US military carries out fresh strikes on Iran, prompting Iran attacks on Kuwait and Bahrain

What fills the gap is a layered set of alternatives, with portfolio banks, non-QM lenders, and private lenders picking up the slack. For creditworthy borrowers and the brokers working with them, finding the right financing can be a challenge. For private lenders on the ground in South Florida, none of this is new. Zack Simkins…

Mortgage application activity declined for a second consecutive week as higher borrowing costs continued to weigh on both purchase and refinance demand. The Mortgage Bankers Association (MBA) reported a 2.9% decrease in total application volume on a seasonally adjusted basis for the week ending July 31. Purchase applications decreased 4% from the previous week on…

Canadians can now earn travel rewards on their mortgage payments following the launch of what Chexy bills as the country’s first mortgage rewards program. Developed in partnership with Aeroplan, the new offering allows Canadians to earn one point for every dollar they spend on their mortgage without refinancing or changing lenders. “We teamed up with…

Frustrated by slow sales and stubbornly high construction costs, U.S. home builders reported declining market outlooks in July as the housing market turned the corner into the second half of 2026. In their jointly produced Housing Market Index (HMI) published Thursday, the National Association of Home Builders (NAHB) and Wells Fargo said measures of current…

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