Today’s Mortgage News

Daily, real-time video recap of the U.S. mortgage market and what's driving today's mortgage rates, plus real estate and economic news to make you a better home buyer. Hosted by Dan Green.

Freddie Mac: Mortgage Rates Just Dropped 13 Basis Points – May 10, 2024
Mortgage News
1 min read

Freddie Mac: Mortgage Rates Just Dropped 13 Basis Points – May 10, 2024

Mortgage rates did not fall for even one week in April. Now in May, they've fallen twice.This is good news for buyers who like…

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New: “First-Generation Home Buyer” Defined For Cash Grants – May 09, 2024
Mortgage News
1 min read

New: “First-Generation Home Buyer” Defined For Cash Grants – May 09, 2024

Finally, Fannie Mae and Freddie Mac have defined what it means to be a "First-Generation Home Buyer", which means the programs…

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A Home Buyer Paradox: Is It A Good Time To Buy Or No? – May 08, 2024
Mortgage News
2 min read

A Home Buyer Paradox: Is It A Good Time To Buy Or No? – May 08, 2024

If you're a homebuyer and into topics like consumer psychology, you are going to be interested to hear this news.…

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USDA Mortgage Program To Approve More Buyers – May 07, 2024
Mortgage News
1 min read

USDA Mortgage Program To Approve More Buyers – May 07, 2024

The USDA has updated its mortgage approval guidelines to approve more loans for more buyers in more U.S. neighborhoods.…

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A Return To Lower Interest Rates – May 06, 2024
Mortgage News
1 min read

A Return To Lower Interest Rates – May 06, 2024

Huge difference in mortgage rates this week and in market momentum. Interest rates are starting the week down, which marks five…

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Home Buyers Exhibiting Risky Behaviors – May 03, 2024
Mortgage News
1 min read

Home Buyers Exhibiting Risky Behaviors – May 03, 2024

Interesting stats about homes for sale coming out lately. This data comes from the National Association of REALTORS®. It's about…

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Mortgage Rates Drop After Federal Reserve Meeting – May 02, 2024
Mortgage News
1 min read

Mortgage Rates Drop After Federal Reserve Meeting – May 02, 2024

Mortgage rates got a boost from the Federal Reserve yesterday as the Fed adjourned from its fourth scheduled meeting of the year.…

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Probably The Worst Way To Track Home Prices – May 01, 2024
Mortgage News
2 min read

Probably The Worst Way To Track Home Prices – May 01, 2024

The data is old and not really relevant but it's in the headlines. The S&P Case-Shiller Home Price Index. The measure of changes in…

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A Federal Reserve FOMC Preview – April 30, 2024
Mortgage News
2 min read

A Federal Reserve FOMC Preview – April 30, 2024

Today, Tuesday, marks the start of the Federal Reserve's third scheduled meeting of the year, a two-day affair that adjourns…

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Tips for Lower Mortgage Rates – April 29, 2024
Mortgage News
1 min read

Tips for Lower Mortgage Rates – April 29, 2024

Mortgage rates open the week higher than what you're used to. And for a lot of home buyers that means higher monthly payments, less…

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Mortgage Rates Haven’t Slowed Home Buyers – April 26, 2024
Mortgage News
1 min read

Mortgage Rates Haven’t Slowed Home Buyers – April 26, 2024

Just because mortgage rates are the highest they've been this year, that doesn't mean that home sales are coming to a haltNot…

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WOW Inflation Is Hotter – April 25, 2024
Mortgage News
1 min read

WOW Inflation Is Hotter – April 25, 2024

Weird mix of data hitting the markets this morning and mortgage rates in particular don't like itFirst, the GDP, a measure of how…

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New Construction Homes On Overstock? – April 24, 2024
Mortgage News
1 min read

New Construction Homes On Overstock? – April 24, 2024

Dan Green at Homebuyer.com: If you're struggling to find a home resale, an existing home to offer on and purchase, it could be a…

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Home Buyers Have 7% Less Power This Month – April 23, 2024
Mortgage News
1 min read

Home Buyers Have 7% Less Power This Month – April 23, 2024

How much purchasing power have you lost because mortgage rates jumped last week? Roughly 7%. That's the effect of rising mortgage…

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What On Earth Day Is Going On With Mortgage Rates? – April 22, 2024
Mortgage News
1 min read

What On Earth Day Is Going On With Mortgage Rates? – April 22, 2024

It's Earth Day, as in, "What on Earth is going on with mortgage rates?" This week, 30-year fixed-rate mortgage rates open at…

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First-Time Buyers Getting Lower Mortgage Rates – April 21, 2024
Mortgage News
1 min read

First-Time Buyers Getting Lower Mortgage Rates – April 21, 2024

Average mortgage rates crossed 7 percent this week. This according to Freddie Mac's weekly mortgage rate report. But if you're a…

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Homes Selling Even 13% Faster This Spring – April 19, 2024
Mortgage News
1 min read

Homes Selling Even 13% Faster This Spring – April 19, 2024

Let's stop this one before it even starts, everyone, because the Existing Home Sales report from the National Association of…

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New Home Construction Paused For Home Buyers – April 18, 2024
Mortgage News
1 min read

New Home Construction Paused For Home Buyers – April 18, 2024

Lots of headlines this morning about a large drop in new construction. New construction homes, starts of new homes, homes in progress to completion.…

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