Mortgage Industry News
Q2 Commercial/Multifamily Borrowing Up 16%
The sole sector where originations declined was healthcare properties, which recorded a 19% year-over-year drop. Continue Reading Q2 Commercial/Multifamily Borrowing Up 16%
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when it averaged 6.66%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Mortgage Application Activity Slows Down Again
The FHA share of total applications decreased to 16.4% from 16.9% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
Atlantic Home Mortgage Debuts Lendtrain, a Refinance-Focused Platform
“Most homeowners do not need a sales call just to find out whether a refinance is worth exploring,” said Tony Davis, founder of Lendtrain. Continue Reading Atlantic Home Mortgage Debuts Lendtrain, a Refinance-Focused Platform
Report: 1 in 5 Homebuyers Are Gen Z
This youthful generation represents nearly one-third of all first-time homebuyer loans and 27% of FHA purchase lending. Continue Reading Report: 1 in 5 Homebuyers Are Gen Z
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
Newrez to Recognize Crypto Assets for Mortgage Qualification
This offering will be available in February across Newrez’s Smart Series suite of non-agency products. Continue Reading Newrez to Recognize Crypto Assets for Mortgage Qualification
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
December New Home Purchase Mortgage Applications Up by 2.5%
The average loan size for new homes increased from $378,063 in November to $380,607 in December. Continue Reading December New Home Purchase Mortgage Applications Up by 2.5%
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
During the third quarter of 2025, 21.2% of outstanding mortgages carried interest rates of 6% or higher, compared to the 20.0% share with rates below 3%. Continue Reading Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
Mortgage Application Activity Soars by 28.5%
“Refinance applications surged 40% to the strongest weekly pace since October 2025,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Soars by 28.5%
Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
Commercial banks held the largest share (37%) of commercial/multifamily mortgages at $1.8 trillion. Continue Reading Commercial/Multifamily Mortgage Debt Up 1.1% During Q3 2025
White House Dropping Plans for 50-Year Mortgage
“I think we have other priorities,” said FHFA Director Bill Pulte. Continue Reading White House Dropping Plans for 50-Year Mortgage
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
