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US mortgage lenders
Trends
- 1US home prices stay below long-term average for 17th month●US home prices hold below long-term average for 17th month
US home prices have now remained below their long-term average for a 17th consecutive month, according to industry reporting. The figures point to a cooling housing market where price growth is lagging historical norms, a trend being watched closely by buyers, sellers and mortgage lenders as elevated interest rates continue to weigh on affordability across the country.
- 2AI Governance Arrives in Mortgage Finance▼AI Governance Has Arrived in Mortgage Finance. What Comes Next?
The Urban Institute reports that formal AI governance has now reached the US mortgage finance industry, as regulators and lenders grapple with how automated models are used in underwriting, servicing, and risk decisions. The analysis argues the question has shifted from whether AI will be governed to how quickly firms must build compliance frameworks. Industry watchers are weighing what new oversight rules will mean for lenders and borrowers.
- 3Rocket Companies posts record mortgage market share●Rocket Companies posts record mortgage market s...
Rocket Companies has posted record mortgage market share, strengthening its position as one of the largest US home lenders. The result points to the Detroit-based company gaining ground on competitors despite a difficult housing market shaped by high interest rates. Industry observers are watching whether the lender can hold that lead as mortgage volumes remain under pressure.
- 4Mortgage Rates Rise for Third Straight Day, Squeezing Borrowers▼Today’s Mortgage Rates, Sept. 26: Rates Rise for a Third Straight Day Affecting Borrowers
US mortgage rates climbed for a third consecutive day as of September 26, adding to the financial pressure on homebuyers and those looking to refinance. Borrowers face higher monthly costs as lenders adjust pricing upward, and market watchers are keeping an eye on whether the upward trend will continue into October.