Mortgage News
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News for: National Mortgage News
Showing 1 - 24 of 389 results
Apr 14, 2026 11:35 AM
— Mortgage Lending
Chase, Wells mortgage slump: what it means for non-banks
Quarter-to-quarter mortgage production at JPMorgan Chase and Wells Fargo declined significantly more than predicted by the Mortgage Bankers Association. Accounting rules on loan lock timing impacted nonbank mortgage profits. The 30-year fixed-rate mortgage dropped below 6%, leading to an increase in purchase borrowers. Adjustable rate mortgages saw a rise in market share in March.
Apr 14, 2026 2:34 AM
— Mortgage Rates
Spring purchase activity jumps despite climbing rates
Purchase activity increased at the beginning of the spring market despite rising rates. The mortgage rates fell below 6% for the first time since 2022, prompting more borrowers to enter the market. Some lenders experienced a significant reduction in mortgage originations, while others offered rate discounts for both refinance and purchase applications. Additionally, a significant percentage of Gen... more
Apr 13, 2026 9:32 AM
— Mortgage Lenders
Why remodelers aren't panicking about rising rates
Rising mortgage rates are impacting homebuyers and existing home sales, but remodelers are not too affected by it. Better Mortgage completed warehouse renewals and Wolters Kluwer introduced a new way to access its digital vault platform. Newly minted doctors face challenges in buying homes due to student debt and job history. Nonbank mortgage profits were affected by accounting rules on loan lock ... more
Apr 10, 2026 9:32 AM
— Interest Rates
War, oil and inflation: What it means for rates
Inflation related to the Iran conflict has caused a panel of economists to moderate their views on growth and rate cuts. The increase in 10-year yields has stopped the decline in US mortgage rates for lenders. Better Mortgage completed warehouse renewals. MBS buying has become a focus, and some Wall Street bond-fund managers warn of underestimating the risk of a slowdown due to the US war in Iran.... more
Apr 9, 2026 10:32 AM
— Mortgage Rates
Iran ceasefire brings brief reprieve for mortgage rates
Mortgage rates reached a 6.46% high this week, the highest since September, due to concerns over the Iran War. Applications fell by 10.4% and sellers now outnumber buyers by 46%. The conflict pushed oil prices above $100 a barrel which impacted bond investors and the 10-year Treasury yield. Mortgage rates have been fluctuating in response to the events.
Apr 9, 2026 9:32 AM
— Interest Rates
Mortgage credit hits three-year high entering spring market
Mortgage credit availability is at a three-year high, including an increase in government-sponsored loan products. Nonagency underwriting is expanding, but recent performance issues have affected the public sector. Interest rates for the 30-year fixed mortgage have increased while the 15-year fixed rate has decreased. The conflict in the oil market has impacted bond investors and Treasury yields. ... more
Apr 8, 2026 8:32 AM
— Mortgage Lenders
TCPA lawsuits hit nine more mortgage lenders
Consumers are filing lawsuits over spam calls and messages, newly minted doctors are struggling to buy homes due to student debt, job history, and underwriting criteria, with bills in Congress, capital rules, and GSE reform posing benefits and risks for Independent Community Banker of America members. Mortgage One is accused of using an artificial intelligence voice agent for outbound solicitation... more
Apr 8, 2026 7:42 AM
— Mortgage Rates
Rate lock-in: 1 in 3 owners won't budge at any price
Recent reports show that mortgage rates have been rising, causing many homeowners to hold onto their current rates. There have been lawsuits and investigations related to lending laws, with some courts expanding the statute of limitations. Companies like Newrez and Luminate Home Loans are facing enforcement actions. Industry experts emphasize the importance of specialized data to mitigate risks, b... more
Apr 7, 2026 12:32 PM
— Mortgage Servicing Violations
Newrez faces $4.2M penalty for servicing violations
Washington State regulators are proposing a financial penalty against Newrez for multiple mortgage servicing violations resulting from consumer complaints. The case has been sent to a lower court for further review. Additionally, a separate mortgage servicing company is being added by Mike Kortas, who will also be hiring NEXA loan officers to assist in providing customer insights. Five nonbanks ha... more
Apr 6, 2026 1:34 PM
— Reverse Mortgages
FOA launches new reverse mortgage line of credit product
Reverse mortgage lender Finance of America reported a decrease in net income, while borrower equity fell year over year. However, HECM endorsements rose, indicating older homeowners are still accessing their home equity.
Apr 6, 2026 10:34 AM
— Mortgage Rates
Spring's hot housing market just ran into a problem
The spring homebuying season started strong due to improved affordability and increased inventory, but the recent rise in mortgage rates has caused some buyers to be pushed out of the market.
