Housing Wire

FEBRUARY 6, 2025

By loan type, the past-due rate for conventional loans decreased between the third and fourth quarters by 1 bps to 2.62%. The rate for FHA loans increased by 57 bps to 11.03%, and the rate for VA loans rose by 12 bps to 4.70%. They tend to be more vulnerable to economic stressors like job losses or inflation.

VA loan 363

VA loan FHA loan Debt-to-income ratio Loans 363

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

OCTOBER 20, 2022

” The post Voxtur rolls out attorney opinion letters for VA loans appeared first on HousingWire. The industry group has also said alternatives to title insurance “pose an even greater risk to the housing finance system.”

VA loan 397

VA loan Loans Title Land 397

Housing Wire

DECEMBER 18, 2024

Meanwhile, government loan activity increased across all loan types, excluding U.S. Department of Veterans Affairs (VA) loans. VA loan activity fell 100 bps to 15.3% including a large decrease in VA refi application volume. Department of Agriculture (USDA) loans increased 10 bps to 0.5%.

VA loan 378

VA loan Mortgages FHA loan Loans 378

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. On-the-ground observations Loan officers say they’re seeing an increase in government loan demand. Certain geographic areas have higher shares of government loans.

Loan Officer 268

Loan Officer Loans VA loan FHA loan 268

Housing Wire

MARCH 13, 2025

By loan type, conventional mortgages made up 56.7% FHA loans had a share of 32.1%, followed by U.S. Department of Veterans Affairs (VA) loans at 10.6%, and U.S. Department of Agriculture (USDA) loans at 0.6%. The average loan size declined from $403,416 in January to $397,516 in February. of applications.

FHA loan 360

FHA loan VA loan Mortgages Loans 360

Housing Wire

DECEMBER 3, 2024

Per FICO’s press release, the Montana-based company collaborated with the VA to confirm acceptance of FICO Score 10 T ahead of the widespread transition as required by the Federal Housing Finance Agency (FHFA). Cardinal claims to be one of the first lenders to adopt FICO 10 T for its nonconforming loans.

VA loan 384

VA loan Mortgages Loans Lending 384

Housing Wire

JANUARY 2, 2025

Government lending programs saw mixed results as applications for Federal Housing Administration (FHA) loans fell by 60 bps to a market share of 16.6%, while applications for Department of Veterans Affairs (VA) loans rose by 50 bps to a share of 15.7%.

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FHA loan Mortgages VA loan Loans 441

Housing Wire

DECEMBER 11, 2024

Government loan activity saw a slight jump. Department of Veterans Affairs (VA) loans followed suit, jumping 270 bps to 16.3% Department of Agriculture (USDA) loans were flat at 0.4%. MBA’s report also examined the average contract interest rates for several loan types. of all applications.

As-is 384

As-is VA loan Mortgages Loans 384

Housing Wire

NOVEMBER 11, 2024

of the loan amount) compared to the VA’s purchase, construction and cash-out refi options. To qualify, borrowers must have a current VA loan that is in good standing and must have previously used their VA entitlement. The product has a lower funding fee (0.5%

Closing costs 362

Closing costs Loans Closing VA loan 362

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% of applications.

Mortgages 370

Mortgages VA loan FHA loan Fixed-rate mortgage 370

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 226

VA loan FHA loan Mortgages Loans 226

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 383

FHA loan VA loan Mortgages Loans 383

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 289

VA loan FHA loan Mortgages Loans 289

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%.

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VA loan FHA loan Mortgages Loans 369

Keeping Current Matters

NOVEMBER 10, 2023

VA home loans can help people who served our country become homeowners.

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VA loan Loans 358

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. the previous week.

Mortgages 384

Mortgages VA loan FHA loan Loans 384

Keeping Current Matters

MAY 27, 2024

For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.

VA loan 357

VA loan Loans 357

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. REALITY: There is no limit.

