Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Mortgage rates ticked down slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.36% as of May 14, a hair lower from last week’s average of 6.37%. A year ago at this time, it averaged...
The US Senate has confirmed Kevin Warsh to become the 17th chairman of the Federal Reserve. Warsh was confirmed in a 54-45 vote along party lines, with Sen. John Fetterman of Pennsylvania as the sole Democrat approving the nomination. Warsh’s term will begin on May 15...
Mortgage application activity was on the rise last week while mortgage credit availability was in decline last month, according to two new data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan...
Commercial and multifamily mortgage loan originations experienced a 52% year-over-year surge in the first quarter of this year, although they were also down by 30% from the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), increase...
Compass Moves Title and Escrow Companies Onto Qualia in Multi-Year Consolid…
