Lending and Originations

“That said, it’s important to note that while these examples can shed some light on why homeownership rates are relatively low for Black people, they’re not all the reasons why a person who identifies as Black may struggle to become a homeowner,” said Jacob Channel, LendingTree’s Senior Economist.

After five consecutive weeks of decreases, a slight uptick in mortgage rates forced mortgage app volume to fall nearly 8% week-over-week.

“Our analysis of credit reports provides yet another indicator that, due to a strong labor market and emergency programs during the pandemic, household financial distress reduced over the last two years,” said CFPB Director Rohit Chopra.

"Mortgage rates declined in January, continuing a trend that began in early November 2022," said Kevin McMahon, President of Optimal Blue, a division of Black Knight.

“By Super Bowl weekend, we usually have a good idea how a given year’s housing market will play out. But this year is anything but typical,” said Redfin Economics Research Lead Chen Zhao.

After 27 years with the company, Jay Farner announces his retirement, to be replaced by Bill Emerson as CEO on an interim basis.

With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process in the second part of this two-part series.

With the tech sector downsizing and the housing market navigating economic turmoil, a panel of experts weighs in on the current state of the digital revolution, and what lies ahead for this key component to the homebuying process. (Part one of two.)

According to a new report from the Mortgage Bankers Association, a decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

What caused the uptick in fixed mortgage rates, and what might it mean for the housing market in the months ahead?