Mortgage Demand Increases 1.7% Despite Five-Week Rate High
Mortgage applications saw a 1.7% increase, driven by a 4% rise in purchase demand, while the 30-year fixed rate edged up to 6.46%. Insights for private lenders.
Mortgage applications saw a 1.7% increase, driven by a 4% rise in purchase demand, while the 30-year fixed rate edged up to 6.46%. Insights for private lenders.
Compass, Anywhere, Real, REMAX, and eXp deals highlight platform consolidation in the mortgage industry, influencing lead routing, retention strategies, and embedded mortgage services.
"April brought renewed enthusiasm in the Mid-Atlantic housing market, signaling increased activity from both buyers and sellers, according to industry insights."
Fortra Law's efforts are transforming the Utah mortgage licensing landscape, simplifying the process for private lenders involved in business purpose loans.
CPI increases by 0.6% with inflation at 3.8%, yet a 1.96% spread stabilizes mortgage rates around 6.52%, avoiding climbs above 7%. Insight for lenders.
Teresa Palacios Smith discusses the impact of risk-taking, leadership, and advocacy for inclusion in her career, highlighting key lessons for private lenders in housing.
MeridianLink introduces embedded AI agents, enhancing efficiency as MeridianLink Mortgage secures 60+ customers and processes 1 million applications.
The share of equity-rich homes increased in only three states from Q4 2025 and six states year-over-year, indicating market stability and localized growth.
Company reports $1.0 billion in revenue, a 5% increase year-over-year, with adjusted EBITDA soaring 88% to $4.1 million, signaling strong financial growth.
AMH reported strong spring leasing activity with 2.8% revenue growth and 95.1% occupancy. Section 901's pause on BTR capital may impact future deliveries.