Mortgage

HousingWire’s mortgage news coverage offers the stories you need, whether you’re looking for insight into how the competition is performing, want an expert analysis of mortgage forecasts, or want to learn what other companies may be planning. So far, 2023 has been a roller coaster for the housing market, with twists and turns at every juncture. The state of the housing market is unlike anything we’ve seen in recent years, and keeping a pulse on what’s happening within the mortgage industry is more crucial than ever for setting your business apart.But wherever the new year takes the mortgage industry, one thing is clear: HousingWire will keep you informed with the stories you need the most. Our comprehensive mortgage coverage can help you stay on top of what’s happening in the current market, from mortgage trends to forecasts and the news that matters most to you. To get the latest in leading news delivered to your inbox on a daily basis, sign up here.

The latest mortgage news

February 2023 — The mortgage industry has been at the mercy of rapidly shifting mortgage rates over the last month. While inflation has slowed recently with the Fed’s upticks in the federal funds rate, positive economic factors — like a better-than-expected jobs report — have caused rates to climb close to 7% — putting even more of a damper on the mortgage market. Record-low rates of inventory are also causing mortgage loan applications to slow to a trickle in many markets, further impacting the mortgage landscape.

According to Realtor.com analyst Jiayi Xu, this is “nobody’s market” — as it’s not friendly to buyers or sellers — and if rates stay high, that trend is likely to continue, according to numerous analysts. As housing market analyst Logan Mohtashami recently told HousingWire, “As we saw after June of last year, when mortgage rates got above 6%, new listing data started to decline year over year and is still falling year over year.” That and other factors will almost certainly have a big impact on the mortgage market for the foreseeable future, and HousingWire will be there to cover it.  

Mortgage News

How ChatGPT can help you work more efficiently and generate more leads HW+

Mar 24, 2023By Shashank Shekhar

ChatGPT, the AI chatbot, has taken the world by storm over the past few months. Let’s dive into the top two tasks ChatGPT can do that will make you more efficient and productive and help you generate more leads.

• FHFA prevention actions surpassed 52K in Q4 2022 HW+

  Mar 24, 2023By Chris Clow

• Warehouse lenders facing fallout from industry woes HW+

  Mar 23, 2023By Bill Conroy

• With mortgage rates dropping, the conforming and jumbo loan spread narrows HW+

  Mar 23, 2023By Flávia Furlan Nunes

• FHFA announces timeline to sunset FICO Classic credit model HW+

  Mar 23, 2023By James Kleimann

• New home sales climb in February for the third straight month HW+

  Mar 23, 2023By Brooklee Han

• Median payment on purchase mortgage application rises to $2,061 HW+

  Mar 23, 2023By Connie Kim

• Mortgage prepayment rebounds as spring home buying season takes hold HW+

  Mar 23, 2023By Connie Kim

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