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Non-depository institutions originated an even greater share of all home loans compared to the year before, according to the Federal Financial Examination Council’s latest analysis of Home Mortgage Disclosure Act data.
June 17
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The latest Federal Reserve move to combat inflation led to a weekly increase of more than 50 basis points.
June 16
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Lumber prices have wavered, but gypsum, steel and transportation were still on the rise in the past month, according to a National Association of Home Builders analysis.
June 15
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New-home borrowers eyeing things like rising commuting costs could add at-home amenities instead so long as they remain relatively affordable, one take on a National Association of Home Builders report suggests.
June 13
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A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.
June 9
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Fannie Mae and Freddie Mac asked originators to resubmit applications that contained errors and adjust sold mortgage information due to incorrect life-of-loan representations and warranties.
June 8
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Elevated prices coupled with higher mortgage rates are leading to affordability challenges that have reduced borrowing volumes.
June 8
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Delays in closing the deal after it was announced in August resulted in the parties' decision to remain separate, although they will still work together.
June 7
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The inventory shortage is beginning to ease, while demand is slowing due to high prices and rising mortgage rates.
June 3
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With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.
June 2
