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Mortgage Rates
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The Aspen Times
Oct 15
Ski town housing markets face slower sales amid rising mortgage rates, as luxury market outperforms trends
As leaves fall and the summer travel season comes to an end, Colorado’s housing market is facing a familiar off-season slowdown as homes take increasingly longer to sell. The Western Slope’s luxury ma
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Mortgage Rates
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Logan Mohtashami
Oct 15
Did mortgage rates just peak or is this some bond market madness?
In the last 48 hours, we got two very hot inflation reports, positive retail sales, rising oil prices and historically low jobless claims
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Mortgage Rates
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Cable News Network
Oct 15
High mortgage rates are deepening a ‘K-shaped’ housing market
In today’s housing market, there is a growing divide between the “haves” and the “have-nots.”
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Mortgage Rates
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Baltimore Sun
Oct 15
Average long-term mortgage rate holds at 7.4%, remaining at high level
Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year
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Industry News
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Neil Pierson
Oct 14
Appeals court sides with Ginnie Mae in Texas Capital Bank’s reverse mortgage lawsuit
The ruling is a signal to warehouse and DIP lenders that financing structures secured by HMBS-related tails may be vulnerable if Ginnie Mae exercises extinguishment remedies
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Industry News
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Flávia Furlan Nunes
Oct 14
GSEs target income and occupancy to cut buyback risk
Mortgage giants are deploying tech to flag occupancy risk and income defects upfront
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Mortgage Rates
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Erinn Nobel
Oct 14
When real estate listing scarcity becomes the strategy, who benefits?
A Zillow survey cited 74% of Hispanic sellers and 73% of Black sellers were steered to private networks, versus 24% of white sellers
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Industry News
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Neil Pierson
Oct 14
HUD officials offer an action plan to spark FHA lending
At MBA Annual, Matt Jones and Joe Gormley touched on ways to move the needle in FHA single-family mortgage originations
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Mortgage Rates
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Alex Lange
Oct 14
September inflation reached 3.7%. What it could mean for mortgage rates before October 28
September inflation reached 3.7%, above forecasts. Here's how bond-market moves could affect mortgage quotes before the October 28 Fed decision.
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Industry News
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Flávia Furlan Nunes
Oct 14
Saluda Grade invests $20M in manufactured housing lender Zippy
Investment will help Zippy expand its 27-state footprint
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Mortgage Rates
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Rachel Bader, HW Data
Oct 14
Why falling housing inventory is sending sellers the wrong signal
High mortgage rates are keeping buyers on the sidelines, even as housing inventory falls
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Mortgage Rates
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Flávia Furlan Nunes
Oct 14
Bank of America home loan volume falls 12% in Q3, raising questions about banks’ market share
JPMorgan and Wells Fargo also reported lower mortgage volumes amid higher rates
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