Mortgage Industry News

Mortgage Rates Record Slight Increase

by Phil Hall | Jan 8, 2026

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

Mortgage Credit Availability Declined in December

by Phil Hall | Jan 8, 2026

“The December decrease reversed gains from the prior two months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Declined in December

Mortgage Application Activity Tumbles by 5.2%

by Phil Hall | Nov 19, 2025

The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%

New Home Purchase Mortgage Applications Down in October

by Phil Hall | Nov 17, 2025

The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October

Hits and Misses for the Real Estate Week of Nov. 10-14

by Phil Hall | Nov 14, 2025

Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. Continue Reading Hits and Misses for the Real Estate Week of Nov. 10-14

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Mortgage Rates Up Sharply

by Phil Hall | Oct 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. Continue Reading Mortgage Rates Up Sharply

Mortgage Application Activity Slows Down

by Phil Hall | Oct 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The seasonally adjusted Purchase Index dipped by a scant 0.1% from one week earlier. Continue Reading Mortgage Application Activity Slows Down

Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages

by Phil Hall | Oct 4, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Franklin Credit will make a monetary payment of $300,000 to the state Continue Reading Massachusetts in Settlement with Franklin Credit Over Zombie Second Mortgages

Mortgage Rates Record Uptick

by Phil Hall | Oct 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.12% as of Oct. 3, up from last week when it averaged 6.08%. Continue Reading Mortgage Rates Record Uptick

Market Spotlight: Four New Regional Programs for Borrowers

by Phil Hall | Oct 3, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...