September’s decline leaves originators competing for fewer purchases, while rising borrowing costs and limited new listings keep affordability under pressure
Tagged: Data
Sellers are cutting asking prices, but near-record monthly payments continue to squeeze buyers and limit purchase demand
LendingTree finds savings pay for three-quarters of projects, while home equity loans finance larger jobs
MISMO’s new identity highlights a broader role in AI governance, regulatory compliance, and solving the operational problems lenders share
September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions
Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power
With rates projected to stay above 7%, MBA expects fewer loans next year — putting more pressure on LOs to win market share and find business beyond rate-driven refinancing
More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025
ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider
Redfin counted 58% more sellers than buyers in August, but national home prices still increased as equity-rich owners resisted steep discounts