Mortgage Rate

Non-bank lenders dominate the mortgage market

Americans took out more mortgages than ever in 2020. Most of them were not from banks. Non-bank mortgage lenders in the United States issued 68.1% of all mortgages issued in 2020, up from 58.9% in 2019, according to industry research firm Inside Mortgage Finance. This is their highest market share …

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No easy wins for mortgage rates

10-year yields may have hit their lowest levels in months in the wee hours of the morning and people may still perceive a little too much of a correlation between 10-year yields and mortgage rates, but the latter have failed. not quite the same success. To be fair, the treasury …

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