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. from the 56,000 sales in October. in November.

FHA loan

Housing Wire

FEBRUARY 13, 2025

Jumbo mortgage rates were up 2 bps, VA loan rates were up 4 bps and FHA loan rates remained unchanged. Optimal Blue reported that after hitting a multiyear low in December, the conforming loan share edged up slightly to 51% of total production but remained near record lows.

VA loan

Housing Wire

MARCH 5, 2025

According to the MBA, rates for Federal Housing Administration (FHA) loans dipped to 6.42%, while refinance activity posted its fastest pace since October 2024. The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months.

Loan Officer

Housing Wire

NOVEMBER 27, 2024

But government loans saw their shares shrink. Federal Housing Administration (FHA) loans shed 60 bps during the week to represent 16% of all applications while U.S. Department of Veterans Affairs (VA) loans were down 120 bps to 12.4% Adjustable-rate mortgages (ARMs) increased to 6.6% of applications.

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

Government-backed loans like those from the Federal Housing Administration (FHA) and the U.S. Department of Veterans Affairs (VA) come with tighter margins. Cotality’s data shows that serious delinquency rates for FHA loans are five times higher than for conventional mortgages.

Mortgages

Housing Wire

JANUARY 14, 2025

While conforming loans became less common, Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and nonconforming loan types gained traction. FHA loans rose to 21% of all lock activity, with nonconforming loans at 16% and VA loans at 11.5%.

VA loan

Housing Wire

MAY 13, 2025

Delinquencies on conventional loans increased slightly, while mortgage delinquencies on ( Federal Housing Administration ) and VA loans declined, said Marina Walsh, MBAs vice president of industry analysis. Foreclosure inventories increased across all three loan types, and particularly for VA loans.

VA loan

Housing Wire

APRIL 8, 2025

These loans, including jumbo and non-qualified mortgage offerings, accounted for 16.8% Conforming loan share fell to 51%, FHA volume dropped to 19.6%, and VA loans edged up slightly to nearly 12%. of total lock volume. Interest rates hold steady : The OBMMI 30-year conforming fixed rate held flat at 6.6%

Loans

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

Real Estate News

JUNE 16, 2025

There has also been an uptick in buyers using FHA and VA loans, which require lower down payments. An uptick in FHA, VA loans: FHA and VA loans became more common during the market slowdown this spring. of mortgage sales used an FHA loan in April, up from 14.2% a year ago.

VA loan

Housing Wire

DECEMBER 4, 2024

But government loans trended slightly upward. Federal Housing Administration (FHA) loans remained at 16% of all applications. Department of Veterans Affairs (VA) loans grew their share to 13.6%, compared to 12.4% Department of Agriculture (USDA) loans dropped 1 bps to 0.4%. in the prior week.

Mortgages

Housing Wire

MAY 5, 2025

California follows closely behind, with Gen Z making up 8% of purchase mortgage and 13% of first-time buyer loans. As the housing market has softened and down payments remain a hurdle, first-time buyers have increasingly turned to Federal Housing Administration (FHA) loans.

Lending

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

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. Conventional review share held steady, although defects in that category rose slightly.

VA loan

Real Estate News

JULY 7, 2025

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%. About 1 in 10 (9% of first-time buyers and 11% of repeat buyers) use VA loans, which don't require down payments. Write to Meghan Roos.

VA loan

Housing Wire

JUNE 10, 2025

Jumbo loans — those that exceed Fannie Mae ‘s and Freddie Mac ‘s baseline conforming loan limit of $806,500 for one-unit properties — rose faster (+2.1%) than conforming loans (+0.5%), mainly because of the increase in nonqualified mortgage programs.

VA loan

Housing Wire

FEBRUARY 12, 2025

The average loan size for a purchase application increased to its highest level since March 2022 at $456,100, partially driven by fewer FHA purchase applications but more VA loans compared to the previous week. The FHA share of total applications decreased to 16.0% of total applications. from 16.2%

Fixed-rate mortgage

The Mortgage Report

JUNE 13, 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? Verify your FHA loan eligibility.

FHA loan

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

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? Verify your VA loan eligibility.

VA loan

Housing Wire

MAY 14, 2025

Mortgage applications increased 1.1% from one week earlier, according to data from the Mortgage Bankers Associations (MBA) Weekly Mortgage Applications Survey for the week ending May 9, 2025. On an unadjusted basis, the index increased 1% compared with the previous week.

Fixed-rate mortgage

The Mortgage Report

JUNE 24, 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?

Equity

The Mortgage Report

JULY 4, 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?

Equity

The Mortgage Report

JUNE 9, 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?

FHA 203k rehab loan

Redfin

FEBRUARY 18, 2025

FHA loans An FHA loan is a mortgage loan that’s insured by the Federal Housing Administration (FHA). This means the FHA guarantees the loan, which makes lenders more willing to offer mortgages to people who might not qualify for a traditional loan.

Closing costs

Housing Wire

APRIL 2, 2025

Mortgage applications decreased 1.6% from last week , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 28, 2025. The index decreased 1% on an unadjusted basis compared with the previous week.

Fixed-rate mortgage

The Mortgage Report

JULY 9, 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?

Equity

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? Meanwhile, FHA loans comprised 15.3%

Loans

Marco Santarelli

MARCH 4, 2025

VA Loans: For eligible veterans, VA loans offer great benefits, including no down payment and often lower interest rates. FHA Loans: FHA loans are insured by the Federal Housing Administration and are designed for borrowers with lower credit scores or smaller down payments. ARMs can be risky.

Mortgages

The Mortgage Report

JUNE 17, 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?

FHA 203k rehab loan

The Mortgage Report

JULY 24, 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?

FHA 203k rehab loan

Housing Wire

MARCH 19, 2025

The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% Mortgage applications decreased 6.2% from last week, which marked the first decrease in several weeks. on a seasonally adjusted basis from one week earlier.

Fixed-rate mortgage

The Mortgage Report

JUNE 10, 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? Or you can’t get the type of loan you want.

FHA 203k rehab loan

Calculated Risk Real Estate

MAY 5, 2025

At the same time, Gen Z buyers made substantial gains in more affordable states, while FHA loans regained popularity as a critical tool for affordability-minded homebuyers. California is close behind, with Gen Z comprising 8% of purchase and 13% of FTHB loans.

FHA loan

The Mortgage Report

JULY 2, 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?

FHA 203k rehab loan

Marco Santarelli

MARCH 27, 2025

Here's a quick overview: Credit Score Range Rating Impact on Mortgage Rates 700+ Excellent Lowest Rates 680-699 Good Competitive Rates 620-679 Fair Higher Rates Below 620 Poor/Risky Highest Rates, Difficulty Getting Approved It's worth noting that different types of loans have different minimum credit score requirements.

Mortgages