Mortgage News
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News for: MortgageOrb
Showing 1 - 24 of 38 results
Dec 31, 2025 7:31 PM
— Housing Market
First American: Slowing Home Price Appreciation Boosted Affordability in October
Housing affordability improved in October due to cooling home price growth and easing mortgage rates. The trend is heading in the right direction with prices decreasing in areas with higher inventory. Markets with more supply have weaker price growth, boosting affordability relative to markets with low supply and faster price appreciation.
Dec 29, 2025 7:38 AM
— Housing Market
Pending Home Sales Increased in November as Affordability Improved
Pending home sales increased in November compared to October and the previous year. Lawrence Yun of NAR attributes this growth to improving housing affordability, lower mortgage rates, and more inventory choices. Buyer and seller traffic expectations among NAR members for the next three months are also positive.
Dec 24, 2025 9:32 AM
— Mortgage Rates
Mortgage Applications Dropped Heading Into the Holidays
Mortgage application volume dropped by 5.0% during the week ended December 19, following usual seasonal patterns. Refinance applications were down 6% from the previous week but increased by 110% from a year ago. Purchase applications decreased by 4% from the previous week but were up by 16% from a year ago. The average interest rate for a 30-year fixed-rate mortgage decreased to 6.31%. Despite the... more
Dec 24, 2025 8:32 AM
— Housing Market
MBA: Homebuyer Affordability Improved in November
The Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) shows that homebuyer affordability improved slightly in November, with the average monthly mortgage payment decreasing. Affordability conditions have been improving for the past six months due to lower mortgage rates and strong household earnings growth. States with the least affordable homes included Idaho, Nevada, Ariz... more
Dec 23, 2025 5:45 AM
— Housing Market
ICE: Mortgage Delinquencies Surged 15 Percent in November
In November, the U.S. mortgage delinquency rate increased to 3.85%, with over 2.1 million properties past due but not in foreclosure. Seasonal factors contributed to the rise in delinquencies, with more late payments in November, December, and January due to holiday spending. Serious delinquencies and new delinquency borrowers also increased, while foreclosure starts decreased. Prepayment activity... more
Dec 19, 2025 5:43 PM
— Housing Market
NAR: Existing-Home Sales Up Slightly November
Existing-home sales increased slightly in November compared to October but were down compared to November 2024. Sales varied by region and showed no change or decreases year-over-year. Lower mortgage rates contributed to the increase in sales. Inventory growth is slowing down, impacting affordability. Single-family home sales outperformed condominium sales, with condos typically priced lower but f... more
Dec 19, 2025 3:31 PM
— Mortgage Lending
MBA: Applications for New Home Purchases Sank 7 Percent in November
Mortgage applications for new home purchases decreased by 7% in November compared to October, but were up 3.1% compared to the previous year. New homebuyers are looking for ways to extend their purchasing power or lower monthly payments, with many choosing FHA or ARM loans.
Dec 18, 2025 8:06 PM
— Mortgage Rates
Mortgage Rates Continue to Hover in the Same Narrow Range
The average rate for a 30-year fixed-rate mortgage dipped slightly to 6.21% this week, down from 6.22% last week and significantly lower than the 6.72% rate from a year ago. The 15-year fixed-rate mortgage also saw a decrease to 5.47% from 5.54% last week and 5.92% a year ago. Despite some market volatility following the Fed's rate cuts, mortgage rates remain anchored near 2025 lows, creating a fa... more
Dec 17, 2025 7:56 PM
— Mortgage Rates
Purchase Applications Fell Last Week in Keeping With Seasonal Patterns
Total mortgage application volume fell 3.8% last week as rates increased, with applications for refinances decreasing by 4% compared to the previous week but up 86% compared to the same week last year. Purchase applications also decreased by 3% compared to the previous week, but were up by 13% compared to the same week last year. This drop in purchase applications is in line with seasonal patterns... more
Dec 16, 2025 7:31 PM
— Housing Market
Redfin: New Listings Dropped in November as Would-Be Sellers Pulled Back
New listings of U.S. homes for sale fell 1.7% year-over-year, with pending home sales also down 4.1%. Homes are taking longer to sell, with median prices up 2% due to tightening inventory. Some sellers are holding off due to slow market conditions and uncertainty about the future.
Dec 12, 2025 6:31 PM
— Housing Market
Optimal Blue: Total Lock Volume Plummeted in November
In November, total mortgage lock volume decreased by 25% compared to October but increased by 17% compared to November 2024. Refinances accounted for 35% of all locks, with rate-and-term refinances increasing significantly year over year. Purchase locks decreased due to elevated home costs and limited listings. Lenders adjusted execution strategies, with agency cash window sales rising and agency ... more
Dec 11, 2025 6:32 PM
— Mortgage Technology
ACES Makes New Data Export Tool Generally Available
ACES Quality Management has released a new tool, ACES DATABRIDGE, which allows financial institutions to extract, manage, and report on their ACES data using their own tools and environments. This tool gives clients more control over their data and enables secure and configurable data exports into client-controlled data warehouses.
Dec 11, 2025 6:32 PM
— Mortgage Lenders
FirstClose Enhances its OMS With Home Equity Fulfillment Capabilities from Stewart
FirstClose has partnered with Stewart Lender Services to enhance its order management system, providing users with integrated access to home equity title, valuation, and closing solutions. This partnership aims to streamline ordering and fulfillment processes, reduce manual steps, accelerate decision-making, and improve borrower experiences.
