Mortgage rates backed off their recent 2026 high this week after concerns over an escalation of the Iran War temporarily subsided, but the numbers don’t necessarily mean an end to ongoing volatility, economists warned. Processing Content The 30-year fixed average decreased 9 basis points to 6.37%, according to Freddie Mac’s Primary Mortgage Market Survey of […]
Iran ceasefire brings brief reprieve for mortgage rates Read More »
Mortgage credit availability reached a three-year high in time for the spring housing market, including a rebound in government-sponsored loan products. Processing Content The Mortgage Bankers Association Thursday also reported modest monthly gains in conforming and jumbo credit in its Mortgage Credit Availability Index for March. The index’s overall 108.3 reading represented a 1.1% gain
Mortgage credit hits three-year high entering spring market Read More »
Guild Mortgage could be saving a few million dollars after a federal appellate court vacated a big award for attorneys for a whistleblower in a decade-old Academy Mortgage lawsuit. Processing Content The lender, which was purchased by Guild in 2024, had agreed in 2022 to a $38.5 settlement to resolve a False Claims Act lawsuit
Guild-owned Academy beats back $8.5M attorney award Read More »