Housing Wire

JULY 21, 2025

Department of Veterans Affairs (VA) loans , which jumped 428% from a year ago after a moratorium expired in December 2024. The increase was largely driven a surge in foreclosures involving properties backed by U.S. Now I have properties that are sitting with over two years on market. Existing homes have crashed.

VA loan

Housing Wire

MARCH 5, 2025

The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months, he shared. Mortgage applications increased 20.4% On an unadjusted basis, applications increased 22% compared with the previous week. ” The refinance share of mortgage activity increased to 43.8%

Fixed-rate mortgage

Housing Wire

JUNE 10, 2025

Rocket Pro is partnering with Vetted VA , which provides education to veterans and training to loan officers to give veterans better access to home loan benefits. “They know more about VA loans than anybody else,” Sweeney told HousingWire in an interview. That was a lot for loan officers.

VA loan

Housing Wire

JANUARY 2, 2025

Applications for refinances drove the decrease in the overall index as they fell 36%, while applications for purchase loans were down 13%. Data at HousingWire ‘s Mortgage Rates Center also shows consistent upward movement in the cost of a home loan during the last two weeks of the year.

FHA loan

Housing Wire

JULY 11, 2025

But not all loans are built the same in these scenarios. Government-backed loans like those from the Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) come with tighter margins. Department of Veterans Affairs (VA) come with tighter margins. Serious delinquencies for VA loans are 3.5

Mortgages

Housing Wire

NOVEMBER 27, 2024

22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). The increase in conventional purchase applications helped push the average purchase loan size to $439,200, its highest level in almost a month. But government loans saw their shares shrink.

Mortgages

Housing Wire

JUNE 30, 2025

Financing options, misplaced guidance Conventional loans remain the most common path to homeownership , but many first-time buyers also turn to government financing. Nearly 29% of first-time buyers used Federal Housing Administration (FHA) loans , which require a minimum down payment of 3.5%. Another 9% used U.S.

VA loan

Housing Wire

JULY 11, 2025

My job as a loan officer is to help people prep and plan to buy a house. The Federal Reserve’s Q1 report on Household Debt and Credit shows that, on average, each American household has over $8980 in credit card debt, $12,480 in auto loans, $12,404 in student loans, and $4110 in retail cards and personal loans.

Debt-to-income ratio

Housing Wire

MAY 19, 2025

You’ve lowered the MIP; you’re making that mortgage insurance for that high-LTV loan cheaper. “Builders are doing a lot more of these buydown loans, so they’re able to sacrifice a little on the loan because they can make up for it on the home price,” Curro said.

Loans

Housing Wire

FEBRUARY 13, 2025

Loan locks for refinances rose more than 20% year over year while purchase lock counts saw a 6% decrease, according to Optimal Blue ‘s January 2025 Market Advantage mortgage data report released Thursday. of all locked loans in January. The average loan amount there was $576,385. It was followed by Dallas (3.4%

VA loan

Housing Wire

JANUARY 14, 2025

A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December. More refis in December pulled market share away from other loan types, including conforming loans. ” The conforming loan share dropped by 1.5% mortgage market trends.

VA loan

Housing Wire

DECEMBER 17, 2024

Conventional loans accounted for 61.6% of applications, Federal Housing Administration (FHA) loans for 28% and U.S. Department of Veterans Affairs (VA) loans for 9.9% The average loan size for new homes decreased to $402,873, down from $409,942 in October. Mortgage applications for new-home purchases increased 7.2%

FHA loan

Housing Wire

DECEMBER 3, 2024

Global analytics software leader FICO on Tuesday announced the launch of the first-ever government-issued mortgage-backed security (MBS) with loans originated using FICO Score 10 T. The MBS pool was issued by Cardinal Financial and included loans from the U.S. Department of Veterans Affairs (VA).

VA loan

Real Estate News

JUNE 16, 2025

Dave Gallagher June 16, 2025 3 mins Homebuyer down payments have started to dip, a sign that those who are using loans to help finance their purchases are shifting their focus to less expensive homes. There has also been an uptick in buyers using FHA and VA loans, which require lower down payments. Redfin found that 15.3%

VA loan

Housing Wire

DECEMBER 4, 2024

Purchase loan activity drove total applications higher last week, which included an adjustment for the Thanksgiving holiday. Rates for 30-year jumbo loans (balances above $766,550) decreased by 12 bps and averaged 6.85%. In 2025, jumbo loans will increase to a minimum size of $806,501 — a 5.2% in the prior week.

Mortgages

Housing Wire

MAY 5, 2025

Gen Z was responsible for one in four loans issued to first-time homebuyers. And despite tightened affordability , first-time buyer purchase lending has held up better than activity among repeat buyers compared to 2018 and 2019 especially for conventional loans through the government-sponsored enterprises ( GSEs ). Washington, D.C.,

Lending

Housing Wire

NOVEMBER 4, 2024

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

Debt-to-income ratio

Housing Wire

NOVEMBER 8, 2024

Sears cited the trade group’s efforts in advocating for changes in VA loan procedures. Department of Veterans Affairs can still use their loan benefit when working with a buyer’s agent regardless of how their agent is being compensated. So, as I look to 2025 and where we want to go, it is to stick to the basics.

