Origination

Sentiment among homebuilders rose in August to match its 2019 high as mortgage rates tumbled, though a weaker outlook signaled concern that any gains will be temporary as investors fret about an economic downturn.

Sales activity in the metro Atlanta housing market has chilled this summer, but prices continue to rise steadily, according to a report released this week.

Mortgage rates remained unchanged this past week even with all of the upheaval in the bond markets that pushed long-term Treasury yields down, according to Freddie Mac.

The majority of young adults and consumers in coastal housing markets claim climate change will affect their homes or communities, which could influence where they consider buying a house, according to Zillow.

Massachusetts home sale agreements shot up 9% in July, compared to a year ago, and the median price of a single-family home put under agreement last month rose to almost $440,000.

Mortgage activity fell at the start of the year, but lower mortgage rates are boosting refinance volume, and Generation Z is starting to creep into the housing market, according to TransUnion.

The Department of Housing and Urban Development will remove some barriers to government-insured condominium lending next month, including a post-crisis measure housing industry groups have long complained about.

Angel Oak is now offering mortgage brokers and correspondent loan sellers a prequalification tool to determine borrower eligibility for non-qualified mortgages.

The U.S. government bond market sounded alarms Wednesday as investors fleeing riskier assets drove the 30-year bond's yield to a record low and the 10-year yield fell below the two-year for the first time since 2007.

While last week's large drop in interest rates sparked a surge in refinance activity, purchase mortgage application volume increased for the first time in over a month, according to the Mortgage Bankers Association.