Mortgage News
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Oct 8, 2026 1:11 PM
— Mortgage Rates
Mortgage Rates Are Up Again This Week — How Can Home Buyers Cope?
Mortgage rates have increased for the fourth consecutive week, with the average rate for a 30-year fixed-rate mortgage rising by 15 basis points to 7.41% APR as of the week ending October 8, according to data from Zillow.
Oct 8, 2026 1:11 PM
— Mortgage Rates
Mortgage Rates Are Up Again This Week — How Can Home Buyers Cope?
Mortgage rates have experienced an increase for the fourth consecutive week, with the average rate on a 30-year fixed mortgage rising by 15 points to 7.41% APR as of the week ending Oct. 8, according to data from Zillow provided to NerdWallet.
Oct 8, 2026 1:10 PM
— Housing Market
A real estate succession plan built over two decades
Lucia Cooke and her daughter Allison Zimmerman have developed a succession plan for their Raleigh-Durham real estate firm, Cooke Residential, over many years. With a projected volume of ~$32 million in 2025, they are transitioning to a shared leadership model, with Zimmerman as broker in charge and co-owner. The plan emphasizes trust, education, and the sharing of institutional knowledge.
Oct 8, 2026 1:05 PM
— Mortgage Lenders
Newrez JV with eXp brings 340K agent deals into play
Newrez has announced a joint venture with eXp Realty called Revenos Mortgage, aligning the lender with one of the largest real estate brokerages in the U.S. This comes in the context of other recent developments in the mortgage sector, including the dissolution of the Success Lending joint venture between eXp World Holdings and Kind Lending, and various leadership changes within other mortgage com... more
Oct 8, 2026 1:00 PM
— Mortgage Finance
Structured-Finance Issuance Slips in 3Q26 as Rates Climb
The article discusses recent trends in the mortgage market, highlighting fluctuations in mortgage rates and the impact of various economic factors. It analyzes how these changes are affecting borrowing costs for consumers and the overall housing market. Additionally, it notes the performance of mortgage lenders amidst changing interest rates and evolving market conditions.
Oct 8, 2026 12:56 PM
— Mortgage Lending
Mutual of Omaha leaders on proprietary reverse mortgage solutions
Mutual of Omaha has made updates to its SecureEquity proprietary reverse mortgage suite, establishing a minimum home value of $300,000 and expanding its availability to 41 states and Washington, D.C. This product is aimed at borrowers who might be affected by reduced proceeds from Home Equity Conversion Mortgages (HECM) while also facilitating scenarios for debt payoff that are not permissible und... more
Oct 8, 2026 12:56 PM
— Mortgage Finance
Agency MBS Investors Take Hits, See Opportunities
The article discusses recent trends in mortgage lending, highlighting changes in interest rates and their impact on the housing market. It examines how fluctuations in the economy are influencing mortgage rates, lending practices, and buyer behavior. The piece also emphasizes the importance of monitoring these trends for potential borrowers and lenders.
Oct 8, 2026 12:55 PM
— Mortgage Finance
RTL MBS Issuers Stay Optimistic as Interest Rates Rise
The article provides insights on current market trends and factors affecting the mortgage industry, highlighting the importance of understanding mortgage rates and their fluctuations. It discusses how recent economic indicators and governmental policies are impacting borrowing costs for potential homebuyers.
Oct 8, 2026 12:54 PM
— Mortgage Finance
GSEs Lose Multifamily Share to CMBS, Banks
The article discusses the recent trends in the mortgage market, focusing on changes in mortgage rates and their impact on homebuying activities. It highlights how fluctuations in interest rates have affected both lenders and borrowers, with a detailed analysis of current market conditions and forecasts for the coming months.
Oct 8, 2026 12:53 PM
— Mortgage Finance
Ginnie Modernizations Begin to Materialize
The article discusses recent trends and developments in the mortgage market, focusing on the current state of mortgage rates, their impact on home buying and refinancing activities, and how they are affected by broader economic conditions such as inflation and government policies. It highlights the challenges faced by potential homebuyers amid rising rates and offers insights from industry experts... more
Oct 8, 2026 12:52 PM
— Mortgage Rates
Leo Pareja says rising rates have already prompted a housing collapse
AGNT CEO Leo Pareja addressed attendees at eXp Con, stating that the housing downturn has already occurred, suggesting the market is now experiencing a 4-million-per-year sales cycle. He warned that anticipated mortgage rates could reach 8% by 2027, which may further reduce existing home sales below this figure. Pareja emphasized the need to recognize that the expected housing collapse is already ... more
Oct 8, 2026 12:52 PM
— Mortgage Finance
Bank-Nonbank Loan Partnerships Performing Well
Moody's reports that no legal challenges regarding bank-nonbank arrangements have resulted in any impairment for collateral in asset-backed securities (ABS).
