Mortgage rates have moved north of 7% and are poised to remain there for the foreseeable future. And a more expensive climate for borrowers has pushed lenders to reduce their originations forecasts for the next year. At HousingWire‘s Mortgage Rates Center on Tuesday, published rates for 30-year conforming loans averaged 7.32%, up 4 basis points […]

Mortgage rates didn’t move much on Tuesday, but at least it was in the right direction. Perhaps more exciting is the fact that the average lender is now at the lowest levels in a week with top-tier 30yr fixed rates at 7.17% versus 7.19% yesterday. This matches September 14th’s rates. Before that, you’d have to

Property insurance claims are decreasing by volume but heading in the opposite direction in severity and cost, a trend that servicers will need to monitor as they work with homeowners following extreme weather events. Processing Content The number of U.S. claim assignments dropped to 1.24 million in the second quarter, falling 12.2% on a year-over-year