An erratic mortgage rate market has not necessarily been a “farewell to ARMs,” as Zillow reports the share of ARM apps hit a 15-year high point, comprised primarily of those making nearly $75,000 more than the average borrower.
The post More Affluent Buyers Turning to ARMs appeared first on theMReport.com.
The FHFA’s latest report outlines how the Enterprises performed on key housing affordability and access goals amid evolving market conditions. The post FHFA Details Housing Goal Performance,...
After stepping down from his role in November 2023, David Benson, the former President of Fannie Mae, is rejoining the government-sponsored enterprise in the capacity of Senior Adviser. The post...
The average 30-year mortgage rate now hovers at around 6.2%, just over half a percentage point lower than the 6.8% average recorded earlier this year. Despite this, homebuying...
To achieve the American Dream, many U.S. homebuyers are willing to look past the frightful prospect of a haunted home, with a new LendingTree report revealing the share of buyers that would...
Even as foreclosure filings rise, fewer properties are being abandoned, signaling continued strength in housing demand, according to ATTOM’s new report. The post How Zombie Foreclosures, Vacancy...
The Chicago Housing Authority (CHA) is suing the U.S. Department of Housing and Urban Development (HUD), seeking immediate intervention from the court regarding new conditions HUD has placed on...
Rents across the United States continued their steady descent in September 2025, marking the 26th consecutive month of year-over-year declines. According to Realtor.com’s rental data, the median...
Fannie Mae and Freddie Mac had diverging results for the third quarter, the GSEs reported today. Fannie Mae earned $3.9 billion for the third quarter of 2025, compared with $3.3 billion for the...
The U.S. District Court for the Eastern District of Kentucky today issued an injunction halting the implementation of the Consumer Protection Financial Bureau’s (CFPB) Personal Financial Data...
Dr. Cheryl Travis-Johnson, EVP and COO of VRM Mortgage Services, passed away last week. Cheryl was a dedicated industry veteran with over 30 years of service. Since joining VRM in 2008, she was...
As Executive Director of VA's Loan Guaranty Service, Bell had extensive mortgage industry experience, having served in leadership roles with nationwide lenders for over 20 years before starting...
In a new report, LendingTree revealed how the Fed cutting rates and other factors are keeping more money in homeowners’ pockets, and what falling mortgage rates could mean for aspiring buyers. The...
Despite easing mortgage rates and a strong stock market, contract signings plateaued in September, reflecting a cautious housing market and uneven regional trends. The post Pending Home Sales Flat...
The U.S. Federal Housing Finance Agency (FHFA) has released its findings from the monthly House Price Index (HPI), revealing new data surrounding home price increases, housing growth, the...
U.S. Department of Housing and Urban Development (HUD) homeless housing program cuts “should be implemented carefully,” House Republicans cautioned in a letter to the Trump Administration,...
As expected, the Federal Open Market Committee (FOMC) cut interest rates by 25 basis points today, a move that will lower rates for various types of credit, though any impact mortgage rates is...
America’s adaptive reuse boom hit new heights in 2024, turning a record number of old buildings into apartments as demand for housing met a glut of underused properties. Nearly 25,000 apartments...
The Consumer Protection Financial Bureau (CFPB) has reaffirmed that the federal Fair Credit Reporting Act (FCRA) broadly preempts state laws related to credit reporting, restoring a national...
Consumers have mixed reactions to tomorrow’s 25-basis point rate cut by the FOMC on Wednesday, according to a WalletHub survey. “Interest rates on financial products, from credit cards to car...
"August's data shows U.S. home prices continuing to slow," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. "This marks the weakest...
