Analysis and Data
Coming Up:
Mortgage Industry Veteran Compares Market Conditions To 'Unknown Distance Ruck"
Industry veteran Linda Davidson reflects on unprecedented challenges and urges resilience amidst looming market fluctuations and rising mortgage rates.
Modest Growth Expected In Housing Market Despite Lingering Affordability Challenges
Fannie Mae forecasts a slow rise in existing home sales and new single-family housing starts amid lower mortgage rates and strengthening sentiment.
Mortgage Rates Inch Towards 7%, Threatening Spring Home Buying Frenzy
Rising rates and housing unaffordability cast shadow over market's seasonal momentum.
Existing-Home Sales Rise 3.1% in January, But Year-Over-Year Slip Persists
NAR reports mixed trends as housing market recovery faces mortgage rate challenges.
Radiant Prospects: Illuminating Signs Of A Brighter Market Ahead
Experts envision clearer skies in the mortgage forecast over next two years
Florida Originator
Xactus Appoints Michael Crockett As Chief Operating Officer
Crockett will lead operations and strategic initiatives, focused on enhancing customer experience and driving innovation in verification solutions.
FHA Introduces New Payment Supplement To Aid Struggling Homeowners
Originally established as part of FHA's COVID-19 recovery measures, these options are accessible to mortgage servicers to assist all borrowers behind on mortgage payments.
Survey Reveals Persistent Desire For Homeownership
Despite rising rates and soaring prices, majority of survey respondents express readiness to pursue homeownership if mortgage rates fall below critical thresholds.
Mortgage Forbearance Rates Experience Slight Decline In January 2024
Total loans in forbearance decreased just one basis point.
Mortgage Applications Drop Over 10% As Interest Rates Climb
As rates moved up past 7%, mortgage applications dropped over 10%.