The Truth About Mortgage https://www.thetruthaboutmortgage.com/ Your guide to a smarter home loan. Wed, 28 Oct 2026 15:45:01 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://www.thetruthaboutmortgage.com/wp-content/uploads/2023/02/cropped-TTAM-min-32x32.png The Truth About Mortgage https://www.thetruthaboutmortgage.com/ 32 32 Mortgage Rates Under Pressure Ahead of Fed Meeting and Inflation Data https://www.thetruthaboutmortgage.com/mortgage-rates-under-pressure-ahead-of-fed-meeting-and-inflation-data/ https://www.thetruthaboutmortgage.com/mortgage-rates-under-pressure-ahead-of-fed-meeting-and-inflation-data/#respond Wed, 28 Oct 2026 15:45:00 +0000 https://www.thetruthaboutmortgage.com/?p=43378 Mortgage rates are a tad bit worse today heading into the Fed’s October meeting. Most notably, the bellwether 10-year bond yield is back above 5% with traders likely playing some defense. The 10-year acts as a benchmark for the 30-year fixed mortgage, so expect rates to tick up a bit if this holds. However, this… Read More »Mortgage Rates Under Pressure Ahead of Fed Meeting and Inflation Data

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-under-pressure-ahead-of-fed-meeting-and-inflation-data/feed/ 0 AI Spending Hot Again, Remains the Wild Card for Mortgage Rates https://www.thetruthaboutmortgage.com/ai-spending-hot-again-remains-the-wild-card-for-mortgage-rates/ https://www.thetruthaboutmortgage.com/ai-spending-hot-again-remains-the-wild-card-for-mortgage-rates/#respond Tue, 27 Oct 2026 16:34:14 +0000 https://www.thetruthaboutmortgage.com/?p=43369 Mortgage rates remain flat today, still hovering around 7.375% or so for the 30-year fixed. The 10-year yield continues to sit just under 5%, which is about all the “good news” bond investors have to offer at the moment. New home sales came out this morning and AI spending is back in the headlines. But… Read More »AI Spending Hot Again, Remains the Wild Card for Mortgage Rates

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]]> https://www.thetruthaboutmortgage.com/ai-spending-hot-again-remains-the-wild-card-for-mortgage-rates/feed/ 0 Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch? https://www.thetruthaboutmortgage.com/opendoor-wants-to-sell-you-a-home-with-2-down-and-no-mortgage-whats-the-catch/ https://www.thetruthaboutmortgage.com/opendoor-wants-to-sell-you-a-home-with-2-down-and-no-mortgage-whats-the-catch/#respond Mon, 26 Oct 2026 17:29:36 +0000 https://www.thetruthaboutmortgage.com/?p=43361 Opendoor has rolled out a new way to buy a home that bypasses the mortgage entirely. And that might sound pretty good given where mortgage rates are at these days. It’s called “Opendoor Own,” and the pitch is 2% down, no mortgage, and a monthly payment that stays fixed for five years. With rates on… Read More »Opendoor Wants to Sell You a Home With 2% Down and No Mortgage. What’s the Catch?

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]]> https://www.thetruthaboutmortgage.com/opendoor-wants-to-sell-you-a-home-with-2-down-and-no-mortgage-whats-the-catch/feed/ 0 Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week https://www.thetruthaboutmortgage.com/mortgage-rates-holding-onto-recent-improvement-heading-into-fed-week/ https://www.thetruthaboutmortgage.com/mortgage-rates-holding-onto-recent-improvement-heading-into-fed-week/#respond Mon, 26 Oct 2026 16:36:36 +0000 https://www.thetruthaboutmortgage.com/?p=43357 Mortgage rates are a touch better to start the week, moving back toward their best levels in a month. The 30-year fixed is averaging close to 7.375%, down from recent highs of 7.625%. While not great, it could be worse and there’s still hope rates can inch closer to the high 6s before the midterms.… Read More »Mortgage Rates Holding Onto Recent Improvement Heading Into Fed Week

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-holding-onto-recent-improvement-heading-into-fed-week/feed/ 0 Mortgage Rates Back on the Rise After Biggest Bond Rally Since 2023 https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-rise-after-biggest-bond-rally-since-2023/ https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-rise-after-biggest-bond-rally-since-2023/#respond Fri, 23 Oct 2026 15:54:44 +0000 https://www.thetruthaboutmortgage.com/?p=43337 Bonds had one of their best days yesterday in more than three years. The 10-year yield plunged nearly 20 basis points, its biggest one-day drop since March 2023, even falling below 5% in the process. You’d think mortgage rates would’ve had a stellar day as well, since the two move in relative lockstep. Instead, rates… Read More »Mortgage Rates Back on the Rise After Biggest Bond Rally Since 2023

