Mortgage credit became more accessible in July, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI rose by 2.5% to 108.4 last month; the index was benchmarked to 100 in March 2012. The Conventional...
Mortgage holder equity reached $18 trillion for the first time on record while annual home price growth reached a 14-month high in July, according to the August 2026 Mortgage Monitor Report Intercontinental Exchange Inc. (NYSE: ICE). “Mortgage holder equity...
TPG Mortgage Investment Trust Inc. (NYSE: MITT), a residential mortgage REIT, is acquiring Cherry Hill Mortgage Investment Corp. (NYSE: CHMI), also a residential mortgage REIT, for $117.5 million. In connection with the transaction, holders of Cherry Hill common stock...
A new bill that would enable homeowners to transfer their existing mortgage to a new home has been introduced in Congress. Rep. Tom Kean Jr. (R-NJ) has put forth the Making Ownership Viable for Everyone (MOVE) Act, which would allow homeowners to transfer their...
Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...
Mortgage rates continued rising for the fifth straight week to a level not seen in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when...
