https://www.mortgage.news Latest mortgage news, rates, and market analysis en-us Thu, 15 Oct 2026 16:34:42 GMT https://www.mortgage.news/article/new-home-sales-august-2026-compare-builder-financing https://www.mortgage.news/article/new-home-sales-august-2026-compare-builder-financing Thu, 15 Oct 2026 16:15:20 GMT August’s preliminary sales increase is not conclusive. For new-home buyers and their loan officers, the useful next step is comparing the full price and financing package. Housing Market https://www.mortgage.news/article/mismo-inaugural-frame-advisory-partners-ai-governance-october-2026 https://www.mortgage.news/article/mismo-inaugural-frame-advisory-partners-ai-governance-october-2026 Thu, 15 Oct 2026 16:15:20 GMT Six consulting firms earned MISMO's new certification to help lenders and servicers apply its FRAME AI governance framework. Industry https://www.mortgage.news/article/producer-prices-jump-1-3-percent-september-2026-ppi https://www.mortgage.news/article/producer-prices-jump-1-3-percent-september-2026-ppi Thu, 15 Oct 2026 16:15:20 GMT The Labor Department's producer price index for final demand rose 1.3% in September and 6.3% from a year earlier. Here is what the release shows and what it does not. Economy https://www.mortgage.news/article/promise-robotics-d-r-horton-factory-as-a-service-agreement-october-2026 https://www.mortgage.news/article/promise-robotics-d-r-horton-factory-as-a-service-agreement-october-2026 Thu, 15 Oct 2026 16:15:20 GMT The agreement gives the nation's largest builder by volume access to robotic production capacity to support more than 1,250 homes. A planned Phoenix factory is expected to start in early 2027. Housing https://www.mortgage.news/article/fairway-home-mortgage-implements-vantagescore-4-0-october-2026 https://www.mortgage.news/article/fairway-home-mortgage-implements-vantagescore-4-0-october-2026 Thu, 15 Oct 2026 16:15:20 GMT VantageScore says Fairway has implemented its 4.0 credit model. Borrowers should still ask which loan programs and investors accept it. Mortgage https://www.mortgage.news/article/pentiv-pineapple-financial-mortgage-brokerage-intelligence-platform-october-2026 https://www.mortgage.news/article/pentiv-pineapple-financial-mortgage-brokerage-intelligence-platform-october-2026 Thu, 15 Oct 2026 16:15:20 GMT The Toronto-based mortgage company says Pentiv will sit above existing origination systems, starting with recruiting and renewal tools already used inside Pineapple+. Industry https://www.mortgage.news/article/beige-book-october-2026-uneven-regional-housing-mortgage-demand https://www.mortgage.news/article/beige-book-october-2026-uneven-regional-housing-mortgage-demand Thu, 15 Oct 2026 16:15:20 GMT Contacts in several Federal Reserve districts said higher mortgage rates slowed home sales in September, while others reported steadier or improving activity. Housing Market https://www.mortgage.news/article/fannie-mae-october-2026-housing-forecast-lowers-2027-sales-originations https://www.mortgage.news/article/fannie-mae-october-2026-housing-forecast-lowers-2027-sales-originations Thu, 15 Oct 2026 16:15:20 GMT Fannie Mae's Economic and Strategic Research group now projects a higher 2027 mortgage rate path, fewer home sales and lower single-family originations than it did in September. Housing Market https://www.mortgage.news/article/u-s-debt-dispute-puts-mortgage-rates-in-focus-as-treasury-yields-climb-mv9njque https://www.mortgage.news/article/u-s-debt-dispute-puts-mortgage-rates-in-focus-as-treasury-yields-climb-mv9njque Thu, 15 Oct 2026 16:02:02 GMT A dispute between the U.S. Treasury and the International Monetary Fund over the country’s mounting federal debt is highlighting a critical question for the housing market: Can economic growth bring borrowing costs down, or will persistent deficits and inflation keep long-term interest rates elevated? The debate has direct implications