2+ day, 13+ hour ago   (1733+ words) The immediate impact of Wednesday's turmoil in the Treasury markets was felt by many in the mortgage business, including brokers, whose wholesalers sent out new rate sheets during the day. Lenders, instead of quoting a static rate, should structure client…...

3+ day, 11+ hour ago   (985+ words) When the third quarter is over at the end of the month, it is likely agency mortgage-backed securities issuance volume will not reach either BTIG and consensus expectations, a new report said. As borrowers shift toward home equity products, originators…...

4+ day, 10+ hour ago   (695+ words) President Trump has resumed social media posts backing housing advocacy, one of which is an online video promoting the "Great American Mortgage Corporations" branding for two government-sponsored enterprises. The two promotional videos in the posts renew pledges that Freddie Mac,…...

1+ week, 1+ day ago   (1175+ words) The Uniform Appraisal Dataset 3.6 is set to create massive changes to the appraisal industry when it becomes mandatory on Nov. 2, a transition some appraisers don't want to deal with. With some of an already shrinking appraiser workforce expected to take…...

1+ week, 3+ day ago   (682+ words) The government-sponsored enterprises say they have been leaning into cost savings, some of which have been passed on to lenders and borrowers. Below, a breakdown of the specific figures behind those gains. Freddie Mac Chief Financial Officer Jim Whitlinger said…...

1+ week, 4+ day ago   (777+ words) The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8% on Sept. 1, its highest point since Jan. 14, 2025, according to Yahoo Finance. The bond market was already unsettled heading into Federal Reserve…...

3+ week, 2+ day ago   (539+ words) New-home purchase originations notably fell in July as mortgage rates climbed during the month. Applications for newly built homes slowed 5.7% year over year, according to the Mortgage Bankers Association's monthly builders survey. Compared to June's increased activity, volumes dropped 1% on…...

3+ week, 2+ day ago   (955+ words) Efforts by the U.S. Treasury to stabilize volatile bond yields gave mortgage rates a temporary pause this week, but federal deficit pressures quickly checked any meaningful drop. With benchmark long-term yields reaching a 19-year high on news the federal deficit reached…...

3+ week, 3+ day ago   (622+ words) The estimated share of mortgaged properties with at least half of their equity available has now officially sunk to a level not seen in almost five years. The percentage of equity rich properties had approached the fourth-quarter 2021 low of 41.9% during…...

4+ week, 1+ day ago   (707+ words) The two reports were released Friday morning, capping a week of key economic indicators that included a pair of elevated — but not excessive — inflation reports and surprisingly poor hiring data. While the readings are collectively ominous for the broader U....