Mortgage News
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News for: National Mortgage News
Showing 193 - 216 of 389 results
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.
Oct 1, 2025 11:33 AM
— Mortgage Lenders
Mr. Cooper costs Rocket $5B more than first announced
Rocket Cos. has successfully acquired Mr. Cooper, increasing its valuation by nearly $5 billion. Investors in certain senior notes have been given a new expiration date for the closing of the tender offer and exchange. UWM's common stock price has increased significantly since July, and the company is now considering loans up to $819,000 as government-sponsored enterprise-eligible.
Sep 30, 2025 11:33 AM
— Government Shutdown Impact on Mortgage Lending
New dangers for housing in looming shutdown: How mortgage lenders can prepare
The looming government shutdown has led to a flight into treasury bonds, putting downward pressure on financing costs. Lenders are shifting tactics to keep loans moving amidst the shutdown affecting key housing programs.
Sep 27, 2025 4:24 AM
— Housing Market
Panel eyes GSEs' guarantee as public offering talks progress
Experts at a Bipartisan Policy Center event discussed the importance of preserving Fannie Mae and Freddie Mac's role in the mortgage market amid reform. Trump is considering bringing Fannie Mae and Freddie Mac back to the market in a potential IPO exceeding $1 trillion. Housing finance firms are anticipating a 25 basis point move, with potential actions going beyond that outcome.
Sep 25, 2025 10:46 AM
— Housing Market
Mortgage payment levels see fourth straight monthly drop
Home buyers experienced some relief in affordability during the summer as mortgage payment levels dropped, but challenges remain with high prices and low inventory. Refinancing showed slight improvements, but home sales continue to be difficult. Fannie Mae predicts a decrease in home sales and mortgage origination volume. Mortgage rates increased with the rise in 10-year Treasury yield. Washington... more
Sep 25, 2025 10:25 AM
— Mortgage Rates
Youthful cities to benefit more by falling mortgage rates
Cities with younger, more mobile populations stand to benefit more from decreasing mortgage rates. Refinancing indicators showed limited improvements due to ongoing home sales challenges, with potential market outlook changes ahead.
Sep 25, 2025 9:57 AM
— Mortgage Rates
Mortgage rates rise after FOMC's decision
Mortgage rates have been fluctuating, with some decreases due to expectations of a cut in short-term rates by the Federal Open Market Committee. Different sources report various changes in rates throughout recent weeks.
Sep 25, 2025 8:24 AM
— Mortgage Rates
Mortgage applications' meager gains contrast previous spike
Mortgage applications slowed down last week after increasing due to declining fixed rates. Refinances increased, but purchases decreased for the first time in four weeks. New-home loan activity rose 1% year over year in August, but fell 6% from July. The 30-year fixed rate mortgage decreased by 9 basis points, but pricing changes occurred before the Federal Reserve meeting.
Sep 23, 2025 1:25 PM
— Housing Market
Where Fannie Mae anticipates rates will head next
Fannie Mae revised their mortgage rate forecasts downward and projected higher volumes for next year. The government-sponsored enterprise also extended Michael Hutchins' term as interim CEO. A New Jersey-based bank plans to eliminate over 100 employees from its mortgage lending operations. Stakeholders are being urged to base decisions on data rather than politics related to a proposed repeal. A b... more
Sep 23, 2025 3:25 AM
— Mortgage Insurance
FHA premium cancellation bill reintroduced in the House
A bipartisan bill has been reintroduced in the House of Representatives to end the Federal Housing Administration's life-of-loan requirement for mortgage insurance coverage. Private mortgage insurance currently has a larger share of business than FHA, but the gap is expected to narrow through 2027. Mortgage rates in the US dropped significantly last week, leading to an increase in refinancing. Non... more
Sep 22, 2025 12:24 PM
— Mortgage Rates
Summer clocks in strongest buyer's market in years
This summer saw a strong buyer's market in housing, but there was a drop in refinance application submissions due to increasing conventional rates. Mortgage rates fell significantly in the recent weeks, leading to an increase in refinancing activity. Contract closings fell slightly, and there is ongoing debate about the potential public offering tied to government-sponsored enterprises.
Sep 22, 2025 4:25 AM
— Mortgage Rates
Rate gets mortgage benefit of Compass-Anywhere deal
Compass' purchase of Anywhere Real Estate has had a big impact on mortgage rates. The purchase was fueled in part by a $3.6 billion infusion to REITs. Additionally, Equifax is holding costs for scores from FICO rival Vantagescore through 2027 to drive adoption of alternative metrics. Some lenders have found workarounds for the Federal Housing Administration's suspension of reverse mortgage endorse... more
Sep 21, 2025 10:33 AM
— Mortgage Rates
Mortgage applications soar, led by refinancing spike
Mortgage applications have been increasing due to the lowest rates in almost a year. Washington, D.C. and Denver have the largest share of mortgaged households, leading to a potential shift in buyer demand. Refinances have increased, while purchases have slightly decreased in the run-up to Labor Day.
Sep 20, 2025 1:24 PM
— Mortgage Lending
Katie Sweeney denies accusations in AIME payment fight
Katie Sweeney is being accused of directing almost $1 million in payments to herself by her former organization, Village Capital. The lawsuit also involves accusations against Village Capital of failing to fully pay for servicing assets and not reimbursing a large Ginnie Mae payment. The article also mentions that MSR investment persists and some values have stabilized since a rate cut by policyma... more
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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.