for mortgage lenders, homebuyers and homeowners considering refinancing. The average 30-year fixed mortgage rate reached 7.40% on Oct. 8, its highest level since November 2023, according to Freddie Mac figures reported by Reuters. Although Treasury yields have since shown substantial volatility, the broader challenge for housing remains the same: Mortgage rates depend on more than the Federal Reserve’s short-term policy decisions. Mortgage https://www.mortgage.news/article/hot-cpi-lower-10-year-yield-ai-debt-october-14-2026 https://www.mortgage.news/article/hot-cpi-lower-10-year-yield-ai-debt-october-14-2026 Thu, 15 Oct 2026 02:47:08 GMT Inflation accelerated, yet the 10-year Treasury yield eased. AI borrowing offers one possible explanation, with important limits. Analysis https://www.mortgage.news/article/americans-are-falling-behind-on-bills-could-refinancing-help-homeowners-regain-control-mv8auikx https://www.mortgage.news/article/americans-are-falling-behind-on-bills-could-refinancing-help-homeowners-regain-control-mv8auikx Wed, 14 Oct 2026 16:03:31 GMT Rising delinquencies, mounting household debt and persistent cost-of-living pressure are putting renewed focus on a financial strategy for eligible homeowners: using a mortgage refinance to consolidate high-interest debt and potentially lower monthly obligations. Mortgage https://www.mortgage.news/article/realtor-com-september-2026-luxury-threshold-1-2-million-30th-annual-decline https://www.mortgage.news/article/realtor-com-september-2026-luxury-threshold-1-2-million-30th-annual-decline Wed, 14 Oct 2026 15:00:54 GMT Realtor.com said Oct. 14 that the asking price marking the top 10% of U.S. listings was $1,199,321 in September, down 3.6% from a year earlier and the lowest since January 2023. Housing Market https://www.mortgage.news/article/september-2026-cpi-shelter-up-0-4-percent-rent-0-2-percent-housing-costs https://www.mortgage.news/article/september-2026-cpi-shelter-up-0-4-percent-rent-0-2-percent-housing-costs Wed, 14 Oct 2026 14:44:58 GMT The Labor Department said Oct. 14 that its shelter index rose 0.4% in September and 3.2% from a year earlier. Rent rose 0.2% for the month, while gasoline drove much of the 0.6% overall increase. Housing Market https://www.mortgage.news/article/jpmorgan-wells-fargo-third-quarter-2026-home-lending-revenue-falls-mortgage-banking https://www.mortgage.news/article/jpmorgan-wells-fargo-third-quarter-2026-home-lending-revenue-falls-mortgage-banking Wed, 14 Oct 2026 14:44:58 GMT JPMorgan's Home Lending net revenue fell 3% from a year earlier to $1.2 billion and Wells Fargo's fell 15% to $743 million, the banks reported Oct. 13, even as both posted higher overall profits. Industry https://www.mortgage.news/article/mba-weekly-applications-fall-2-7-percent-30-year-rate-7-5-percent-arm-share-october-14-2026 https://www.mortgage.news/article/mba-weekly-applications-fall-2-7-percent-30-year-rate-7-5-percent-arm-share-october-14-2026 Wed, 14 Oct 2026 14:44:58 GMT MBA said Oct. 14 that applications fell 2.7% in the week ending Oct. 9, purchase applications fell 4%, and the ARM share rose to 10.5% as its 30-year conforming rate reached 7.5%. Rates https://www.mortgage.news/article/mba-affordability-in-action-policy-roadmap-tri-merge-llpa-fha-mip-october-2026 https://www.mortgage.news/article/mba-affordability-in-action-policy-roadmap-tri-merge-llpa-fha-mip-october-2026 Wed, 14 Oct 2026 14:44:58 GMT The Mortgage Bankers Association on Oct. 14 released a set of proposed administrative and regulatory changes aimed at lowering closing costs, monthly payments and the cost of building housing. None has been adopted. Mortgage https://www.mortgage.news/article/ginnie-mae-september-2026-issuance-46-5-billion-portfolio-3-03-trillion https://www.mortgage.news/article/ginnie-mae-september-2026-issuance-46-5-billion-portfolio-3-03-trillion Wed, 14 Oct 2026 14:44:58 GMT Ginnie Mae said