Mortgage Industry News
Lynn Beckstead, Former President of SecurityNational Mortgage, Dies at 72
In 1993, the insurance company Security National recruited Beckstead to launch a new mortgage division. Continue Reading Lynn Beckstead, Former President of SecurityNational Mortgage, Dies at 72
Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. Continue Reading Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
Linkhome Holdings Rebrands Mortgage One as Linkhome Lending
Linkhome Lending plans to broaden its commercial financing capabilities by supporting the financing needs of AI infrastructure projects, including data centers. Continue Reading Linkhome Holdings Rebrands Mortgage One as Linkhome Lending
Mortgage Application Activity Ended July with a Whimper
The FHA share of total applications increased to 17.3% from 16.9% the week prior. Continue Reading Mortgage Application Activity Ended July with a Whimper
MBA: Homebuyer Affordability Improved Slightly in June
The national median mortgage payment for conventional loan applicants was $2,209, down from $2,211 in May and up from $2,205 in June 2025. Continue Reading MBA: Homebuyer Affordability Improved Slightly in June
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Mortgage Applications for New Home Purchases at 14-Year High
“Government applications, which include FHA, VA, and USDA/RHS loans, accounted for more than half of applications received,” said MBA’s Joe Kan. Continue Reading Mortgage Applications for New Home Purchases at 14-Year High
National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. Continue Reading National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Mortgage Credit Availability Improved in March
“Credit availability increased modestly in March to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in March
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. Continue Reading Mortgage Rates Inch Down
Over Half of Canadian Homeowners Prepare to Cut Spending Ahead of Mortgage Renewals
Canadian homeowners facing mortgage renewals are preparing to cut their budgets to manage higher payments, while prospective buyers are preparing to make a move later this year. According to a new survey from TD Bank, more than half (56%) of Canadian homeowners said...
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Finance of America Reverse Debuts HomeSafe Second Line of Credit
The product is now available in California, with a further rollout planned in the coming weeks. Continue Reading Finance of America Reverse Debuts HomeSafe Second Line of Credit
Mortgage Application Activity Slows Amid Decline in Refinancing
The VA share of total applications increased to 16.1% from 15.9%. Continue Reading Mortgage Application Activity Slows Amid Decline in Refinancing
