Mortgage Credit Availability Unchanged in April

Mortgage credit availability remained unchanged in April according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.

Fannie Mae: Mixed Results in Home Purchase Sentiment Index

Fannie Mae released its April 2025 National Housing Survey, including the Home Purchase Sentiment Index. The HPSI increased 1.1 points from March to 69.2, but remains down by 2.7 points year-over-year.

Quote of the Day

“Overall levels of credit supply remain tight but have generally grown since 2023, as lenders continue to offer cash-out refinance loan programs as well as jumbo and non-QM loans.” –MBA Vice President and Deputy Chief Economist Joel Kan

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 11% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 2, 2025. 

MISMO Seeks Public Comment on Updated Mortgage Insurance Activation API

MISMO, the real estate finance industry’s standards organization, announced it is seeking public comment on revisions to the previously published Mortgage Insurance (MI) Activation API Implementation Guide (iGuide) and sample files. The 30-day public comment period runs through June 5, 2025.