Mortgage News:
 
Builder Sentiment Survey Not Yet Reflecting Recent Rate Changes
1/16/2026 1:23 PM
Builder confidence slipped to start the year, with the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) falling two points to 37 in January. The erasure of December’s modest gains doesn"t really do much to change the broader picture: builder sentiment remains stuck in a holding pattern near its lowest levels, weig...Read More
 
Existing-Home Sales Jump 5.1% in December, Strongest Pace in Nearly Three Years
1/14/2026 11:52 AM
Existing-home sales posted a notable year-end rebound in December, jumping 5.1% to a seasonally adjusted annual rate of 4.35 million , according to the National Association of Realtors (NAR). After adjusting for seasonal factors, December sales were the strongest in nearly three years, marking a broad-based improvement across all four regions. ...Read More
 
Bond Buying Announcement Leads Surge in Mortgage Apps
1/14/2026 11:37 AM
As we reported last week, the announcement that Fannie and Freddie would buy $200bln in mortgage-backed securities led to a precipitous drop in rates last week. For most of Friday, the top tier 30yr fixed rate was at 5.99% for the average lender according to MND"s daily mortgage rate index--the lowest in roughly 3 years.  And that single day ...Read More
 
Highest Existing Home Sales in 8 Months But Don"t Get Excited
12/19/2025 12:55 PM
Existing-home sales extended their recent stabilization in November, rising 0.5% to a seasonally adjusted annual rate of 4.13 million , according to the National Association of Realtors (NAR). This is the 3rd straight increase and annualized sales are at their highest level in 8 months. The catch is that--much like several other housing metrics--...Read More
 
Three Straight Months of Improvement in Builder Confidence, But There"s a Catch
12/19/2025 12:39 PM
The December National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) edged up one point to 39. This is the 3rd straight month of improvement in the index--a development that could be confused for something encouraging.  But the reality is that builder confidence is merely drifting along just barely above the lowest ...Read More
 
Mortgage Apps Still Strong vs Last Year, But Down Slightly Last Week
12/19/2025 12:33 PM
Seasonally adjusted mortgage application activity declined 3.8% last week, according to MBA’s Weekly Mortgage Applications Survey for the week ending December 12. Unadjusted applications fell 5% from the prior week, reflecting a typical seasonal slowdown as the year draws to a close. The Refinance Index slipped 4% from the previous week but remain...Read More
 
Mortgage Apps Bounce Back, Led By Refi Reversal
12/10/2025 2:52 PM
Seasonally adjusted mortgage application activity rose 4.8% last week, according to MBA’s Weekly Mortgage Applications Survey for the week ending December 5. Unadjusted applications jumped 49% from the prior week, reflecting a rebound following the Thanksgiving-related slowdown. The Refinance Index surged 14% from the previous week and remains 88%...Read More
 
Mortgage Apps Ebb Despite Strongest Purchase Demand in Years
12/5/2025 12:43 PM
Seasonally adjusted mortgage application activity edged 1.4% lower last week according to MBA’s Weekly Mortgage Applications Survey for the week ending November 28. Unadjusted applications were down sharply (33%) due to the holiday. The Refinance Index slipped 4% from the previous week but remains 109% higher than the same week one year ago—still ...Read More
 
Conforming Loan Limit Rises to $832,750 Amid Lowest Home Price Growth Since 2012
11/25/2025 2:13 PM
Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains consistent: home prices are still higher than a year ago, but the pace of appreciation continues to slow. FHFA’s national index shows prices up 1.7% year-over-year and flat 0.0% month-over-month in September after August was ...Read More
 
Small Steps Higher, Same Stubbornly Low Territory for Existing Home Sales
11/21/2025 12:45 PM
Existing-home sales posted another modest gain in October, rising 1.2% to a seasonally adjusted annual rate of 4.10 million , according to the National Association of Realtors (NAR). Sales are now 1.7% higher than a year ago as lower mortgage rates helped offset the drag from the government shutdown. Demand continues to run stronger than it did th...Read More




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