The Federal Housing Administration (FHFA) has released its Fiscal Year 2025 report on the state of the Mutual Mortgage Insurance Fund (MMI Fund), a $1.6 trillion single-family mortgage portfolio. According to the report, the MMI Fund’s Capital Ratio as of Sept. 30 was...
The final Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC) found 2025 ending with mortgage rates at their lowest level of the year. The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31, down from last week when it averaged 6.18%. A year...
reAlpha Mortgage, a division of reAlpha Tech Corp. (NASDAQ: AIRE), has launched a national loan officer recruitment program. According to the Dublin, Ohio-based company, the program will offer Restricted Stock Unit (RSU) awards to loan officers who join reAlpha. The...
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
Ahead of the Christmas holiday break, fewer prospective homebuyers were filling out mortgage applications, according to from the Mortgage Bankers Association (MBA) for the week ending Dec. 19. The Market Composite Index, the MBA’s measure of mortgage loan application...
