Mortgage Rates Lowest in a Week After Starting Higher

Mortgage rates began the day in higher territory due to overnight weakness in the bond market.  Bonds (like US Treasuries or the MBS that determine mortgage rates) move higher in yield when they're weakening.  Higher yields in Treasuries typically go hand in hand with higher MBS (mortgage-

FinCEN Extends Buyer Targeting to 8 Fla. Counties

GTOs require title companies to verify actual buyers of property. FinCEN extended its order to April 2024 and added 8 Fla. Gulf Coast counties to the list.

Bankers See Uptick in Commercial Delinquencies

Mortgage Bankers’ 3Q report finds office mortgage-delinquency rates passing retail and hotel – but multifamily and industrial delinquencies remain below 1%.

10-year Treasury Hits 5% – Why That Matters

The 10-year Treasury plays a big role in the direction of mortgage rates, but it’s the centerpiece of global finance and affects other types of loans as well.