Loan officers are going to Washington
Loan officers are taking their borrower stories to Capitol Hill, giving mortgage advocacy a new frontline voice in the debate over housing affordability and lending policy.
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Loan officers are taking their borrower stories to Capitol Hill, giving mortgage advocacy a new frontline voice in the debate over housing affordability and lending policy.
The 30-year fixed rate pushed buyers toward adjustable-rate loans and dragged applications to a five-week low
Maturing bank-held loans are pushing originations higher
Mortgage credit availability slipped 0.4% in April as conventional and jumbo standards tightened, MBA reported.
New MBA data pointed to rising early-stage trouble across key property types
New MBA data pointed to rising early-stage trouble across key property types
MBA reports apps up 1.8% for April 10, 2026, as refis rose 5% and the purchase index fell 1% with the 30-year rate at 6.42%.
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MBA reports mortgage applications fell 10.4% last week as the 30-year fixed rate rose to 6.57% and refinances fell 17%.
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U.S. mortgage rates increased last week to an almost two-month high, weighing on home purchase activity.
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IMB profits per loan rose in 2025 as volumes and loan sizes grew, but net production income remains far below historical norms.
The rebound followed a volatile stretch in March, when MBA data showed applications dropping more than 10% in a single week
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Herrera previously served as vice president of Americasa, a Spanish-language mortgage platform promoting Hispanic homeownership.
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