Educational HousingWire reports that new home purchase applications fell for a fifth consecutive month, with the Mortgage Bankers Association noting a 6% decline from July and the average new home loan size slipping to $373,194. Higher rates continue to compress buyer activity, and the shrinking loan size suggests borrowers
Educational Scotsman Guide reports that applications for new-home mortgages fell well below year-ago levels for the second consecutive month in August, according to the Mortgage Bankers Association. The deepening decline suggests that higher interest rates and stretched affordability continue to weigh on buyer demand in the new-construction
Educational The Mortgage Reports has published a guide on how to apply for an FHA loan, walking readers through requirements, application steps, and practical tips for securing this government-backed mortgage option. FHA loans remain a common entry point for buyers who need more flexible qualification standards than conventional financing
In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is far from a slam dunk.
Educational HousingWire reports that President Trump has nominated Matt Jones to serve as FHA commissioner and HUD assistant secretary, a dual appointment that would place him at the center of federal housing policy if confirmed by the Senate. The nomination arrives at a moment when the FHA maintains an active
Educational BREAKING — Mortgage Professional America reported that new-home mortgage applications fell to a 2026 low in August, a headline that captures the cooling effect of higher interest rates on buyer activity. Yet within that same data, FHA loans reached a three-month high, suggesting that a meaningful segment of
Educational BREAKING — Mortgage Professional America reports that Treasury yields climbed overnight, a move that threatens to pull mortgage rates even closer to 7%. That threshold, unseen for extended stretches in the modern housing market, reshapes the math for anyone financing or refinancing property. Bond markets at a 19-year high
Educational Realtor.com News reports that homebuilders are now advertising mortgage rates near 4%, a threshold that seemed distant just months ago and that broadens what buyers can theoretically afford. The development carries a tension: easier monthly payments expand purchasing power, yet they also prop up price levels that might
Educational Realtor.com News reports that heirs who inherit homes carrying reverse mortgages can find themselves facing a 30-day window to resolve the outstanding loan, a compressed timeline that often forces quick decisions about whether to sell, refinance, or secure new financing to retain the property. The article highlights
Educational Scotsman Guide reports that mortgage lock volumes dropped below year-ago levels in August, a signal that the broader origination market continues to cool. Rising rates typically dampen purchase and rate-and-term refinance activity, and this cycle appears to be following that pattern. The one exception in the
Educational The Mortgage Reports is weighing two common paths for homeowners on fixed incomes who need to fund repairs: drawing on a HELOC or tapping a reverse mortgage. Both products turn home equity into available cash, but they move in opposite directions on risk, repayment, and what gets left to
A plain-English look at when a reverse mortgage helps and when it hurts: what triggers repayment, whether the bank can take your home...