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Veros Sees Just 1% Home-Price Growth as 7% Mortgage Rates Split U.S. Housing Market

Veros Sees Just 1% Home-Price Growth as 7% Mortgage Rates Split U.S. Housing Market

by John G. Stevens | Oct 7, 2026 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market

U.S. home prices are still expected to rise over the next year, but only barely, as the renewed surge in mortgage rates deepens the affordability squeeze and widens the gap between stronger and weaker housing markets. Veros Real Estate Solutions’ Q3 2026 VeroFORECAST,...
ARM Demand Hits Nearly Four-Year High as Borrowers Seek Relief From Higher Fixed Rates

ARM Demand Hits Nearly Four-Year High as Borrowers Seek Relief From Higher Fixed Rates

by John G. Stevens | Oct 7, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

Adjustable-rate mortgages are taking a larger share of the mortgage market as borrowers search for payment relief from higher fixed rates, but the stock of existing ARM loans remains far smaller than it was before the financial crisis. The October 2026 ICE Mortgage...
Better 2.0 Targets $50 Million Quarterly Expense Base as Garg Reshapes Mortgage Company

Better 2.0 Targets $50 Million Quarterly Expense Base as Garg Reshapes Mortgage Company

by John G. Stevens | Oct 7, 2026 | Current News & Events, Industry Updates, Mortgage Information

Better Home & Finance founder Vishal Garg is moving quickly to reshape the mortgage company after regaining board control, outlining a 90-day plan that includes a materially lower expense base, expansion in home-equity and wholesale lending and a search for a new...
June Point Lending Expands DSCR Program to California, Its 19th State

June Point Lending Expands DSCR Program to California, Its 19th State

by John G. Stevens | Oct 7, 2026 | Current News & Events, Industry Updates, Mortgage Information

Wholesale non-QM lender June Point Lending has expanded its debt-service-coverage-ratio mortgage program to California, bringing its DSCR offering to 19 states and adding one of the country’s largest mortgage markets to its footprint.The company announced the...
Granite Point Completes 1-for-10 Reverse Stock Split as Strategic Review Continues

Granite Point Completes 1-for-10 Reverse Stock Split as Strategic Review Continues

by John G. Stevens | Oct 7, 2026 | Commercial Real Estate News, Current News & Events, Industry Updates

Granite Point Mortgage Trust has completed its previously announced 1-for-10 reverse stock split, reducing the commercial mortgage REIT’s outstanding common-share count from roughly 48.2 million to about 4.8 million while a broader review of strategic...
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