Mortgage Rates and Home Loan News
Morningstar DBRS upgrades five SoFi consumer loan transaction ratings
Credit conditions in SoFi consumer loan securitizations remain supported by rising credit enhancement even as delinquencies increase in recent months. Morningstar DBRS confirms 10 ratings and ...
U.S. new home sales edge up in June as mortgage rates weigh on housing demand
U.S. housing demand remains under pressure even as new single-family home sales recover modestly in June after two straight monthly declines. The pickup comes with borrowing costs near their ...
U.S. mortgage rates climb to 11-month high as inflation concerns pressure housing finance
Borrowing costs for U.S. homebuyers are rising again as bond markets and Federal Reserve officials remain cautious about inflation. The average contract rate on a 30-year fixed mortgage reaches ...
KBRA assigns ratings to $480.2 million New Residential mortgage trust deal
The latest non-prime residential mortgage-backed securities issuance adds a $480.2 million transaction to the U.S. structured finance market. The deal, sponsored by Rithm Capital Corp., is backed ...
U.S. single-family housing starts, permits decline in June as mortgage rates weigh on market
Amid persistent affordability pressures in the U.S. housing market, single-family homebuilding and permits for future construction fall in June. The pullback comes as mortgage rates rise and the ...
U.S. home affordability slips for fifth straight month as prices and mortgage rates rise
Rising borrowing costs and higher home prices are making it harder for U.S. buyers to qualify for a mortgage in June. The income needed to finance a median-priced single-family home reaches ...
UK lenders raise mortgage rates as Middle East tensions lift swap costs
UK mortgage borrowers are facing higher fixed-rate home loan costs this week as several major lenders reverse part of the recent decline in pricing. The moves follow a rise in UK swap rates linked ...
NYC Commercial Mortgage Trust receives final Fitch ratings for $500 million CMBS deal
New York City's commercial real estate financing market adds another benchmark transaction as NYC Commercial Mortgage Trust 2026-31W secures final ratings for a roughly $500 million securities ...
