National Mortgage News, June 6, 2025-Bonnie SinnockMay’s slightly stronger than anticipated employment data dampened lenders’ hopes for further downward pressure on rates in the immediate future, as they added incrementally …
Category: Top National News
Home Equity-Backed Bonds Surge as Borrowing Trends Shift
MPA, June 6, 2025-Jonalyn CuetoWall Street is ramping up bond issuances backed by home equity loans as rising mortgage rates push US homeowners to stay in place and borrow against …
Rocket’s Acquisitions Leave Plenty for Everyone Else, Says MBA’s Broeksmit
MPA, June 6, 2025-Matt SextonA group of Democratic senators joined independent Sen. Bernie Sanders on Wednesday to ask federal regulators to explain their decision not to challenge Rocket’s recent acquisitions. …
South Florida Homes for Sale Nearly Double as Residents Offload Properties
Newsweek, June 5, 2025-Giulia CarbonaroInventory in Miami-Dade County, which includes one of the most expensive metro markets in Florida and the country, rose by over 43% in April compared to …
Home Sales Expected to Rise 6% in 2025 Despite Persistent Headwinds
Globe St., June 5, 2025-Kristen SmithbergDespite persistent headwinds, existing home sales are set to increase by 6% this year and 11% next year, while new home sales are expected to …
Closed-End Seconds Lead Overall Home Equity Loan Growth
National Mortgage News, June 4, 2025-Brad FinkelsteinClosed-end home equity loan annual growth outpaced its line of credit cousin in the fourth quarter, increasing 13% above its high point from a …
Mortgage Rates Ease, but Many House Hunters Still Need Hacks
USA Today, June 5, 2025-Andrea RiquierRates for home loans eased, but as housing remains hard to afford, homebuyers have to be as resourceful as possible.Click here for more (subscription)
How the Secondary Market is Shaping Home Equity Strategies
National Mortgage News, June 4, 2025-Bonnie SinnockNondepository origination of home equity products has been growing as traditional mortgage opportunities have waned, leading to increased reliance on secondary market buyers whose …
Mortgage Rates Fall on ADP Report. Will Jobs Friday Push Rates Even Lower?
HousingWire, June 4, 2025-Logan MohtashamiToday, the ADP jobs report was released, marking the second of four jobs reports we’ll get during this jobs week. The numbers came in significantly weaker …
2025 Hurricane Season Puts 6.4 Million U.S. Homes at Risk of Storm Surge
World Property Journal, June 4, 2025-Michael GerrityNow that the 2025 hurricane season has officially begun, according to NOAA, a new and growing concern is emerging for homeowners along the U.S. …