Up to now, homebuilding rankings have mostly answered two questions: who is bigger? And who is the biggest? They remain important questions. Scale matters in U.S. homebuilding. It affects land access, purchasing leverage, trade depth, capital relationships, brand reach, technology investment and resilience when demand turns uneven. In a market shaped by affordability pressures, higher-for-longer […]

Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%.

Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.

Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said regulators should prioritize rolling back rules that raise costs as mortgage rates are likely to stay “stubbornly high” for the foreseeable future.

Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit said regulators should prioritize rolling back rules that raise costs as mortgage rates are likely to stay “stubbornly high” for the foreseeable future.

Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.