Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender’s top-tier 30yr fixed rates were perfectly unchanged from yesterday and in the same narrow range as the past 7 business days (6.29-6.33%). Despite the uneventful outcome, there was some underlying market volatility mid-day following a series of […]
Mortgage Rates Hold Steady For Most Lenders Read More »
Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers Association’s top executive has a plan he calls a safe way for the secondary market to make the purchase of credit reports more competitive too. Processing Content With the two large mortgage buyers starting to
MBA renews press for limited single report as scores compete Read More »
Distressed housing inventory and demand moved higher in the first quarter, reflecting a “continued normalization” back closer to their pre-pandemic levels, according to a new report from Auction.com. Processing Content Completed foreclosure auctions jumped 10% from the fourth quarter of 2025 and 33% from 12 months earlier. Meanwhile, scheduled property dispositions were also up by
Distressed sales numbers show signs of market ‘normalization’ Read More »