Mortgage News
The Most Comprehensive Source of Mortgage-Related News
Each article is summarized for your convenience. Click on the title to see the original.
News for: Housing Market
Showing 73 - 96 of 308 results
Nov 4, 2025 9:59 AM
— Housing Market
Prospects for Improving Housing Affordability
There is growing concern about the affordability of homeownership in the U.S., especially for first-time homebuyers. The rise in house prices during the pandemic has been followed by a steep increase in borrowing costs in 2022. Other costs like construction materials and homeowner insurance premiums have also risen. The housing market is expected to see the 30-year fixed mortgage rate fall slightl... more
Nov 3, 2025 4:34 AM
— Housing Market
MBA: Homebuyer Affordability Improved in September
In September, homebuyer affordability improved with the national median payment decreasing to $2,067 from $2,100. The Mortgage Bankers Association's index score decreased to 155.0, indicating better affordability conditions. Affordability has been improving due to lower mortgage rates and a growing housing supply. The index is expected to strengthen in 2025 and 2026 with stable mortgage rates and ... more
Nov 2, 2025 3:05 AM
— Housing Market
U.S. home turnover rate at lowest level in decades as housing slump drags on, analysis finds
The turnover rate for U.S. homes is at its lowest in nearly 30 years, with only 28 out of every 1,000 homes changing hands between January and September. This decrease in turnover rate can be attributed to factors such as a slowing job market, lack of employment opportunities, and high mortgage rates that discourage homeowners from selling and buying new homes.
Nov 1, 2025 3:05 PM
— Housing Market
The housing market, workers, and the economy are all stuck
The U.S. home turnover rate is at its lowest in nearly 30 years, with only 28 out of every 1,000 homes changing hands between January and September. Fewer homes are being sold due to factors like a slowing job market, high mortgage rates, and skyrocketing home prices.
Oct 31, 2025 12:05 PM
— Housing Market
Home Price Appreciation Keeps Cooling; New Loan Limits Coming Into Focus
Both the FHFA and the S&P CoreLogic Case-Shiller indices released new home-price data for August, showing that prices remain higher than a year ago but the pace of appreciation is slowing. Case-Shiller's national annual gain was the smallest in over 2 years, while FHFA is near its lowest annual pace since 2012. The article also discusses the conforming loan limit, which is currently at $806,500 an... more
Oct 30, 2025 11:06 AM
— Housing Market
Ellie Mae
Ellie Mae, a mortgage technology company, went private and reduced its workforce by 10% after being bought by private equity investor Thoma Bravo. Mortgage rates decreased, leading to an increase in refinance loans and new-home purchase applications. Millennials closed mortgage loans at a record pace due to lower interest rates. Mortgage lending credit standards slightly loosened, and online shopp... more
Oct 27, 2025 8:50 AM
— Housing Market
Warren Buffett's Berkshire Hathaway and Zillow say mortgage rates can't fall enough for Americans to afford a home
Mortgage rates have risen significantly from the sub-3% rates seen during the pandemic, with the current 30-year fixed rate at 6.19%. Higher rates are making homes less affordable, with economists stating that a rate drop to 4.43% would be needed for a typical home to be affordable for the average buyer. The locked-in mortgage rate effect is causing current homeowners to hold onto their homes, lea... more
Oct 27, 2025 3:05 AM
— Housing Market
ICE's Andy Walden: FHA performance a "yellow flag" right now
FHA loans accounted for a significant portion of the rise in foreclosure starts and active foreclosures in September. Popular and other banks are ending mortgage operations in 2025 to improve profitability. There were more sellers than buyers in the market last month. Claims in a Loan Think column about credit scores and resellers in mortgage lending were found to be misrepresented. Contract closi... more
Oct 25, 2025 3:24 AM
— Housing Market
Existing Home Sales Rose Last Month, But The Bigger Picture Hasn't Changed
Existing-home sales rose by 1.5% in September to a seasonally adjusted annual rate of 4.06 million, with sales 4.1% higher than the previous year. The increase is attributed to easing mortgage rates and better affordability. Inventory levels are near a five-year high but remain below pre-COVID averages. Home prices continue to rise, contributing to overall household wealth.
Oct 24, 2025 8:34 AM
— Housing Market
Agent Service; Property Tax, Warehouse, Reverse Services; In-Person Events Into 2026; CPI as Expected
The article discusses various events and webinars related to the mortgage industry, including topics like reverse mortgages, mortgage services, and industry conferences. It also mentions the potential impact of the government shutdown on borrowers' ability to pay and broader market stability.
