Logan Mohtashami

3 weeks ago | housingwire.com | Sarah Wheeler |Logan Mohtashami

Given the recent increase in mortgage rates, I anticipated a more significant decline in both the week-to-week and year-over-year data. Surprisingly, the week-to-week decline was only 5%, notably less than my expectations. Furthermore, the year-over-year growth has improved, rising from 10% to 13%. This can likely be attributed to the low baseline we are currently working from. I expected this trend if mortgage rates were moving from 6.64% down toward 6%, not staying elevated as they have.

4 weeks ago | cnet.com | Katherine Watt |Logan Mohtashami

Mortgage refinance rates have been moderating in response to rising layoffs and worries about a potential economic downturn. Despite the recent dip in rates, experts don’t expect another refinancing boom like in 2020 and 2021, when mortgage rates dropped to historic lows. Until mortgage rates move below 6%, which isn’t guaranteed this year, refinancing activity is likely to remain limited. Most homeowners refinance to save money on their monthly payment with a lower interest rate.

4 weeks ago | cnet.com | Katherine Watt |Logan Mohtashami

Mortgage refinance rates have been moderating in response to rising layoffs and worries about a potential economic downturn. Despite the recent dip in rates, experts don’t expect another refinancing boom like in 2020 and 2021, when mortgage rates dropped to historic lows. Until mortgage rates move below 6%, which isn’t guaranteed this year, refinancing activity is likely to remain limited. Most homeowners refinance to save money on their monthly payment with a lower interest rate.

1 month ago | housingwire.com | Logan Mohtashami

Mortgage rates have reached the lowest levels of the year today as the 10-year yield dropped significantly on tariff news.

1 month ago | housingwire.com | Logan Mohtashami

Anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currently trading at 4.13%.