Biggest mortgage rate drop since pandemic sparks agent optimism

A big drop in mortgage rates has resulted in holiday rejoicing for agents and hopeful buyers. Make sure you're ready to work with them.

Economists agree rates have peaked. But will they come down?

Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they'll come down over the next two years.

Mr. Cooper faces slew of class action lawsuits after cyberattack

The servicer is facing five separate federal lawsuits over an Oct. 31 cyberattack that knocked out services for days and prevented borrowers from accessing their accounts or paying home loans.

Homebuyers perk up as mortgage rates hit lowest level in 2 months

Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association.