Originations

Prospective borrowers can secure significant square footage for often below $300,000 in these mostly Midwest cities, according to industry veterans.

A mid-month retreat in 30-year mortgage rates back below 7% along with an increase in builder incentives may have helped support demand.

Some companies are making them available for a broader range of mortgage products, and one also offers a future no-fee refinance option.

Mortgage-purchase applications were 4.6% higher in December from a month ago, per a Redfin report.

Many have called for a heavy analysis if not an outright denial of the transaction by the government, but this could finally move the needle, said former Obama Administration official and former head of the MBA David Stevens.

The partnership will expand UHM reach to new markets in Florida, Michigan, Ohio, North Carolina and California.

But the 15-year interest rate rose last week, in line with 10-year Treasury yields, as bond investors used a quiet week to reflect on broader trends.

The average monthly payment dropped by more than one percent from October.

The Federal Housing Finance Agency said it would heed the recommendation from a report by its Office of the Inspector General released this week.

Refinances saw an uptick for a third straight seven-day stretch, but purchases flattened during a typically slow home buying period, according to the Mortgage Bankers Association.