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Home equity surge offsets slumping mortgage volume

Uncategorized / Ricky Vasquez

The number of mortgage loans originated fell by 50% between 2021 and 2025, with refinancings down by almost 80%, as interest rates spiked off the record lows of the pandemic era. Processing Content But making up the gap was gains in home equity/second mortgage lending, which in 2025 now represented an “unprecedented” 17.5% share of […]

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What servicers can learn from this year JD Power survey

Uncategorized / Ricky Vasquez

Mortgage servicers posted higher customer satisfaction scores across the board this year, and for the first time, a bank — Chase — edged out Rocket Mortgage for the top spot, according to J.D. Power’s 2026 U.S. Mortgage Servicer Satisfaction Study. Processing Content The 2026 industry average of 607 was a gain of 11 points over

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Highest Rates in Over a Year, But There’s a Silver Lining

Uncategorized / Ricky Vasquez

Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were ‘above average’ and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday’s rates match the highest level in nearly a year.  In other words,

Highest Rates in Over a Year, But There’s a Silver Lining Read More »

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