The nation’s largest mortgage lender just got rid of its minimum credit score requirement on most home loans. The move is ...
Rocket Mortgage announced today that it will soon default to VantageScore 4.0 instead of the FICO score it relied upon for ...
Mortgage rates feel pretty hopeless right now. They’ve risen from sub-6% to the mid-7s in just the past six months. With a meteoric rise over the past month, climbing nearly a full percentage point.
One of the most important steps you can take when obtaining a home loan is mortgage rate shopping. Most home buyers (and those looking to refinance) don’t even bother to do it. Studies show they only ...
Just when it appeared that mortgage rates were chipping away, they’re back to new highs. And not just any old highs, but the highest highs since President Trump took office for his second term. The ...
The Federal Reserve is almost guaranteed to hike rates today. Odds are currently around 93%, per CME FedWatch, meaning it’s basically a sure thing. In the Fed’s history, they’ve never defied odds like ...
Chase is back with another mortgage rate sale, something they’ve done several times over the past couple years. They don’t advertise the exact amount of the discount, but common knowledge says it’s 25 ...
Every day, we fret about small changes in mortgage rates, even if it amounts to just a handful of basis points. The 30-year fixed climbed from 7.17% to 7.22%! Oh no! Meanwhile, there are lenders out ...
If you asked someone a year ago where mortgage rates would be today, my guess is they wouldn’t say one full percentage point higher. Yet here we are, with the 30-year fixed now almost exactly 100 ...
What was once going well isn’t going so well today. I’m talking about mortgage rates, which had been at their best levels in years this spring. But are now around the highest levels since President ...
Mortgage rates are lower today after the market finally digested the first Fed rate hike since 2023. The Federal Reserve hiked its short-term rate 0.25% yesterday, leading to a temporary drop in ...
Mortgage rates have already had a rough couple of weeks. But it could get even worse if a pair of inflation reports come in hot later this week. We’ve got both the Producer Price Index (PPI) and ...
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