegas. 'We’re near the head of the table — and we’re speaking loud and clear'
by Matt Carter Oct 20
Rocket Mortgage rolls out bullish $822,550 conforming loan limit
The 2.4% increase ahead of an official announcement in November surpasses more cautious 1.5% increases adopted last month by UWM, Pennymac, CrossCountry and Rate
by Matt Carter Oct 17
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
Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
Once Fannie Mae and Freddie Mac are ready to start accepting VantageScore 4.0, the algorithm will go head-to-head with the less inclusive FICO Classic score for conforming loans
by Matt Carter Oct 10
Shutdown slowing FHA, VA approvals; USDA loans are on hold
The FHA's Office of Single Family Housing and some of its mortgage insurance programs are 'operational but with limited services,' HUD said in bulletin to lenders
by Matt Carter Oct 8
Trump's Fannie, Freddie public offering might not have much impact on mortgage rates
If the US maintains tight control over the mortgage giants with 'implicit guarantee' of their obligations, rates might rise by 1/5 of a percentage point, Stanford researchers say
by Matt Carter Oct 3
Credit bureaus slam plan to cut them out of FICO score pricing
Lending industry groups and FHFA director Bill Pulte welcomed Fair Isaac's new direct license pricing as a useful first step, but said more reforms and competition are needed
by Matt Carter Oct 2
Government shutdown could bring mortgage rates down
Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown
by Matt Carter Oct 1
Democrats seek transparency into Fannie, Freddie 'reprivatization'
The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a 'North Star' in their plans, but Dems complain they've been shut out
by Matt Carter Sep 26
How a government shutdown would affect real estate agents
The National Flood Insurance Program is set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions
by Matt Carter Sep 25
Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
In predicting that mortgage rates will drop below 6% next year, economists at Fannie Mae are more optimistic about growth and less worried about inflation than their MBA counterparts
by Matt Carter Sep 23
Lenders getting a jump on higher 2026 conforming loan limits
UWM and Pennymac are pricing jumbo loans of up to $819K as if they were conforming, ahead of an official announcement by Fannie and Freddie's federal regulator in November
by Matt Carter Sep 19