Oct 24, 2025 8:13 AM
— Housing Market
Foreclosures Are Up. Here's Why Experts Aren't Worried
Foreclosure activity is up since last year, but it is still below historical levels. The pandemic and foreclosure moratoriums have impacted the data. Rising prices, interest rates, and costs have made it harder to buy a home, leading to fewer foreclosures. Some foreclosure activity can benefit the housing market by bringing abandoned properties back into circulation. Certain regions, particularly ... more
Oct 23, 2025 7:00 AM
— Housing Market
Lower mortgage rates push home sales higher in September, but prices still stubbornly high
Sales of previously owned homes rose 1.5% in September to a seasonally adjusted, annualized rate of 4.06 million units, slightly lower than analysts' forecasts but the highest pace in seven months. The sales were strongest in the South and Northeast on an annual basis, with the West seeing the strongest monthly increase. Falling mortgage rates are attributed to the increase in sales, with the aver... more
Oct 23, 2025 4:25 AM
— Housing Market
The Inside Story Of America's Slowing Job Market
The article discusses the disconnect between economic data indicating a strong job market and the reality of many Americans facing stagnant wages and financial struggles. Many businesses are dealing with slowing markets, higher tariffs, and rising costs, leading to layoffs, reduced hours, and hiring freezes. Small business owners are particularly feeling the impact, with some forced to close. Desp... more
Oct 22, 2025 2:25 PM
— Housing Market
Fannie Mae names Akwaboah acting CEO, replacing Almodovar
Fannie Mae's Chief Operating Officer, Peter Akwaboah, has taken on the role of acting CEO after Priscilla Almodovar's departure. Industry experts remain optimistic about technology in the mortgage industry while emphasizing the importance of human qualities like empathy and trust. Homeowner equity has decreased due to declining housing prices, although tappable amounts remain high. A new executive... more
Oct 21, 2025 11:31 AM
— Housing Market
How mortgage companies aim to aid borrowers amid shutdown
The housing finance industry is working to keep payments and originations on track as borrowers potentially face job interruptions due to the government shutdown. New-home mortgage applications dropped, but the annual sales pace was the strongest in over a year. Some lenders have workarounds for the Federal Housing Administration's suspension of reverse mortgage endorsements. Builders are cutting ... more
Oct 18, 2025 4:23 AM
— Housing Market
Lower rates were supposed to bring homebuyers back this fall. Here’s why it hasn’t happened.
Despite low mortgage rates at 11-month lows, the housing market has not shown signs of improvement. Inventory is increasing, but rates and prices are still too high for most buyers. There is a stalemate between buyers and sellers, with buyers waiting for lower rates and sellers holding out for higher prices. Contract cancellations and pulled listings remain high, indicating a struggle in the real ... more
Oct 17, 2025 10:30 AM
— Housing Market
How the government shutdown impacts the housing market: Loan availability, closing times, and more
The government shutdown impacts the housing market by causing delays in loan approvals, closures of loan programs, suspension of flood insurance, and financial uncertainty for federal workers. The shutdown may cause a slowdown in housing demand in government-heavy regions, while other regions with diversified economies may be more resilient.
Oct 13, 2025 7:23 AM
— Housing Market
When will mortgage rates go down? Rates decreased this week — but just barely.
After two consecutive weeks of increases, mortgage rates have finally decreased this week. The 30-year fixed rate is now two basis points lower than this time last year. The current housing market is in a crunch due to high demand and low supply, causing home prices to remain high. Prospective buyers may not see much relief in a true recession, as lower interest rates could increase demand for hom... more
Oct 12, 2025 7:31 AM
— Housing Market
Housing Market Now Falling Into A Deflationary Vortex | Reventure Consulting's Nick Gerli
The article discusses a movie or TV show that is available to watch for free with advertisement interruptions, similar to a PG-13 rating for content.
Oct 11, 2025 4:06 AM
— Housing Market
Forecast calls for originations to surpass $2 trillion this year
Total mortgage origination volume is projected to surpass $2 trillion for the first time since 2022. Refinancing indicators showed muted gains as home sales challenges persisted. Housing starts fell to the lowest level since May. Fannie Mae projects mortgage rates to hit 6.3% and 5.9% in 2025 and 2026. John Roscoe and Brandon Hamara have been appointed co-presidents at a government-sponsored enter... more
Oct 10, 2025 5:23 AM
— Housing Market
Will a drop in mortgage rates make any difference in San Diego’s housing market?
The article likely discusses information related to mortgages and the housing market but it is impossible to summarize as the content is not provided.
Oct 9, 2025 10:24 AM
— Housing Market
House foreclosures just spiked 17% last quarter as borrower distress rises
Foreclosure activity in the US housing market has spiked, with 101,513 foreclosure filings in the third quarter. This represents a slight increase from the last quarter and a 17% jump from the same quarter last year.
Oct 7, 2025 10:23 AM
— Housing Market
Peter Schiff Says People Are Going to 'Mail In Their Keys' If Home Prices Finally Adjust To Match High Mortgage Rates, Triggering A Housing 'Emergency'
Peter Schiff, a well-known voice in the financial industry, is warning that rising mortgage rates and inflated home prices could lead to a housing crisis where many homeowners may walk away from their homes. He explains that the high housing prices were fueled by low mortgage rates, but now that rates have increased, the prices have not adjusted accordingly. Schiff predicts that this mismatch will... more
Oct 7, 2025 5:24 AM
— Housing Market
Homebuyers Are Canceling Deals at a Record Rate. Here’s Why.
The article discusses how potential homebuyers should be prepared for a competitive housing market, as low mortgage rates continue to drive high demand. It emphasizes the importance of getting pre-approved for a mortgage, having a strong offer strategy, and being willing to move quickly when finding a home they like.
DISCLAIMER: mortgage-rates.ai is an independent information platform created to promote greater transparency in the mortgage market for the benefit of borrowers. mortgage-rates.ai is not a lender, mortgage broker, or financial advisor, and is not registered with the Nationwide Mortgage Licensing System (NMLS). Nothing contained on this website shall be construed as an offer to lend, solicit, or extend credit of any kind.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 600 lenders. Mortgage-Rates.ai does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@mortgage-rates.ai
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.