Cotality, Irvine, Calif., reported that single-family rent prices in August 2025 increased 1.4% from August 2024–significantly less than the 3% average increase a year ago.
Category: News and Trends
MISMO Publishes New Version 3.6.2 Reference Model
MISMO, the real estate finance industry’s standards organization, announced the publication of Version 3.6.2 of the MISMO Reference Model, which includes new data points, containers, and enumerations to support MISMO work products and other mortgage industry business content.
Mortgage Application Payments Decreased in September, MBA Reports
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September.
Realtor.com: Down Payments Near Flat in Q3
Realtor.com, Santa Clara, Calif., reported down payments in Q3 held at an average of 14.4%, with a median down payment of $30,400 in the third quarter.
Dealmaker: JLL Arranges $1.2B Refinancing of Dallas Shopping Destination
JLL’s Capital Markets Group arranged a $1.2 billion refinancing package for NorthPark Center, a Class A super-regional shopping center in Dallas.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
Industry Briefs, Oct. 30, 2025
Industry news from Xactus, Plaid, Argyle, Thomas & Co., MeridianLink, Click n’ Close, WFG and FirstClose.
Premier Member Editorial: Improving Efficiency as Mortgage Activity Rebounds
Equifax’s Joel Rickman says increased activity in the mortgage sector should be a wake-up call for lenders to improve efficiency in their processes.
Pending Home Sales Stabilize in September
Pending home sales showed no change from the prior month in September and fell 0.9% year over year, the National Association of Realtors reported Wednesday.
MBA Commends CFPB for Rescinding Nonbank Registration Rules
MBA’s Bob Broeksmit issued a statement in response to the CFPB rescinding its 2024 regulation that would have established a public registry of nonbank entities subject to certain agency and court orders and withdrawing its 2023 proposal to create a registry of nonbank contract terms and conditions: