Mortgage rates and lending news
Fannie Mae and Freddie Mac have published official pricing grids for single-family mortgages using the traditional Classic FICO and new VantageScore 4.0 models. Early analyses suggest the new credit s...
Sep 10, 2026 · 5 min readToday, mortgage rates rose above 7% for the first time this year. The positive storyline for the 2026 housing market was that mortgage spreads near normal would reduce mortgage rate volatility and kee...
Sep 10, 2026 · 5 min readExisting home sales fell 2% month over month in August to a seasonally adjusted annual sales pace of 3.98 million, according to data released Thursday by the National Association of Realtors (NAR). Th...
Sep 10, 2026 · 5 min readOn September 3, Federal Housing Finance Agency Director Bill Pulte announced that Fannie Mae and Freddie Mac would let every approved lender use VantageScore 4.0, effective immediately. (The enterpris...
Sep 09, 2026 · 5 min readHome equity loans can provide seniors with access to cash without having to sell their home, though qualifying with retirement income and managing a new monthly payment can be difficult. This guide ex...
Sep 07, 2026 · 5 min readLast year I saw that the housing market was shifting in mid-June and that it would take six to nine months for people to understand what was happening. Sales were about to grow, inventory growth was a...
Sep 05, 2026 · 5 min readPresident Donald Trump on Friday demanded that the Federal Reserve cut interest rates, threatening to halt trade with countries with which the U.S. runs a trade deficit if the central bank does not co...
Sep 04, 2026 · 5 min read
Nearly four years after mortgage rates surpassed 6 percent for the first time since the height of the 2008 financial crisis, borrowing conditions for homeowners and prospective buyers have remained st...
Sep 04, 2026 · 5 min readKey Takeaways A divorce decree alone does not remove your ex from the mortgage; only a refinance or loan assumption gets them off the loan. A refinance buyout lets one spouse take the home, pay the ot...
Sep 03, 2026 · 5 min readKey Takeaways Property-tax deferral and a reverse mortgage are not independent tools; both place a lien on your home and can collide. A reverse mortgage generally has to sit in first-lien position, wh...
Sep 03, 2026 · 5 min readKey Takeaways Right after closing, federal law gives a 3-day right of rescission to cancel a reverse mortgage outright. After that window, you can still exit by paying off or refinancing out of the HE...
Sep 03, 2026 · 5 min readKey Takeaways A LESA is money a reverse mortgage (HECM) holds back to cover your future property taxes and insurance. It is triggered by the HECM financial assessment, usually when credit or income ra...
Sep 03, 2026 · 5 min readKey Takeaways Savings and high-interest personal loans aren’t your only way to fund aging-in-place modifications like ramps, grab bars, and walk-in tubs. Home equity options (a small HELOC, FHA 203(k)...
Sep 02, 2026 · 5 min readRocket Mortgage has filed an amended complaint that accuses United Wholesale Mortgage (UWM) of violating contractual restrictions on soliciting borrowers whose mortgage servicing rights (MSRs) were so...
Sep 02, 2026 · 5 min readHome Equity Conversion Mortgage (HECM) origination activity sank again in August, with the nation’s top 100 lenders endorsing 1,919 loans during the month, down 5.7% from July. That represented the “l...
Sep 02, 2026 · 5 min readEverything You Need To Know About Commercial Foreclosures
Sep 01, 2026 · 5 min readKey Takeaways A second mortgage is a loan subordinate to an existing mortgage. A home equity loan offers a lump sum that you repay over a fixed term. A home equity loan or HELOC typically becomes a se...
Aug 31, 2026 · 5 min readHigher mortgage rates have tended to slow housing data over the past few years and that has been the case in 2026. But this year has been a bit more orderly since mortgage rates haven’t broken over 7%...
Aug 29, 2026 · 5 min readWhat does the Wall Street Journal have against nonbanks? That was my first thought when I read the Journal’s recent op-ed: UWM is a government mortgage canary. The op-ed used UWM’s announcement of a $...
Aug 29, 2026 · 5 min readAn op-ed published earlier this month by The Wall Street Journal has raised the eyebrows of at least one mortgage industry leader, who penned a rebuttal this week about the outlet tying a capital infu...
Aug 28, 2026 · 5 min read