Browsing: mortgage

One oddity in the mortgage world these days is that the nation’s top lender, United Wholesale Mortgage, is as the name implies, a wholesale lender.This means…

The Federal Reserve announced a long-awaited rate cut on Wednesday.The move could bring some consumer rates down, which may be good news for borrowers hoping to…

A while back, I declared that we were in a falling mortgage rate environment.Perhaps I said it too early, but the general thought was mortgage rates…

Mortgage interest rates bounced back up a little today, but don’t fret. This type of rebound is normal following a Fed announcement, as markets digest all…

As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…

Mortgage interest rates saw a tiny bump today, but these are still some of the best mortgage rates we’ve seen in the last 12 months.The average…

Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision.This one was kind of unexpected since there was no…

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…

Mortgage interest rates are lower today, continuing the mostly downward trend we’ve seen this September.The average interest rate on a 30-year, fixed-rate mortgage ticked down to…