Dec 11, 2025 2:32 PM
— Mortgage Rates
Mortgage Rates Increased Slightly This Week But Fed Rate Cut Helps
Mortgage rates slightly increased this week, with the average rate for a 30-year fixed-rate at 6.22%. The rate for a 15-year fixed-rate mortgage also rose, but both are below the year-to-date average. Despite minimal changes, rates have remained stable for over a month, providing predictability and confidence in the market. The recent rate cuts by the Fed have helped keep borrowing costs low, but ... more
Dec 10, 2025 5:32 PM
— Interest Rates
FOMC Trims Fed Funds Rate a Quarter Point
The Federal Open Market Committee voted to trim the fed funds rate by a quarter point, despite disagreement among committee members, with some favoring a larger cut or no change. The decision was made due to concerns about the job market and inflation remaining above the target goal. The split vote suggests uncertainty regarding future rate cuts.
Dec 10, 2025 3:20 PM
— Mortgage Applications
Mortgage Applications Increased Last Week Despite Higher Rates
Mortgage application volume increased by 4.8% despite a slight increase in rates, with refinances up 14% and purchases down 2%. Conventional refinance applications increased by almost 8% and government refinances by 24%. Overall, purchase applications continue to run ahead of 2024's pace.
Dec 9, 2025 3:32 PM
— Mortgage Lenders
Mortgage Credit Availability Increased 0.7 Percent in November
In November, mortgage credit availability increased by 0.7% compared to October, reaching a score of 107.5 on the Mortgage Bankers Association's index. The increase was driven by a growing supply of ARM and cash-out refinance loan programs, with most programs requiring lower LTV and higher credit scores to qualify. Conventional loan credit increased by 1.1%, jumbo loans by 1.6%, and conforming loa... more
Dec 8, 2025 8:32 PM
— Refinance Activity
ICE: Refi Retention Rates Reached 3.5-Year High in Q3
In the third quarter, refinance retention hit a 3.5-year high, with mortgage servicers retaining more than half of borrowers leaving 2024 vintage loans. Rate-and-term retention increased to 37%, while cash-out refinance retention was at 23%. Non-banks retained refinancing borrowers at a higher rate than banks. Rate-and-term refis made up 62% of all refi activity in October. Homeowners who refinanc... more
Dec 5, 2025 4:31 PM
— Mortgage Delinquencies
Ginnie Mae Loan Delinquencies Reached 9.2 Percent in September
The mortgage delinquency rate for Ginnie Mae loans reached 9.2% as of September 30, which is higher than historical averages but lower than the Great Recession and COVID periods. Lower FICO 'buckets' are approaching COVID-era delinquency levels, indicating potential financial strain for middle credit borrowers. The report suggests that with higher borrowing costs and cost of living, borrowers may ... more
Dec 4, 2025 7:57 PM
— Mortgage Rates
Mortgage Rates Move Down for a Second Week
Mortgage rates decreased this week, with the average rate for a 30-year mortgage falling to 6.19% from 6.23% the previous week. This marks the second consecutive week of decreases. Compared to last year, mortgage rates are half a percent lower, providing a more favorable environment for homebuyers and homeowners. The average rate for a 15-year fixed-rate mortgage also decreased to 5.44% this week.
Dec 3, 2025 7:02 PM
— Mortgage Rates
Mortgage Applications Fell 1.4 Percent as 30-Year Dipped
Mortgage application volume decreased 1.4% as mortgage rates fell. Refinance applications decreased 4% compared to the previous week but were up 109% compared to the previous year. Purchase applications increased 3% compared to the previous week and were up 17% compared to the previous year. The 30-year fixed mortgage rate declined to 6.32% after steadily increasing over the past month.
Dec 1, 2025 6:31 PM
— Loan Performance and Delinquency Rates
Mortgage Delinquencies Decreased in October But Foreclosure Activity Continued to Rise
The U.S. mortgage delinquency rate decreased to 3.34% in October compared to September and the previous year. Despite a slight increase in foreclosure starts, overall loan performance remains healthy. The foreclosure pre-sale inventory rate increased, and the number of active foreclosures hit the highest level since early 2023. The pre-payment rate increased significantly due to softening mortgage... more
Nov 24, 2025 4:34 AM
— Mortgage Rates
Mortgage Rates Still Stuck in the Same Narrow Range
Mortgage rates remained stable this week, with the average rate for a 30-year mortgage at 6.26%, slightly up from the previous week. The 15-year fixed-rate mortgage was at 5.54%, showing a small increase from last week but a decrease from a year ago. The stability in rates is providing certainty in the housing market, boosting confidence among buyers and sellers. Market observers are focusing on t... more
Nov 24, 2025 4:34 AM
— Housing Market
Existing-Home Sales Increased 1.2 Percent in October, Boosted by Lower Rates
Existing-home sales increased 1.2% in October compared to September and were up 1.7% compared to October 2024. Overall, home sales were up in the Northeast, Midwest, and South but down in the West. Lower mortgage rates have encouraged homebuyers. The median sale price of existing-homes increased by 2.1% year-over-year.
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.