The government-sponsored enterprises say they have been leaning into cost savings, some of which have been passed on to lenders and borrowers. Below, a breakdown of the specific figures behind those gains. Processing Content Freddie Mac Chief Financial Officer Jim Whitlinger said that there is a “continued focus on operational efficiency” in a recent […]
GSEs’ cost-cutting tools: The per-loan savings breakdown Read More »
Fighting intensified today between the U.S. and Iran. Oil prices moved higher fairly quickly and bond yields followed. This has been a common pattern during the Iran war as higher oil prices imply higher inflation which, in turn, implies higher yields/rates. Yesterday’s average top-tier 30yr fixed rate hit the highest levels since June 2025. Today’s
Mortgage Rates Pushing New Long-Term Highs Read More »
The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8% on Sept. 1, its highest point since Jan. 14, 2025, according to Yahoo Finance. Processing Content The bond market was already unsettled heading into Federal Reserve Chair Kevin Warsh’s speech last Friday in Jackson Hole,
Rising bond yields drive lenders to adjust priorities Read More »