Mortgage Industry News
A collection of Mortgage latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
A Mile Above: TMC Denver Concludes with Tangible Enthusiasm for The Future of the Mortgage Industry
DENVER, Colo., Oct. 21, 2024 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC) proudly reflects on the success of A Mile Above: TMC Denver, a conference environment renowned for its ability to adapt to the evolving landscape of the…
Today's mortgage interest rates: October 21, 2024
Published 11:15 AM EDT, Mon October 21, 2024 Today's mortgage interest rates are highlighted by the average rate for a 30-year fixed mortgage going from 6.99% to 7.00% week over week. 30-year fixed: 7.00% 15-year-fixed: 6.16% 30-year fixed jumbo:…
Chase Mortgage Review 2024: Affordable Lender for First-Time Homebuyers
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product…
UK banks to reveal if cheaper mortgages are being passed on to customers
Some of the UK's major banks are poised to reveal if borrowers are reaping the benefits of lower interest rates as the lenders continue to navigate through uncertain economic times. Lloyds Banking Group, Barclays, and NatWest are set to disclose…
PennyMac Mortgage Investment Trust Q3 2024 Earnings Preview
PennyMac Mortgage Investment Trust (NYSE:) is scheduled to announce Q3 earnings results on Tuesday, October 22nd, after market close. The consensus EPS Estimate is $0.34 and the consensus Revenue Estimate is $93.67M. Over the last 1 year, PMT has…
Mortgage Rates Today: Median Rate Remains 6.63% | Oct. 21, 2024
As of Oct. 21, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.63%, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate…
Black Home Mortgage Borrowers Pay More in NYC, New Study Finds
Pricier loans add up to tens of thousands of dollars more in costs than for white borrowers, according to an analysis of Bank of America, Citibank and Chase lending. Three major banks charged Black homeowners in New York City more interest on their…
Why mortgage rates are going up despite the Fed's interest rate cut
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a reprieve after the central bank finally cut the federal funds rate last month for the first time in four years. But…
Mortgage rates bounce back to July levels on inflation worries
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What To Expect from Mortgage Rates and Home Prices in 2025
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether…
Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution
The mortgage industry faces constant change. Regulations shift, customer needs evolve, and economic conditions fluctuate. Lenders need a loan origination system (LOS) that can keep up with the changing times. Encompass by ICE Mortgage Technology…
Mortgage veterans take on new leadership roles at NAMB and Guild Mortgage
Companies welcome experienced leaders to strengthen mortgage education and affordable housing In a series of key industry leadership moves, both the National Association of Mortgage Brokers (NAMB) and Guild Mortgage have announced the appointments…
HSBC to hike rates on cheapest mortgage deals
Major lender is both increasing and decreasing rates, as of tomorrow HSBC has said it will be increasing some of its cheapest mortgage rates - though more expensive deals will be cut. From tomorrow, the bank will hike rates across its lowest-priced…
UK interest rates will drop to 2.75 per cent, Goldman Sachs predicts
UK interest rates will almost halve from their present rate of 5 per cent, according to top US investment bank Goldman Sachs. Borrowing rates, set by the Bank of England, will sink to 2.75 per cent by the end of next year, Goldman predicts…
A Billion-Dollar Market Value Is A Sweet Spot For Stocks
I like companies with a market value around $1 billion. I think it's a sweet spot – big enough to be “discovered” by institutional investors, yet still small enough to show dramatic growth. Each year around this time, I've…
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