ARM and Refinance Activity Diverge Amid Declining Mortgage Demand
Mortgage applications dipped 0.3% last week, yet refinancing jumped 4% as rates reached a monthly low, indicating shifting borrower strategies in the market.
Texas Legislation Impacting the Affordable Housing Equation
Texas' recent House Bill 21 alters property tax abatement qualifications for affordable housing, potentially impacting investors and exacerbating the housing crisis.
Revive enhances and rebrands its agent AI platform.
Revive AI is rolling out updates featuring branded lead capture forms, customizable email outreach, and a new Engaged Leads dashboard to enhance user experience.
Safety in real estate encompasses more than just physical aspects.
Agent safety is vital year-round, especially during showings. Protect against legal risks and ensure your well-being in today’s complex rental market landscape.
Propy Utilizes Acquisitions and AI for Title Modernization Efforts
Title: Title Company Acquisitions Seek to Modernize Homebuying Description: The firm aims to enhance the homebuying process, securing $100 million in title company acquisitions to innovate and streamline consumer experiences.
PennyMac Reports Third Quarter Profit of $181 Million Driven by Servicing Strength
PennyMac Financial Services reports a 33% profit increase, fueled by robust revenue growth and strategic initiatives, signaling strong market positioning.
Twelve Religious Organizations Selected for Charlotte’s Housing Initiative
Religious organizations in Charlotte are leveraging over 88 acres of unused land for housing initiatives, presenting new opportunities for private lenders in real estate development.
Mortgage Rates Edge Downward, Approaching Recent Historical Lows Before CPI Report
Government shutdown delays crucial inflation data release, potentially impacting private lenders' market strategies and risk assessments. Stay informed.
Seventy New Down Payment Assistance Programs Introduced Recently
Over 2,000 counties now offer extensive down payment assistance programs, enhancing opportunities for homebuyers and presenting new options for private lenders.
eXp Luxury Launches New Division for High-Profile Clientele
Explore the new division that equips agents with certification, branding tools, and a global network to address specialized needs in the mortgage industry.