Mortgage Industry News
Mortgage Rates Record the Barest of Upticks
The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. Continue Reading Mortgage Rates Record the Barest of Upticks
We Made Mortgage Lending Safer. Did We Make It Too Safe?
Mortgage lending is safer than it has been in decades. But as credit standards remain tight and fewer moderate-credit borrowers obtain mortgages, John G. Stevens asks whether the industry has become too good at avoiding risk. Continue Reading We Made Mortgage Lending Safer. Did We Make It Too Safe?
Prosperity Home Mortgage Expands into Servicing
“Buying a home may be one transaction, but homeownership is a journey that lasts for years,” said Chris Kelly, president and CEO of HomeServices of America. “ Continue Reading Prosperity Home Mortgage Expands into Servicing
Mortgage Application Activity Dips by 1%
The FHA share of total applications decreased to 16.2% from 17.1% the week prior. Continue Reading Mortgage Application Activity Dips by 1%
Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550
Carrington Mortgage Services expanded its Flexible Advantage non-QM program, including new options for certain eligible borrowers with FICO scores as low as 550. Continue Reading Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550
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
Mortgage Rates Rise to One-Year High
The 30-year fixed-rate mortgage averaged 6.66% as of July 30. Continue Reading Mortgage Rates Rise to One-Year High
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
The financial terms of the deal were not disclosed. Continue Reading Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
The companies will target high-impact servicing and lending functions where AI, automation, and tailored technology can improve execution, control, and scalability. Continue Reading New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
Mortgage Delinquency Rate Inches Up to 3.55%
The share of mortgages in active foreclosure reached 0.53% in June, the highest level in six years, as foreclosure activity continued to normalize. Continue Reading Mortgage Delinquency Rate Inches Up to 3.55%
Mortgage Rates Rise for Third Straight Week
The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. Continue Reading Mortgage Rates Rise for Third Straight Week
Mortgage Application Activity Picks Up
The FHA share of total applications decreased to 17.0% from 17.7% the week prior. Continue Reading Mortgage Application Activity Picks Up
Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
The financial terms of the deal were not disclosed. Continue Reading Union Home Mortgage Acquires Origination Assets of AmeriTrust Mortgage Corp.
Mortgage Rates Ratchet Higher
The 30-year fixed-rate mortgage averaged 6.55% as of July 16. Continue Reading Mortgage Rates Ratchet Higher
