Author name: Ricky Vasquez

Surging 10-year Treasury yields pushed mortgage rates deeper into high-six-percent territory this week — its highest point since the start of 2025 — effectively stalling refinance momentum while leaving purchase-market buyers to navigate a new high-rate environment. Processing Content The 30-year fixed-rate mortgage averaged 6.71% on Sept. 3, the Freddie Mac Primary Mortgage Market Survey […]

Rocket Mortgage is mounting its latest challenge against United Wholesale Mortgage’s controversial “All-In” policy with a new broker transition program and permanent base-pricing cuts, designed to recruit brokers away.  Processing Content Rocket Pro, the lender’s wholesale channel, announced Tuesday the launch of a program, called Moving Squad, that will help brokers transition their business from

Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes there may be good reasons for the central bank to hold steady. Expert quote: “To paraphrase John Lennon, I’m willing to give disinflation a chance.” —Federal Reserve Gov. Christopher Waller Forward look: Waller, like other