Oct. 13 that it issued $46.52 billion of mortgage-backed securities in September, below the $52 billion to $54 billion pace of the prior three months, while its outstanding portfolio grew to $3.03 trillion. Industry https://www.mortgage.news/article/freddie-mac-resolve-event-based-default-reporting-september-2027-servicers https://www.mortgage.news/article/freddie-mac-resolve-event-based-default-reporting-september-2027-servicers Wed, 14 Oct 2026 14:44:58 GMT Freddie Mac said Oct. 12 that servicers must report delinquent-loan events through its Resolve platform starting Sept. 27, 2027, replacing monthly reporting through its Electronic Default Reporting tool. The next step arrives Oct. 15. Industry https://www.mortgage.news/article/mortgage-convexity-hedging-treasury-yields-mbs-spreads-october-13-2026 https://www.mortgage.news/article/mortgage-convexity-hedging-treasury-yields-mbs-spreads-october-13-2026 Tue, 13 Oct 2026 14:39:09 GMT Reuters reported Oct. 12 that rising yields have pushed mortgage bond investors to hedge, adding selling pressure to Treasurys. Analysts quoted said the impact is smaller than in past selloffs. Here is what that means for mortgage rates. Mortgage https://www.mortgage.news/article/firstclose-cotality-home-equity-platform-seven-day-close-october-2026 https://www.mortgage.news/article/firstclose-cotality-home-equity-platform-seven-day-close-october-2026 Tue, 13 Oct 2026 14:39:09 GMT FirstClose said Oct. 12 that a deeper integration with Cotality's property, valuation, flood, tax and title data lets lenders run home equity loans in one workflow, with closes in as little as seven days. Industry https://www.mortgage.news/article/td-bank-agentic-ai-mortgage-funding-discharge-canada-october-2026 https://www.mortgage.news/article/td-bank-agentic-ai-mortgage-funding-discharge-canada-october-2026 Tue, 13 Oct 2026 14:39:09 GMT TD Bank Group said Oct. 13 it has added AI tools that prepare case summaries for mortgage funding and assemble discharge statements, with staff reviewing every output. TD says funding reviews can take up to half the time. Industry https://www.mortgage.news/article/tavant-mortgage-data-foundry-launch-lenders-mismo-data-layer-october-2026 https://www.mortgage.news/article/tavant-mortgage-data-foundry-launch-lenders-mismo-data-layer-october-2026 Tue, 13 Oct 2026 14:39:09 GMT Tavant said Oct. 12 that its new Mortgage Data Foundry reads data from lenders' CRM, pricing, origination, servicing and accounting systems into one MISMO-based layer, with cost savings it describes as design targets. Industry https://www.mortgage.news/article/nar-existing-home-sales-september-2026-3-99-million-inventory-1-60-million https://www.mortgage.news/article/nar-existing-home-sales-september-2026-3-99-million-inventory-1-60-million Tue, 13 Oct 2026 14:39:09 GMT NAR said Oct. 13 that September sales edged up to a 3.99 million annual pace, still down 2.2% from a year ago, while inventory reached 1.60 million homes and the median price rose 1.3% to $417,500. Housing Market https://www.mortgage.news/article/mba-2027-forecast-originations-fall-5-percent-mortgage-rates-above-7-percent https://www.mortgage.news/article/mba-2027-forecast-originations-fall-5-percent-mortgage-rates-above-7-percent Mon, 12 Oct 2026 14:44:58 GMT At its annual convention in Chicago on Oct. 11, MBA projected just under $2 trillion in 2027 single-family originations, with purchase lending flat and refinances down 17%. Industry https://www.mortgage.news/article/ncino-loan-officer-productivity-suite-mortgage-ai-october-2026 https://www.mortgage.news/article/ncino-loan-officer-productivity-suite-mortgage-ai-october-2026 Mon, 12 Oct 2026 14:44:58 GMT nCino said Oct. 12 its Loan Officer Productivity Suite brings an AI assistant, eligibility prechecks, AUS task summaries and automated preapprovals and disclosures into its mortgage point of sale. Industry