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Ellie Mae: America’s low interest rate environment sends refinance activity soaring in August | 2019-09-20

Ellie Mae: America’s low interest rate environment sends refinance activity soaring in August |...

Ellie Mae’s latest Origination Insight report shows that the 30-year note rate dropped for the eighth consecutive month as of August, spurring an increase...
Nearly 10 million borrowers could lower their mortgage rate by 0.75% by refinancing right now | 2019-08-08

How rate sensitive are borrowers? Slight uptick in interest rates leads to decline in...

Are mortgage borrowers sensitive to small movements in interest rates? Recent data shows that refinances are on the rise thanks to the low...
Fed minutes show more rate cuts likely through 2020 | 2019-08-21

Fed minutes show more rate cuts likely through 2020 | 2019-08-21

The Federal Reserve released the minutes Wednesday from its July Federal Open Markets Committee meeting, showing that more rate cuts are likely through...
Nearly 10 million borrowers could lower their mortgage rate by 0.75% by refinancing right now | 2019-08-08

Nearly 10 million borrowers could lower their mortgage rate by 0.75% by refinancing right...

Just three days ago, data from Black Knight showed that 8.2 million borrowers could save big on their mortgages thanks to the recent...
Federal Reserve poised to reduce its benchmark rate | 2019-07-29

Federal Reserve poised to reduce its benchmark rate | 2019-07-29

The world’s most powerful central bank is poised to cut its benchmark rate for the first time since 2008. The reasons couldn’t be...

Homeownership rate for black Americans drops to record low | 2019-07-25

The homeownership rate for black Americans fell to 40.6% in the three months through June, the lowest level in the Census Bureau’s quarterly...
Photo credit: Getty Images/AndreyPopov

Homeownership Rate Remains Flat

The U.S. homeownership rate during the second quarter was 64.1 percent, according to data released by the U.S. Census Bureau. The new rate...
Fannie Mae lowers mortgage rate forecast and says home-price growth will accelerate | 2019-07-16

Fannie Mae lowers mortgage rate forecast and says home-price growth will accelerate | 2019-07-16

Fannie Mae issued a new forecast that predicts the average U.S. rate for a 30-year fixed mortgage will be 3.7% in the second...

Mortgage Tech Rundown: First Rate, Open Close, LBA Ware and Covered Insurance | 2019-07-11

First Rate, a provider of wealth management solutions, recently announced that the company has partnered with HiddenLevers to deliver risk analytics and business...

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Toll Brothers posts quarterly home orders beating estimates

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Toll Brothers Inc., the largest U.S. luxury-home builder, reported quarterly orders that beat estimates, a sign that low mortgage rates are fueling a...
Rates hold steady

Average mortgage rates stay flat due to mixed economic news

Mortgage rates remained unchanged this week, after moving back and forth during the period on economic and trade news, according to Freddie Mac....

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