Mortgage Industry News
Survey: One-Third of Respondents Believed a Perfect Credit Score is Needed for a Mortgage
A new survey released by Veterans United Home Loans has discovered a rather considerable amount of incorrect assumptions by prospective homebuyers when it comes to acquiring a property. More than one-third of respondents (34%) were under the impression that they...
Texas-Based Highlands Residential Mortgage Acquires Ohio’s Equitable Mortgage
The financial terms of the deal were not disclosed. Continue Reading Texas-Based Highlands Residential Mortgage Acquires Ohio’s Equitable Mortgage
Rick Seehausen Named President of Lenders One
Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing, Continue Reading Rick Seehausen Named President of Lenders One
Mortgage Delinquencies Up During Q4 2025
The five states with the largest quarterly increases in their overall delinquency rate were: Mississippi (109 basis points), Louisiana (89 basis points), Maryland (87 basis points), Oklahoma (86 basis points), and Indiana (86 basis points). Continue Reading Mortgage Delinquencies Up During Q4 2025
Mortgage Rates Take a Mild Drop
The 30-year fixed-rate mortgage averaged 6.09% as of Feb. 12, down from last week when it averaged 6.11%. Continue Reading Mortgage Rates Take a Mild Drop
GSEs Update Private Mortgage Insurer Eligibility Requirements
The updated standards will be implemented through a 24-month phased-in approach, with a fully effective date of Sept. 30, 2026. Continue Reading GSEs Update Private Mortgage Insurer Eligibility Requirements
Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage rates are not forecast to go below 6% until the end of 2025. Continue Reading Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage Application Activity Drops, Forbearance Levels Rise
The total share of loans now in forbearance increased to 0.27% as of July 31 Continue Reading Mortgage Application Activity Drops, Forbearance Levels Rise
Mortgage Rates Record Slight Uptick
The 30-year fixed-rate mortgage averaged 6.49% as of Aug. 15, up from last week when it averaged 6.49%. Continue Reading Mortgage Rates Record Slight Uptick
Mortgage Application Activity Up Nearly 17%
The Refinance Index increased by a vibrant 35% from the previous week. Continue Reading Mortgage Application Activity Up Nearly 17%
Mortgage Credit Availability at 9-Month High
MBA’s Joel Kan attributed the rise to “increased conventional loan offerings such as ARMs and cash-out refinance loans.” Continue Reading Mortgage Credit Availability at 9-Month High
Tech Trends: How Zillow is Using Artificial Intelligence
An overview of how Zillow is utilizing artificial intelligence. Continue Reading Tech Trends: How Zillow is Using Artificial Intelligence
Mortgage Rates Plunge to Lowest Level in Over a Year
The 30-year fixed-rate mortgage averaged 6.47% as of Aug. 8. Continue Reading Mortgage Rates Plunge to Lowest Level in Over a Year
Mortgage Application Activity Up by 7%
The adjustable-rate mortgage share of activity increased to 6.3% of total applications. Continue Reading Mortgage Application Activity Up by 7%
NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Early delinquency transition rates for mortgages increased by 0.1 percentage point. Continue Reading NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
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