Origination

The increase is the first since 2018 and, combined with reductions in the mortgage and Treasury bond portfolio, it could drive 30-year home loan rates to 4.5% by year-end.

Purchases increased, but refinance activity cooled again due to rising rates.

The Federal Open Market Committee is all but certain to raise rates by a quarter percentage point at the conclusion of its two-day policy meeting.

An increase in loan-limit size and the rapid growth of home equity fueled interest in reverse mortgages in January.

An investor alleged the independent mortgage bank failed to disclose the revenue hit from a refinance dip at the time of its initial public offering.

The mortgage payments fintech completed a $31 million Series C capital raise with Bain Capital Ventures and SignalFire as the lead investors.

All indicators show that the renting market is heating up, as would-be buyers of houses increasingly turn to rentals because they can’t find — and can’t afford — their dream houses.

About 30% of U.S. office buildings are at high risk of becoming obsolete as tenants’ tastes change in the hybrid-work era.

Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.

These are the first partnerships the Encompass software creator has made with outside providers and more such integrations are expected, company leadership said.