Mortgage rate locks tumble as July rate spike curbs demand

Jeanine Pirro, the U.S. attorney for Washington, D.C., and FBI Director Kash Patel conduct a news conference at the Department of Justice on Monday, April 27, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images U.S. Attorney for the District of Columbia Jeanine Pirro on Friday moved to dismiss an indictment charging U.S. Olympic…

The Federal Housing Administration (FHA) has introduced an alternative program aimed at assisting borrowers who are behind on payments, as financial pressure continues to escalate within FHA portfolios, according to the Scotsman Guide. A draft mortgagee letter released on Monday outlined the Reinstatement Advance Payment (RAP) approach, which would remove the requirement for registering subordinate…

The average luxury residence in West Palm Beach was sold for $4.5 million, which is 8.9 times the price of the average non-luxury home sold in the three months ending in May, according to new data from Redfin. Among the 49 most populous housing markets in the U.S., the South Florida metro area exhibits the…

The Bank of England, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) will begin jointly overseeing the UK’s first Critical Third Parties (CTPs) starting Monday, 13 July 2026, following formal designation by HM Treasury (HMT). HMT has named four global technology providers as the first CTPs under the new regime: Amazon Web…

HELOC AI, Doc Analysis, Home Equity POS Products; L1 rebrand; Delinquencies Impact Rates; Live RESPA Panel People who say that residential lending and the state or federal governments aren’t intertwined have to look no further than the CFPB.  Their new office spaces fit 550. There are 1,100 currently. They will get there? Theoretically…