A Fed rate increase could challenge housing’s new rate norm.
Private lenders: sensitivity near 7.0% mortgage rates raises pullback risk in Reno and shifts sentiment in Southwest Florida, affecting lending strategies.
Mortgage rates rise to 7.28% as Federal Reserve rate hike approaches.
HousingWire data show the 10-year Treasury trading near 5%, and locked 30-year fixed mortgage rates have increased by roughly 22 basis points recently. Because mortgage pricing remains tightly linked to Treasury yields, the move translated into higher consumer rates and compressed borrower purchasing power, [...]
CMLS CEO urges MLSs to dismantle operational silos.
Edgerton has assumed the chief executive role at CMLS, succeeding long‑time leader Denee Evans. The leadership change marks a pivotal management transition for the mortgage services firm, with immediate implications for strategic direction, board alignment and market confidence. Observers will watch how the new [...]
10-year Treasury at 5% pressures mortgage rates before Fed decision.
10-year Treasury yield rising past 5% tightens mortgage spreads, increasing funding and pricing pressure for private lenders as the Fed weighs policy. risk
Ameritrust alleges 90-loan Baltimore DSCR scheme caused $14M in losses.
Ameritrust says a Baltimore DSCR scheme used ~90 loans, shell companies, inflated valuations and title irregularities, exposing gaps in lender controls now.
AD Mortgage Introduces Lender-Paid Rate Buydown Option.
Company extended its 50-bps pricing promo; private lenders should evaluate margin effects, capacity impacts and underwriting implications for loan pricing.
U.S. homebuilding slowdown deepens, led by the Sun Belt.
Residential permits have fallen for a prolonged period led by Sun Belt pullback - implications for housing supply, demand rebound and private lending risk.
Regulatory revisions to vendor oversight could impact mortgage technology.
Regulators seek risk-based vendor oversight and warn vendors on restrictive fees; may streamline mortgage vendor reviews while keeping lender liability still
Will a new Fed rate-hike cycle affect mortgage rates?
History often argues against sustained optimism when affordability compresses and credit tightens, but this cycle departs from past templates. Rather than a uniform downturn, the mortgage landscape is fragmented: stronger household liquidity in some cohorts, persistently tighter underwriting, and a different investor mix in [...]
Former Florida title attorney pleads guilty in unrecorded mortgage scheme.
Florida title attorney pleaded guilty to wire fraud using unrecorded mortgages, diverted payoff funds and false title assurances—alert for private lenders.