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Mortgage
Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%
Jun 23, 2026With mortgage rates above 6.50% these days, the average home buyer today actually pays more in interest than the purchase price. For example, a $400,000 home with 20% down and...
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Mortgage
Mr. Cooper and three bureaus reported on-time borrowers late, suit alleges
Jun 22, 2026Their credit reports told a different story. According to the filing, Nationstar/Mr. Cooper reported them 60 days late in May 2025 and 90 days late in June 2025 – the...
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Mortgage
‘Stop prompting, start delegating’: Anthropic exec to banks
Jun 21, 2026Key insight: McNamara broke down three types of agentic deployment she sees in the financial industry — internal productivity, faster workflows and net-new products — and argued the real ROI...
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Mortgage
15 June to 19 June – Mortgage Strategy
Jun 20, 2026This week’s top headlines: Santander reducing rates across its mortgage range and Renters Rights Act triggers evictions Explore these and other major industry updates below: Santander cuts mortgage rates, fees...
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Mortgage
Mortgage Rates Dip on Peace Deal, But May Take Time to Fully Recover
Jun 19, 2026Mortgage rates got a little boost today thanks to an apparent peace deal between the U.S. and Iran. However, the 30-year fixed remains well above the average seen before the...
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Mortgage
Fed projects one 2026 rate hike as Warsh skips dot plot submission
Jun 18, 2026On Wednesday, Warsh refused to be drawn on whether he had spoken with Trump since his swearing-in weeks ago. “On the President, I don’t have anything for you,” he said,...
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Mortgage
Housing bill deal reached in Congress after long standoff
Jun 17, 2026Leaders in the US House and Senate announced a deal Tuesday on a sweeping housing bill, ending a months-long standoff between the chambers over competing versions of the measure. Processing Content The...
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