The Federal Housing Association is likely to continue to take market share away from the private mortgage insurers for the foreseeable future, a Keefe, Bruyette & Woods report said. Insurance-in-force for all forms of mortgage insurance grew by 1.3% between the first and second quarters and by 5.5% year-over-year, the report from Bose George and […]

Young homebuyers are taking the adage “marry the house, date the rate” to heart, but that could set them up for potential problems in the future, a new report warns. Nearly two-thirds of millennial and Gen Z homebuyers said it was “important” or “extremely important” that they be able to refinance their homes in the

US mortgage rates dropped last week by the most since February, enticing homeowners to step up refinancing. The contract rate on a 30-year mortgage declined 10 basis points to 6.67% in the week ended Aug. 8, according to Mortgage Bankers Association data released Wednesday. The rate on a 15-year mortgage retreated below 6% for the