Oct 8, 2026 12:51 PM
— Mortgage Finance
REITs Increase MBS Holdings in Second Quarter
The article discusses trends and changes within the mortgage industry, highlighting the impact of current economic conditions on mortgage rates and lending practices. It analyzes the performance of mortgage lenders amid fluctuating interest rates and the resulting effects on the housing market. Overall, it provides insights into the challenges and opportunities faced by the mortgage sector in resp... more
Oct 8, 2026 12:51 PM
— Mortgage Rates
Lenders tighten credit as rate hikes shrink refi market
In September, the mortgage program availability became more constrained as conventional lenders responded to a significant increase in conforming mortgage rates, which rose by 64 basis points. A notable reduction in jumbo loan availability contributed to a decline in the mortgage credit index, while conforming and government loan offerings remained stable. Mortgage applications dropped by 6% due t... more
Oct 8, 2026 12:50 PM
— Mortgage Finance
Law Firm Expands Structured Finance Practice
The article discusses the current trends in the housing market, focusing on the impact of rising mortgage rates on home sales and buyer affordability. It highlights how higher rates have led to decreased demand for homes, with potential buyers being priced out of the market. Additionally, the article examines potential future shifts in the market as economic conditions evolve and how these could a... more
Oct 8, 2026 12:39 PM
— Mortgage Rates
Roundup: Energy forum / Hurricane Isaias / Mortgage rates still climbing
U.S. mortgage rates have increased for the seventh straight week, with the average 30-year fixed rate hitting 7.4%, the highest since November 2023. This rise is placing additional pressure on an already struggling housing market, as affordability reaches a critical low due to high home prices, mortgage rates, and other associated costs. As buyers look for cost-saving options, adjustable-rate mort... more
Oct 8, 2026 12:22 PM
— Mortgage Rates
Housing market wobbles into shaky fourth quarter
The mortgage and housing markets are experiencing a downturn, as September saw mortgage rates rise to their highest levels in nearly three years, leading to a 5.6% drop in home sales compared to last month and a 2.5% decline year-over-year. There was an 8% drop in pending home sales, indicating continued weak performance expected through the end of 2026. Affordability remains a significant concern... more
Oct 8, 2026 12:14 PM
— Mortgage Rates
Mortgage Rates Just Keep Going Up
Mortgage rates have surged to 7.40%, the highest since November 2023, following seven consecutive weeks of increases, driven by rising 10-year treasury yields due to geopolitical tensions and investor concerns about inflation and national debt. This jump in mortgage rates is contributing to difficulties for buyers and sellers in the already struggling housing market, with the monthly payment for a... more
Oct 8, 2026 12:14 PM
— Mortgage Rates
Mortgage Rates Just Keep Going Up
The average rate for a 30-year fixed mortgage has increased to 7.4%, marking a rise of 1.6 percentage points since the onset of the war in Iran. This surge in mortgage rates is contributing to a significant increase in borrowing costs, with the monthly payment for a median existing home now $363 higher than before the conflict began. This is the seventh consecutive week of rising rates, which have... more
Oct 8, 2026 12:10 PM
— Mortgage Lending
LoanDepot pact points to option for funding in tough market
LoanDepot and its subsidiary have entered into a repurchase agreement with Nomura Corporate Funding Americas, allowing them access to $125 million for short-term funding without commitment fees, which will aid in managing their real-estate owned (REO) portfolio. Additionally, the article mentions various industry updates, including new leadership appointments at NEXA Lending and Flyhomes, an incre... more
Oct 8, 2026 11:51 AM
— Mortgage Rates
Mortgage rates rise for seventh straight week, squeezing homebuyers
Mortgage rates have increased for the seventh consecutive week, with the average rate on a 30-year fixed mortgage rising to 7.4%, up from 7.28% the previous week. A year ago, the average was 6.3%. This rise in mortgage rates is attributed to rising 10-year Treasury yields, which averaged 5.28%, alongside inflation concerns and a bond market selloff. The high mortgage rates have led to decreased pe... more
Oct 8, 2026 11:41 AM
— Mortgage Rates
Average U.S. mortgage rate hits highest level in nearly 3 years
Mortgage rates in the U.S. have increased for the seventh consecutive week, reaching their highest level since November 2023, with the 30-year fixed-rate mortgage climbing to 7.40%. This rise, from 7.28% last week, is impacting the housing market by limiting homebuyers' purchasing power and causing many to delay home purchases. Additionally, rates on 15-year fixed-rate mortgages also increased. Th... more
Oct 8, 2026 11:12 AM
— Mortgage Lenders
Leo Pareja named CEO of AGNT, Glenn Sanford steps down
Glenn Sanford, founder of AGNT, announced his resignation as CEO, with Leo Pareja, the current CEO of eXp Realty, set to take over. Sanford will continue in his role as chairman and adviser.
Oct 8, 2026 10:48 AM
— Mortgage Lending
Payrolls–and Unemployment Rate–Tick Upward in September
In September, the U.S. job market showed signs of weakness, with only 29,000 jobs added, and previous months' figures revised down by 60,000. The unemployment rate rose to 4.2% as more people sought work, while wage growth slowed to 3%. Key sectors like health care, hospitality, and government reported slower growth, and the construction sector, especially nonresidential, saw job increases. MBA Ch... more
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The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
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