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Mortgage rates continued to climb this week and are now approaching 7% for locked loans across all borrower credit profiles. But home purchase and refinance demand hasn’t fallen steeply despite the increased affordability pressures. On Tuesday, HousingWire‘s Mortgage Rates Center showed that rates for 30-year conforming loans averaged 6.94%, up 9 basis points from one […]

Newrez delivered a higher profit in the second quarter of 2026 as its mortgage servicing performance improved and originations increased compared to the prior quarter. Executives at parent company Rithm Capital said Tuesday that the company is projected to originate about $65 billion this year, compared to $63.4 billion in 2025. “Results were driven by

Key insight: The Federal Reserve’s preferred economic indicators in recent weeks support the central bank keeping interest rates unchanged, while certain real-time data suggest a rate hike to tamp down inflation might be in order. Expert quote: “My suspicion is the chair will find it in his own best interest to describe the committee’s reaction