VA loan

Housing Wire

JUNE 10, 2025

Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement.

VA loan

Housing Wire

DECEMBER 10, 2024

ICE data also showed that technologically adept lenders were ready to meet higher refinance demand, with average closing times among all loan types hitting their lowest levels for the month of October in the five years the company has been tracking the metric. ICE tracks loans before and after a refinance or other prepayment.

Mortgages

Housing Wire

MAY 15, 2025

In terms of loan types: Federal Housing Administration (FHA) loan review share grew in Q4, with associated defect rates declining. Department of Veterans Affairs (VA) loan defect rates remained largely unchanged, while U.S. Department of Veterans Affairs (VA) loan defect rates remained largely unchanged, while U.S.

VA loan

Housing Wire

MAY 2, 2025

When industry experts think about what could lead to a significant departure of loan officers and real estate agents, two main things come to mind: AI and market conditions. More and more loan officers and real estate agents have realized they can positively impact their community by educating instead of selling. Here is the good news.

Agents

Housing Wire

JULY 9, 2025

The average loan size on a purchase application, at $432,600, was at its lowest since January 2025. The refinance index also increased over the week, with VA refinances in particular up 32%.” Mortgage rates for several loan products saw decreases from the week before.

Fixed-rate mortgage

Housing Wire

APRIL 28, 2025

Activity increased across all loan types except those backed by the U.S. Loans guaranteed by the U.S. Department of Veterans Affairs (VA) saw the sharpest jump, with auction volume more than doubling year over year after the expiration of a VA foreclosure moratorium at the end of 2024. Department of Agriculture (USDA).

Loans

Housing Wire

MAY 14, 2025

The VA share of total applications increased to 13.4% While the average contract interest rate for 30-year fixed-rate mortgages increased to 6.86%, the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances saw a small decrease to 6.85% from 6.86%. and almost 18% higher than last years pace.

Fixed-rate mortgage

Real Estate News

JULY 7, 2025

Most first-time buyers (69%) rely on savings to fund their down payments, and 1 in 4 use gifts or loans from family members or friends. Majorities of both groups use conventional loans, and many (29% of first-time buyers and 10% of repeat buyers) use FHA loans, which offer down payments as low as 3.5%.

VA loan

Housing Wire

MARCH 11, 2025

After hitting a multiyear low in December, conforming loan volume continued to edge higher for a second straight month, reaching 52% of total lock volume. The Federal Housing Administration (FHA) share remained just above 20%, while the Department of Veterans Affairs (VA) share grew slightly to 11.5%. from the prior month.

Loans

Housing Wire

APRIL 24, 2025

Department of Veterans Affairs (VA) is moving to end the Veteran Affairs Servicing Purchase (VASP) program, the agency this week published a circular to outline the timeline for its closure. The circular also explains that the VA home retention waterfall is being rescinded and advises servicers to stop using it by April 30 at 11:59 p.m.

Industrial

Housing Wire

MARCH 31, 2025

This mirrors the benefits offered to military veterans through VA home loans. He currently works as chief production officer for Florida-based Salute Home Loans , a division of Capital Federal Credit Union. The act would provide affordable mortgage opportunities without requiring a down payment or monthly mortgage insurance.

Loans

Housing Wire

APRIL 23, 2025

That was tied to the shift of $60 million in sub-serviced loans to other firms amid the closure of its Flagstar deal at the end of the year the biggest acquisition in Mr. Cooper’s history. Servicing loans opens the opportunity to offer clients more products. billion in loans across 32,296 loans in the first quarter, with $1.9

VA loan

BAM Media

NOVEMBER 11, 2024

® released a report showcasing the benefits that VA loans offer to military families. of homes purchased with VA loans involved down payments of less than 10%, and 74.5% purchased with 0% down—a standout feature of VA loans. average for conforming loans. .” average for conforming loans.

VA loan

The Mortgage Report

JUNE 12, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Easier loan approval — disability income counts toward qualification.

VA loan

Housing Wire

DECEMBER 6, 2024

Its up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Lets dive in! Summary What is a real estate newsletter? Why send a regular real estate newsletter?

Pre-approval

Marco Santarelli

JANUARY 2, 2025

Heres a snapshot of the current mortgage rates based on Zillow's data: Mortgage Type Current Rate 30-Year Fixed 6.70% 20-Year Fixed 6.56% 15-Year Fixed 6.10% 5/1 Adjustable Rate 6.71% 7/1 Adjustable Rate 6.63% 30-Year VA 6.14% 15-Year VA 5.74% 5/1 VA 6.25% These figures represent national averages and can vary by lender and region.

Mortgages

The Mortgage Report

AUGUST 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Check your renovation loan options. How Much Home Can I Afford?

Renovation

Norada Real Estate

JULY 3, 2025

Today's Mortgage Rates – July 3, 2025: Slight Drop in Home Loans and Refinance Rates Key Takeaways Mortgage Rates : The average 30-year fixed mortgage rate is now 6.78%. Mortgage rates are critical because they determine your monthly payment and the total amount of interest you will pay over the life of the loan.

Loans

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? How Soon Can I Refinance?

Loans