Tagged: mortgage rates

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Realtor.com projects more inventory, less competition, and lower listing prices next week, giving originators a short window to revisit sidelined borrowers

Single-family construction rebounded in August, but falling permits, fewer completions, and widespread builder incentives point to a tougher fight for the purchase loans those homes eventually produce

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Applications reached their lowest level of 2026 in August as higher mortgage rates constrained demand and FHA loans gained a larger share of new-home financing

All new purchase and refinance loans qualify for discounts of up to 0.25 percentage points through Oct. 4

Markets overwhelmingly expect a quarter-point hike, but the Fed’s projections and the bond market’s response may matter more to originators