Mortgage rates

While new jobs data contributed to falling Treasury yields, mortgage rates showed a mixed picture with some trackers moving in opposite directions.

A stock offering or conservatorship exit could raise loan costs in some contemplated scenarios, a Stanford Institute for Economic Policy Research study finds.

The contract rate on a 30-year mortgage climbed 12 basis points to 6.46% in the week ended Sept. 26, according to Mortgage Bankers Association data released Wednesday.

A potential government shutdown could create unprecedented risks for housing, delaying data releases, and affecting markets more than past shutdowns.

Nearly 20% of homeowners had a mortgage rate of at least 6% in the second quarter of this year, signaling Americans are warming up to higher rates, Redfin said.

Washington, D.C. and Denver lead the country with the largest share of mortgaged households, and will likely soon see a shift in buyer demand, Realtor.com said.

Since the first day of the meeting, the 10-year Treasury yield has increased 16 basis points, with mortgage rates rising as a result, various trackers showed.

Contract closings fell 0.2% last month to an annualized rate of 4 million, according to National Association of Realtors figures released Thursday.

Refinancing indicators recorded muted gains as home sales challenges persisted ahead of a period when politics may change the market outlook.

There were 35.2% more sellers than buyers in the market last month. June and July were the only routine months since at least 2013 with a greater percentage.

MSR investment persists and some values have stabilized since policymakers' rate cut confirmed anticipatory loan pricing, flattening some mortgage rates.

The 30-year fixed rate mortgage was down another 9 basis points this week, Freddie Mac said, but much of this pricing was before the Federal Reserve meeting.

The company will now consider loans up to $819,000 as government-sponsored enterprise-eligible, even though it cannot sell them to the agencies until Jan. 1.

Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.

Mortgage applications saw a significant jump for the second consecutive week, as homeowners took advantage of plummeting rates, the MBA said.

If the Fed reinvested the roughly $18 billion in monthly "roll-off" into new MBS, it could compress mortgage spreads, the investment management firm said.

New-home loan activity rose 1% in August year over year, but applications fell 6% from July.

Companies are coming up with offerings to meet certain unmet needs in the market, while others are running promotions in order to get some sectors moving again.

The 30-year fixed rate mortgage had its largest decline in a year as it is universally anticipated the Federal Open Market Committee will cut short-term rates.

Treasuries rose, led by short-dated notes, after a reading on wholesale inflation came in weaker than expected, cementing bets that the Federal Reserve will start to cut interest rates next week.