Mortgage rates and lending news
This week, 30-year conforming mortgage rates rose above 6.7%, yet the housing market remains steady, with a slight uptick in weekly pending sales and purchase loan demand compared to last year.
Jun 02, 2026 · 5 min readThe median list price for homes in Florida stands at $495,000, while new listings are priced at a median of $450,000, reflecting ongoing pricing dynamics.
May 29, 2026 · 5 min readImagine holding a low 2.5% mortgage on a $300,000 property but needing an additional $50,000. Opting for a cash-out refinance resets the entire $350,000 loan at a higher rate, impacting your financial strategy significantly.
May 28, 2026 · 5 min readHomeowners with low mortgage rates from 2020 or 2021 looking to fund renovations can explore the benefits of HELOCs versus home equity loans to decide the best fit for their projects.
May 28, 2026 · 5 min readIn the week of June 1-5, 2026, mortgage rates are expected to rise, with the average 30-year fixed-rate mortgage climbing to 6.53% on May 28, up from 6.51% the previous week, according to Freddie Mac.
May 28, 2026 · 5 min readExplore the lowest interest rates available for 30-year fixed home loans in 2026, based on average rates from leading lenders.
May 27, 2026 · 5 min readWhile HELOCs promise flexibility with borrowing and repayment, certain lenders may offer products that resemble home equity loans. It's crucial to recognize key indicators that differentiate a true HELOC from disguised alternatives in today's property market.
May 27, 2026 · 5 min readSeniors on Social Security can access various mortgage solutions specifically designed for their retirement income, enabling them to leverage home equity for financial flexibility and peace of mind.
May 27, 2026 · 5 min readMobile home refinancing typically necessitates that the property is deemed real estate on owned land with a HUD-approved foundation. Homes constructed after June 15, 1976, generally qualify for financing options, enhancing accessibility in the property market.
May 27, 2026 · 5 min readThe lender you select significantly influences your refinance rate, with the leading and lagging offerings differing by over 3.5%. Factors such as your credit score, loan-to-value ratio, and debt-to-income ratio play crucial roles in determining the best rate.
May 27, 2026 · 5 min readHigher credit scores typically lead to lower mortgage interest rates, highlighting the importance of maintaining a strong credit profile in the competitive property market of 2026. Small fluctuations can impact eligibility for more favorable rate tiers, affecting home-buying potential.
May 27, 2026 · 5 min readExplore how to tap into your home's equity without the need for refinancing. Home equity loans and HELOCs offer homeowners effective ways to access cash, with the right choice tailored to individual financial needs and market conditions.
May 27, 2026 · 5 min readHomeowners outright may access loans by using their property's equity, typically borrowing up to 80% of the home's value, enhancing financial flexibility in the current property landscape.
May 26, 2026 · 5 min readOn April 22, 2026, the Consumer Financial Protection Bureau (CFPB) established new guidelines for enforcing fair lending discrimination, influencing mortgage borrowing practices across various U.S. markets.
May 26, 2026 · 5 min read
Achieving pre-conflict levels for the 10-year yield and mortgage rates may prove challenging, affecting homebuyers and property investments even after the conflict concludes.
May 25, 2026 · 5 min readAtlas VMS reports a decrease in the need for second appraisals on HECM loans, with 8.3% required in Q1 2026 compared to 10.4% in Q4 2025, impacting costs and timelines in the property market.
May 25, 2026 · 5 min readIn the mortgage industry, the abundance of software integrations may seem beneficial, but they often lead to complicated dependencies and hinder efficient operations.
May 25, 2026 · 5 min read
While inventory levels may approach a year-over-year decline, the current market is in a significantly better position compared to the years 2020 to 2023.
May 24, 2026 · 5 min readMaine establishes new standards for HEI legislation, while Illinois revises licensing, sparking debates in other states about the classification of HEIs as loans.
May 22, 2026 · 5 min readUnderstand how a HELOC payment could significantly increase by year 6 compared to a steady home equity loan, and which option holds up better when managing debt on a fixed income amid current average interest rates.
May 20, 2026 · 5 min read