Demand for purchase loans picks up for the 4th straight week as mortgage rates continue to retreat from 2023 highs, according to a Mortgage Bankers Association survey on Wednesday
Past periods of high inflation and high rates — be it in 1979, 1980 or 1990 — have caused the housing market to stall. But they also didn't crush it forever, according to an Inman analysis
Fannie Mae economists say downturn won't rival the 2008 financial crisis, but jumbo mortgages and construction loans could get scarce if small and midsized regional banks tighten
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
The unusually wide 'spread' between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down
Fannie Mae says starting April 15, more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property
Industry groups continue to object to new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and middle-class consumers
Struggling mortgage lender also assures investors that it has moved $225M in cash it held at Signature Bridge Bank to another institution
Bank failures and slowdown in wage growth have forecasters thinking the Federal Reserve will back off from aggressive rate hike campaign when it meets next week
Fannie Mae's National Housing Survey shows Americans were feeling less secure about keeping their jobs in February, and nearly 8 in 10 think it's a bad time to buy a home
Properties must be eligible for an appraisal waiver, and like Better's 'One Day Mortgage,' some fine print can stand in the way of getting a loan approved in 24 hours
Black Knight data shows new listing volume down 25% in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown
Companies say that instead of laying off workers, they're trimming their payrolls through attrition or by offering voluntary buyouts
Through Better's Equity Unlocker program, borrowers pay a higher interest rate and Better can seize pledged shares if owners default or try to sell their stock before paying off their mortgages
By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship