Closing costs for a purchase mortgage transaction average 1.04% of the home sales price, but this can range from a low of just 39 basis points to a high of 3.06%, a report from LodeStar Software Solutions found. Processing Content On a dollar basis, the national average was $4,528 with a median home price of […]
Purchase mortgage closing costs dipped in 2025 Read More »
Mortgage rates ended their three-week slide, with the 30-year fixed moving 7 basis points higher as a primary benchmark for pricing loans remained elevated. Processing Content For the first time in a month, the 10-year Treasury yield moved over 4.4% on April 29. Other than that late March rise, the last time it was this
Mortgage rates rise on Iran standoff, FOMC meeting news Read More »
Intercontinental Exchange had more green shoots in its mortgage technology business to start the year, including a sizable gain in transaction revenue. Processing Content The ubiquitous software provider reported mortgage segment revenue of $539 million for the first quarter, building on the 3-year high it posted in the prior reporting period. Within that business, ICE
ICE sees transaction revenue surge in mortgage unit Read More »