This is the news many of us have been waiting for: the average 30-year fixed-rate mortgage has dropped by a significant 67 basis points, bringing it down to 6.18%. This welcome dip... Read more »
MBA economists Mike Fratantoni, Joel Kan and Judie Ricks wrote that the forecasts show 2025 GDP growth of 1.6% and a 35% chance of a recession over the next 12 months. Growth... Read more »
On an unadjusted basis, the index decreased 6% compared with the previous week. The refinance index decreased 6% from the previous week and was 110% higher than the same week one year... Read more »
While the idea of breaking into the 5% range for a 30-year fixed mortgage rate is incredibly appealing, my read of the situation suggests it’s unlikely to happen in a significant way... Read more »
On June 12, Peggy Orenstein’s inbox flooded with booking requests for her Inglewood Airbnb. The date seemed random, but after a quick search, the influx of interest became clear. It was exactly... Read more »
Bank of America Global Research is signaling a significant shift in the Federal Reserve’s interest rate policy down the road. They’re forecasting two interest rate cuts in 2026, specifically in June and... Read more »
The mortgage refinance market is showing a slight uptick today, December 22, 2025, with the popular 30-year fixed refinance rate climbing by 9 basis points to 6.74%, up from last week’s average... Read more »
Weekly housing inventory data Housing inventory is now in its traditional seasonal decline for December, but the inventory growth story, which I was thrilled to see earlier in the year, has changed... Read more »
If so, you’re probably wondering what’s going to happen with mortgage rates. It’s the million-dollar question, right? Well, I’ve been looking closely at the latest forecasts, especially the 30‑year mortgage rate predictions... Read more »
It’s a common frustration: you hear on the news that the Federal Reserve has cut interest rates, and you’re hopeful your loan payment might finally get a little cheaper. But then, when... Read more »