https://www.mortgage.news/article/place-acquires-ardley-mortgage-retention-recapture-software-after-maxwell https://www.mortgage.news/article/place-acquires-ardley-mortgage-retention-recapture-software-after-maxwell Mon, 12 Oct 2026 14:44:58 GMT PLACE said Oct. 9 it agreed to acquire Ardley, which analyzes servicing portfolios and sends borrowers pre-structured loan offers. Financial terms were not disclosed. Industry https://www.mortgage.news/article/mba-fti-consulting-cybersecurity-member-benefit-mortgage-companies-october-2026 https://www.mortgage.news/article/mba-fti-consulting-cybersecurity-member-benefit-mortgage-companies-october-2026 Mon, 12 Oct 2026 14:44:58 GMT MBA said Oct. 9 its members will get preferred access to FTI Consulting for security assessments, threat monitoring and incident-response support, without requiring a full audit. Industry https://www.mortgage.news/article/exp-realty-newrez-revenos-mortgage-joint-venture-early-2027-launch https://www.mortgage.news/article/exp-realty-newrez-revenos-mortgage-joint-venture-early-2027-launch Mon, 12 Oct 2026 14:44:58 GMT Announced Oct. 8 at eXpcon, Revenos Mortgage, powered by Newrez, will serve eXp agents and their clients. It is not live yet, and product and pricing details have not been released. Industry https://www.mortgage.news/article/ocrolus-detect-fraud-checks-included-no-added-cost-mortgage-customers https://www.mortgage.news/article/ocrolus-detect-fraud-checks-included-no-added-cost-mortgage-customers Mon, 12 Oct 2026 14:44:58 GMT Ocrolus said Oct. 12 that every mortgage customer now gets Detect, which screens bank statements, pay stubs and tax forms for tampering, at no added cost. Mortgage https://www.mortgage.news/article/redfin-pending-home-sales-lowest-since-2014-september-2026-rates-above-7-percent https://www.mortgage.news/article/redfin-pending-home-sales-lowest-since-2014-september-2026-rates-above-7-percent Mon, 12 Oct 2026 14:44:58 GMT Redfin's Oct. 12 report says September pending sales fell 4% from August, the largest monthly drop in more than three years, as mortgage rates moved above 7%. Housing Market https://www.mortgage.news/article/zillow-100k-income-rentals-77-percent-affordable-vs-31-percent-median-renter https://www.mortgage.news/article/zillow-100k-income-rentals-77-percent-affordable-vs-31-percent-median-renter Sun, 11 Oct 2026 14:36:32 GMT Zillow Research, publishing Oct. 7, found a $2,500 monthly budget covers 77% of 2026 rental listings and buys nearly 20% more space, though the result varies widely by metro. Housing Market https://www.mortgage.news/article/fha-mortgagee-letter-2026-11-minimum-decision-credit-score-fico-10t-vantagescore-4-0 https://www.mortgage.news/article/fha-mortgagee-letter-2026-11-minimum-decision-credit-score-fico-10t-vantagescore-4-0 Sun, 11 Oct 2026 14:36:32 GMT FHA Mortgagee Letter 2026-11, dated Oct. 8, explains how lenders pick the Minimum Decision Credit Score when more than one credit score model is submitted, for case numbers assigned on or after Jan. 1, 2027. Mortgage https://www.mortgage.news/article/alta-home-lending-growth-builder-joint-ventures-drb-home-loans-express-news-october-2026 https://www.mortgage.news/article/alta-home-lending-growth-builder-joint-ventures-drb-home-loans-express-news-october-2026 Sun, 11 Oct 2026 14:36:32 GMT An Oct. 11 San Antonio Express-News report says Alta grew from 80 to 150 employees after its April 2025 Republic State Mortgage acquisition, as it adds builder partners including DRB Group. Industry https://www.mortgage.news/article/fed-survey-of-consumer-finances-2025-debt-payments-above-40-percent-income-home-equity https://www.mortgage.news/article/fed-survey-of-consumer-finances-2025-debt-payments-above-40-percent-income-home-equity Sun, 11 Oct 2026 14:36:32 GMT The Federal Reserve's 2025 Survey of Consumer Finances, released Oct. 9, shows 8.6% of families spending more than 40% of income on debt