The average interest rate for a 30-year fixed-rate mortgage declined by 8 basis points on a weekly basis and hit its lowest level since September 2022.

Opendoor is looking to mortgages to improve profitability after taking a $1.1 billion loss in the fourth quarter of 2025.

Recent inflation trends along with the strong jobs report for January “suggest the lower likelihood of a rate cut” at the next Federal Open Market Committee meeting, according to Joel Kan, a vice president and deputy chief economist at the Mortgage Bankers Association.

Homeowners are beginning to relinquish their COVID-era mortgages.

Issuance of Ginnie Mae mortgage-backed securities increased by 3.5% on a monthly basis in January.

Fannie projects that the average interest rate on a 30-year fixed-rate mortgage will hold at 6.1% in the second quarter before declining to 6.0% in the third quarter and then remain at that level through the end of 2027.

Mixed readings on home starts, sales and prices in January.

“Builders reduced their expectations for future sales as buyers report affordability challenges, which is contributing to declining consumer confidence for the overall economy,” said Buddy Hughes, chair of the National Association of Home Builders.

MFA Financial's net income in the fourth quarter increased 12.9% from the quarter prior.

Union Home Mortgage hired a national vice president of mergers and acquisitions.