Housing Wire

APRIL 8, 2025

Refinances made up a quarter of all lock activity for the first time in six months, and we saw a clear rise in non-conforming loan share as buyers looked for more flexible options and higher loan amounts. The pull-through rate for refinance loans rose to 63.3%, indicating stronger borrower commitment compared to earlier months.

Loans 288

Loans Debt-to-income ratio VA loan FHA loan 288

Housing Wire

MARCH 21, 2025

Today’s first look at the data revealed that FHA mortgages accounted for 90% of the 131,000 year-over-year rise in the number of delinquencies , despite making up less than 15% of all active mortgages.

FHA loan 400

FHA loan Loans Mortgages Sales 400

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 369

Mortgages VA loan FHA loan Fixed-rate mortgage 369

Housing Wire

DECEMBER 18, 2024

Market data at HousingWire ‘s Mortgage Rates Center showed an average fixed rate of 6.87% for 30-year conforming loans on Wednesday, a slight increase from the week ending on Dec. “Conventional and VA purchase applications drove this week’s increase in purchase activity on a weekly and annual basis,” Kan added.

VA loan 372

VA loan Mortgages FHA loan Loans 372

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 367

VA loan FHA loan Mortgages Loans 367

Housing Wire

FEBRUARY 15, 2024

Department of Veteran Affairs (VA) loans through its Tinman platform. We’ve been working toward launching a VA product for the past two years,” Vishal Garg, founder and CEO of Better, said in an interview with HousingWire. “We Better’s rate for VA loans was 6.375% as of Tuesday afternoon, the company said.

VA loan 406

VA loan Loans Loan Officer FHA loan 406

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. Conventional refinance applications rose 34% and government refinance applications increased by 42% over the week. ” The refinance share of mortgage activity increased to 43.8%

Fixed-rate mortgage 491

Fixed-rate mortgage VA loan Mortgages Loans 491

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 274

VA loan FHA loan Mortgages Loans 274

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 382

Mortgages VA loan FHA loan Loans 382

Housing Wire

MAY 13, 2025

This was partially driven by an uptick in conventional loan delinquencies and rising foreclosure inventory , particularly among loans backed by the U.S. Department of Veterans Affairs (VA). The percentage of loans entering foreclosure also edged higher rising by 5 bps to represent 0.2%

VA loan 215

VA loan FHA loan Mortgages Loans 215

Housing Wire

NOVEMBER 27, 2024

wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans. On Wednesday, the company announced the removal of all loan-level pricing adjustments (LLPAs) on government loans, albeit with some limitations.

Loans 397

Loans Finance Mortgages VA loan 397

Housing Wire

MARCH 25, 2021

If you’re a first-time homebuyer (or you already own a home), you’ve heard of mortgage loans. You have your conventional loans, FHA loans, VA loans, USDA loans and so on. But there’s another type of loan, not too many people are familiar with that can make the home buying process much easier.

Loans 542

Loans VA loan FHA loan Finance 542

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 306

Lending FHA loan VA loan Loans 306

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. It was a more affordable mortgage.”

Loans 311

Loans Mortgages Banks Finance 311

Housing Wire

APRIL 18, 2025

By product type, conventional loans composed 49.0% of loan applications, FHA loans composed 37.0%, RHS/ USDA loans composed 0.9% and VA loans composed 13%. The average loan size for new homes decreased from $397,516 in February to $381,921 in March. compared to a year ago.

VA loan 199

VA loan FHA loan Mortgages Loans 199

Housing Wire

DECEMBER 13, 2023

mortgage lender United Wholesale Mortgage (UWM) is offering discounted rates on some government loans until January for brokers to create their own “refi boom,” the company announced on Wednesday. points – on FHA and VA refinances available to brokers until Jan.

Loans 456

Loans VA loan FHA loan Mortgages 456

Housing Wire

OCTOBER 4, 2023

In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. But LOs who cater to first-time homebuyers’ needs – offering FHA loans and down payment assistance loans — are faring better, Michael Ullmann, producing branch leader at Movement Mortgage , explained. “So

Loans 441

Loans FHA loan Loan Officer Mortgages 441

Housing Wire

NOVEMBER 10, 2023

Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. FHA loan usage increases in September As sellers field fewer offers, buyers with FHA loans may have greater luck to close on a home. Meanwhile, military VA loans represented 6.3% in April 2023.

FHA loan 441

FHA loan VA loan Mortgages Loans 441

Housing Wire

JANUARY 5, 2021

For example, some loans require as little as 3% down. . What type of loan: Conventional loan. Conventional loans aren’t insured by the government but are backed by private lenders. These loans are some of the most common because prospective homebuyers can put down as little as 3%. What type of loan: FHA loan.

FHA loan 546

FHA loan VA loan Loans Mortgages 546

Housing Wire

APRIL 10, 2023

After four years of Congress hiking Veterans Administration (VA) so-called “Bluewater Navy” mortgage loan fees as an offset to pay for other critical veterans’ benefits, Congress has finally let those excessive VA mortgage loan fees expire. Why was CHLA concerned?

