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Industry News
S
Sarah Wolak
Sep 24
Why credit unions are missing the boat on reverse mortgage demand
Credit unions originated very few of the 36,000 reverse mortgages in the past 12 months, executives told ACUMA attendees
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Mortgage Rates
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Logan Mohtashami
Sep 24
New home sales are at an 8-month high but still stuck after 10 years
Sales reached a 684,000 annual rate, but higher mortgage rates may pressure builder margins and confidence
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Mortgage Rates
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The Boston Globe
Sep 24
Mortgage rates hit 7% as Iran war crushes a weak housing market
The average 30-year, fixed-rate mortgage rate, the most common home loan in the United States, rose to 7.03 percent, up from 6.3 percent a year ago, Freddie Mac said.
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Mortgage Rates
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HuffPost
Sep 24
Average 30-Year Home Loan Passes 7% As Mortgage Rates Keep Climbing
The average rate is now the highest it’s been since Jan. 16, 2025.
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Mortgage Rates
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CBS News
Sep 24
Mortgage rates are back above 7%. How much higher could they climb?
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
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Mortgage Rates
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The Atlanta Journal-Constitution
Sep 24
Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%
The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate in
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Mortgage Rates
R
Ryan Tronier
Sep 24
Home Equity Loan vs. Personal Loan for Debt Consolidation
Weighing a home equity loan against a personal loan to consolidate debt? Compare rates, collateral risk, costs, and timelines to find the...
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Mortgage Rates
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New York Post
Sep 24
Mortgage rates top 7%
The average long-term US mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate incr
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Mortgage Rates
C
CNBC
Sep 24
Mortgage rates are over 7%. Should you buy a home when rates are high?
Rates aren't likely to come down until the Iran war is over. But it's not all bad news — you may be able to get a deal because of low demand.
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Mortgage Rates
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Norfolk Virginian-Pilot
Sep 24
Mortgage rates climb for 5th week, pushing average rate above 7%
The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate in
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Industry News
J
Jonathan Delozier
Sep 23
Unison faces another class-action lawsuit, this time in North Carolina
The case is the latest example of home equity investment providers attracting regulatory and legal scrutiny across the country
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Mortgage Rates
L
Logan Mohtashami
Sep 23
Hot economic data sends mortgage rates to yearly highs
The 10-year yield climbed to a level not seen since 2006 after hot PMI data and more hawkish Fed messaging
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