You May Have Two Credit Scores That Matter for Your Mortgage
Posted Friday October 2, 2026 in Mortgage
For years, shopping for a home loan meant asking one question about credit: what is my score? That still matters. But after a September change at Fannie Mae and Freddie Mac, many conventional borrowers now face a second question that can change what the loan costs. On September 9, 2026, Fannie Mae and Freddie Mac…
Two-Thirds of Builders Are Offering Incentives. Know What You Are Buying.
Posted Friday September 25, 2026 in Real Estate
In September, two out of three U.S. home builders said they were using sales incentives to move houses, according to the NAHB/Wells Fargo Housing Market Index. That share rose to 66% from 63% in August, the highest reading since last December. Separately, 38% of builders reported cutting prices, with the average reduction holding at 6%…
The Fed Raised Rates. That Is Not Why Your Mortgage Moved.
Posted Friday September 18, 2026 in Mortgage
On Wednesday the Federal Reserve raised its benchmark rate by a quarter point to a target range of 3.75% to 4%. It was the first hike since 2023, and it was widely expected. If you are shopping for a home or watching your payment, you probably heard the same headline everywhere: the Fed hiked, so…
Daily Quotes Just Cleared 7%. Inventory Hit a Decade High.
Posted Friday September 11, 2026 in Mortgage
If you glanced at a rate sheet this week and felt your stomach drop, you were not imagining it. Daily mortgage quotes crossed 7% on September 10, according to Mortgage News Daily, touching 7.07%. That is the first time daily averages have cleared that line in about 16 months. Freddie Mac's weekly survey, published the…