Browsing: Mortgage

Purchase application data In a total shocker for 2025 — which is receiving no airtime whatsoever — purchase application data from last week showed 20% year-over-year…

This week, the mortgage rate fell to the board, which increased in four weeks. According to the rates provided by Zilo to Nerid Walt, the average…

“Afordal solves one of the biggest pain points in residential real estate; aligning what homebuyers want with what they can afford,” said Brad Springer, co-president of…

Some top LOs have also observed an increase in volume this year, despite volatility in the market. Chicago-based Benjamin Cohen, who works at Rate, reported a…

10-year yield and mortgage rates In my 2025 forecast, I anticipated the following ranges: Mortgage rates will be between 5.75% and 7.25% The 10-year yield will…

Risks of releasing the GSEs from conservatorship Over the years, I have discussed the influential role of the GSEs in promoting stability within the mortgage market.…

GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to…

These fragmented, repetitive tasks don’t just slow things down, they also operate in the shadows. Because they aren’t digitized, we don’t have access to performance data…

Mortgage spreads Mortgage spreads — the difference between the 10-year Treasury yield and the 30-year mortgage rate — are a complex topic. Over the past decade,…

On an unadjusted basis, the index increased 1% compared with the previous week. The seasonally adjusted purchase index was a bright spot this week, increasing 2%…