Homebuyer demand sags as mortgage rates stay range bound
Applications for purchase mortgages drops for a 5th consecutive week to the lowest level since October as mortgage rates continue to hover above 6%, MBA lender surveys show
by Matt Carter Jan 7
Fannie, Freddie regulator vows to protect consumers from rising credit report fees
FHFA Director Bill Pulte's social media post dented Equifax, Experian and TransUnion shares as the Mortgage Bankers Association renewed calls to do away with tri-merge reporting
by Matt Carter Jan 6
FHA builds record reserves against a gathering storm of delinquencies
With delinquencies and debt-to-income ratios on the rise, the Trump administration is lifting foreclosure restrictions and eyeing tighter underwriting for borrowers with multiple risk factors
by Matt Carter Jan 2
Experts agree a rosier market is coming in 2026. But specifics vary
More sales, stubborn rates, home price growth. Here's where 5 major groups landed on the housing market in 2026
by Taylor Anderson Dec 31
He's been at the MBA and Fannie Mae. Here's who he thinks has the better 2026 mortgage forecast
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more
by Matt Carter Dec 31
Fannie and Freddie's low-income homebuyer goals dialed back
The Trump administration claims quotas for low-income borrowers hurt the middle class. Consumer groups say multitudes of working class and minority homebuyers will be sent packing.
by Matt Carter Dec 24
Home sales could inch up even if growth stays sluggish next year
Home sales should break through the 5M mark next year as more inventory gradually comes on the market and home prices decline, economists at the Mortgage Bankers Association predict
by Matt Carter Dec 22
Cotality and Ascend licensed to generate FICO scores for lenders
Fair Isaac's Mortgage Direct License Program is aimed at eliminating mark-ups charged by credit reporting agencies Equifax, Experian and TransUnion — backers of competing VantageScore
by Matt Carter Dec 18
Mortgage demand dips as Fed signals cautious approach to rates
Homebuyer demand is still stronger than a year ago, but seasonal shifts have pushed the mix of business toward refinancing, which accounted for 59% of loan applications last week
by Matt Carter Dec 17
Inventory tightens up as new listings tank: Redfin
As Americans become immersed in the hustle and bustle of the holiday season and buyer demand softens, homesellers are pulling back from the housing market
by Lillian Dickerson Dec 11
Homebuyer demand stays strong as mortgage rates stabilize near 2025 lows: MBA lender surveys
With mortgage rates still hovering near 2025 lows, purchase loan applications hit their second-highest level of the year last week after adjusting for seasonal factors
by Matt Carter Dec 10
Jerome Powell
The 9-3 split vote reflects differing views on whether the central bank's biggest worry is inflation or rising unemployment, with data lagging after the government shutdown
by Matt Carter Dec 10
federal flood insurance lapse
Real estate industry groups expect lawmakers to pass a temporary reauthorization of the National Flood Insurance Program, but push for a long-term solution that includes reforms
by Matt Carter Dec 9
stop losing real estate deals
Tighter inventories in some markets have helped firm up home prices in recent months, so many homebuyers will remain stretched unless mortgage rates keep falling
by Matt Carter Dec 8
Inflation eases, but mortgage rates don't as investor worries remain
While a Dec. 10 Federal Reserve rate cut is now seen as a lock, MBS investors who fund most home loans aren't as bullish that the central bank will cut rates aggressively in 2026
by Matt Carter Dec 5