The Mortgage Market Gets its Groove Back

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 11 September 2025

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ever since interest rates started to rise in 2022, the American mortgage market has been stuck. With recent economic data, though, mortgage rates have been coming down and it’s bringing buyers and refinancers out of the woodwork. Plus, Oracle’s record breaking market day and the continued rise of the exchange traded fund. Tyler Crowe, Matt Frankel, and Jon Quast discuss: - Mortgage applications jumped the most in over three years - Oracle’s multi-year backlog and the implications for AI - Exchange Traded Funds outnumbering stocks for the first tim - Stocks (and ETFs) on our radar. Companies discussed: RKT, UPST, ORCL, STX, AMD, QTUM, VTWO Host: Tyler Crowe Guests: Matt Frankel, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The mortgage market gets a much needed jolt and Oracle has its best day since the dot-com boom.
0:11.0	Motley Fool Money starts now.
0:17.0	Welcome to Motley Full Money. I'm Tyler Crow, joined by longtime Fools, Matt Frankel and John
0:26.0	Quast. Today, we're going to follow up on Oracle's blockbuster quarter that it reported after
0:32.0	the close on Tuesday, how that impacts AI in a major milestone for ETFs that we just passed.
0:39.0	And of course, we're going to do some radar stocks, maybe a little couple extras.
0:42.0	But first, we're going to discuss activity in one of America's largest markets.
0:46.8	Now, there's been a lot of discussion about interest rates and what the Fed will do,
0:50.3	and we've been a little guilty of indulging that topic a bit here.
0:53.4	But one quarter of the
0:54.5	market that has been emblematic of the rapid changes in interest rates in recent years has been
1:00.3	mortgages. The most recent data from the Mortgage Bankers Association showed that the average
1:06.4	qualifying mortgage rate dropped to 6.49% down a couple, about 20 basis points. And just like that,
1:14.0	demand for refinancing and new loans shot up spectacularly. Matt, show us the numbers.
1:21.5	Yeah, so refinancing activity was about 34% greater than it was in the same week last year.
1:29.3	Mortgage rates have come down a lot, so that's not a big surprise. It was up 12% week over week, so just really just a surge.
1:36.3	And even though this is a relatively small move in rates, for new loans, the increases were
1:41.3	23% year over year and 7% from last week. So when it comes to new loans,
1:47.6	a lot of it has to do with an increase in existing home inventory compared to last year,
1:53.1	but the refinancing activities, all rates. As a general rule, it can be worthwhile for the
1:58.4	average homeowner to refinance if they can lower their mortgage rate, but let's say one-half to three-fourths of a percentage point.
2:04.5	And there are a lot of people who in recent years got 7% plus mortgage rates.
	...

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