News for: HousingWire
Showing 49 - 72 of 602 results
Oct 13, 2026 9:13 AM
— Mortgage Rates
Existing home sales, housing inventory rise in September
Existing home sales increased by 1.5% month-over-month in September to an annual rate of 3.99 million but fell 2.2% year-over-year. Inventory reached 1.60 million units, maintaining a 4.8-month supply, with the median price hitting $417,500, marking 39 consecutive months of annual gains. Higher mortgage rates continue to limit buyers' affordability, although rising inventory and longer marketing t... more
Oct 13, 2026 8:58 AM
— Mortgage Rates
Mortgage rates hold at 7.63% as inflation pressures persist
Mortgage rates remained stable with 30-year conforming loans at 7.63%, FHA loans decreasing to 7.37%, and jumbo loans dropping to 7.75%. Despite this slight relief for homebuyers, inflation concerns and rising Treasury yields are keeping borrowing costs high. Experts indicate that a significant decline in rates will rely on decreased inflation and improved bond market stability, expecting gradual ... more
Oct 13, 2026 8:58 AM
— Housing Market
D.R. Horton tests Promise Robotics factory model for 1,250 homes
D.R. Horton, the largest homebuilder in the U.S., is collaborating with Promise Robotics to integrate AI-powered robotic manufacturing into its operations. This pilot program aims to construct over 1,250 homes and evaluate the efficiency of industrialized construction methods. The experimental model, known as factory-as-a-service, will help D.R. Horton test the capacity and predictability of robot... more
Oct 13, 2026 7:49 AM
— Mortgage Revenue
JPMorgan, Wells Fargo mortgage revenue falls in Q3
JPMorgan Chase and Wells Fargo reported higher net income for Q3 year-over-year, yet both banks experienced a decline in mortgage revenue. JPMorgan's mortgage originations totaled $16 billion, down 7% from the previous quarter but up 15% from a year earlier, while Wells Fargo reported home lending revenue of $743 million, down 2% from the second quarter and 15% year-over-year. Factors for the decl... more
Oct 13, 2026 4:13 AM
— Mortgage Lending
Longbridge Financial elevates Larissa Morrell to VP of product development
Longbridge Financial promoted Larissa Morrell to vice president of product development. She will lead product strategy and coordinate with teams across the company to develop and implement offerings for reverse mortgages and senior-focused home equity lines of credit. Morrell brings more than 20 years of mortgage experience and has contributed to Longbridge’s HELOC for Seniors and Platinum reverse... more
Oct 13, 2026 4:00 AM
— Housing Market
Why the Mitchells sold the builder but kept the land platform
Century Communities acquired History Maker Homes to enhance its competitiveness in the Dallas-Fort Worth market. The Mitchell family, which operated History Maker for over 75 years, chose to retain its land development and build-to-rent businesses instead of the homebuilding operation, highlighting a strategic shift towards capital efficiency by separating homebuilding from land development. This ... more
Oct 13, 2026 3:00 AM
— Mortgage Rates
Why the Fed wants more rate hikes
In this episode, Editor in Chief Sarah Wheeler discusses with Lead Analyst Logan Mohtashami the current state of The Fed, its impact on mortgage rates, and the challenges related to housing inventory.
Oct 13, 2026 2:58 AM
— Housing Market
Housing Market News and Commentary
The article provides an update on the housing market, indicating that the inventory of homes available has decreased slightly to 898,139. The median list price for homes has also declined, now at $435,000, which is a reduction of $1,490. Homes are taking an average of 70 days to sell, showing no change, while there has been a slight increase in price reductions, now at 42.89%.
Oct 13, 2026 12:54 AM
— Housing Market
Housing Market News and Forecast from Industry Experts at HousingWire
The article explains how rising mortgage rates and low housing inventory weakened homebuying demand in 2022, while lower rates could restore buyers’ purchasing power. It cites analyst Logan Mohtashami, who argues that increasing housing supply is key to stabilizing the market and controlling inflation without triggering a job-loss recession. He expects the coming year to be pivotal and cautions ag... more
Oct 13, 2026 12:28 AM
— Mortgage Lending
Figure AI Loan Assistant Targets Abandonment & Mortgage Growth
In an interview with HousingWire, Figure CEO Michael Tannenbaum discussed how mortgage lenders can achieve growth through AI, product diversification, and capital markets innovation, especially in a challenging rate environment. He emphasized the need for lenders to adopt technology and develop new products to improve borrower engagement and operational efficiency, pointing out that new offerings,... more
Oct 13, 2026 12:05 AM
— Mortgage Lending
Affordability After Closing & the Lender Role
The mortgage industry has historically focused on helping borrowers close on homes, emphasizing affordability through interest rates and down payment solutions. However, many new homeowners, especially first-time buyers, face post-closing expenses like property taxes, insurance, maintenance, and repairs, which can strain their finances. A significant 63% of people underestimate these ongoing costs... more
Oct 12, 2026 9:48 PM
— Mortgage Rates
Mortgage News Delivered Daily from HousingWire
The article highlights HousingWire’s mortgage news coverage and its role in helping industry professionals track market developments. It notes that strong employment data initially pushed bond yields higher in December 2022, while Federal Reserve policy and the possibility of a slowing labor market could reshape the economy and housing market in 2023.
