American homeowners held more housing equity in 2025 than three years earlier, but a growing share of U.S. families were struggling to keep up with debt payments, according to a Federal Reserve survey released Friday. The median net value of a home among homeowners...
PLACE has announced an agreement to acquire Ardley, the mortgage technology company whose software helps lenders identify refinancing and additional borrowing opportunities among their existing customers. The financial terms were not disclosed.The October 9...
President Donald Trump has established a White House committee to examine allegations that Federal Reserve Governor Lisa Cook made false statements in mortgage documents, opening a formal inquiry that could lead to another attempt to remove her from the central...
New mortgage-origination data show a steep decline in FHA purchase lending to nonpermanent residents following a federal eligibility change that took effect in May 2025. The borrowers accounted for approximately 5.8% of FHA purchase originations before the change and...
Mortgage rates have climbed for seven consecutive weeks, reaching a level that is reshaping what prospective buyers can afford. The average 30-year fixed rate rose to 7.40% for the week ending October 8, according to Freddie Mac, compared with 7.28% the week before...