Loan quality takes a hit even as mortgage origination volume slows

Loan quality takes a hit even as mortgage origination volume slows

The overall critical defect rate for mortgages increased in the first quarter of 2024, ending five consecutive quarters of decline. But the increase itself was relatively modest and the share of loans... Read more »
Mortgage Rate Predictions for the Next 5 Years: What to Expect

Mortgage Rate Predictions for the Next 5 Years: What to Expect

The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential... Read more »
Weekly mortgage demand surges as interest rates hit two-year low

Weekly mortgage demand surges as interest rates hit two-year low

A home with a “Sold” sign from a real estate company in North Patchogue, New York. Steve Pfost | Newsday | Getty Images Mortgage rates came down again last week, and with... Read more »
How a 1% Drop in Mortgage Rates Can Boost Home Buying in 2024

How a 1% Drop in Mortgage Rates Can Boost Home Buying in 2024

Imagine this: you’re looking to buy your dream home, and the mortgage rates just dropped by 1%. This drop could turn your dream into reality by saving you money every month and... Read more »
Loan quality takes a hit even as mortgage origination volume slows

Fed policy is set to change. How will mortgage rates respond?

Federal Reserve policymakers are expected to lower the benchmark interest rate on Wednesday for the first time in more than four years. But it appears to be anyone’s guess as to how... Read more »
Mortgage Rate Predictions by J.P. Morgan: Insights for 2024

Mortgage Rate Predictions by J.P. Morgan: Insights for 2024

Have you been pondering the future of mortgage rates? Mortgage rate predictions are more than just statistical numbers; they carry significant weight in the housing market, impacting both potential homebuyers and existing homeowners alike.... Read more »
Mortgage Rates Predictions for Next 2 Years: 2025-2026

Mortgage Rates Predictions for Next 2 Years: 2025-2026

Mortgage rate predictions for the next two years indicate a general trend of declining rates, following a period of high rates due to inflation and Federal Reserve policies. Here’s a comprehensive overview... Read more »
Lower mortgage rates attracting more homebuyers

Lower mortgage rates attracting more homebuyers

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without... Read more »
Mortgage Rates Fall 98 Basis Points as Compared to Last Year

Mortgage Rates Fall 98 Basis Points as Compared to Last Year

Have you been hearing the buzz about how mortgage rates have recently changed? Well, mortgage rates fall 98 basis points as compared to last year is the news that’s making waves and is catching... Read more »
Loan quality takes a hit even as mortgage origination volume slows

Mortgage software firm LenderLogix hires sales expert Ben Head

Buffalo, New York-based mortgage technology firm LenderLogix, a top provider of point-of-sale (POS) and automation software for independent mortgage banks, commercial banks and third-party brokers, announced Thursday that Ben Head will join... Read more »