payments, the highest share since 2013. Economy https://www.mortgage.news/article/hud-fha-debenture-interest-rate-5-percent-second-half-2026 https://www.mortgage.news/article/hud-fha-debenture-interest-rate-5-percent-second-half-2026 Sat, 10 Oct 2026 14:47:17 GMT A HUD notice filed for public inspection Oct. 9 sets a 5% debenture interest rate for most FHA loans committed or endorsed July 1 to Dec. 31, 2026. It is not a consumer mortgage rate. Industry https://www.mortgage.news/article/aging-homes-generational-housing-succession-repairs-supply-october-2026 https://www.mortgage.news/article/aging-homes-generational-housing-succession-repairs-supply-october-2026 Sat, 10 Oct 2026 14:47:17 GMT Realtor.com projects 13.9 million homes occupied by older owners will change hands by 2036. Oct. 9 reporting notes the U.S. already loses an estimated 350,000 to 400,000 units a year to deterioration and disasters. Housing Market https://www.mortgage.news/article/consumer-sentiment-slips-inflation-expectations-rise-october-2026-preliminary https://www.mortgage.news/article/consumer-sentiment-slips-inflation-expectations-rise-october-2026-preliminary Sat, 10 Oct 2026 14:47:17 GMT The University of Michigan's preliminary October survey, released Oct. 9, put sentiment at 46.3, down from 48.1, while year-ahead inflation expectations rose to 4.7%. Rates https://www.mortgage.news/article/arm-demand-climbs-ice-mortgage-monitor-october-2026-resets https://www.mortgage.news/article/arm-demand-climbs-ice-mortgage-monitor-october-2026-resets Sat, 10 Oct 2026 14:47:17 GMT ICE's October Mortgage Monitor, released Oct. 5, found ARMs topped 11% of rate locks, their largest share in nearly four years. About 180,000 ARMs face first resets in 2027. Mortgage https://www.mortgage.news/article/white-house-lisa-cook-committee-of-inquiry-november-5-hearing https://www.mortgage.news/article/white-house-lisa-cook-committee-of-inquiry-november-5-hearing Sat, 10 Oct 2026 14:47:17 GMT A presidential memorandum dated Oct. 7 creates a three-member committee to examine mortgage-related allegations against Fed Governor Lisa Cook, who denies wrongdoing, with a closed hearing Nov. 5. Industry https://www.mortgage.news/article/small-dollar-mortgages-keep-shrinking-fha-pilot-realtor-com-october-2026 https://www.mortgage.news/article/small-dollar-mortgages-keep-shrinking-fha-pilot-realtor-com-october-2026 Sat, 10 Oct 2026 14:47:17 GMT Realtor.com research published Oct. 7 finds loans of $100,000 or less are now under 3% of originations, as a July law gives HUD authority for a four-year FHA small-dollar pilot. Mortgage https://www.mortgage.news/article/kenosha-tops-realtor-com-hottest-housing-markets-september-2026 https://www.mortgage.news/article/kenosha-tops-realtor-com-hottest-housing-markets-september-2026 Sat, 10 Oct 2026 14:47:17 GMT Realtor.com's September ranking, published Oct. 9, puts Kenosha, Wis., at No. 1. The top 20 split evenly between the Midwest and the Northeast. Housing Market https://www.mortgage.news/article/why-now-may-be-the-right-time-for-a-cash-out-refinance-mv145m8v https://www.mortgage.news/article/why-now-may-be-the-right-time-for-a-cash-out-refinance-mv145m8v Fri, 09 Oct 2026 15:21:49 GMT Homeowners with substantial equity are increasingly looking to their properties as a source of financing for home improvements, debt consolidation and other major expenses. With years of home-price appreciation behind many owners, a cash-out refinance can offer a way to access that wealth without selling the home. But whether now is the right time depends on more than how much equity a homeowner has accumulated. Mortgage rates, existing loan terms, closing costs, outstanding debt and plans to remain in the home all play a role in determining whether refinancing makes financial sense. Mortgage https://www.mortgage.news/article/equifax-extends-1-dollar-vantagescore-4-0-pricing-through-2028-mortgage-adoption