The Latest

(iStock)

Jumbos now cost more than traditional mortgages

Interest rates on so-called jumbo mortgages are above the historically low rates for smaller traditional mortgages for the first...

Jumbos now cost more than traditional mortgages
Mortgage rates are sub-3%. How are buyers and lenders reacting?

Mortgage rates are sub-3%. How are buyers and lenders reacting?

Uncertainty, the very thing that helped drive down the average rate on a 30-year fixed mortgage to 2.98 percent...

Mortgage rates are sub-3%. How are buyers and lenders reacting?
According to the report, purchase applications are down while refinancing is up (iStock)

Applications for mortgages to buy homes drop

Homebuyers took some time off last week as homeowners got busy. An index tracking the volume of mortgage applications...

Applications for mortgages to buy homes drop
The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2 (iStock)

Mortgage rates hit all-time low

The downward slide in mortgage rates produced a new milestone this week, according to Freddie Mac’s latest primary mortgage market survey. The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2,...

Mortgage rates hit all-time low
Mortgage rates fall to record lows, but coronavirus could prompt slowdown

Mortgage rates fall to record lows, but coronavirus could prompt slowdown

Mortgage rates have fallen to record lows, but growing fears of the coronavirus may keep homebuyers on the sidelines...

Mortgage rates fall to record lows, but coronavirus could prompt slowdown
Around 27 percent of homeowners who responded to a Bankrate study said they don’t know what the interest rate is on their home (Credit: iStock)

One quarter of Americans don’t even know their mortgage rate

Mortgage rates hit a three-year low earlier this week, so is it time to refinance? That’s a tough question...

One quarter of Americans don’t even know their mortgage rate
The drop triggered a 37 percent increase from the week before on home refinancings (Credit: Getty Images)

High and low: Home refinancing spikes as mortgage rates drop below 4%

Mortgage rates have fallen again, and homeowners are jumping aboard the refinancing train. For home loans of $484,000 or...

High and low: Home refinancing spikes as mortgage rates drop below 4%
FHFA director Mark Calabria is ready to set Fannie and Freddie free, while Wall Street worries about potential risks.

Wall Street warns against privatizing Fannie and Freddie without Congress guarantee

As the Trump administration gears up to end the decade-long conservatorship of Fannie Mae and Freddie Mac, some voices...

Wall Street warns against privatizing Fannie and Freddie without Congress guarantee
FHFA director Mark Calabria (Credit: Federal Housing Finance Agency and iStock)

Trump’s move to take Fannie and Freddie private could mean higher mortgage costs

The Trump administration’s plan to return Fannie Mae and Freddie Mac to private ownership, which the president has called...

Trump’s move to take Fannie and Freddie private could mean higher mortgage costs
(Credit: iStock)

Why lenders are loosening rules for “sandwich generation” homebuyers

More Americans are opting to live in multi-generational houses. Now, lenders are working to make it easier for such...

Why lenders are loosening rules for “sandwich generation” homebuyers
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...