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Real Estate News |
Mortgage Rates Unchanged Versus Wednesday
Fri, 28 Nov 2025 17:55:00 GMT
As is most often the case, the Friday after Thanksgiving added nothing interesting to mortgage rate momentum. The average lender's top tier 30yr fixed rate is exactly where it was on Wednesday. The underlying bond market closes early toda..[read more]
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Open But Not Really Open
Fri, 28 Nov 2025 17:53:53 GMT
Open But Not Really Open This is just a reminder that the Friday after Thanksgiving is the most useless and inconsequential trading day of the year. In very rare cases, movement can be tied to actual events..[read more]
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Coast to Coast Jobs; Hodge Podge of Economic News; Improved Pull Through = Lower Cost Per Loan
Fri, 28 Nov 2025 16:45:35 GMT
When did our business start with the catchy slogans? Stay alive in '25? Stay in the mix in '26. It'll be heaven in '27. How about, "Try to earn a little revenue every day, day after day.'? Smart mortgage bankers look at units, not dollar volumes. If ..[read more]
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Holiday Week Volatility With Zero Consequence
Wed, 26 Nov 2025 19:55:38 GMT
Holiday Week Volatility With Zero Consequence Although there was a brief negative reaction to this morning's economic data, the impact was minimal. Random holiday-week volatility accounted for bigger swings, but ..[read more]
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Mortgage Rates Slightly Higher, But Remain Near Long-Term Lows
Wed, 26 Nov 2025 19:52:00 GMT
Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average lender raised rates just a hair, but apart from yesterday, these are the lowest levels in a month and very close to the lowest le..[read more]
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Credit Union Compliance, HELOC Products; Conventional Conforming Loan Limits and Other Fannie/Freddie News
Wed, 26 Nov 2025 16:42:53 GMT
The new phone books are here, the new phone books are here! Oh, wait a minute. The new conventional conforming loan limits are here! The new conventional conforming loan limits are here! True, lenders that are entirely focused on non-Agency products ..[read more]
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Stronger Data. Weaker Start For Bonds
Wed, 26 Nov 2025 13:55:00 GMT
Bonds were just slightly weaker overnight but are losing more ground in early trading. The culprit: both of this morning's 8:30am ET economic releases. Jobless Claims data is probably the bigger deal as it continues to show no signs of la..[read more]
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Best Closing Levels in Nearly a Month
Tue, 25 Nov 2025 22:08:48 GMT
Best Closing Levels in Nearly a Month Bonds improved only moderately on Tuesday in a move that's just as easily chalked up to random holiday-week volatility as any of the day's data/events. If we're determi..[read more]
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Lowest Mortgage Rates Since 10/28 And Very Close to 3-Year Lows
Tue, 25 Nov 2025 21:04:00 GMT
Mortgage rates moved nicely lower on Tuesday with the average lender very close to the 2025 lows seen in late October. These levels are effectively right in line with the lowest since late 2022. If today's drop seems abrupt, that's because it is. In..[read more]
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Conforming Loan Limit Rises to $832,750 Amid Lowest Home Price Growth Since 2012
Tue, 25 Nov 2025 20:13:00 GMT
Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains consistent: home prices are still higher than a year ago, but the pace of appreciation continues to slow. FHFA's national index shows..[read more]
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