Originations

All major averages have risen to start 2022, with the 15-year surpassing the ARM.

December's average balance for a mortgage to purchase a newly constructed property set an all-time high, the Mortgage Bankers Association's Builder Application Survey found.

Influencer loan officers are aiming to reach the largest emerging group of homebuyers, one super-short video at a time.

Home valuation professionals have had mixed feelings about automation out of concern that some forms could result in less accurate assessments.

The new offering’s loan structure is designed to hedge against digital currency's price volatility.

Modest reductions were made to the 2021 and 2022 outlooks, although the government-sponsored enterprise did boost purchase expectations for this year.

But a surge in purchases led overall mortgage volumes to a weekly gain and pushed average loan size to a new record.

The settlement is a reminder that officials who oversee the loan officer licensing system do actively police the fulfillment of professional requirements by loan officers.

While the normal holiday season pattern contributed to the December drop-off, potential buyers also need to make offers on multiple properties before winning a home, Redfin said.

Average prices were up 15% compared to the same month in 2020.