Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal Reserve rate cuts on deck.
Source: Inman News
Mortgage rates hit 4-month low and have more room to drop
Published in 30 year fixed rate mortgage, bureau of labor statistics, Christopher Waller, CME Group, consumer price index, Dual Mandate, E.J. Antoni, economy, Erika McEntarfer, fannie mae, fed, federal funds rate, federal reserve, freddie mac, homebuyer demand, inflation, interest rates, Jeffrey Schmid, Joel Kan, Kansas City Federal REserve, Markets & Economy, mba, Michelle Bowman, Mortgage, mortgage bankers association, mortgage rates, mortgage-backed securities, Oliver Allen, Pantheon Macroeconomics, PCE, personal consumption expenditures price index, refinance, refinancing, Samuel Tombs, Select, short-term interest rates, Tariffs and trump
More from 30 year fixed rate mortgageMore posts in 30 year fixed rate mortgage »
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
More from bureau of labor statisticsMore posts in bureau of labor statistics »
More from Christopher WallerMore posts in Christopher Waller »
- These are the 5 people who might replace Jerome Powell as Fed chair
- Why Trump’s moves to control Fed could send mortgage rates higher
- In split vote, Fed policymakers snub Trump, leave rates unchanged
- Surprise Fed move takes some pressure off of mortgage rates
- December Fed rate cut seen as a lock — then caution may prevail
More from CME GroupMore posts in CME Group »
- Rising unemployment revives prospects for December rate cut
- Rebounding mortgage rates dampen homebuyers’ appetites
- Homebuying off to strongest November start since 2022
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
More from consumer price indexMore posts in consumer price index »
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Mortgage rates spike as Powell warns December rate cut is iffy
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
More from Dual MandateMore posts in Dual Mandate »
More from economyMore posts in economy »
- 3 under-the-radar trends from October’s Intel Index survey
- Homebuying off to strongest November start since 2022
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
- Lower mortgage rates spur homebuyers, but mostly refis
More from Erika McEntarferMore posts in Erika McEntarfer »
More from fannie maeMore posts in fannie mae »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- Rising unemployment revives prospects for December rate cut
More from fedMore posts in fed »
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
- Homebuying off to strongest November start since 2022
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- What is the Federal Reserve, and how does it impact real estate?
More from federal funds rateMore posts in federal funds rate »
More from federal reserveMore posts in federal reserve »
- Homebuyers came out in force last week, and rates are trending down
- Rising unemployment revives prospects for December rate cut
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
- Fallout over Fed policymakers’ investments reshaping the board
More from freddie macMore posts in freddie mac »
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
- DR Horton gets into AI mortgage tech with Tidalwave stake
- This week was all about NAR: Inman’s Top 5 stories
More from homebuyer demandMore posts in homebuyer demand »
- Homebuyers came out in force last week, and rates are trending down
- Rebounding mortgage rates dampen homebuyers’ appetites
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
More from inflationMore posts in inflation »
- Homebuyers came out in force last week, and rates are trending down
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Rising unemployment revives prospects for December rate cut
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
More from interest ratesMore posts in interest rates »
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Everything you need to know about social media in under 1,100 words
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’
More from Jeffrey SchmidMore posts in Jeffrey Schmid »
More from Joel KanMore posts in Joel Kan »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from mbaMore posts in mba »
More from Michelle BowmanMore posts in Michelle Bowman »
- These are the 5 people who might replace Jerome Powell as Fed chair
- Why Trump’s moves to control Fed could send mortgage rates higher
- In split vote, Fed policymakers snub Trump, leave rates unchanged
- Prospects for lower mortgage rates grow as inflation continues to ease
- Bond yields soar again on Fed governor’s hawkish remarks
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage bankers associationMore posts in mortgage bankers association »
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from mortgage-backed securitiesMore posts in mortgage-backed securities »
- Homebuyers came out in force last week, and rates are trending down
- ‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell
- Rebounding mortgage rates dampen homebuyers’ appetites
- Don’t merge Fannie and Freddie, says their biggest investor
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from Oliver AllenMore posts in Oliver Allen »
More from Pantheon MacroeconomicsMore posts in Pantheon Macroeconomics »
More from PCEMore posts in PCE »
More from personal consumption expenditures price indexMore posts in personal consumption expenditures price index »
More from refinanceMore posts in refinance »
More from refinancingMore posts in refinancing »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Lower mortgage rates spur homebuyers, but mostly refis
More from Samuel TombsMore posts in Samuel Tombs »
- Homebuyers came out in force last week, and rates are trending down
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Homebuyer demand surges as mortgage rates tumble to 2025 low
- Massive downward jobs revision not budging mortgage rates
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from short-term interest ratesMore posts in short-term interest rates »
More from TariffsMore posts in Tariffs »
- Rising unemployment revives prospects for December rate cut
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- Trump tariff policy has soured Canadian interest in US properties
- Most Americans think mortgage rates and home prices have peaked
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
More from trumpMore posts in trump »
- Rebounding mortgage rates dampen homebuyers’ appetites
- Fallout over Fed policymakers’ investments reshaping the board
- HUD shifts homeless policy away from providing permanent housing
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
Be First to Comment