Mortgage Industry News
Mortgage Application Activity Up, Mortgage Credit Availability Down
The FHA share of total applications inched up to 17.9% from 17.7% the week prior. Continue Reading Mortgage Application Activity Up, Mortgage Credit Availability Down
Douglas Elliman Expands Mortgage Platform to California
The platform’s products include conventional and jumbo loans, construction financing, commercial lending, bridge loans, FHA and VA loans. Continue Reading Douglas Elliman Expands Mortgage Platform to California
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
Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
K-DATE provides a non-amortizing loan that is deferred for up to 30 years and becomes due and payable when the home is sold, refinanced or the first mortgage is paid in full. Continue Reading Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
Mortgage Rates Take Another Upturn
The 30-year fixed-rate mortgage averaged 6.30% as of April 30, up from last week when it averaged 6.23%. Continue Reading Mortgage Rates Take Another Upturn
Mortgage Rates Inch Up for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.11% as of Feb. 5. Continue Reading Mortgage Rates Inch Up for Third Straight Week
Former Mayor of NJ Town Convicted in Mortgage Fraud Case
Sentencing is scheduled for June 1. Continue Reading Former Mayor of NJ Town Convicted in Mortgage Fraud Case
Decline in Mortgage Applications Blamed on Snowstorms
“The annual increase in purchase applications was the weakest since April 2025,” said MBA’s Joel Kan. Continue Reading Decline in Mortgage Applications Blamed on Snowstorms
Mortgage Rates Inch Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.10% as of Jan. 29, up from last week when it averaged 6.09%. Continue Reading Mortgage Rates Inch Up for Second Straight Week
Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
The trade groups called for “responsibly reducing mortgage insurance premiums.” Continue Reading Financial Services Trade Groups Lobby White House to Lower Mortgage Costs
Mortgage Application Activity Down 8.5%
The FHA share of total applications increased to 18.6% from 15.9% the week prior. Continue Reading Mortgage Application Activity Down 8.5%
Lawsuit Accuses Rocket Companies of Mortgage Steering
The lawsuit claims the company “exploited the vulnerability of home buyers for profit.” Continue Reading Lawsuit Accuses Rocket Companies of Mortgage Steering
National Mortgage Delinquency Rate Dropped to 3.68%
Late-stage delinquencies (90+ day) increased by 30,000 to reach the highest level in nearly three years. Continue Reading National Mortgage Delinquency Rate Dropped to 3.68%
Report: FHFA’s Pulte Quietly Changed GSE Portfolio Limits to Aid Trump’s $200 Billion Mortgage Bond Purchase
“This is just a smoke screen for Trump and Bill Pulte to tweet about,” said Sen. Elizabeth Warren. Continue Reading Report: FHFA’s Pulte Quietly Changed GSE Portfolio Limits to Aid Trump’s $200 Billion Mortgage Bond Purchase
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Recent Posts
The American Dream of Homeownership Is Not Dead, But We’re Sure Makin…- Mortgage Application Activity Declines by 2.5%
- Joint Venture Acquires 51-Property Light Industrial Portfolio for $1.81 Bil…
- Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year Hig…
- June 26 Bidding Deadline Announced for Historic Chicago-Area Racetrack
