A new class action lawsuit accuses Optimal Blue and 26 lenders of price fixing and inflating mortgage costs for millions of consumers.  The complaint says the industry’s biggest players violated antitrust law in sharing sensitive home loan data with competitors and subsequently raising rate spreads. Borrowers specifically scrutinize Optimal Blue’s competitive analytics and Competitive Data […]

The lingering government shutdown has increased rate uncertainty, and cut off or curtailed some specialized mortgages while mainstream business moves forward, albeit at a slower pace in some cases. “Until key reports like payrolls and the CPI return, rates are likely to remain range-bound but vulnerable to sudden shifts,” said Sam Williamson, chief economist at

Mortgage rates technically ticked a hair lower today, but it’s more accurate to view them as being broadly sideways. Some lenders issued improvements yesterday afternoon.  Those lenders were closer to unchanged this morning.   As of this afternoon, several lenders have already issued slight rate increases due to weakness in the bond market.   Bonds dictate rates.