Loans 441

Loans VA loan Mortgages Lending 441

Housing Wire

DECEMBER 10, 2024

Department of Veterans Affairs (VA) loans had saw the largest monthly improvements, dropping their rates by 1.28 VA mortgages also accounted for roughly 30% of rate-and-term refi activity in September and October, a figure that ICE said is four times higher than their representation among active mortgages. percentage points).

Mortgages 368

Mortgages VA loan Loans Closing 368

Keeping Current Matters

NOVEMBER 9, 2023

For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.

VA loan 359

VA loan Loans 359

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.

Loans 303

Loans Debt-to-income ratio VA loan FHA loan 303

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 202

VA loan Mortgages Loans Lending 202

Housing Wire

MAY 21, 2024

VA policy states that while a veteran is allowed to use a buyer broker to purchase a home using their VA loan benefit, they “may not under any circumstances, be charged a brokerage fee or commission in connection with the services of such individuals.”

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VA loan Agents Loans MLS 517

Keeping Current Matters

NOVEMBER 11, 2024

For over 79 years, Veterans Affairs (VA) home loans have helped countless Veterans achieve the dream of homeownership.

VA loan 320

VA loan Loans 320

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.

VA loan 201

VA loan FHA loan Mortgages Loans 201

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 368

VA loan Commercial Loans Staging 368

Housing Wire

MAY 15, 2025

Department of Veterans Affairs (VA) loan defect rates remained largely unchanged, while U.S. Across the year, FHA and USDA loans saw declines in defect rates, while conventional loan defects edged up and VA loan rates remained flat. Department of Agriculture (USDA) volumes remained low.

VA loan 215

VA loan Mortgages FHA loan Loans 215

Housing Wire

NOVEMBER 16, 2020

VA loans are mortgage loans that are guaranteed by the Department of Veterans Affairs. Only homebuyers who are military veterans, current military members or their spouses can qualify for a VA loan. Like VA loans, USDA loans require no down payment. Minimum down payment: Zero.

VA loan 485

VA loan FHA loan Mortgages Loans 485

Housing Wire

NOVEMBER 10, 2023

In September, government-insured FHA loans represented a little over 15% of U.S. Meanwhile, military VA loans represented 6.3% Conventional loans remain the most common type of mortgage, making up over 75% of all loans. In cities with a notable military presence, VA loans have high usage.

FHA loan 441

FHA loan VA loan Mortgages Loans 441

Housing Wire

APRIL 2, 2025

Assumable mortgages let buyers take over a sellers loan, with Federal Housing Administration (FHA) and Veterans Affairs (VA) loans about one-third of all U.S. Roam gives Americans the tools to save themselves from the increasing disconnect between what families can afford and what the median home sells for in this market.

Mortgages 262

Mortgages VA loan Loans Closing 262

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 305

Debt-to-income ratio Agents VA loan MLS 305

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. While I’m a fan of improving antiquated systems, I first wonder if the VA, the MBA, or Congress were open enough about the problems with the current system.

VA loan 79

VA loan Loans HR Due diligence 79

Housing Wire

JUNE 11, 2024

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. ” The VA also clarified that veterans can still ask sellers to cover these fees.

VA loan 517

VA loan Loans Brokerage MLS 517

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

DECEMBER 3, 2023

in October, also a series high, while the average among FHA and VA loans hit 45.5% for FHA loans and 44.5% for VA loans. Lenders have responded by tightening credit requirements and the average credit score among conventional, FHA and VA loans. and 44.4%, respectively.

Equity 441

Equity VA loan FHA loan Mortgages 441

Housing Wire

OCTOBER 25, 2024

Department of Veterans Affairs (VA) would be disadvantaged. Previously, under VA policy, although a veteran was allowed to use a buyer broker to purchase a home using their VA loan benefit, they could “not under any circumstances, be charged a brokerage fee or commission in connection with the services of such individuals.”

VA loan 421

VA loan Purchase and sale agreement Loans Agents 421