Locks for purchase mortgages increased by 22.9% on a monthly basis in March, according to Mortgage Capital Trading.

The average interest rate on a 30-year fixed-rate mortgage fell to 6.37% as of Thursday, down from 6.46% the week prior, according to Freddie Mac.

The SEC is seeking more information from Egan-Jones Ratings on its application for authority to rate ABS and government securities.

The promotion is available for borrowers with credit scores of 700 or above, for conventional mortgages and government-insured loans.

loanDepot has already been originating both HELOCs and closed-end second liens.

Deliveries of purchase mortgages to agency MBS were essentially level in the first quarter of 2026 compared with the first quarter of 2025. Refi business remained elevated. (Includes two data tables.)

“There are hundreds of thousands more home sellers in the market than buyers because buyers have been spooked by high mortgage rates, high prices and economic uncertainty,” Redfin said.

Warehouse borrowing capacity increased by 15.7% on an annual basis in 2025. And then interest rates on mortgages spiked in March. (Includes data table.)

Two Harbors Investment faced difficulties obtaining shareholder approval for its acquisition by United Wholesale Mortgage after the latter’s stock price declined.

“Independent mortgage banks have navigated the most volatile interest rate cycles in a generation without a taxpayer backstop,” according to Pennymac.