“We are seeing lead costs trend higher across the board,” said Praveen Chandramohan, senior vice president at Cotality Mortgage Data Solutions. “Because the ban removes a high-volume, low-cost source of data, lenders... Read more »
“Rising property taxes and insurance premiums continue to reshape what homeowners experience month to month, and escrow is often where that impact shows up first,” said Katie Brewer, CEO of LERETA. “This... Read more »
As of today, February 8, 2026, the popular 30-year fixed mortgage rate has seen a slight uptick, now sitting at 5.99%. While this might sound like a small change, understanding these shifts... Read more »
Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April. In October, the average home price across the six-county... Read more »
ICE said that the increase largely reflects calendar effects rather than a broad deterioration in borrower performance. Similar calendar-driven increases occurred in 2014, 2008 and 2003, each of which produced larger November... Read more »
Today’s mortgage rates are showing a welcome bit of stability. The national average for a 30-year fixed-rate mortgage is currently sitting around 6.21%, a figure that’s thankfully lower than it was a year... Read more »
Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. A report released Monday by the National Association of Realtors (NAR) showed... Read more »
Jeff Greenberg | Universal Images Group | Getty Images Mortgage rates moved markedly higher last week, causing overall mortgage demand to drop. Total application volume fell 0.7% compared with the previous week,... Read more »
Executives at mortgage lenders anticipate a minimum 20% increase in credit reporting costs in 2025 compared to 2024. And the soaring costs will hit as lenders try to dig out from multiple... Read more »
In September, the Federal Reserve lowered its benchmark interest rate for the first time since 2020, giving hope to prospective home buyers that mortgage rates would follow suit. But instead of declining,... Read more »