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News stories about Mortgage interest

Dec 6, 2017  8:30 ET
Mortgage applications move up
Mortgage activity bounced back in the week following the Thanksgiving holiday as key rates ticked down slightly, the Mortgage Bankers Association (MBA) reported For the week ending Dec. 1...
Nov 7, 2017  16:20 ET
Homebuilders press to retain mortgage tax credit
The National Association of Home Builders (NAHB) plans to continue to push for a housing tax credit as a condition for dropping its complete opposition to the Republican tax bill, its chief executive...
Oct 25, 2017  11:35 ET
Blog: Industry gathering marked by optimism
The Mortgage Bankers Association (MBA) annual national conference in Denver once again drew the industry’s movers and shakers. Mortgage companies aren’t having a particularly good year in terms of v...
Oct 19, 2017  13:10 ET
Key rates tick down
Mortgage rates fell slightly after trending higher for the previous two weeks, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 3.88 percent, down three basis poi...
Oct 4, 2017  12:50 ET
Wealthiest Americans win in the GOP tax plan
Last week, Republican leaders and the Trump administration launched their campaign to overhaul the federal tax system by releasing a new framework. Joseph Rosenberg, a senior research associate with t...
Jul 21, 2017  8:50 ET
Mortgage rates dip below 4 percent
The 30-year fixed mortgage rate fell below the 4 percent mark over the past week, and other key rates also declined, Freddie Mac reported. Through Wednesday, the 30-year rate averaged 3.9...
Jul 12, 2017  14:30 ET
Yellen: Fed will shrink balance sheet soon
Federal Reserve Chair Janet Yellen said the Fed will likely begin to unwind its massive balance sheet later this year, a move that could put upward pressure on long-term interest rates. ...
Mar 30, 2017  18:20 ET
Mortgage rates fall in weekly survey
Key mortgage rates fell steeply for the second consecutive week, Freddie Mac reported. Through Wednesday, the 30-year fixed rate averaged 4.14 percent, down nine basis points from the pr...
Feb 16, 2017  13:00 ET
Low-income housing advocates see threats ahead
Housing advocates, including some mortgage trade groups, have called attention to an emerging crisis in the cost of rents and the lack of affordable-housing units in the United States. Diane Yentel,...
Feb 2, 2017  12:45 ET
Key rate holds steady ahead of Fed decision
The 30-year fixed rate held steady for the week ahead of the Federal Reserve’s decision to leave interest rates unchanged, Freddie Mac reported. Through Wednesday, the 30-year rate avera...
Feb 1, 2017  14:35 ET
The Fed holds the line on interest rates
As widely expected, the Federal Reserve has decided to stand pat on interest rates. Following a two-day meeting, the Federal Open Market Committee unanimously decided to keep the federal...
Dec 29, 2016  10:25 ET
Mortgage rates rise for ninth straight week
Mortgage rates rose for the ninth consecutive week to end the year, Freddie Mac reported. Through Wednesday, the 30-year fixed rate rose two basis points in the week to 4.32 percent, whi...
Dec 21, 2016  9:35 ET
Mortgage applications rise despite higher rates
Mortgage applications increased despite another significant jump in mortgage rates, the Mortgage Bankers Association reported in its latest weekly survey. For the week ending Dec. 16, o...
Dec 8, 2016  11:30 ET
Mortgage rates move up again
 The key 30-year fixed mortgage rate rose for the sixth straight week to move 18 basis points ahead of the level a year earlier, Freddie Mac reported. Through Wednesday, the 30-year fix...
Dec 2, 2016  14:55 ET
Trump official floats cap on tax deduction
A popular tax break for homeowners —  the mortgage interest deduction — could be on the chopping block. Treasury Secretary-designate Steven Mnuchin told CNBC this week that the administration f...

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