Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

Mortgage delinquency rate hits lowest level since 1979

MBA states that the mortgage delinquency rate has fallen to the lowest rate since it started tracking this metric in 1979.

Federal Reserve raises key interest rate to 22-year high 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 

FHFA rescinds “unworkable” fee ahead of implementation 

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 

MBA: Mortgage applications rise on lower rates 

Interest rates on mortgages of all types declined last week, spurring an uptick in borrowing, the Mortgage Bankers Association reported. 

High interest rates have homebuyers looking for ways to save

As affordability remains a concern, some buyers are purchasing mortgage points.

Mortgage rates decline for fourth consecutive week

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.

MBA: Mortgage applications rise 7.4% despite increased rates 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

FHA cuts mortgage insurance premium, touts expected savings for homebuyers 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

Mutual of Omaha Mortgage acquires Keller Mortgage 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

MBA: Mortgage applications jump on lower rates 

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

MBA: Mortgage applications rise in latest weekly survey 

The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said. 

MBA: New-home mortgage applications fall in October 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

New Subscribe

  • This field is for validation purposes and should be left unchanged.