Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted by Mortgage Bankers Association (MBA) President and CEO Bob…
As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Yet, a recent study by nationwide mortgage lender and loan servicer Newrez reveals that despite financial struggles, homeowners are still confident in their…
The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.28%, up from last week’s average of 7.03% and up from last year’s…
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates peaked to a new high this week, climbing back up to the 7% range for the first time in 2026 and hitting their “highest level since May 2024,” as noted by…
The Iran War continues to weigh on the economy, and in turn the housing market, with mortgage rates this week peaking to “the highest level since May 2024,” as noted by Mortgage Bankers Association President and CEO Bob Broeksmit. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.03%…
In yet another sign that the housing market is still in a state of flux, more American homeowners owe more on their mortgages than what their properties are worth in Q2 2026 than in Q2 2025. Real estate data company ATTOM reported that 3.2% of mortgaged residential properties are underwater, the term used where the…
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Mortgage rates remain mostly better historically as this week and last observed some slight decreases, according to the latest data from Freddie Mac. However, the persistence of economic and market headwinds put this silver lining at risk. The latest Freddie Mac Primary Mortgage Market Survey® saw the 30-year fixed-rate mortgage (FRM) average 6.65% as of…
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Mortgage rates saw a slight shift upward this week, attributed to geopolitical instability resulting from the renewed U.S.-Iran War that could send rates up higher if the conflict continues. Mortgage applications remained largely…
Mortgage rates shifted slightly upward this week due to elevated inflation, and the hope for relief may be further delayed, according to the latest data from Freddie Mac. The latest Primary Mortgage Market Survey® saw the 30-year fixed rate mortgage (FRM) average 6.49%, up from 6.43% last week when it was at the lowest level…
In the ever-fluctuating mortgage environment of late, mortgage applications saw a decrease but were overall “little changed” this week as rates saw a slight uptick, according to the latest data from the Mortgage Bankers Association (MBA). MBA’s Weekly Mortgage Applications Survey for the week ending July 3, 2026 (with an adjustment for the Fourth of…
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