Loans 397

Loans FHA loan Mortgages VA loan 397

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 214

VA loan Mortgages FHA loan Loans 214

Housing Wire

OCTOBER 2, 2020

According to the report, the portfolio-held and private labeled security loans were largely responsible for the recent increase, with forbearance share gaining from 7.1% to 7.3% – a total of 28,000 new loans in forbearance. The post Loans in forbearance gain after 6 weeks of decline appeared first on HousingWire. As of Sept.

Loans 496

Loans VA loan Principal Mortgages 496

Housing Wire

NOVEMBER 16, 2020

Here are your choices: FHA mortgages. FHA mortgages are insured by the Federal Housing Administration. They allow for lower credit scores than most other loans. The one caveat with FHA loans is that they require a Mortgage Insurance Premium both at closing and as part of your monthly payment. USDA loans.

VA loan 485

VA loan FHA loan Mortgages Loans 485

Housing Wire

DECEMBER 3, 2023

Loans in active foreclosure inched up to 217,000, but remained more than 25% below pre-pandemic levels. About 70% of loans currently three or more payments past due are protected from foreclosure by ongoing loss mitigation efforts. In 2024, roughly 75% of originations expected to come from purchase loans. for VA loans.

Equity 441

Equity VA loan FHA loan Mortgages 441

Housing Wire

MARCH 22, 2023

The less competitive market has also resulted in more buyers using FHA and VA loans. In January, 16% of mortgaged home sales used an FHA loan , up from 13.3% a year ago, while the share of mortgaged sales using VA loans rose to 7.5% Detroit saw the highest share of FHA loans at 29.5%

VA loan 410

VA loan FHA loan Loans Mortgages 410

Housing Wire

FEBRUARY 25, 2025

FHA, VA loan usage is stable Federal Housing Administration (FHA) loans, commonly used by first-time buyers and those with smaller down payments, accounted for 15% of mortgaged home sales in December, down slightly from 15.9% Department of Veterans Affairs (VA) loans made up 6.7% a year earlier.

VA loan 257

VA loan FHA loan Loans Renovation 257

Housing Wire

JULY 3, 2024

According to HousingWire ’s Mortgage Rates Center , the average rate for 30-year conventional loans was at 7.12% on Wednesday, up from 7.06% a week earlier, while the 15-year conventional rate rose from 6.70% to 6.96% during the same period. The average rate for jumbo loans (balances above $766,550) rose 7 basis points to 7.11%.

VA loan 409

VA loan FHA loan Mortgages Loans 409

Housing Wire

JANUARY 10, 2024

The increase in purchase and refinance applications for both conventional and government loans is promising to start the year but was likely due to some catch-up in activity after the holiday season and year-end rate declines,” Joel Kan, MBA’s vice president and deputy chief economist, said in a statement. from 14.5% the week prior.

Mortgages 500

Mortgages VA loan FHA loan Loans 500

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 201

VA loan Mortgages Loans Lending 201

Housing Wire

NOVEMBER 7, 2024

In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with their loan payments. Delinquency rates include loans at least 30 days past due. The quarterly survey reviews late-payment and foreclosure rates based on loan type, geographical information and demographic data.

VA loan 370

VA loan FHA loan Mortgages Loans 370

Housing Wire

DECEMBER 6, 2023

Total home loan applications increased 2.8% The share of Federal Housing Administration (FHA) loan activity increased to 15%, down from 13.5% The share of Department of Veterans Affairs (VA) loan activity was 12.8%, up from 12.6% Department of Agriculture (USDA) loan activity remained unchanged at 0.5%.

VA loan 515

VA loan Mortgages FHA loan Fixed-rate mortgage 515

Housing Wire

NOVEMBER 7, 2023

In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5%

VA loan 458

VA loan Agents Seller concession FHA loan 458

Housing Wire

OCTOBER 11, 2023

Refinance applications also continue to be limited, and the average loan size has fallen to its lowest level since 2017.” of all loan applications, the highest share since November 2022. The share of Federal Housing Administration (FHA) loan activity inched down to 14.4% As a result, ARM applications represented 9.2%

Loans 386

Loans VA loan FHA loan Mortgages 386

Housing Wire

NOVEMBER 9, 2023

A total of 224 programs will fund certain upfront loan fees including the upfront mortgage insurance premium on FHA loans , the funding fee on VA loans and the guarantee fees on USDA loans.

FHA loan 458

FHA loan VA loan Finance Loans 458

Housing Wire

OCTOBER 9, 2024

decline in purchase loan demand. Conventional loan refinances, which tend to have larger balances than government loans and hence are more responsive for a given change in mortgage rates, fell to a greater extent over the week.” 4, Federal Housing Administration (FHA) loans decreased by 40 bps and represented 16.2%

VA loan 424

VA loan Mortgages FHA loan Loans 424

Housing Wire

AUGUST 7, 2024

Refinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by the Mortgage Bankers Association (MBA). HousingWire ’s Mortgage Rates Center showed that the average 30-year conforming loan rate was 6.77% on Wednesday, down from 7.01% a week earlier.

VA loan 450

VA loan FHA loan Loans Mortgages 450

Housing Wire

DECEMBER 15, 2020

The average loan size of new homes increased from $355,684 in October to $357,554 in November, according to the survey. Conventional loans composed 71.8% of loan applications, FHA loans composed 16.8%, RHS/USDA loans composed 0.9 % and VA loans composed 10.4%.

VA loan 473

VA loan FHA loan Loans Residential 473