Mortgage applications rise as purchase demand strengthens
Mortgage rates rose amid geopolitical volatility after briefly dipping below 6% earlier in March
by AJ LaTrace Mar 11
Fannie and Freddie cleared to back loans of up to $832,750 in 2026
The $26,250 increase in Fannie and Freddie’s baseline single-family conforming loan limit is the smallest since 2020, but pushes the ceiling in high-cost markets to $1.25M
by Matt Carter Nov 25
A listing with a for-sale sign and snow flakes falling to represent a listing that has gone cold or that isn't selling.
If your listing has been sitting on the market for too long, trainer Bernice Ross shares 5 elements of a successful strategy to get it sold
by Bernice Ross Aug 20
Homebuyer purchase loan demand falls again as mortgage rates firm
After picking up during the first 3 weeks of January, MBA lender surveys show applications for purchase loans are contracting, with mortgage rates no longer in free fall from 2023 highs
by Matt Carter Feb 7
Power buyer Knock says it will now work with any lender or agent
Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home
by Matt Carter Jan 24
Defy Mortgage launches as new player in non-QM lending
Nashville, Tennessee-based lender to serve entrepreneurs and gig workers nationwide, accepting alternative forms of income and assets including cryptocurrency
by Matt Carter Jan 10
The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?
Redwood Trust, which issues 'jumbo' loans that are off limits to Fannie and Freddie, said in a new critique that costlier markets are better served by private lenders
by Matt Carter Dec 8
Exterior view of Custom styled home with manicured lawn and landscaping.
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
by Matt Carter Jul 12
As mortgage rates drop, loan applications rise 2.9%
The market composite index, which measures mortgage loan application volume, increased by 2.9% on a seasonally adjusted basis. On an unadjusted basis, the index rose by 2.0%
Wells Fargo suspends jumbo mortgages as demand fades
In this uncertain market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans during the Covid-19 crisis
DC a national leader in better-than-jumbo mortgages
Loans of $500,000 or more still prevalent, and gaining popularity, in some markets
by Kimberley Sirk Nov 20
SoFi says ‘so what?’ to traditional mortgage lending
Nonbank lender specializes in offering jumbo loans to early-stage professionals with unique financial circumstances
by Amy Tankersley Jul 2
Mortgage credit availability eases up
MBA’s April analysis shows credit standards loosened thanks to new government mortgage offerings
by Amy Tankersley May 12
6 years later and we still can't modify or refinance our mortgage
Predatory lending experience keeps getting worse
by Bernice Ross Dec 2
Accepting last-minute, bait-and-switch offer was the only way to close on time