Mortgages

The 30-year fixed rate mortgage fell back under 7% this week, the Freddie Mac survey found. But Treasury yields started rising again in recent days.

it's important to look at the process involved in shopping for closing costs, the limits to lowering them and whether do so is always advisable

Twenty-year mortgage terms and lower debt-to-income ratio would more responsibly support increased homeownership than many Biden-era initiatives says the co-director of the American Enterprise Institute's Housing Center.

Higher mortgage rates will persist through 2026, affecting sales and refinancings. Those expectations led Fannie Mae to cut its volume outlook for the next two years.

Fewer consumers applied for government-backed loans last week, with average interest rates for Federal Housing Administration loans stuck in the high 6% range.

Broward County in Florida has the highest property tax increase since 2019, at 56.80%.

Fees falling outside of tolerances cost the industry more than $1 million per 1,000 loans, according to an ICE Mortgage Technology study from earlier this year.

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The Consumer Financial Protection Bureau released a proposed version of the consent order on Jan. 17 and the company involved said it was finalized that day.

Bright Financial denied the allegations that the company and its affiliates paid kickbacks to real estate brokers and agents in exchange for referrals.

Mortgage companies are looking for ways to open up credit to more borrowers, but insurance-cost spikes have made a difficult situation more challenging.

Part one of five in a series: TRID and the regulatory landscape.

With the Fed continuing to run off its balance sheet, both in terms of securities investments and reverse repurchase agreements, demand for risk-free collateral is rising even as production volumes fall, writes Whalen.

Impacted borrowers should anticipate some breaks from insurance coverage and home loan payments, but timelines and relief funds could vary significantly.

Mortgage applications for newly constructed homes continued to increase on a year-over-year basis, as existing home listings remain constrained.

Legal arguments in this case hinge on whether products offered by HEI platforms should fall under the Truth in Lending Act.

Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.

The loss mitigation directives place limits on options and include a long ramp-up period that could accommodate future change from new leadership in Washington.

A gauge of the outlook for home purchases over the next six months dropped 6 points to 60, the first decline since June, according to the NAHB and Wells Fargo.

Single-family starts, which account for most new construction, climbed 3.3% to a 1.05 million annualized rate, also the strongest since February 2024.