Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Mortgage applications took an upswing for the week ending Feb. 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from one...
A credit union in Vermont has introduced a home financing program aligned with the principles of Islam. The Burlington Free Press reports NorthCountry Federal Credit Union has partnered with Guidance Residential, an Islamic home finance provider, that adheres to the...
Altisource Portfolio Solutions (NASDAQ: ASPS), announced the appointment of Rick Seehausen as president of its Lenders One subsidiary. Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions. Seehausen most recently served as...
The seasonally adjusted delinquency rate for mortgage loans on one-to-four-unit residential properties during the fourth quarter of 2025 was 4.26% of all loans outstanding, according to the Mortgage Bankers Association. This marked a 27 basis points increase from the...