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-back-on-the-rise-after-biggest-bond-rally-since-2023/feed/ 0 Tech Stock Selloff Leads to Mortgage Rate Plunge https://www.thetruthaboutmortgage.com/tech-stock-selloff-leads-to-mortgage-rate-plunge/ https://www.thetruthaboutmortgage.com/tech-stock-selloff-leads-to-mortgage-rate-plunge/#respond Thu, 22 Oct 2026 15:58:40 +0000 https://www.thetruthaboutmortgage.com/?p=43326 Well, once again it is the AI trade leading to lower mortgage rates. It seems to be the only thing working when it comes to getting mortgage rate relief lately. Of course, it comes at the expense of prospective home buyer’s stock portfolios. And if you check your stocks daily and see that you’re all… Read More »Tech Stock Selloff Leads to Mortgage Rate Plunge

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]]> https://www.thetruthaboutmortgage.com/tech-stock-selloff-leads-to-mortgage-rate-plunge/feed/ 0 Stuck Mortgage Rates Starting to Hurt the Real Estate Industry https://www.thetruthaboutmortgage.com/stuck-mortgage-rates-starting-to-hurt-the-real-estate-industry/ https://www.thetruthaboutmortgage.com/stuck-mortgage-rates-starting-to-hurt-the-real-estate-industry/#respond Wed, 21 Oct 2026 17:25:16 +0000 https://www.thetruthaboutmortgage.com/?p=43312 Mortgage rates aren’t doing a whole lot of anything today, and that could start to become the problem. Bond yields are mostly flat, which leaves the 30-year fixed mortgage hovering around 7.375% or so. While rates have come down from recent highs of 7.625%, it’s clear from the pending home sales report that the housing… Read More »Stuck Mortgage Rates Starting to Hurt the Real Estate Industry

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]]> https://www.thetruthaboutmortgage.com/stuck-mortgage-rates-starting-to-hurt-the-real-estate-industry/feed/ 0 Mortgage Rates Move Lower Thanks to Record Low Pending Home Sales https://www.thetruthaboutmortgage.com/mortgage-rates-move-lower-thanks-to-record-low-pending-home-sales/ https://www.thetruthaboutmortgage.com/mortgage-rates-move-lower-thanks-to-record-low-pending-home-sales/#respond Tue, 20 Oct 2026 16:01:02 +0000 https://www.thetruthaboutmortgage.com/?p=43305 Mortgage rates are a little better today, but it might not be worth celebrating. The reason isn’t great, as it typically isn’t. This time it’s pending home sales, which just hit a fresh record low going all the way back to 2001. That pushed bond yields lower on the day, which will translate to slightly… Read More »Mortgage Rates Move Lower Thanks to Record Low Pending Home Sales

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]]> https://www.thetruthaboutmortgage.com/mortgage-rates-move-lower-thanks-to-record-low-pending-home-sales/feed/ 0 Fannie Mae Ups 2027 Mortgage Rate Forecast to 7.5% https://www.thetruthaboutmortgage.com/fannie-mae-ups-2027-mortgage-rate-forecast-to-7-5/ https://www.thetruthaboutmortgage.com/fannie-mae-ups-2027-mortgage-rate-forecast-to-7-5/#respond Mon, 19 Oct 2026 17:16:54 +0000 https://www.thetruthaboutmortgage.com/?p=43302 Each month, Fannie Mae releases a forecast for home prices, sales, and mortgage rates, among other things. Between September’s report and October’s, they raised their estimate for the 30-year fixed a staggering 80 basis points (0.80%). The unusually large move reflects just how bad mortgage rates had it over the past month and change. But… Read More »Fannie Mae Ups 2027 Mortgage Rate Forecast to 7.5%

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]]> https://www.thetruthaboutmortgage.com/fannie-mae-ups-2027-mortgage-rate-forecast-to-7-5/feed/ 0 Mortgage Rates Keep Falling on AI Rout, But Will It Last? https://www.thetruthaboutmortgage.com/mortgage-rates-keep-falling-on-ai-rout-but-will-it-last/ https://www.thetruthaboutmortgage.com/mortgage-rates-keep-falling-on-ai-rout-but-will-it-last/#respond Fri, 16 Oct 2026 16:42:39 +0000 https://www.thetruthaboutmortgage.com/?p=43292 Mortgage rates have now fallen for five days in a row. That puts the average 30-year fixed mortgage around 7.375%, a three-week low and roughly a quarter point below where they were earlier this month. The strange part is that it happened right as we received two hotter-than-expected inflation reports in CPI and PPI. Oh,… Read More »Mortgage Rates Keep Falling on AI Rout, But Will It Last?

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