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Housing starts in the US fell in October to the lowest level since the onset of the pandemic as data delayed by last fall's government shutdown showed builders continued to cut back amid still-high prices and mortgage rates.

The rule, effective July 7, puts into place requirements similar to those for banks, except nonbanks do not have to make community investments or grants.

The 30-year fixed remains in its current range, but most expect the rate to reach 6% for 2026, and one observer feels it could actually break under this point.

Across-the-board decreases across all loan types drove the Mortgage Bankers Association's full credit availability index to its lowest in three months.

Loanlogics rolled out the LoanBeam NQM income analyzer in October and has four users for the non-qualified mortgage underwriting technology, including Pennymac.

The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022.

Blackstone stock fell by as much as 9.3% after Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes."

Although some of the cohort surveyed were flush with savings, others admitted having precarious debt situations and steadfast attitudes toward luxury purchases.

The number of remodeling establishments hit at a record high earlier this decade and now accounts for over 60% of home construction-related businesses.

Kind Lending, Class Valuation, also add CFOs, Mortgage Capital Trading boosts artificial intelligence efforts and Acra welcomes an industry veteran.

A majority of recent sellers said they offered to cover closing costs, with many also buying down mortgage rates, according to a new report from Zillow.

After piercing the 7% ceiling in January, the 30-year fixed trended lower the rest of the year, dropping 89 basis points from peak to trough, Freddie Mac found.

The new regulation, which passed overwhelmingly in the state legislature, would allow insurers to remove wildfire protections from standard homeowners policies.

This year it took a homebuyer seven years to save for a typical down payment on a house, compared with 12, according to Realtor.com.

A modest improvement in prices and mortgage rates encouraged buyers. Signings have now increased for four straight months, matching a pandemic streak.

Patrick Terrance Donlon, CEO of Trusted American Mortgage, settled allegations from 21 states another person took industry education courses for him.

Monetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before

The 30-year fixed rate mortgage dropped 3 basis points this week, its lowest level since October and just over its 52-week bottom, Freddie Mac reported.

Wellness rooms, thoughtful sensory inputs and layouts that boost functionality can reduce workplace stress.

A rise in issuance of nonqualified mortgages and seconds is in the forecast but home prices, credit and the GSEs may impact private-label bonds' trajectory.