Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September.
Category: News and Trends
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:
Premier Member Editorial: Prudent AI’s Jayendran GS on How Fannie Mae’s Tech Partnerships Signal a Market Transformation
The agency lending ecosystem is actively expanding to serve America’s growing self-employed workforce—and Fannie Mae’s strategic partnerships with leading technology vendors clearly signal the acceleration of this transformation.
Redfin: 29% of Home Purchases Are Made in Cash
Just under three in 10 U.S. homebuyers paid in all cash in August, down insignificantly from 29% a year earlier, according to Redfin, Seattle.