MBA projects that the average interest rate for a 30-year fixed-rate mortgage will increase from 6.3% in the fourth quarter of 2024 to 6.4% in the first quarter of 2026, and then remain at 6.4% through the year.

The Mortgage Bankers Association called for the full Senate to quickly confirm the nominees.

Earnings were helped by a surge in loan applications that locked in September.

Onity is selling reverse-mortgage MSRs to Finance of America Reverse and ending production of the loans.

The parent company of CrossCountry Mortgage priced a $600.0 million debt offering that was upsized due to investor demand.

HEL securitization volume for the first nine months of the year hit $20.58 billion, up 70.8% from the first nine months of 2024.

“After 10 months of deceleration, October brought a small reacceleration in annual house price growth,” said Mark Fleming, chief economist at First American Data & Analytics.

UWM locked $4.8 billion of volume in one day in September, a record for the lender.

During recent times of stress on banks, Fed examiners have reportedly taken a less than positive view on potential usage of FHLBank advances.

Figures from the Census Bureau tracking sales of new homes haven’t been available since data for August due to the recent partial shutdown of the federal government.