MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling as weak jobs reports and more encouraging inflation data point to Sept. 17 Fed rate cut
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets
MBA lender survey shows applications from homebuyers are down 12% from a year ago, as mortgage rates continue to rebound from December lows on stubborn inflation data
Rebranding and tighter integration of Truebill into Rocket platform is part of a broader effort to transform the company's stable of more than a dozen brands into a fintech platform
Lender hopes to cut up to $400M in annual expenses and become profitable by the end of the year, after rising mortgage rates gut profitable refinancing business
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
CEO Mat Ishbia champions mortgage brokers as key to future growth
Those born between 1981 and 1996 made up the majority of potential buyers in 43 out of the 50 largest markets
Research firm 'optimistic' that applications will bounce back