1 week ago - Even as rates declined somewhat in recent months, they're still more than double the rates earlier this decade. Understanding Mortgage-Backed Securities: Types, Risks, and Benefits ... “Fannie and Freddie have already loaded up their balances sheets with MBS,” wrote Mike Simonsen, chief economist at Compass, on the X social media platform. “Trump wants more of this.

1 day ago - Interest rate cuts from the Federal Reserve aren't coming fast enough for President Trump. He's imposing policies to try to achieve easier money through other means. Why it matters: Trump's push to address affordability concerns in recent days has largely focused on lowering borrowing costs for consumers — though without spelling out detailed policy levers. And even if efforts to lower mortgage ...

6 hours ago - Mortgage rates dropped by about 0.20 percentage points due solely to the release of the post on January 8. Ads by Money. We may be compensated if you click this ad.Ad · Your future dream home awaits — Unlock your interest rate now

8 hours ago - This time last year, the average 30-year fixed rate was 7.04%. A buyer who purchased a $450,000 home with a 20% down payment at that rate would have faced monthly principal and interest payments of about $2,405.

2 days ago - Average 30-year fixed mortgage rates of 6.25% last week have fallen about 85 ‌basis points over the past year but are still more than twice levels seen four years ago and remain above lows seen in September 2024.

2 days ago - Mortgage demand spiked markedly higher last week as consumers returned from the holidays to find overall lower interest rates and then a sharp rate drop Friday on news from the White House. President Donald Trump posted on social media late Thursday that, in an effort to lower mortgage rates, ...

6 days ago - Combined with near-zero interest rates, that helped drive mortgage costs to historic lows — with 30-year rates falling to around 2.75 percent in early 2021. Analysts say the scale of Trump’s proposed $200 billion purchase is large enough ...

1 day ago - Trump ordered $200B in mortgage bond purchases to lower rates, but experts say the impact may be limited. What first-time buyers should know.

3 days ago - The average interest rate for a 30-year fixed mortgage dipped to its lowest in nearly three years — falling more than 1% in the past year — driving Americans’ monthly housing payments to their lowest point in over two years.

1 day ago - President Trump's mortgage push nudged 30-year mortgage rates to 6.18%, the lowest since 2022, according to Bankrate's latest lender survey.

11 hours ago - Trump has laid out plans to tackle everything from mortgage rates to credit card debt to energy costs.

1 day ago - Since assuming oversight of the nation’s housing finance system, Bill Pulte has promised better access to homeownership, garnering headlines with far-fetched ideas like a 50-year mortgage. His boss, President Trump, has said he would bar Wall Street from buying single family homes and buy $200 billion in mortgage bonds in a bid to ease lending.

1 week ago - The rate on a 30-year mortgage dropped 22 basis points to 5.99%, matching the low from Feb. 2, 2023, according to Mortgage News Daily. Fannie Mae and Freddie, which are in government conservatorship, do not originate home loans.

6 days ago - "Please be informed we will no longer let the American public be 'ripped off' by Credit Card Companies that are charging Interest rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration," Trump wrote.

1 week ago - The average mortgage rate is down from nearly 7% at the start of Trump’s second term last year, yet the decrease has done little to reassure a public that feels pressure from the costs of housing, food and energy.