Mortgage News
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News for: National Mortgage News
Showing 193 - 216 of 402 results
Oct 27, 2025 1:52 PM
— Mortgage Rates
Mortgage rates, home prices improve in Fannie Mae forecast
Fannie Mae is positive about the economic and housing outlook, with improvements in profitability driving decisions. Total mortgage origination volume is expected to exceed $2 trillion by the end of the year. FHA loans contributed to an increase in foreclosure starts. Mortgage rates have been impacted by a 16 basis points increase in the 10-year Treasury yield.
Oct 27, 2025 3:05 AM
— Housing Market
ICE's Andy Walden: FHA performance a "yellow flag" right now
FHA loans accounted for a significant portion of the rise in foreclosure starts and active foreclosures in September. Popular and other banks are ending mortgage operations in 2025 to improve profitability. There were more sellers than buyers in the market last month. Claims in a Loan Think column about credit scores and resellers in mortgage lending were found to be misrepresented. Contract closi... more
Oct 23, 2025 9:58 AM
— Interest Rates
Mortgage rates fall to lowest mark in over a year
Economists expect the Federal Reserve to continue cutting rates, but other factors may have a greater impact on mortgage lending. The 30-year fixed rate mortgage interest rate average is at a 2025 low. The government shutdown and lack of data are keeping mortgage rates in a narrow range, leading to uncertainty among investors.
Oct 22, 2025 2:25 PM
— Housing Market
Fannie Mae names Akwaboah acting CEO, replacing Almodovar
Fannie Mae's Chief Operating Officer, Peter Akwaboah, has taken on the role of acting CEO after Priscilla Almodovar's departure. Industry experts remain optimistic about technology in the mortgage industry while emphasizing the importance of human qualities like empathy and trust. Homeowner equity has decreased due to declining housing prices, although tappable amounts remain high. A new executive... more
Oct 22, 2025 1:25 PM
— Mortgage Rates
Many Americans ho-hum about new Fed rate cut, survey finds
Despite concerns over whether the Federal Reserve will reduce short-term rates again this year, many Americans do not seem to be bothered. Lenders have already accounted for the decision to cut short-term rates for 30-year home loans, with other mortgage products expected to benefit. Top industry experts are optimistic about technology but emphasize the importance of human traits like empathy and ... more
Oct 22, 2025 8:42 AM
— Mortgage Rates
Purchase apps languish even though mortgage rates decline
Conforming mortgage rates dropped by 5 basis points leading to an increase in loan refinance application volume, although overall activity decreased overall compared to the previous week. New-home loan activity in August increased by 1% year over year, but applications fell by 6% from July. Mortgage applications rose by 0.6% last week after a significant jump the week prior. Despite these increase... more
Oct 21, 2025 11:31 AM
— Housing Market
How mortgage companies aim to aid borrowers amid shutdown
The housing finance industry is working to keep payments and originations on track as borrowers potentially face job interruptions due to the government shutdown. New-home mortgage applications dropped, but the annual sales pace was the strongest in over a year. Some lenders have workarounds for the Federal Housing Administration's suspension of reverse mortgage endorsements. Builders are cutting ... more
Oct 20, 2025 9:25 AM
— Mortgage Lenders
Rocket layoffs related to Mr. Cooper deal get underway
Rocket Companies confirmed layoffs following the acquisition of Mr. Cooper and Redfin. Jay Bray will become the new president and CEO as part of the acquisition. Mortgage Bankers Association economist Marina Walsh noted that lenders could struggle to close loans as more consumers apply with multiple originators. Rate-and-term transactions increased significantly in September.
Oct 19, 2025 12:24 AM
— Interest Rates
Federal Reserve
The article discusses the Federal Reserve's plans to address the federal deficit, the possibility of cutting interest rates, and the impact on the economy. Various experts have provided insights on inflation, interest rates, central bank policies, and the mortgage lending market.
Oct 16, 2025 9:28 AM
— Mortgage Rates
Mortgage rates move lower, driven by shutdown uncertainties
Mortgage rates decreased for the second consecutive week as the 10-year Treasury approached falling below 4%. The government is pushing for lower-cost home creation which could impact mortgage rates in the future. The Federal Reserve is expected to cut short-term rates which may further impact mortgage rates.
Oct 14, 2025 9:25 AM
— Interest Rates
Lower rates fuel big September refi spike
The article discusses how falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes. It also mentions increases in new-home loan activity, declines in applications, rising incomes improving buyer affordability, and record home prices remaining obstacles.
