Home finance rate hedge funds are increasing short

Hedge funds are increasing short positions in homebuilder stocks due to persistently high home finance rate levels, despite upbeat economic data in other sectors. Refinance interest rates can be higher or lower than your original loan rate. Your credit score, income, repayment history, and current national interest rates will determine whether you qualify for a lower rate. These factors may also lead a lender to offer you a higher rate. Additionally, lenders may offer a higher rate if you plan to access your home equity. This increases your loan amount and, consequently, the lender’s risk. Learn more: Why didn't mortgage rates fall after the Federal Reserve rate cut? The latest CME FedWatch data indicates traders are pricing in a 25bps cut by Q