New-home purchase originations notably fell in July as mortgage rates climbed during the month. Processing Content Applications for newly built homes slowed 5.7% year over year, according to the Mortgage Bankers Association’s monthly builders survey. Compared to June’s increased activity, volumes dropped 1% on an unadjusted basis. “Purchase activity for newly built homes slowed in […]

Efforts by the U.S. Treasury to stabilize volatile bond yields gave mortgage rates a temporary pause this week, but federal deficit pressures quickly checked any meaningful drop. With benchmark long-term yields reaching a 19-year high on news the federal deficit reached $1.8 trillion for the first 10 months of fiscal year 2026, the brief reprieve

Multiple lenders are teaming up with fintechs this summer to improve operations and the borrower experience. Processing Content Just as recent mortgage industry consolidation has put the spotlight on the value of operating with the newest technology, vendors are continually looking for ways to augment their services and have several recent wins to celebrate.  The