Mortgage Bankers Association

The Federal Housing Finance Agency has repeatedly reconsidered whether to add a language question to the GSEs' loan application, but its new director's latest call may finally resolve the question.

Jumbo loan product availability continued climbing and reached an all-time high in July, but it wasn't enough to stop overall credit standards from tightening, according to the Mortgage Bankers Association.

The economic tensions between the U.S. and China drove interest rates down last week, leading to a surge in refinance applications, according to the Mortgage Bankers Association.

Purchase mortgage applications continue to decline, falling to their lowest level since the start of the spring, as supply constraints limit homebuyer activity, according to the Mortgage Bankers Association.

President Trump has signed the Protecting Affordable Mortgages for Veterans Act, which aims to address concerns that rules around certain VA refinances were impeding those loans' inclusion in secondary market pools.

Fewer consumers applied for mortgages last week even as interest rates declined by 3 to 4 basis points for all product types, according to the Mortgage Bankers Association.

Higher interest rates led to a 1.1% seasonally adjusted decline in mortgage applications compared with the previous week, according to the Mortgage Bankers Association.

After two strong months, applications to purchase newly constructed homes retrenched a bit as broader policy issues weighed on consumers, according to the Mortgage Bankers Association.

A decline in refinancings led to a drop in mortgage application volume last week, even though purchase activity continues to rise, according to the Mortgage Bankers Association.

With affordability still an issue despite falling interest rates and harnessed home value growth, lenders further loosened credit standards in June, according to the Mortgage Bankers Association.