Mortgage Rates & Housing News
Daily mortgage rates, housing market analysis, and expert homebuying advice from industry professionals.
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nCino Bundles AI Tools for Mortgage Loan Officers Into a New Productivity Suite
nCino said Oct. 12 its Loan Officer Productivity Suite brings an AI assistant, eligibility prechecks, AUS task summaries and automated preapprovals and disclosures into its mortga…
PLACE Agrees to Buy Ardley, Adding Mortgage Retention Software Weeks After Maxwell
PLACE said Oct. 9 it agreed to acquire Ardley, which analyzes servicing portfolios and sends borrowers pre-structured loan offers. Financial terms were not disclosed.
MBA Adds FTI Consulting Cybersecurity Help as a Member Benefit
MBA said Oct. 9 its members will get preferred access to FTI Consulting for security assessments, threat monitoring and incident-response support, without requiring a full audit.
eXp Realty and Newrez Plan Revenos Mortgage Joint Venture for Early 2027
Announced Oct. 8 at eXpcon, Revenos Mortgage, powered by Newrez, will serve eXp agents and their clients. It is not live yet, and product and pricing details have not been release…
Ocrolus Now Includes Its Detect Fraud Checks for All Mortgage Customers
Ocrolus said Oct. 12 that every mortgage customer now gets Detect, which screens bank statements, pay stubs and tax forms for tampering, at no added cost.
Redfin: Pending Home Sales Fall to Lowest Level Since 2014, Outside April 2020
Redfin's Oct. 12 report says September pending sales fell 4% from August, the largest monthly drop in more than three years, as mortgage rates moved above 7%.
Zillow: A $100,000 Income Can Afford 77% of Rentals, Versus 31% at the Typical Renter Income
Zillow Research, publishing Oct. 7, found a $2,500 monthly budget covers 77% of 2026 rental listings and buys nearly 20% more space, though the result varies widely by metro.
FHA Sets Score-Selection Rules for FICO 10T and VantageScore 4.0 Starting Jan. 1, 2027
FHA Mortgagee Letter 2026-11, dated Oct. 8, explains how lenders pick the Minimum Decision Credit Score when more than one credit score model is submitted, for case numbers assign…
Alta Home Lending Says It Has Nearly Doubled Staff, Bets on Builder Joint Ventures
An Oct. 11 San Antonio Express-News report says Alta grew from 80 to 150 employees after its April 2025 Republic State Mortgage acquisition, as it adds builder partners including…
Fed Survey Finds More Families Stretched by Debt Payments Even as Home Equity Grew
The Federal Reserve's 2025 Survey of Consumer Finances, released Oct. 9, shows 8.6% of families spending more than 40% of income on debt payments, the highest share since 2013.
HUD Sets 5% FHA Debenture Rate for Second Half of 2026
A HUD notice filed for public inspection Oct. 9 sets a 5% debenture interest rate for most FHA loans committed or endorsed July 1 to Dec. 31, 2026. It is not a consumer mortgage r…