Oct 13, 2025 5:26 AM
— Mortgage Rates
Mortgage fraud risk rising as housing market struggles
Mortgage fraud risk at its highest level in over three years due to undisclosed real estate debt and transaction misrepresentations. The contract rate on a 30-year mortgage fell to 6.49% in the week ended Sept. 5, leading to a rush in refinancing but a decline in overall lock volumes. Total mortgage origination volume is forecasted to barely eclipse $2 trillion by the end of the year for the first... more
Oct 11, 2025 4:06 AM
— Housing Market
Forecast calls for originations to surpass $2 trillion this year
Total mortgage origination volume is projected to surpass $2 trillion for the first time since 2022. Refinancing indicators showed muted gains as home sales challenges persisted. Housing starts fell to the lowest level since May. Fannie Mae projects mortgage rates to hit 6.3% and 5.9% in 2025 and 2026. John Roscoe and Brandon Hamara have been appointed co-presidents at a government-sponsored enter... more
Oct 9, 2025 2:24 PM
— Mortgage Rates
Shutdown hampers rates, rural, HECM and niche condo loans
The ongoing government shutdown has created rate uncertainty, caused disruption in specialized mortgages, and slowed down mainstream mortgage business. Lenders are adapting their tactics to keep loans moving despite the challenges presented by the shutdown.
Oct 9, 2025 9:58 AM
— Mortgage Rates
How mortgage rate have been affected by federal shutdown
The federal government shutdown and delay in the monthly employment report caused a small movement in mortgage rates. President Trump requested help from Fannie Mae and Freddie Mac to restore the American Dream. Antitrust lawsuit alleges over two dozen mortgage companies shared sensitive loan origination information.
Oct 9, 2025 6:26 AM
— Mortgage Lenders
Optimal Blue suit alleges cartel-style mortgage fixing
A new class action lawsuit accuses Optimal Blue and 26 lenders of price fixing and inflating mortgage costs for consumers. The lender is seeking to dismiss the lawsuit, claiming the scheme is implausible. Falling interest rates led to increased refinancing activity but a decline in overall lock volumes due to slowing purchase activity.
Oct 7, 2025 3:24 AM
— Housing Market
New data shows where refinance incentives are growing
Market conditions for home loans have improved, with a notable increase in rate-and-term transactions, cash-outs, and purchase loans. Falling interest rates led to a rush in refinancing, but slowing purchase activity caused a decline in overall lock volumes. Washington, D.C. and Denver have the largest share of mortgaged households, leading to a potential shift in buyer demand.
Oct 4, 2025 3:24 AM
— Mortgage Lenders
UWM downgraded by Morgan Stanley on stock valuation risk
An analyst at Morgan Stanley downgraded UWM Holdings due to valuation risk. Default notices, scheduled auctions, and REOs are up double digits compared to last summer. Former Mr. Cooper CEO Jay Bray will become Rocket Mortgage's president and CEO. The company will now consider loans up to $819,000 as government-sponsored enterprise-eligible. President Trump wants government-sponsored loan buyers t... more
Oct 3, 2025 2:24 PM
— Mortgage Rates
Mortgages with rates at or above 6% hit 10-year high
The share of homeowners in the United States with mortgage rates of at least 6% hit a 10-year high. Additionally, there were more sellers than buyers in the market last month, with August's views on buying conditions and rates increasing over July. U.S. homeownership has slipped year-over-year, while contract rates on 30-year mortgages fell 15 basis points.
Oct 3, 2025 11:34 AM
— Mortgage Rates
Bond yields sank — so why aren't mortgage rates following?
The article discusses the mixed picture in mortgage rates emerging after the start of the U.S. government shutdown. The 30-year fixed rate mortgage experienced fluctuations, including declines and increases, influenced by factors such as the Federal Reserve meeting and movements in the 10-year Treasury yield. Various sources reported different changes in mortgage rates, with some predicting a redu... more
Oct 3, 2025 11:33 AM
— Mortgage Lenders
Homeowners sue D.R. Horton over hidden mortgage costs
A group of homeowners filed a class action lawsuit against the largest homebuilding company in the United States and its mortgage lending subsidiary over alleged deceptive mortgage schemes. The lawsuit accuses Village Capital of failing to pay full price for servicing assets and refusing to reimburse Change for a large Ginnie Mae payment.
Oct 3, 2025 3:26 AM
— Mortgage Lending
FICO's new pricing program met with cautious optimism
Fair Isaac Corp. is introducing a new program that allows mortgage resellers to deliver FICO credit scores directly to lenders, bypassing the major credit bureaus and potentially reducing costs. The government can potentially lower closing costs, offer tax incentives, and reduce interest rates in various ways. Industry trade groups are cautiously optimistic about this shift.
Oct 2, 2025 11:34 AM
— Interest Rates
How potential changes to the GSEs could affect mortgage rates
Some government-sponsored enterprise reform models could potentially increase monthly mortgage payments by three or four figures, while others may have a limited downward effect. Housing experts discussed government support for long-term fixed-rate mortgages at a Cato Institute event. The potential Fed rate cut is creating hopes for lower mortgage rates, which could impact the mortgage market sign... more
Oct 2, 2025 7:27 AM
— Housing Market
Agencies issue shutdown-related guidance for lenders
A government shutdown due to a partisan budget divide has prompted bond investor activity that could lower mortgage rates and challenge the housing market. Various legal actions, including lawsuits, against lenders and homebuilders are also mentioned.
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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.
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