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MBA: Affordability Challenges Driving Rise in Government-Backed Loan Activity
Applications for home loans remained essentially flat this week, declining slightly along with the refinance share of total mortgage activity, while experts note an uptick in government-backed loan applications is an indicator of ongoing affordability challenges. According to the latest Mortgage Bankers Association (MBA) report, the Market Composite Index—the measure of mortgage loan activity volume…
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Jobs Report Sees ‘Modest’ Improvement, With 2026 Rate Cuts in Flux
On the heels of the decision from the Federal Reserve’s Open Market Committee (FOMC) to hold interest rates steady, the latest Bureau of Labor Statistics data appears to support the decision as jobs and unemployment saw improvement in January. The latest Employment Situation Summary—aka the jobs report—saw the U.S. add 130,000 jobs in January, and…
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Zillow Matches Earning Targets; Legal Issues Downplayed
Fresh from its dramatic victory in federal court on Feb. 6, in which U.S. District Judge Jeannette Vargas of the Southern District of New York denied a request by Compass to block its new listing rules, the Seattle-based portal giant announced in a report Feb. 10 that earnings for Q4 2025 and for the full…
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Hackney micro-flat for rent for £750 a month doesn't have a kitchen - London Evening Standard
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Report: Rate Decline in January Opened Refinance Opportunity for Nearly 5 Million Homeowners
Early January declines in mortgage rates unlocked refinance opportunities for nearly five million borrowers and helped push affordability to a four-year high, according to the February Mortgage Monitor released Feb. 9 by ICE Mortgage Technology, a provider of an end-to-end mortgage platform. According to the analysis, “Even small reductions toward 6% rates can significantly boost…
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