Mortgage Industry News
Mortgage Rates Drop to Lowest Level of 2025
The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31. Continue Reading Mortgage Rates Drop to Lowest Level of 2025
reAlpha Mortgage Launches Loan Officer Recruitment Program
“This program was built around what experienced originators consistently ask for: clarity, support, and fewer operational obstacles,” said CEO Jamie Cavanaugh. Continue Reading reAlpha Mortgage Launches Loan Officer Recruitment Program
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Mortgage Application Activity Declines for Fourth Straight Week
The Refinance Index increased by 4% and was 81% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines for Fourth Straight Week
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Mortgage Application Activity Goes Kerplop
The MBA stated the total number of loans now in forbearance was 0.22% as of Jan. 31. Continue Reading Mortgage Application Activity Goes Kerplop
Mortgage Rates Rise Again
“The economy has been performing well so far this year and rates may stay higher for longer,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise Again
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
The promotion runs through Feb. 29. Continue Reading A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
The FHA delinquency rate spiked by 131 basis points to 10.81%, the highest level since the third quarter of 2021. Continue Reading MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
Mortgage Applications Up While Most Americans Expect Lower Rates
The Fannie Mae Home Purchase Sentiment Index increased 3.5 points in January to 70.7, its highest level since March 2022. Continue Reading Mortgage Applications Up While Most Americans Expect Lower Rates
First Home Mortgage Corp. Rolls Out Down Payment Assistance Program
Under this program, the buyer contributes 1% and First Home Mortgage contributes 2% (up to $5,500) towards the down payment and/or closing costs. Continue Reading First Home Mortgage Corp. Rolls Out Down Payment Assistance Program














