Mortgage Rates and Home Loan News
Rithm Capital-backed NRMLT 2026-NQM11 draws preliminary KBRA ratings on $497.2 million RMBS deal
A new non-prime residential mortgage-backed securities transaction backed by loans from NewRez LLC and Cake Mortgage Corp is moving through the ratings process. The $497.2 million deal, New ...
KBRA assigns preliminary ratings to OBX 2026-NQM17 mortgage-backed notes
The U.S. non-prime residential mortgage-backed securities market is adding a $781.5 million transaction as KBRA assigns preliminary ratings to 13 classes of notes from OBX 2026-NQM17 Trust. The ...
KBRA says CMBS issuance slows as 2026 nears end
Commercial mortgage-backed securities activity is losing momentum in the closing months of 2026 as interest rate concerns and uncertainty over Federal Reserve policy and the midterm elections ...
U.S. mortgage demand declines as rates fall for third straight week
Housing affordability pressures continue to weigh on U.S. borrowers even as mortgage costs ease from recent highs. Purchase applications and refinancing activity remain weak, showing that lower ...
U.S. non-QM market growth drives originations toward $200 billion, S&P says
More than a decade after emerging as a niche segment, the U.S. non-qualified mortgage market is becoming a more standardized part of housing finance. S&P Global Ratings expects non-QM originations ...
Barratt Redrow flags weaker UK homebuyer demand after completions fall
Pressure on the UK housing market persists as higher mortgage and interest rates continue to curb affordability for individual buyers. Barratt Redrow says the softer demand environment is ...
Nelson Building Society rating affirmed at BB+ with stable outlook
New Zealand building society Nelson Building Society keeps its existing Fitch credit ratings as the agency points to a steady mortgage-led business model and conservative underwriting. The stable ...
Benchmark 2026-B44 Mortgage Trust set for Fitch ratings assignment in U.S. mortgage securities market
A new mortgage-backed securities transaction is moving toward issuance as Benchmark 2026-B44 Mortgage Trust prepares for ratings assignment on November 3, 2026. The deal is backed by a pool of ...
KBRA assigns preliminary ratings to Tricon Residential 2026-SFR3 rental securitization
Tricon Residential 2026-SFR3 enters the market backed by a large portfolio of income-producing single-family homes across seven U.S. states. The deal is structured around a $689.9 million ...
KBRA cuts four Benchmark 2019-B14 classes to D after San Francisco office loan losses
Losses tied to the resolution of the 225 Bush subordinate companion loan are wiping out several bond classes in Benchmark 2019-B14, a $1.1 billion commercial mortgage-backed securities ...
Japan interest rate rises sharpen pressure on younger borrowers
Japan is moving further away from its long era of deflation as rising interest rates begin to redistribute gains and costs across households and businesses. Higher returns on deposits are ...
MF1 Loan Services ratings revised as Fitch updates special servicer assessment
Commercial real estate servicing standards remain under scrutiny as rating agencies adjust assessments to reflect shifting market conditions. Fitch Ratings has revised its view of MF1 Loan ...
KBRA expands CMBS deal analysis offering with BX 2026-AIRC single-borrower KCAT
Commercial mortgage-backed securities research continues to center on property-level analytics, loan monitoring, and securitization context for investors and market participants. BX 2026-AIRC ...
KBRA cuts DBJPM 2020-C9 classes G and X-G ratings after San Antonio office loan losses
Credit pressure is deepening in a 2020 commercial mortgage-backed securities deal after the liquidation of a troubled Texas office asset erased most of the loan's value. The downgrades affect ...
Permanent Master Issuer publishes base prospectus for mortgage-backed note programme
Permanent Master Issuer PLC has published a base prospectus for its residential mortgage-backed note issuance programme after receiving approval from the Financial Conduct Authority. The document ...
Federal Reserve cuts rate-setting votes, raising risk of slower borrowing relief
The Federal Reserve is keeping its benchmark rate unchanged while preparing to reduce the number of scheduled votes on interest rates over the next two years. The change could lengthen the time ...
KBRA cuts WFCM 2015-NXS2 class D rating after Manhattan asset losses
Losses tied to the liquidation of a Lower Manhattan mixed-use property are pressuring the capital structure of the WFCM 2015-NXS2 commercial mortgage-backed securities deal. The downgrade follows ...
KBRA cuts Benchmark 2020-B18 class E ratings after CMBS loss realization
Losses tied to the liquidation of a San Antonio office property are pushing down part of the capital structure in Benchmark 2020-B18, a $638.3 million commercial mortgage-backed securities ...
U.S. construction spending falls sharply as residential investment weakens
Higher materials costs and pressure on housing-related activity weigh on U.S. construction outlays in September after a strong gain a month earlier. The decline is broad enough to nearly reverse ...
PRA outlines October regulatory updates for UK financial services
UK financial services firms are receiving a fresh set of Prudential Regulation Authority updates covering accountability rules, mortgage lending policy and artificial intelligence oversight. The ...
U.S. parents weigh down-payment savings for young children as housing costs stay high
Rising homeownership costs are pushing more U.S. parents to plan years ahead for their children's entry into the housing market. A September survey from Coldwell Banker finds many families with ...