Apr 6, 2026 4:32 AM
— Mortgage Lenders
RESPA cases are rising as states fill CFPB void
Washington State charged Newrez after a consumer investigation following enforcement action against Luminate Home Loans. Trump's mortgage deregulation order received cautious praise from lenders but alarm from consumer groups. Rocket Mortgage and Compass launched a Redfin listing partnership, while the Federal Housing Finance Agency reviews fraud tips. Federal examination activity has decreased, b... more
Apr 6, 2026 2:33 AM
— Mortgage Rates
What President Trump can do about mortgage rates
The article discusses President Trump's focus on lowering mortgage rates through direct intervention, such as directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities. It argues that the Federal Reserve is not the right tool for government yield curve management and proposes changes in the GSEs' model of purchasing low coupon MBS and Treasury securities.
Apr 2, 2026 8:31 PM
— Mortgage Lenders
Mortgage credit costs jumped 10x in 4 years: CHLA
A community lenders group is advocating for more competition in GSE credit scoring and reporting, with a new report quantifying recent price increases and warning of more to come. TransUnion has reduced the price of VantageScore 4.0 to $0.99 to increase lender choice and affordability, as FHFA pushes mortgage score modernization and competition. FICO has also introduced a tool to help borrowers qu... more
Apr 2, 2026 10:33 AM
— Mortgage Rates
Mortgage rates hit a 7-month high, as buyers retreat
Mortgage rates have been on the rise for five consecutive weeks, impacting potential buyers during the busy spring homebuying season. The 30-year fixed mortgage rate has increased while the 15-year rate is lower compared to last year. This increase in rates comes amidst other industry news such as wage violations, executive orders on mortgage credit, and recent double-pledging scandals in lending.
Mar 31, 2026 1:33 PM
— Mortgage Rates
Some markets thawing in time for spring homebuying season
Housing affordability has improved year-over-year in all markets tracked by First American, but the gains vary in size. Home prices are still higher than pre-pandemic levels. Mortgage rates have increased due to oil price hikes from the Iran conflict. Despite the increase, the 30-year fixed mortgage rate is still lower than a year ago.
Mar 31, 2026 12:00 PM
— Mortgage Lending
Opendoor adds Doma title tech assets in new acquisition
Opendoor Technologies acquires assets from title fintech Doma shortly after re-entering mortgage lending. Fannie Mae and Freddie Mac are purchasing mortgage-backed securities amidst market volatility. President Trump's executive order aims to ease the path for eNotes and digital mortgages. Interest rates on 30-year fixed-rate mortgages have fallen below 6% for the first time since 2022.
Mar 31, 2026 9:32 AM
— Mortgage Lenders
UWM fights Mat Ishbia deposition in All-In lawsuit
United Wholesale Mortgage CEO Mat Ishbia may soon testify in federal court for the first time regarding the company's All-In initiative. The company has recently made significant changes, including dropping the broker channel and bringing it back, as well as offering revised terms and receiving multiple offers.
Mar 30, 2026 12:35 PM
— Mortgage Lenders
Mortgage industry baffled by Trump's MLO order
President Trump's recent executive order on mortgage deregulation has caused confusion in the industry, drawing praise from lenders but alarm from consumer groups. The order impacts agencies like FHFA and HUD and aims to increase competition for self-employed borrowers.
Mar 26, 2026 10:33 AM
— Mortgage Rates
Lenders: Chase affordability gains before rates climb further
Low mortgage rates in February, with the 30-year fixed falling below 6%, helped improve homebuyers' ability to afford payments. The national median payment for purchase applicants rose, but the 30-year fixed mortgage increased by 40 basis points since February. The conflict affecting oil prices pushed bond investors and the 10-year Treasury yield up briefly. Mortgage rates fluctuated, with the 30-... more
Mar 26, 2026 10:33 AM
— Mortgage Rates
Mortgage rates now at highest point since September
The 10-year Treasury yield experienced volatility due to Iran conflict headlines, resulting in a 16 basis point increase in mortgage rates for the week. A class action lawsuit revealed that over 787,000 plaintiffs across 36 states were unjustly charged $15 million. The Freddie Mac Mortgage Market Survey showed the 30-year rates below 6%, but the 15-year rates increased. Oil price spikes from the I... more
Mar 24, 2026 12:31 PM
— Housing Market
Home sales cancelled at record rate as buyers hold power
Buyers have more negotiating power than sellers in the current housing market, leading to a record number of home-sale cancellations. There are significantly more home sellers than buyers in the United States, resulting in a decrease in the typical homebuyer's down payment. Many homeowners unable to sell their properties are renting them out instead. Active listings have increased, reaching over 9... more
Mar 23, 2026 12:32 PM
— Housing Market
Sellers outnumber buyers by record margin in February
Mortgage rates hit nearly 4-year lows last month, but the gap between sellers and buyers in the housing market has grown to its largest size on record. Various mortgage lenders are making changes and receiving offers, while accusations of misconduct and privacy violations are emerging in the industry.
Mar 20, 2026 1:31 PM
— Interest Rates
ARMs offer buyers largest discount in nearly 4 years
Adjustable-rate mortgages are currently offering homebuyers a significant discount, the 30-year fixed-rate mortgage recently dipped below 6%. The housing market is predicted to experience mortgage growth, but the industry has not fully adapted to the disruptions of this decade. Loan officers have been accused of photographing confidential data to avoid detection.
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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.