Latest News

Mortgage applications increased 11% from one week earlier; Fannie Mae’s Home Purchase Sentiment Index ticked up slightly to 69.2; U.S. housing inventory reached its highest level since the pandemic began; […]

Pending home sales jumped 6.1% in March; mortgage applications decreased 4.2% from one week earlier; interest rates fell for the second week in a row, from 6.76% from 6.81%; Fannie […]

Contract closings decreased 5.9% last month to an annualized rate of 4.02 million, while new home sales increased by 7.4%; mortgage applications decreased 12.7 percent from one week earlier; nationwide, […]

The average rate on a 30-year fixed loan plunged 12 basis points to 6.63%; mortgage applications decreased 1.6% from one week earlier; new listings climbed 10.2% year-over-year, marking the highest […]

To better serve an important segment of the mortgage market, the CMS correspondent channel is concentrating exclusively on underwriting and purchasing non-QM loans. Read Press Release ANAHEIM, Calif. (April 2, […]

Mortgage rates fell for the first time in three weeks to 6.65%; home-price growth accelerated slightly in January as buyers fought over tight supply; pending home sales improved by 2.0% […]

Sales of previously owned homes rose 4.2% in February; mortgage rates increased for the second week in a row to 6.67%; mortgage applications decreased 6.2% from one week earlier; home […]

Refinance activity went up 16% this week, while purchase applications rose and rates declined for the sixth consecutive week; mortgage credit availability increased for the third consecutive month; new home […]

Mortgage applications increased 20.4% from one week earlier; interest rates fell to 6.63% this week, the largest weekly decline since September; construction costs could increase by 4% to 6% over […]

Pending home sales dropped 4.6% from December, the lowest level on record; mortgage rates dropped for the sixth straight week to 6.76%; mortgage application payments increased 3.7%; home prices grew […]