Mortgage Applications Fall 6.4% as Rates Continue Upward March
Mortgage application activity pulled back last week as higher borrowing costs weighed on both home purchase and refinance demand. The Mortgage Bankers Association (MBA) reported a 6.4% decrease in total application volume on a seasonally adjusted basis for the week ending July 24. Purchase applicati
Fed hawks are on the war path, sending mortgage rates higher
Today the 10-year yield hit a yearly high of 4.74% and mortgage rates rose six basis points to 6.83% (as of this writing), as all the Federal Reserve hawks came out to play, and they were not taking a page from Fed Chair Kevin Warsh’s playbook. They want their voices heard loud and clear — and they
ICE posts strongest quarter for mortgage tech since 2022
Intercontinental Exchange Inc., the operator of the New York Stock Exchange (NYSE) and parent company of ICE Mortgage Technology, reported its strongest quarterly mortgage business performance in four years during the second quarter of 2026. While reporting a profitable quarter, the company also ann
Pamela Heman
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