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The National Association of Realtors' index of contract signings increased 8.3% to 77.3 after holding at a record low a month earlier, according to data out Friday.

Purchases of new single-family homes increased 8% to a 664,000 annual pace last month, after an upward revision to November's figure, government data showed Thursday.

Connecticut issued a cease and desist order, alleging that Loansnap used unlicensed originators to solicit borrowers and accept loan applications in violation of multiple federal laws.

Lawmakers criticized the Biden administration's Risk Rating 2.0 effort — which was meant to reduce insurance premiums by developing more refined models — as ineffective, arguing that the program has increased rate premiums in vulnerable areas.

Even with the 9 basis point rise this week, they have remained at the same level since mid-December, and that should bring people into the market, Freddie Mac said.

Having the opportunity to customize their own tech stacks was a key reason behind many top producers' success, according to a new Floify survey.

Home buying demand propelled overall volumes to a third straight weekly gain, as refinances fell, the Mortgage Bankers Association said.

The Salt Lake City bank says that it doesn't expect major losses, even though its problem loans grew at the end of 2023.

While becoming more popular in the past year as mortgage rates have increased, the differential is small between those that did and didn't pay points for a permanent buydown, Freddie Mac said.

The real estate markets where prices are expected to rise the most this year will see an average increase of 5.14%.