Mortgage credit at its tightest since December 2025

After flatlining for much of the spring, credit availability last month fell to its lowest point since late 2025, as lenders pulled back on federal lending programs, according to the latest report from the Mortgage Bankers Association.  Processing Content The trade group’s Mortgage Credit Availability Index dropped 2% to a reading of 105.8 in June, […]

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Insurance now eats up 8.5% of housing costs: report

Extreme weather disasters, along with inflation, are elevating the cost of home insurance across the country, a new industry report found. Processing Content Home insurance makes up 8.5% of typical monthly housing costs for homeowners with a mortgage nationwide, which equates to $200 of an estimated total monthly housing cost of $2,354, according to LendingTree.

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