Origination

The average purchase loan size hit a four-month high of $447,500 as fewer home shoppers are applying for government-backed mortgage products.

The program Better Forever rewards returning mortgage customers by discounting the fee charged on their future refinance or purchase loans.

Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied.

The newly created entity, Rithm Acquisition, is a possible, albeit unlikely, way to finally take its NewRez mortgage lending business public.

Some mortgage stakeholders say Trump's tariffs would make interest rates rise and housing costs shoot up.

Excess capacity remains in the mortgage origination cycle, and lenders need to cut costs and end the boom-and-bust hiring, Boston Consulting Group said.

The company, which became a depository in 2022, will be offering affordable housing products and initiatives in 45 states and the District of Columbia.

After repeatedly blasting Janet Yellen last year over her department's strategy for issuing federal debt, it's now up to Scott Bessent to make the call on sales of Treasuries, with bond dealers conflicted over what he'll do in a pivotal release due Wednesday.

Homeownership increased the most in Connecticut between 2019 and 2024.

While it is still early to see the full impact on delinquencies, 5% fewer borrowers in these areas made their monthly mortgage payment by Jan. 17.