Mortgage Demand Drops 22% During Holidays as Rates Move Higher

HousingWire, Jan. 2, 2024-Neil PiersonRising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly …

Jobless Claims Keep Mortgage Rates Elevated

HousingWire, Jan. 2, 2024-Logan Mohtashami Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isn’t breaking. The labor market is …

Over 250k Homeowners Remain in Forbearance — Report

MPA, Jan. 3, 2024-Camille Joyce LisayThe Mortgage Bankers Association’s (MBA) monthly loan monitoring survey revealed an increase in total mortgage loans in forbearance to 0.50% as of November 30, 2024.Click …

FHFA, Treasury Amend GSE Conservatorship Agreements

National Mortgage News, Jan. 3, 2025-Bonnie SinnockThe changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump …

January Mortgage Outlook: Rates Trending Lower

NerdWallet, Jan. 3, 2025-Holden LewisMortgage rates might ride up and down in January and finish lower than where they started, like a road trip that begins in the mountains and …

Student Debt Issues Can Be Solved

The Housing Scene by Lew Sichelman, Jan. 3, 2025Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.Click here …

Mortgage Rates Likely to Go Back Over 7% as They Rise Again

National Mortgage News, Jen. 2, 2025-Brad FinkelsteinThe Freddie Mac mortgage rate tracker on Thursday morning showed the conforming 30-year fixed rate mortgage creep closer to the 7% level last seen …