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Reverse mortgage volume falls to 13-year low

Reverse mortgage endorsements have dropped 15.5% in June from the previous month, hitting a low the industry hasn’t seen since 2005, according to data analytics firm Reverse Market Insight ... read more

Counselors Adapt to New Private Reverse Mortgages as Volume Falls

Reverse mortgage counselors have seen their demand fall in tandem with originations and endorsements, but many are already adapting their educational programs to include the wide array of private ... read more

Home Sales Fell to a New 13-Year Low in October - WSJ

Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market. Home-buying affordability sits near its lowest level in decades ... read more

Mortgage market index falls to 22-year low -MBA | Reuters

A measure of mortgage loan application volume fell to its lowest level in 22 years last week, Mortgage Bankers Association data showed on Wednesday, as the Federal Reserve's moves to cool the ... read more

Mortgage demand falls to 27-year low despite drop in interest rates

Total mortgage application volume fell 2.9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. read more

Mortgage Demand Falls To New 22-Year Low As Housing Market Fuels ...

“A bona fide recession looks more likely than not over the next year,” prophesies one economist as the housing market rapidly cools. read more

Housing Market: Soaring Mortgage Rates Drag US Sales to 13-Year Low ...

The spike in mortgage rates dragged on the US housing market once again last month, as activity plunged to a 13-year low even as prices ticked up. read more

U.S. Home Mortgage Lending In Q1 Falls To 23-Year Low

Just 1.25 million residential mortgages were originated in the first quarter of 2023 in the United States — the fewest since late-2000, ATTOM reported Thursday. read more

Mortgage demand falls to the lowest level since the end of 2018, even ...

Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly last week. read more

Housing Market's Freeze Got Deeper In October As Sales Hit 13-Year Low

Home sales fell to a 13-year low in October, due to high mortgage rates pricing buyers out of the market. Prices rose to their highest ever for the month of October, due to low inventory spurring ... read more