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Keep up with current interest rates and related news at HousingWire’s Mortgage Rates Center. Rates are updated daily based on data from Optimal Blue, the Mortgage Bankers Association (MBA) and Freddie Mac‘s Primary Mortgage Market Survey (PMMS).
Freddie Mac’s PMMS only covers purchase mortgages. In addition, the PMMS looks at rates from the first three days of the week from lender websites, while the MBA survey covers the rates on apps collected over the prior full week. Optimal Blue data is calculated using actual locked rates with consumers across 35% of all mortgage transactions nationwide.
Be sure to follow our lead analyst Logan Mohtashami, who has been tracking and forecasting rates and the housing market for HousingWire since 2020. His America is Back and Six Recession Red Flag models have been acclaimed in the housing industry for their accuracy and simplicity. Logan has recently opined on what it would take for rates to fall in 2023. He followed up on this column with a guest appearance on our industry-leading podcast HousingWire Daily.
Mortgage Rates News
Warehouse lenders facing fallout from industry woes HW+
Mar 23, 2023Recent bond-rating reports shine a spotlight on the deposit and investment-portfolio shortcomings of two banks offering warehouse lines – Comerica and Western Alliance.
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With mortgage rates dropping, the conforming and jumbo loan spread narrows HW+
Mar 23, 2023 -
New home sales climb in February for the third straight month HW+
Mar 23, 2023 -
Why industry watchers expect mortgage rates to fluctuate in coming weeks HW+
Mar 22, 2023 -
VA makes major change to America’s most underutilized mortgage program HW+
Mar 22, 2023 -
Fed delivers a 25 bps rate hike amid bank failures HW+
Mar 22, 2023 -
The typical down payment is 10% smaller than a year ago HW+
Mar 22, 2023 -
Lower mortgage rates fueling existing home sales HW+
Mar 21, 2023