Mortgage Rates Falling: Freddie Mac’s Outlook With 2025 out of the way, homeowners, economists, Realtors and home buyers are developing or revising their their view of this year’s housing and mortgage markets. Of course, it’s more than lower rates on their minds. It’s down payments, home prices, inflation, employment trends, loan terms, length of mortgage…
Compare Lowest Home Mortgage Rates Housing markets from Boston to Tampa to Los Angeles and Denver all crippled by the mortgage rate locked-in effect. Sellers can’t afford to sell their homes and adopt a new mortgage at a higher rate. For mortgage agents, it’s a frustrating situation as they wait for mortgage holders forced to…
Mortgage Rates Must Fall in 2026 With resale home transactions falling, mortgage rates steady at 6%, and inflation easing there isn’t a lot to fuel big home price increases. And that’s fortunate, given how difficult and expensive it is to buy a home, or find refinancing. Sure there are a lot of buyers waiting and…
Rocket Mortgage (RKT) Rocket Mortgage is a top online mortgage lender based in the United States, headquartered in Detroit, Michigan. Often called Rocket Mortgages, the company is a subsidiary of Rocket Companies, Inc. (formerly known as Quicken Loans), which was the largest mortgage lender in the United States. They’re listed on the NY NASDAQ exchange…
The FED vs US Business Sometimes when politicians lack imagination, expertise and confidence, they’ll look to inferior policies to solve vexing economic problems. Or they may have ulterior motives — political. As we know from the size of the national debt, debt interest payments, and trade deficits, US politicians make really poor choices. Overspending is…
Mortgage Refinancing Boom? It looks like we’re already into a mortgage refinancing boom period. As the FED lowers the central rate, banks and secondary market lenders will offer lower rate mortgages. You might consider a financial Tsunami, given how many mortgage holders need to refinance from now through 2026. When homeowners race in to refinance…
US Home Foreclosures Take an Upturn in July Tens of millions of Americans financed or refinanced their homes during the Covid Pandemic downturn. And this year and next, they’ll be forced to renew at much higher lending rates. It’s expected to be only a small factor in the 5 year housing market outlook, and likely…