Mortgage rates briefly fell below 6% on Friday for the first time in nearly three years — driven by President Donald Trump’s proposed $200 billion push in the secondary market. If they stay that low, they are expected to spur refinance activity. Historically, a 22–basis-point decline in the 30-year fixed mortgage rate, such as the […]
Sharp decline in mortgage rates revives hopes of a refi surge, LOs say Read More »
It finally happened today: We got mortgage rates under 6% for a short time. Can we get some traction for that level? Well, one aspect of the mortgage-rate story really improved today; we had a monster day in mortgage spreads, improving overnight to push rates down over 20 basis points without much help from the
Mortgage rates drop below 6% following Trump’s MBS announcement Read More »
Homes remained less affordable than historic norms in nearly every U.S. county at the end of 2025, despite modest improvements late in the year, according to ATTOM’s latest U.S. Home Affordability Report, released Thursday. In 586 of the 594 counties analyzed (or 99%), median-priced single-family homes and condominiums were less affordable than historic averages in
ATTOM: Home affordability stays strained across the country Read More »