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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
The typical down payment is 10% smaller than a year ago HW+
Mar 22, 2023In January, the typical U.S. homebuyer used a down payment that was 10% smaller than a year ago to purchase a home.
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Lower mortgage rates fueling existing home sales HW+
Mar 21, 2023 -
Existing home sales rise for the first time in a year HW+
Mar 21, 2023 -
Opinion: The Fed broke the banks. What’s next for mortgage? HW+
Mar 20, 2023 -
Housing Market Tracker: Banking crisis is a new variable HW+
Mar 19, 2023 -
Latest housing starts data is good for mortgage rates HW+
Mar 16, 2023 -
With little competition, homebuilders are feeling better HW+
Mar 15, 2023 -
Is inflation or recession driving mortgage rates now? HW+
Mar 14, 2023
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