Most Recent Mortgage News

New home sales slump to six-month low

New home sales slump to six-month low

There were 481,000 available homes on the market in May, data showed, even as many would-be sellers choose to stay...

  • 77
Home buyers nudge mortgage volumes higher for a third week

Home buyers nudge mortgage volumes higher for a third week

Mortgage application volumes inched upward in a holiday-shortened week, driven largely by the return of buyers in the government-loan market,...

  • 110
Perenna partners with Air – Mortgage Strategy

Perenna partners with Air – Mortgage Strategy

Perenna has partnered with Air as part of its commitment to tackling age discrimination in the mortgage market and providing...

  • 61
What Do Mortgage Underwriters Do? Decide If You’re Approved!

What Do Mortgage Underwriters Do? Decide If You’re Approved!

Here’s some Q&A with regard to the home loan approval process: “What do underwriters do?” Once you actually apply for...

  • 81
What are the challenges and opportunities in Las Vegas’ mortgage market?

What are the challenges and opportunities in Las Vegas’ mortgage market?

Mortgage applications rose for the second consecutive week as interest rates inched higher following the latest inflation data and...

  • 90
FHFA approves controversial Freddie second lien program

FHFA approves controversial Freddie second lien program

The controversial Freddie Mac second lien purchase pilot has gained conditional approval by the Federal Housing Finance Agency. This proposal,...

  • 123
NAVA Propertymark   – Mortgage Strategy

NAVA Propertymark   – Mortgage Strategy

Over half of NAVA Propertymark auction members said the number of lots coming under the hammer lifted in the first...

  • 104
What Do Mortgage Loan Processors Do? In Short, Everything to Close Your Loan!

What Do Mortgage Loan Processors Do? In Short, Everything to Close Your Loan!

I’ve already covered the mortgage underwriter’s role, so let’s take a look at what mortgage loan processors do too. After...

  • 79
Is there room for optimism on the US housing supply front?

Is there room for optimism on the US housing supply front?

The first six months of 2024 have been “definitely better than last year” and “a very good start”, according to...

  • 123
Southern states spurn home builders after pandemic boom

Southern states spurn home builders after pandemic boom

In Gallatin, Tennessee, house prices have jumped by two-thirds since the pandemic, and one local commissioner incensed at nearby homebuilding said...

  • 105