Live rates, industry headlines, and market analysis — all in one place.
Monday, June 15, 2026
Videos sourced from YouTube. All content belongs to its respective creators and channels.
The mortgage industry can no longer rely on outdated "tribal knowledge" and apprenticeships to train originators in an increasingly complex, highly regulated and AI-driven market. To survive and…
Millions of American renters face a structural "timing tax" when fixed rent due dates clash with their misaligned or unpredictable income schedules. By implementing flexible payment infrastructure,…
Top producers leave after quietly outgrowing the brokerage, feeling invisible or getting recruited with more specific support. The fix is proactive retention conversations and removing day-to-day…
The 10-year yield is 4.43% and mortgage rates are 6.58%, with Fed week and inflation data setting the next move.
Pending sales rose to 75,856 vs 72,039 in 2025 as inventory turned negative year over year with mortgage rates near 6.58%.
The GSE’s full-year refinance forecast outpaces MBA projections by about $135 billion The post Fannie Mae bullish on mortgage market in second half of 2026 appeared first on Scotsman Guide.
A roundup of mortgage industry people news thus far in June The post Power Moves: MBA, Farmer Mac, CCM and others make notable personnel decisions appeared first on Scotsman Guide.
Equifax calls statements ‘misleading,’ claims BAC ‘misses the mark on the cost of credit’ The post ‘Enough is enough’: Credit bureau double standard assailed by BAC chief appeared first on Scotsman…
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Respondents said heterosexual individuals are more likely than a LGBTQ+ person to receive financial support, such as down payment assistance.
A small condominium project in Denver’s West Colfax neighborhood may be the best evidence yet that Colorado’s housing reforms are producing real results. The Colorado Housing and Finance…
While the world gets swept up in the euphoria of SpaceX’s IPO, some of the rest of us remain anchored to a more down-to-earth – but no less fascinating – domain, where gravity’s still a thing. In…
The Portland-based operation ranked No. 40 for transaction sides among medium-sized teams nationwide, closing 240 last year.
Some national headlines are pointing out that mortgage rates are higher this week. Those are based on weekly survey data which can often be stale compared to daily rate movement. Actual average rates…
Mortgage applications bounced higher last week after the holiday-shortened period, though the increase largely reflected a normalization in activity rather than a meaningful improvement in underlying…
SpaceX makes Elon Musk world’s first trillionaire in biggest-ever IPO — and it’s not even close as this chart shows
Existing-home sales picked up in May, rising to their highest level since December as improving affordability and steady household income gains continued to support demand. Sales increased 3.2% from…
Year-ahead inflation expectations ease, but remain well above prewar levels: U Michigan survey The post ‘Relatively dour’ consumer sentiment brightens slightly in June appeared first on…
Second-quarter survey reveals momentum shift among higher-income earners: TransUnion The post Inflation anxiety seen dampening appetite for credit appeared first on Scotsman Guide.
A new white paper from the trade group emphasizes unclear regulatory treatment of emerging AI risks and opportunities The post MBA calls for unified AI rules in mortgage lending appeared first on…
New study finds the cost of regulations has risen 40% in the past five years and now adds an estimated $131,734 to the price of the average home The post Increasing regulatory costs continue to…
A key spy law hangs in the balance as lawmakers question the FHFA director’s national security credentials The post Trump nominates Jay Clayton for top intelligence job following backlash over…
While rates were below April levels, overall foreclosure trends appear to be rising: Attom The post May foreclosure filings spike 14% from a year ago appeared first on Scotsman Guide.
Mortgage rates began the day in uneventful fashion with the average lender right in line with yesterday's latest levels. Things might have gotten off to a slightly better start, but higher inflation…
U.S. ‘cannot afford to let the AI transition happen by accident’: Paul Ryan The post Bipartisan commission seeks to tackle looming AI-driven labor shock appeared first on Scotsman Guide.
This Figure report by Chiltern Capital goes way deep on Figure valuation, Kiavi mortgage deal, and Provenance Blockchain vision
There's been remarkably little change in mortgage rates so far this week. Monday saw a modest increase vs Friday, but since then, there's been essentially no change. Today's rates were technically…
Mortgage rates put an end to the most recent spike that followed last Friday's jobs report. Most of the upward movement happened on Friday, but yesterday offered a modest aftershock. Those two days…
The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today's level of 6.68% is…
Over the past three months, mortgage rate movement has been driven primarily by developments in the Iran war. It's not that war, itself, is a consideration, but rather the implications for fuel…
News sourced from Mortgage News Daily, HousingWire, Scotsman Guide, and The Basis Point. All content belongs to its respective publishers. Headlines and excerpts are provided for informational purposes.
The benchmark rate for home financing in America. Based on Freddie Mac's Primary Mortgage Market Survey (PMMS), this weekly average reflects rates offered to well-qualified borrowers with strong credit. Most conventional purchase loans use this rate as the baseline.
A shorter-term option that typically carries a lower rate than the 30-year. Popular for refinancing borrowers who want to pay off their home faster and save significantly on total interest. Monthly payments are higher but total cost of the loan is substantially lower.
The most important benchmark for mortgage pricing. Mortgage-backed securities compete with Treasuries for investor capital, so when the 10-year yield rises, mortgage rates tend to follow. MLOs watch this daily to anticipate rate movements before they show up in rate sheets.
The replacement for LIBOR as the benchmark for adjustable-rate mortgages (ARMs) and HELOCs. Based on overnight Treasury repurchase agreements, SOFR reflects the cost of overnight borrowing secured by Treasuries. Critical for pricing ARM products and understanding short-term rate direction.
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The mortgage rates displayed on this page are sourced from the Federal Reserve Economic Data (FRED) system, maintained by the Federal Reserve Bank of St. Louis. The 30-year and 15-year fixed rates come from Freddie Mac's Primary Mortgage Market Survey (PMMS), while the 10-Year Treasury Yield and SOFR are sourced directly from Federal Reserve data series.
Mortgage rates (30-year and 15-year fixed) are updated weekly, typically every Thursday when Freddie Mac publishes the Primary Mortgage Market Survey. The 10-Year Treasury Yield and SOFR are updated daily on business days. News headlines are refreshed every 15 minutes from leading industry sources.
The interest rate is the cost of borrowing the principal loan amount, expressed as a percentage. The Annual Percentage Rate (APR) includes the interest rate plus other costs such as mortgage insurance, discount points, and certain closing costs, giving a more complete picture of the total borrowing cost. The rates shown on this page are interest rates, not APRs.
News headlines and excerpts are aggregated from leading mortgage industry sources including Mortgage News Daily, HousingWire, Scotsman Guide, and The Basis Point via RSS feeds updated every 15 minutes. Market videos are sourced from curated YouTube channels covering mortgage rates, macro economics, and housing trends — including Mortgage News Daily, Bloomberg, Yahoo Finance, and others. All content belongs to its respective publishers and creators.
Studio 1003 is a technology platform built for mortgage professionals. We are not a mortgage lender, broker, or financial advisor. Rates displayed on this page are national survey averages provided for informational purposes only and do not constitute rate quotes, lending offers, or financial advice.
Rate data sourced from the Federal Reserve Economic Data (FRED) system maintained by the Federal Reserve Bank of St. Louis. Rates shown are survey averages and may not reflect rates available to individual borrowers. Actual rates depend on credit score, loan amount, property type, and other factors. Data is updated weekly for mortgage rates and daily for Treasury yields and SOFR.