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fromwww.housingwire.com
3 months ago

Home purchase applications surge as mortgage rates approach 6%

Today marked one of the best purchase loan reports we've seen in years. Not only did we achieve 20% year-over-year growth despite tougher comparisons, but we also experienced an 8% increase in demand from the previous week. If you're looking for a series of positive reports that demonstrate real growth in existing home sales, today's report is an excellent example.
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fromwww.housingwire.com
10 months ago

IMBs narrow losses even as mortgage production falls

Mortgage companies improved their financial performance with a smaller net loss per loan in Q1 2025.
Despite challenges, the mortgage industry showed resilience with a notable increase in purchase mortgage originations.
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