Mortgage rates and lending news
Key Takeaways Markets are watching to see if the Fed changes course on rates Mortgage rates are currently averaging 6.58% for a 30-year fixed Watch for changes in the Fed’s statement language — subtle...
Jul 24, 2026 · 5 min readIf you spent the spring waiting for mortgage rates to fall, you already know how that went. The average 30-year fixed is back up to 6.55%, half of the Federal Reserve’s rate-setting committee wants to...
Jul 23, 2026 · 5 min readNEXA Lending CEO Mike Kortas says the settlement ends all Grella lawsuits and gives him 100% ownership of NEXA after years of litigation.
Jul 20, 2026 · 5 min readloanDepot says WCL lacks standing under TILA and shows no lost customers, urging dismissal with prejudice in California federal court.
Jul 16, 2026 · 5 min readHomebuilder confidence fell again in July as affordability pressures and economic uncertainty continued to weigh on demand, according to the National Association of Home Builders/Wells Fargo Housing M...
Jul 16, 2026 · 5 min read
U.S. foreclosure activity rose again in the first half of 2026, with 227,548 properties receiving filings, up 21% from the same period in 2025, according to ATTOM’s midyear foreclosure report.
Jul 16, 2026 · 5 min readKey Takeaways Better Mortgage leads with the Mortgage Reports overall lender score of 4.3/5, offering a high 90% CLTV and an accessible 620 credit minimum. Other lenders excel in specific categories, ...
Jul 14, 2026 · 5 min read
Pending sales rose to 63,971 versus 61,143 in 2025, inventory ended at 844,011, and price cuts were 39.57% versus 41%.
Jul 11, 2026 · 5 min readROAD to Housing Act would make the permanent chassis optional, enabling new designs and potential lower-cost financing paths.
Jul 10, 2026 · 5 min readShort sale approvals can move faster than expected when files are complete, and lenders have incentives to avoid foreclosure costs.
Jul 10, 2026 · 5 min readSynergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.
Jul 08, 2026 · 5 min read
Mortgage spreads improved to 2.01%, keeping rates near 6.60% as total pending sales rose to 422,120 vs 396,652 last year.
Jul 04, 2026 · 5 min readThe SAVE income-driven repayment plan is being phased out after a 2026 court ruling, leaving borrowers 90 days to select new terms.
Jul 02, 2026 · 5 min readA servicing portfolio gives you access, but it doesn't automatically create loyalty. This is where customer experience becomes critical.
Jun 26, 2026 · 5 min readOur #1 priority is that our readers make great financial decisions. That's something we don't compromise on even if we make less money because of it. While we are compensated by our lending partners, ...
Jun 22, 2026 · 5 min readIn the first half of this two-part topic, I described the piecemeal nature of private hazard insurance policies, state-sponsored “last resort” programs, the National Flood Insurance Program, and feder...
Jun 22, 2026 · 5 min readNearly two-thirds of retirement plans now automatically enroll new participants at contribution rates of at least 4%.
Jun 18, 2026 · 5 min readFor weeks, a central question surrounding Dream Finders Homes‘ pursuit of Beazer Homes has been unambiguous: Will Dream Finders’ offer for the company and its public relations campaign be enough to co...
Jun 18, 2026 · 5 min readFederal Reserve Chair Kevin Warsh’s new framework for the U.S. central bank carries significant implications for the mortgage industry and broader housing market.
Jun 18, 2026 · 5 min readPresident Donald Trump nominated Kevin Warsh as Federal Reserve chairman in the hope of lowering interest rates, but the first Federal Open Market Committee (FOMC) meeting under his leadership signale...
Jun 17, 2026 · 5 min read