https://www.mortgage.news/article/equifax-extends-1-dollar-vantagescore-4-0-pricing-through-2028-mortgage-adoption Fri, 09 Oct 2026 14:42:09 GMT Equifax said Oct. 8 that nearly 2,000 mortgage lenders and resellers used its free VantageScore 4.0 offer and that it will keep $1 mortgage pricing for the score through 2028. It also launched Mortgage Score Select. Mortgage https://www.mortgage.news/article/fha-lending-non-permanent-residents-falls-after-eligibility-change-ice-data-october-2026 https://www.mortgage.news/article/fha-lending-non-permanent-residents-falls-after-eligibility-change-ice-data-october-2026 Fri, 09 Oct 2026 14:41:54 GMT ICE origination data reported by HousingWire on Oct. 8 show non-permanent residents' share of FHA purchase loans fell from about 5.8% to about 0.1% after HUD's May 25, 2025 eligibility change. Mortgage https://www.mortgage.news/article/fannie-mae-freddie-mac-distressed-loan-pools-non-performing-loan-sales-october-2026 https://www.mortgage.news/article/fannie-mae-freddie-mac-distressed-loan-pools-non-performing-loan-sales-october-2026 Fri, 09 Oct 2026 14:41:39 GMT On Oct. 8, Fannie Mae marketed about 1,217 deeply delinquent loans plus a 27-loan Dallas-Fort Worth Community Impact Pool, and Freddie Mac reported a $428 million NPL sale with another offering due Oct. 23. Industry https://www.mortgage.news/article/hud-operation-clean-house-491-arrests-hud-assisted-housing-october-2026 https://www.mortgage.news/article/hud-operation-clean-house-491-arrests-hud-assisted-housing-october-2026 Fri, 09 Oct 2026 14:41:19 GMT HUD said Oct. 8 that Operation Clean House, a multi-agency effort targeting fugitives living in HUD-assisted housing, produced 491 arrests across 12 cities and others. Arrests are not convictions. Industry https://www.mortgage.news/article/redfin-housing-costs-return-to-normal-five-years-scenarios-october-2026 https://www.mortgage.news/article/redfin-housing-costs-return-to-normal-five-years-scenarios-october-2026 Fri, 09 Oct 2026 14:40:52 GMT A Redfin analysis published Oct. 8 says U.S. housing costs could return to August 2018 levels within about five years if rates fall to 6%, with timelines that vary widely by rate, price growth and metro. Housing Market https://www.mortgage.news/article/mba-mortgage-credit-availability-index-september-2026-falls-to-107-1 https://www.mortgage.news/article/mba-mortgage-credit-availability-index-september-2026-falls-to-107-1 Fri, 09 Oct 2026 14:40:38 GMT MBA's Mortgage Credit Availability Index, released Oct. 8, fell 0.2% to 107.1 in September as lenders tightened conventional documentation and trimmed cash-out and investor offerings. Industry https://www.mortgage.news/article/mortgage-rates-7-40-percent-highest-since-november-2023-freddie-mac-october-8-2026 https://www.mortgage.news/article/mortgage-rates-7-40-percent-highest-since-november-2023-freddie-mac-october-8-2026 Fri, 09 Oct 2026 14:40:25 GMT Freddie Mac's Oct. 8 survey put the 30-year fixed rate at 7.40%, up from 7.28%. It is the seventh straight weekly increase and the highest reading since November 2023. Rates https://www.mortgage.news/article/freddie-mac-sells-428-million-in-nonperforming-loans-awarding-four-pools-to-two-buyers-mv00d5z3 https://www.mortgage.news/article/freddie-mac-sells-428-million-in-nonperforming-loans-awarding-four-pools-to-two-buyers-mv00d5z3 Thu, 08 Oct 2026 20:47:56 GMT Freddie Mac’s latest sale of deeply delinquent mortgages highlights how the government-sponsored enterprise manages distressed assets, transfers mortgage credit exposure and uses investor demand to move troubled loans out of its investment portfolio. The transaction involves 1,968 residential first-lien loans with an aggregate balance of approximately $428 million. Announced October 8, 2026, the sale covers four pools awarded to two winning bidders, with settlement expected in December. Freddie Mac Mortgage