Mortgage credit availability fell 1% in August, driven by fewer jumbo offerings
MBA's MCAI fell to a reading of 107.3, jumbo credit dropped 2.5% and government credit was unchanged
MBA's MCAI fell to a reading of 107.3, jumbo credit dropped 2.5% and government credit was unchanged
Educational CNBC Real Estate reports that home sales slowed again in August even as inventory reached its highest level in more than a decade, a pairing that defies the usual supply-and-demand logic. Buyers are confronting more choices than they have had in years, yet transactions are not keeping
August closings slipped to their slowest pace in over a year, even as housing supply hit a decade-plus high
Get the latest U.S. housing market trends, including inventory shifts, listing activity, prices, and buyer-seller dynamics, with fresh weekly data and insights.
Educational Scotsman Guide reports that mortgage demand has continued to soften as rates climb to their highest point in fifteen months, extending a summer slump in application volumes that the Mortgage Bankers Association has been tracking through its weekly survey. The pattern is familiar: each upward tick in borrowing costs
Educational Scotsman Guide reports that FHFA Director Pulte is continuing his campaign to weave VantageScore into the mortgage ecosystem, a move that has now reached the mortgage-backed securities market. The announcement signals fresh momentum behind an alternative credit scoring model that could reshape how loan pools are evaluated and
Educational Zillow Research notes that mortgage rates have climbed from the 6% range seen this spring toward the upper end of their multi-year range this fall, a shift that arrives after the peak buying season has already passed. The combination of steady employment data and firmer oil prices has
Educational Writing in the NAHB Eye on Housing, mortgage application activity continued to decline in August as elevated US treasury yields pushed mortgage rates higher. The Mortgage Bankers Association's Market Composite Index, a measure of total mortgage application volume, declined 3.2% month-over-month in August on
Educational HousingWire notes that comparing new listings, pending sales, and active inventory can reveal when local housing market signals align and when a divergence warrants closer examination. When these three indicators move in different directions, buyers and sellers face uncertainty about whether conditions favor entering the market, holding back, or
Educational BREAKING — National Mortgage News reports that agency MBS issuance is trailing expectations for the third quarter, even as home equity and non-QM products pick up momentum. Analysts at BTIG expect mortgage origination volume across five major lenders—loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings—to
Educational HousingWire reports that UWM has removed loan-level price adjustments on high-balance fixed-rate loans through October 30 and extended its Bullseye 90 pricing to include eligible jumbo products. The temporary elimination of LLPAs should ease pricing pressure on larger conforming loans, while the Bullseye 90 extension gives
Educational The Real Deal LA reports that Ian Schrager and Ed Scheetz have secured a $116.5 million bridge loan to refinance the Public Hotel West Hollywood, a 137-room property currently shuttered for full-scale rehabilitation. Driftwood Capital and Benefit Street Partners provided the financing for the asset at