Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie Mae and Freddie Mac
Applications for purchase loans have dropped 4 weeks in a row, plummeting by a seasonally adjusted 10% last week, according to a survey of lenders by the Mortgage Bankers Association
Troubled New York Community Bancorp is reportedly ready to pledge about $5B in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital
The trend could bode well for the spring homebuying season, the Mortgage Bankers Association said Wednesday, but Federal Reserve policymakers may take their time before cutting rates
Demand for purchase loans has picked up in 5 of the last 7 weeks as mortgage rates continue a dramatic retreat from October highs on expectations of Fed rate cuts
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
Loan applications slip to lowest level since 1995 as mortgage rates climb for the 7th week in a row, according to a weekly survey of lenders by the Mortgage Bankers Association
Homebuyer demand for mortgages inched up slightly last week, as rates climbed to the highest level in more than 2 decades, according to the Mortgage Bankers Association's weekly survey
Following Rocket's lead, UWM and Guaranteed Rate say they'll price mortgages of up to $750K as if they're eligible for purchase by Fannie Mae and Freddie Mac in anticipation of 2024 increases
Economists are scratching their heads, and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen in more than 2 decades
Applications for FHA mortgages and conforming loans backed by Fannie Mae and Freddie Mac were up last week even as rates crept back toward 2023 highs seen in August
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as latest inflation data out Wednesday doesn't ruffle investors who fund most mortgages
Jumbo loan rates higher than conforming mortgages for 3rd week in a row as spread widens to 16 basis points, latest MBA lender survey reveals
Mortgage rates are expected to ease as markets anticipate Federal Reserve policymakers will raise rates just 1 more time this year and then reverse course
Homebuyer demand for purchase loans up 8% last week even after adjusting for the expected seasonal boost from the spring homebuying season