Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

In 2024, the denial reason most commonly cited by lenders was debt-to-income (DTI) ratio, listed as the primary reason in 36% of mortgage denials. The second most common was collateral (17%). Both of ...

With home prices still elevated and loan rates only starting to come down from the two-decade high they hit in October 2023, securing a mortgage can be hard. In 2022, 9.1% of mortgage applications ...

The full mortgage application takes place after you’ve had an offer on a home accepted. Your lender will investigate your financials and the property you’re purchasing to complete the application. Be ...

The demand for home loans eased but still ticked up 0.6% for the week ending Sept. 19, according to the Mortgage Bankers Association. The increase is not as significant as the 29.7% increase in ...

The demand for home loans took a tumble after three consecutive weeks of increases. Mortgage applications decreased 10% for the week ending July 11, 2025, according Mortgage Bankers Association (MBA).

A second week of lower interest rates appeared to send homeowners scrambling to refinance their higher-rate mortgages assumed over the last few years. The Mortgage Bankers Association said its Market ...

Consumer credit preferences shift as households anticipate reduced demand for credit cards, mortgages, and auto loans in the coming year. The Federal Reserve Bank of New York's Center for ...

Purchase and refinance loans both fell as mortgage rates increased across the board. Overall applications fell 7.7% from a week earlier. Purchase applications fell 6%. Refinance applications fell 13%.

Mortgage applications can be denied for multiple reasons, including credit issues and changes in employment. If your mortgage application is rejected, you can explore other lenders and loan options ...