“Underpinning it all, February’s dip in mortgage rates expanded the refinance-eligible population to 5.4 million borrowers, the largest pool we’ve seen since early 2022, further improving affordability, which is at its best... Read more »
From BLS: Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent, the U.S. Bureau of Labor Statistics reported today. Employment in health... Read more »
Better said loan officers using the Tinman AI app in ChatGPT can take consumer application data and documents and fully underwrite loans to the specific guidelines of more than 45 institutional investors.... Read more »
A decade of MBA Quarterly Performance Reports tells a story the mortgage industry has yet to fully absorb. A 200 basis point gap between TopTier® and Bottom Tier lenders persists. As of... Read more »
Mortgage applications increased for a third straight week—11% from the week prior, according to the Mortgage Bankers Association for the week ending Feb. 27. New home loans and refinancing contributed to the... Read more »
As of today, March 3, 2026, the average 30-year fixed mortgage rate stands at 5.80%, showing a slight dip of one basis point from yesterday. However, this number, while seemingly stable, is... Read more »
If you’re a California resident who co-signed on a parent’s mortgage and now want your name removed, you’re facing a common but complex family and financial dilemma. This situation can affect your... Read more »
California Legal Implications: The Risks of Co-Signing Family Mortgages A recent advice column highlights a financially dangerous scenario that frequently leads to litigation in California probate courts. In a letter to Dear... Read more »
The mortgage market on March 2, 2026, is offering some of the most attractive borrowing costs we’ve seen in years. If you’re thinking about buying a home or refinancing, the numbers are... Read more »
As of March 1, 2026, the mortgage market is offering some of the most attractive rates we’ve seen in quite some time. To put it simply, today’s mortgage rates are hovering near... Read more »