Mortgage Industry News
MBA Brings the Mortgage Banking Bound Program to Louisiana State University
LSU is the fourth school offering this course. Continue Reading MBA Brings the Mortgage Banking Bound Program to Louisiana State University
Mortgage Application Activity Starts 2026 with a Whimper
The FHA share of total applications increased to 20.0% from 18.4% the week prior. Continue Reading Mortgage Application Activity Starts 2026 with a Whimper
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
California Realtors Back Assumable Mortgage Idea
“Assumable loans could play a key role in unlocking housing opportunities for buyers,” said the organization. Continue Reading California Realtors Back Assumable Mortgage Idea
Mortgage Application Activity Takes a 0.6% Uptick
Among the federal programs, the FHA share of total applications increased to 19.4% from 18.5% the week prior. Continue Reading Mortgage Application Activity Takes a 0.6% Uptick
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
DOJ Announces $2.4 Million HECM Settlement with Nutter
The company exited the mortgage business in 2022. Continue Reading DOJ Announces $2.4 Million HECM Settlement with Nutter
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
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