Origination

The 30-year fixed mortgage rate moved up for the seventh consecutive week with further increases possible as bond yields rise over concerns about higher inflation.

Private mortgage insurance continued to take market share from the Federal Housing Administration in 2017, with both products outpacing the growth in mortgage debt outstanding.

A $300 rent hike threw Noemi Hernandez' finances into a tizzy in 2016, forcing the part-time cashier to apply for food stamps and curtail spending on other things. A year later, her rent went up another $160.

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

Metro Denver's chronic shortage of existing homes for sale will push more buyers towards new home communities this year. But those buyers won't find much relief from tight supply and rising prices.

The Chicago bank is denying a report that its CEO, Steve Calk, made $16 million in mortgage loans to former Trump campaign chairman Paul Manafort in exchange for a job in the White House.

The deadline to participate in the Top Producers Survey is Wed. Feb. 28 at 6 p.m. EST. The 20th annual loan officer ranking has a number of new features to highlight the accomplishments of the industry's top performers.

Refinance mortgages accounted for 45% of mortgage volume, the highest share in a year, according to Ellie Mae.

With 30-year mortgage rates reaching a four-year high, loan application activity was lower this past week, according to the Mortgage Bankers Association.

Nearly 50 years after the federal Fair Housing Act was signed into law, banning racial discrimination in lending, black prospective homebuyers in the St. Louis area continue to be denied conventional mortgage loans at a much higher rate than whites.