With more than 15 years of industry experience, non-QM/non-agency lender adds new Regional VP responsible for growing Deephaven’s Wholesale team in the western U.S.
Read More »Mortgage Credit Supply Slides for Third Straight Month
As lending standards continue to tighten, mortgage credit supply fell to its lowest level since last July, according to the Mortgage Bankers Association.
Read More »Mortgage Rates on the Rise, But Relief on the Horizon
Freddie Mac reports that a decline in purchase activity, combined with increased inventory, will slow home price growth nationwide and give way to much-needed relief for prospective buyers.
Read More »GSEs Affirm Commitment to Equitable Housing Access Nationwide
The Federal Housing Finance Agency (FHFA) has released Fannie Mae's and Freddie Mac's (the GSEs) Equitable Housing Finance Plans for 2022-2024. These plans were designed to complement the ...
Read More »Mortgage Application Volume Falls to 22-Year Low
The MBA reports overall mortgage app volume slid 6.5% week-over-week, with buyers continuing to be shunned by a combo of high rates and prices, amid slowly rising inventory.
Read More »New Home Purchase Apps Drop Nearly 11% in April
As builders continued to face rising costs, supply-chain issues, and extended completion times, the buying market has cooled amid high mortgage rates and lingering affordability concerns.
Read More »Industry Mourns the Death of Dr. Frank Nothaft
Longtime analyst and economist passes away suddenly, having dedicated 40-plus years to the industry.
Read More »More Homeowners Looking to Remodel to Boost Value
A new survey from Regions Bank has found that more are willing to invest in upgrading their current residence and tap into their equity over finding a new home or selling.
Read More »30-Year FRM Reaches Nearly 5.5%
A combination of continued high mortgage rates, an increase in inventory, and a dwindling pool of homebuyers are slowly bringing the nation’s housing market back to normalcy.
Read More »Mortgage App Volume Falls to Four-Year Low
With rates still above the 5% mark, mortgage application volume fell for the fourth time in five weeks, hitting a low last seen in December of 2018.
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