New-home purchase mortgage demand kept growing in July

The Mortgage Bankers Association (MBA)’s Builder Application Survey data for July 2025, released on Monday, shows that mortgage applications for new-home purchases increased 6.8% compared from a year ago. Compared to June 2025, applications increased by 7%. This change does not include any adjustmen
Read MoreMortgage spreads cushion mortgage rates against warm inflation data
Inflation data was warm last week, but mortgage rates remain near their lowest levels for 2025 because mortgage spreads continue to outperform. Last week featured a hot Producer Price Index (PPI) report and a core Consumer Price Index (CPI) inflation rate of 3.1% year-over-year, and still — mortgage
Read MoreThe Florida Association of Mortgage Professionals pushes for condo guideline changes

Florida homebuyers are facing the same affordability challenges that other housing markets are grappling with, but with added regulatory hurdles if they want to buy a condo. The Florida Association of Mortgage Professionals (FAMP), which is hosting its annual convention this week in Orlando, is addr
Read MoreAs Social Security turns 90, what will its future hold?

The Social Security system celebrated its 90th birthday this week. In the wake of this milestone, several policy analysts and news outlets offered their thoughts on the program’s past, present and future. The Committee for a Responsible Federal Budget (CRFB) noted that the safety net program that cu
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