MOrtgage News & Insights
View top national motgage industry news articles, advice, insights, and more. Subscribe to UpdatesMost Recent Mortgage News
Get the top headlines in local and national mortgage industry news today in the articles below. Do you have news you would like to contribute? Submit a guest post here. To receive weekly updates on the top mortgage articles in your area, subscribe for free today!
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
Additional Reading: Top Mortgage Industry News & Headlines
Mortgage Application Activity Drops by 1.2%
The FHA share of total applications increased to 19.9% from 19.1% the week prior. Continue Reading Mortgage Application Activity Drops by 1.2%
PennyMac Correspondent Group to Launch Non-QM Products
Pennymac intends to retain servicing on all non-QM products. Continue Reading PennyMac Correspondent Group to Launch Non-QM Products
Mortgage Originations Up 19% During Q2
A total of 689,217 refinance loans were issued in the second quarter, up 16.4% from the prior quarter. Continue Reading Mortgage Originations Up 19% During Q2
Refinancing Drives Up Mortgage Application Activity
The Refinance Index increased 20% from the previous week and was 175% higher than the same week one year ago. Continue Reading Refinancing Drives Up Mortgage Application Activity
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Zillow attributed the latest statistics to declining mortgage rates. Continue Reading Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros
Mortgage Rates Fall to 19-Month Low
The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. Continue Reading Mortgage Rates Fall to 19-Month Low
Mortgage Application Activity and Credit Availability Record Upticks
The Market Composite Index increased 1.4% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability Record Upticks
Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
CFPB Director Rohit Chopra describes his agency’s approach to regulating mortgage refinancing. Continue Reading Guest Opinion: The CFPB’s Approach to Mortgage Refinancing
reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
The financial terms of the deal were not disclosed. Continue Reading reAlpha Tech Corp. Acquires Mortgage Broker Be My Neighbor
Better.com Unveils FHA Streamline Refinance Product
Vishal Garg, CEO and founder of Better.com, said the product reduces “the traditional barriers that exist for FHA borrowers.” Continue Reading Better.com Unveils FHA Streamline Refinance Product
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. Continue Reading Mortgage Rates Remain Flat
