Mortgage rates settle above 6%, lowest in over three years
While the Freddie Mac survey recorded a weekly decline, the benchmark 10-year Treasury yield had moved back up by 6 basis points around midday on Thursday.
Originations
Institutional home buyers gained ground in December
Large and mega investors accounted for 5.8% of all single family-home purchases in December, up from 4.8% at the same time last year, according to Cotality.
Mortgage rates rise as FOMC inaction adds to uncertainty
Even with the 4 basis point rise in the 30-year fixed over the past two weeks, mortgage rates are still hovering near three-year lows, Freddie Mac said.
Non-QM goes mainstream as issuance hits new highs
Hot securitization sectors such as non-qualified mortgages and home equity are set to expand further amid market shifts this year, recent forecasts suggest.
Mortgage rates reach three-year low after MBS buy order
This week the conforming 30-year fixed rate mortgage fell 10 basis points, with Optimal Blue data showing it broke through, at least briefly, the 6% level.
Hallmark Home Mortgage accused in Ponzi scheme lawsuit
A Florida man's racketeering class action case accuses two mortgage employees of conspiring with a homebuilder to facilitate fraudulent construction draws.
Newrez announces plan for crypto in originations
Cryptocurrency development in the mortgage industry has accelerated in no small part from easing regulation and a push from FHFA Director Bill Pulte.
Trump weighs retirement, education funds for home buying
A new move that would open up more use of certain dedicated savings accounts for home purchase purposes is under consideration, according to Politico.
Latest jobs report quashes rate cut expectations
Lenders shouldn't expect the latest jobs numbers to yield major monetary policy moves after the unemployment rate came in mostly flat last month, experts say.
Mortgage credit slips from peak as conforming products retreat
Across-the-board decreases across all loan types drove the Mortgage Bankers Association's full credit availability index to its lowest in three months.
Home-price appreciation slows toward end of year
National home prices grew monthly and annually in October, but considerably less than last year, according to S&P Dow Jones Indices.
HUD says 50-year still on table, industry eyes challenges
The additional research Secretary Scott Turner acknowledged would be required should include a cost-benefit analysis, mortgage professionals suggested.
Fannie Mae ups mortgage originations outlook
Fannie Mae sees growth in refinance activity pushing volumes upward, but flattening purchases will temper lender momentum, according to its December report.
Why 2026 could be the mortgage industry’s reset year
Our experts expect a mortgage market reset in 2026 with an uptick in originations, but warn lenders not to skimp on compliance even as the reins loosen.
Mortgage rates flatline following recent Fed cut
While the 30-year average has hovered near the same level for weeks, the past year brought with it promising trends that may ease affordability in 2026.
Lower rates drive best November lock activity in years
November rate locks fell seasonally but hit their strongest level since 2021, led by refis, while lenders shifted more loans to the GSE cash window.
Mortgage rates tick down for first time this month
After three consecutive weeks of increases, the 30-year fixed mortgage rate dropped 0.3 basis points to 6.23% this week, according to Freddie Mac.
Non QM securitization broke records in 3Q: Morningstar
New private-label bonds collateralized by loans made outside the qualified mortgage definition hit highs for the month, quarter and year, CreditFlow data shows.
Fitch flags cooling housing market through 2027
While Fitch and Kroll have differing views on mortgage rates next year, both are looking for mortgage delinquencies to rise in their rated portfolios.
50-year mortgage plan piles on interest, analysis finds
A 50-year mortgage would make borrowers susceptible to higher interest rates, significantly more payable interest and slower equity gains, LendingTree analysis showed.
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