Most Recent Mortgage News

High Mortgage Rates Are Delaying Home Purchases

High Mortgage Rates Are Delaying Home Purchases

This morning, the National Association of Realtors (NAR) reported that pending home sales dropped 6.3% in April from a month...

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Faced with mounting affordability challenges, millennials are fleeing large cities

Faced with mounting affordability challenges, millennials are fleeing large cities

“Often the challenges center on affordability,” he said. “The millennial buyer has more ongoing monthly expenses than previous generations. Thirty...

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Feds drop redlining consent order for Trustmark National Bank

Feds drop redlining consent order for Trustmark National Bank

Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation.  The Jackson,...

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FCA encourages lenders to ‘rebalance’ mortgage risk   – Mortgage Strategy

FCA encourages lenders to ‘rebalance’ mortgage risk   – Mortgage Strategy

The Financial Conduct Authority challenged lenders to “rebalance” how they view risk by looking at savings when weighing up mortgages...

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Mortgage Rates Are Still Expected to Come Down By the End of 2025

Mortgage Rates Are Still Expected to Come Down By the End of 2025

With so many calls for higher mortgage rates lately, now might be the perfect time to play contrarian. It’s something...

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Supreme Court signals support for Fed autonomy amid broader executive power shift

Supreme Court signals support for Fed autonomy amid broader executive power shift

Still, the majority’s carveout could represent a pivotal moment for central bank independence. For nearly a century, Congress has relied...

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The Top 50 Women Producers in 2025

The Top 50 Women Producers in 2025

A loan officer at a credit union, Stephanie Dombrowski, is this year’s Top Producer among women. Dombrowski, who works at...

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Investec reports growth in UK loans business – Mortgage Strategy

Investec reports growth in UK loans business – Mortgage Strategy

Investec’s UK specialist banking operation has reported that net core loans grew 1.4% to £16.8bn for the year to end...

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Is the Magic Number for Mortgage Rates Now Anything Close to 6%?

Is the Magic Number for Mortgage Rates Now Anything Close to 6%?

One silver lining to elevated mortgage rates, other than the refinance opportunity later, has been a shifting psychology. A few...

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How brokers can help hesitant buyers off the sidelines

How brokers can help hesitant buyers off the sidelines

According to the same report, new home listings increased to their highest level since July 2022. A buyer’s market may...

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