All right, here's the question the audience wants to know this morning. I'm looking at mortgage rates for the 30 years, 6.36%. Does a Fed rate cut, does it finally bring the rates lower.Because we've seen cuts and the rates have actually moved higher. >> You know, I think people are expecting this cut. This will be the third one this year and I don't think it's going to make a dramatic difference.Could it eventually help a little bit, but it's not going to be anything substantial. So, I don't think it's any ...

Core Viewpoint - Mortgage rates are increasing significantly despite expectations that the Federal Reserve will lower interest rates later this week [1] Group 1 - The rise in mortgage rates is occurring in a context where the Federal Reserve is anticipated to implement interest rate cuts [1]

Buying a home in today’s market is expensive to say the least, but with mortgage rates potentially trending downward in the new year, many prospective buyers are feeling hopeful again. However, there is a catch: lower rates don’t automatically mean a better deal. In fact, rushing into a mortgage without a smart strategy can cost you thousands over time. Be Aware: I’m a Real Estate Agent: 7 Places To Avoid Buying a House in 2026 Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How ...

Mortgage rates have risen since last week. According to Zillow data, the 30-year fixed mortgage rate is up 13 basis points to 6.10%, and the 15-year fixed rate has increased by 14 basis points to 5.55%. The Federal Reserve will announce whether it is cutting the federal funds rate for a third time this year on Wednesday. Many experts predict that the central bank will lower its rate again — but based on how mortgage rates have reacted to previous rate cuts, that doesn't necessarily mean home loan rates wi ...

Core Insights - Annaly Capital Management's (NLY) performance is significantly influenced by mortgage rates, which have been easing recently, with the average rate on a 30-year fixed-rate mortgage at 6.19% as of December 4, 2025, down from 6.23% the previous week and 6.69% a year ago [1][2] Mortgage Market Dynamics - Housing affordability challenges are declining due to lower mortgage rates, leading to increased loan demand and positive trends in mortgage originations and refinancing activities, which will likely reduce operational and financial challenges for mREITs like NLY [2] - The Federal Reserve has cut its benchmark interest rates twice this year, with expectations for further cuts, which will ease earnings pressure and support NLY's net interest income (NII) growth [3] Portfolio and Strategy - NLY's diversified investment strategy includes Agency mortgage-backed securities (MBS), residential credit, and mortgage servicing rights (MSR), with a portfolio totaling $97.8 billion as of September 30, 2025, of which $87.3 billion consists of highly liquid Agency MBS [4][10] - The company is enhancing its MSR platform through partnerships, such as a long-term agreement with PennyMac Financial Services, which is expected to improve cost control and operating flexibility [5] - NLY has streamlined its focus on core housing finance operations by exiting commercial real estate and Middle Market Lending businesses, allowing for more targeted capital deployment and improved risk management [6][7] Financial Position - As of September 30, 2025, NLY held $8.8 billion in total assets available for financing, including $5.9 billion in cash and unencumbered Agency MBS, providing ample liquidity during adverse market conditions [8] - NLY has raised its cash dividend by 7.7% to 70 cents per share in March 2025, with a current dividend yield of 12.3% [11][10] Growth Estimates - The Zacks Consensus Estimate for NLY's 2025 and 2026 sales indicates year-over-year growth of 399.6% and 53.2%, respectively [13] - The Zacks Consensus Estimate for NLY's 2025 and 2026 earnings indicates year-over-year growth of 7.4% and 1.5%, respectively [16] Market Performance - NLY shares have gained 14.7% over the past year, outperforming the industry, which has seen a decline of 1.2% [19] - The company's fundamentals are supported by its diversified portfolio, solid liquidity, and disciplined shareholder return framework, with a large allocation to Agency MBS providing stability [21] Valuation Considerations - NLY is currently trading at a forward 12-month price-to-tangible book (P/TB) multiple of 1.14X, which is higher than the industry average of 1.04X, suggesting it may be considered expensive relative to peers [22]

But I want to get to the broader markets. And we have a Fed meeting next week and there's a lot going on in rates as well. So let's bring in Rick Rieder.We have a ton of economic data coming out at the top of the hour, Rick. And normally we would have also jobs day to day. That's going to be pushed forward a couple of weeks or back, a couple of weeks, I should say.And this leads me to my my main question. Why would the Fed meet next week if they're not going to get the big jobs number out until after their ...

With mortgage rates staying firmly put above 6% for the foreseeable future, homebuyers are on the hunt for savings. And they’re finding them in adjustable-rate mortgages, or ARMs.The share of ARM applications reached 12.9% of total mortgage applications in September — the highest share since 2008, according to data from the Mortgage Bankers Association (MBA). At that time, 5/1 ARM rates averaged 5.66%, almost a full percentage point below the average 30-year fixed rate, the MBA said. But despite their gro ...

Core Insights - Mortgage rates have decreased for the second consecutive week, indicating a potential easing in borrowing costs for consumers [2] Summary by Category Mortgage Rates - The average rate for 30-year fixed-rate mortgages is now 6.19% as of December 4, down from 6.23% the previous week [2] - This rate has also decreased significantly from 6.69% during the same period last year, reflecting a year-over-year decline [2]

Mortgage Rate Trends - The average rate on a 30-year U.S. mortgage decreased to 6.19% from 6.23% last week, marking the lowest level since October 30, when it was 6.17% [1] - The average rate on 15-year fixed-rate mortgages also fell to 5.44% from 5.51% last week, down from 5.96% a year ago [2] Influencing Factors - Mortgage rates are influenced by the Federal Reserve's interest rate policies, bond market expectations for the economy and inflation, and generally follow the 10-year Treasury yield, which was at 4.1% [3] - The decline in mortgage rates enhances homebuyers' purchasing power [3] Market Impact - Easing mortgage rates contributed to an increase in sales of previously occupied U.S. homes in October for the fourth consecutive month, although affordability remains a challenge for many potential buyers [4] - Economic growth appears solid, but sluggish hiring and a rising unemployment rate are causing uncertainty among potential homebuyers [4] Federal Reserve Actions - Mortgage rates began to decline following the Federal Reserve's decision to cut its main interest rate in September, with another cut in October expected [5] - The central bank does not directly set mortgage rates, and cuts in short-term rates do not guarantee a decline in home loan rates [6]

Mortgage rates dropped slightly this week despite some volatility in the Treasury yields they closely track. The average 30-year mortgage rate was 6.19% for the week through Wednesday, down from 6.23% a week earlier. The average 15-year mortgage rate was 5.54%, from 5.51%. Global bond yields, including the yield on the 10-year Treasury, which is most closely linked to mortgage rates, spiked on Monday after the Bank of Japan signaled that it was likely to raise interest rates this month. But in recent day ...