If you’ve been looking for a home lately, you’ve probably felt how tough affordability still is. And that’s exactly why more buyers are opting for adjustable-rate mortgages, or ARMs. Here’s what you need to understand about how they work, and whether they make sense for you. What Is an Adjustable-Rate Mortgage? Since a lot of […]
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know. Read More »
Improved affordability and increased inventory helped the spring homebuying season get off to a strong start, but the recent rise in mortgage rates has pushed some buyers out of the market, according to ICE Mortgage Technology’s latest mortgage monitor report. Processing Content “Mortgage rates bottomed near 5.95% early this year, pushing affordability to its best
Spring’s hot housing market just ran into a problem Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now Since the US-Israeli war with Iran erupted, yields on the ten-year Treasury note have risen almost half a point, pulling residential mortgage coupons up a similar amount for 30-year fixed rate loans. Markets
What President Trump can do about mortgage rates Read More »
War-time economics have, of course, sent gas prices skyrocketing, but have also pushed mortgage rates higher over the last five weeks, from a low of 5.99% to a high of 6.64%. Rates have fallen a bit recently, but higher rates have slowed some of the housing data down. In the past, mortgage rates above 7%
How is the housing market weathering war-time economics? Read More »
Mortgage rates have increased for five consecutive weeks, sidelining potential buyers in the middle of the spring homebuying season. Processing Content The 30-year fixed-rate mortgage hit 6.46% this week, an eight-basis-point jump from last week’s 6.38% and the highest mark since early September, according to the Freddie Mac Primary Mortgage Market Survey. The 30-year rate
Mortgage rates hit a 7-month high, as buyers retreat Read More »
US mortgage rates climbed for a fourth straight week, rising to the highest since August and denting refinancing and home purchase activity. Processing Content The contract rate on a 30-year mortgage increased 14 basis points to 6.57% in the week ended March 27, according to Mortgage Bankers Association data released Wednesday. In the last four
Mortgage rates march to seven-month high of 6.57% Read More »
Iranian Red Crescent workers gather near an apartment hit by an airstrike in Tehran on March 30.Majid Saeedi/Photographer: Majid Saeedi/Getty Treasury Secretary Scott Bessent’s benchmark financial asset — 10-year US Treasuries — are poised to mark their biggest monthly tumble since Donald Trump returned to the White House, casting a shadow over the economic outlook
Iran war threatens Trump dream of lower interest rates Read More »
While housing affordability has improved year-over year in all of the 50 markets tracked by First American, the sizes of the gains have varied across that universe. Plus, on a comparative basis, home prices remain higher than prior to the pandemic. Processing Content A recent analysis from the company quantifies these differences. Consumers’ house-buying power
Some markets thawing in time for spring homebuying season Read More »
Home-price growth continued to slow to start 2026, two new industry reports found, diminishing the real value of homes as inflation rises. Processing Content Home prices rose 0.9% year-over-year and 0.1% month-over-month in January, according to the S&P Cotality Case-Shiller national home price index. Both points were down from December, when prices increased 1.1% annually
Real home value falls as price growth cools, inflation rises Read More »
Bullish gap openings have sent yields back into Thursday’s ranges, the 5-year even back into the gap it left Thursday morning. Treasuries closed mixed on Friday as the yield curve, which has been in a flattening cycle all year, steepened a bit just as it’s doing this morning. Processing Content The flattening trade accelerated the
Treasury curve steepens after weeks of flattening Read More »