Mortgage rates tick up again
Mortgage rates keep climbing. The average 30-year, fixed-rate loan last week was 2.81 percent, compared to 2.73 percent the previous week. That’s the highest since November and 16 basis points above the record low...
Mortgage Rates
The Latest
Average size of home mortgage nears $400K
Applications for home loans fell last week as rates ticked up and the average loan size neared the $400,000 threshold. An index that tracks mortgage applications to buy homes dropped 4 percent, seasonally adjusted,...
Homebuying up again, but rising mortgage rates depress refinancing
Homebuyers are still going strong. An index that tracks mortgage applications to buy homes increased 3 percent, seasonally adjusted,...
Issue
The mirage of low interest rates
Record-low interest rates have created an unprecedented opportunity for homebuyers. That’s the party line in the residential industry. But that’s not how things are playing out on the ground. Many buyers have little chance...
Mortgage requests surge ahead of Thanksgiving
As the holiday season kicked off, buyers and homeowners got hungry for home financing. An index tracking the number...
Insights
Homes sold faster in September than in any month this year
Fall is usually a cool-down period for the U.S. housing market. Not this year. Homes sold nearly twice as...
Mortgage-backed securities boom breaks monthly record
Thanks to low mortgage rates and a surge in home-loan refinancing, the number of mortgage-backed securities has skyrocketed. The...
Archive Insights
TRD Insights: Homebuyers in Black communities charged higher mortgage rates, report finds
This story was originally published in July 2020. New home mortgage borrowers in majority-Black communities are charged higher interest...
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...
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...
« Previous
Next »