Oct 12, 2026 3:24 PM
— Mortgage Rates
Housing Market News and Forecast from Industry Experts at HousingWire
The housing market has been significantly affected by rising mortgage rates and low inventory in 2022, impacting buying demand. Industry professionals recognize the cyclical nature of the market, anticipating that higher rates will decrease demand while lower rates are likely to enhance consumer buying power and stimulate home buying activity.
Oct 12, 2026 1:03 PM
— Mortgage Lending
Compass sued by former Anywhere shareholders over merger disclosures
Former Anywhere shareholders have initiated a proposed class action lawsuit against Compass, claiming that the company made misleading statements related to the merger between Compass and Anywhere. The lawsuit alleges that Compass falsely asserted its compliance with regulatory requirements and its commitment to obtaining necessary authorizations for the merger. Investors seeking to lead the class... more
Oct 12, 2026 11:52 AM
— Mortgage Lending
Global equity release market projected to hit $52B by 2035
The global equity release market is anticipated to grow substantially, reaching $52.1 billion annually by 2035, up from $17.7 billion today. This growth is driven by the needs of aging populations for retirement funding. The U.S. and U.K. are expected to lead in market volume, although challenges like funding access and consumer awareness persist. Despite geopolitical challenges and high interest ... more
Oct 12, 2026 11:19 AM
— Mortgage Lending
Renovation loans could expand Hispanic homeownership options
The article discusses the challenges faced by buyers in the lower-priced home segment due to the need for repairs, which increases competition from investors. It advocates for the increased use of FHA 203(k) and conventional renovation loans as solutions, emphasizing the importance of collaboration among lenders, contractors, and insurers.
Oct 12, 2026 11:18 AM
— Mortgage Rates
Mortgage News Delivered Daily from HousingWire
HousingWire provides comprehensive mortgage news coverage, focusing on market dynamics, competitor performance, and expert forecasts for the unusual housing market of 2023. With the evolving economic landscape influenced by the Federal Reserve's actions, particularly regarding mortgage rates, staying informed is crucial for making informed lending decisions. The article emphasizes the need for ind... more
Oct 12, 2026 10:13 AM
— Mortgage Lending
Optimal Blue acquires Usherpa, deepens Fannie Mae direct lock integration
Optimal Blue has acquired Usherpa, a mortgage-oriented marketing automation and borrower engagement platform, to enhance borrower outreach and streamline workflows for over 200,000 originators. The integration aims to improve personalization and efficiency by merging product pricing and eligibility with CRM functionalities. This acquisition will allow Usherpa to continue serving mortgage professio... more
Oct 12, 2026 10:13 AM
— Housing Market
Why private homebuilders are getting M&A premiums right now
Private homebuilders are experiencing high valuations compared to public builders due to demand for large-scale operations and substantial lot pipelines. Whelan Advisory predicts that the momentum in mergers and acquisitions (M&A) will persist, potentially leading to a significant merger among major players in the homebuilding sector, despite challenges such as low consumer confidence, high mortga... more
Oct 12, 2026 9:53 AM
— Mortgage Lending
MBA targets credit bureaus, signals tri-merge reform nears
At the MBA’s 2026 Annual Convention in Chicago, CEO Bob Broeksmit urged the FHFA and credit bureaus to reconsider the necessity of mandatory tri-merge credit reports, arguing that the current model is outdated and inefficient. He emphasized the importance of credit reports over credit scores, advocating for a single-pull credit report especially for lower-risk loans to help lenders manage tighter ... more
Oct 12, 2026 9:00 AM
— Mortgage Lending
Why eXp Realty chose Newrez for its next mortgage joint venture
eXp Realty and Newrez announced their new mortgage joint venture, Revenos Mortgage, set to launch in January 2027. This venture aims to focus on purchase lending and enhance product offerings, as well as agent education, following the dissolution of Success Lending with Kind Lending. Executives from both companies expressed optimism about the opportunities this partnership presents within the real... more
Oct 12, 2026 8:18 AM
— Mortgage Lending
MBA, FirstHome IQ partner to launch MBA Homebase
The Mortgage Bankers Association (MBA), in collaboration with FirstHome IQ, has launched MBA Homebase, a professional development platform aimed at mortgage loan officers. This platform offers NMLS-approved continuing education, coaching, Trust Certification, networking, and advocacy participation. It is designed to help loan officers enhance their businesses and borrower relationships, and it was... more
Oct 12, 2026 8:09 AM
— Mortgage Market
Mortgage News Delivered Daily from HousingWire
HousingWire’s mortgage news coverage offers updates and analysis to help industry professionals respond to changing market conditions. In December 2022, strong employment data initially pushed bond yields higher, while Federal Reserve policy and expectations of a slowing economy shaped the outlook for 2023. The article also notes that Homepoint offers buyers upfront cash to strengthen purchase off... more
Oct 12, 2026 6:40 AM
— Mortgage Lending
FirstClose, Cotality form alliance to streamline home equity lending
FirstClose and Cotality formed an alliance integrating loan application and order-management tools with property, valuation, flood, tax, title, and condition services. The combined platform aims to streamline home equity lending from application through funding and enable closings in as little as seven days.
DISCLAIMER: LoanGlass (previously known as mortgage-rates.ai) is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. LoanGlass is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
Help Us Help You
What would make LoanGlass more useful to you?
Thanks!
We appreciate your feedback.