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Home » Topics » Inside Mortgage Trends » Purchase Lending

Purchase Lending
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Housing Supply Improving, But Affordability Still a Concern

December 13, 2024
James Dohnert
Additional inventory is expected to hit the market next year but homebuyers are expected to continue to face affordability issues.
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Fed Researchers Quantify the Lock-In Effect

December 13, 2024
Dennis Hollier
Federal Reserve researchers found that pandemic-era interest rates reduced mobility by 44%, as many homeowners are reluctant to let go of their low interest rates.
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Commission Changes Causing Confusion During Home Sales

December 13, 2024
James Dohnert
In a recent survey, real estate agents told HomeLight that changes to their commission structure has caused confusion for their clients and added new hurdles to the homebuying process.
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Grapevine: Loan Limits to Increase 5.2%; Rejection Rate Up

November 27, 2024
Brandon Ivey
FHFA announces 2025 conforming loan limits; rejection rate for refis hits survey high; home sales projected to increase; split in home price trends based on location; signs of stabilization for property insurance.
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Borrowers Turn to Advisory-Focused Lenders for Guidance

November 15, 2024
James Dohnert
A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.
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Quality Control Defects on GSE Loans Have Evolved

October 18, 2024
Dennis Hollier
Six of the top 10 significant defects in loans acquired by Fannie Mae in the first quarter of this year weren’t on the list in the last quarter of 2023. Income calculation, though remained at the top of the list.
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Mesa Raises Funding for Homeowner Rewards Program

October 4, 2024
James Dohnert
Mesa’s funding round included investments from Vera Equity, Redwood Trust Horizons and Clocktower Ventures.
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Grapevine: Mixed Trends in Lending; Annaly Taps Rocket

October 4, 2024
Brandon Ivey
Interest rates tick up, mortgage applications slow near the end of September and refi rate locks spike during the month; Annaly turns to Rocket for subservicing and retention; Fairway touts returning employees; mortgage tech developments; SitusAMC sells loan insurance entity.
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AI, Automation Can Help Lenders Reach Digital Native Borrowers

September 6, 2024
James Dohnert
Mark Cunningham, CEO at TRAiNED, believes new technologies can be leveraged to better reach so-called digital native homebuyers.
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Rocket Works on Sustainable Market Share Growth

August 9, 2024
Brandon Ivey
Rocket is turning profits again after taking a loss in 2023. Now the lender is working to regain the market share it lost, using various strategies for both purchase mortgages and refinances.
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