President Trump’s announcement that the GSEs will buy $200 billion of agency MBS prompted mortgage spreads to tighten by about 20 basis points and some lenders to offer mortgages below 6.00%.

Lenders are looking to investments in technology to help scale originations without adding a huge number of LOs when lending increases.

Volume with primary MI was up sharply in the fourth quarter of 2025 at both the government-sponsored enterprises and the Department of Veterans Affairs, while FHA volume lagged to some extent.

CHLA said a single-bureau credit pull could ultimately increase costs for borrowers, among many other issues.

Potential home sales aren’t penciling out for some buyers who bought in recent years.

Foreclosure filings increased by 14% on an annual basis in 2025.

“There are a number of companies that have thrown out the rule book, if you will,” said Christy Soukhamneut, a consultant.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased from 6.25% the week ending Jan. 2 to 6.18% last week.

“As part of those efforts, next week at Davos I’m going to provide much more detail about our housing policy so that every American who wants to own a home will be able to afford one,” President Trump said.

The shift in credit scores was driven by refinance activity.