Mortgage News Daily

Smooth Sailing Until It’s Not Anymore

2020-01-10T17:43:00-06:00January 10th, 2020|

Mortgage rates had been moving higher over the past few days.  The average lender was at the highest levels of the month as of yesterday morning, but things began to change shortly thereafter.  Today's market movement added to the f...

Mortgage Rates Bounce Higher

2020-01-09T15:38:00-06:00January 9th, 2020|

Mortgage rates moved higher more definitively today after as lenders had a chance to match their offerings to underlying bond markets.  Markets themselves were already pointing to this move yesterday, but the lender response was still so...

Homebuying Sentiment Up Sharply from 2018

2020-01-08T07:17:50-06:00January 8th, 2020|

Fannie Mae's Home Purchase Sentiment Index (HPSI) finished out the year with little change from November to December, but with a strong increase over the December 2018 version. Three HPSI components were up in December but those gains were offset by lo...