Will the housing market continue to grow with mortgage rates above 6.64%?
Amid high rates exceeding 6.64%, purchase applications fell 7% weekly and 2% annually, yet pending sales remain robust, indicating market resilience.
Lofty introduces one-click Showami integration for on-demand property showings.
Lofty’s integration with Showami enables 80,000 U.S. agents to seamlessly request and track on-demand showings directly from their CRM, enhancing efficiency.
The brokerage model is evolving, exemplified by Keller Williams’ JMG acquisition.
Keller Williams to acquire Jason Mitchell Group, enhancing its lead network model amidst speculation of a potential IPO. Insights for private lenders.
UWM’s Broker Ultimatum Linked to Rivals’ 5 Basis Point Price Reduction
United Wholesale Mortgage's policy change restricting brokers from working with Rocket Mortgage led to a 5 basis point price drop for unaffected lenders, a recent study finds.
Top Cities for First-Time Homebuyers: Best and Worst Choices
Explore the challenges first-time homebuyers face in California's cities, revealing significant insights for private lenders in today's competitive market.
Bank regulators provide guidance on credit risk related to unauthorized workers.
OCC, FDIC, and NCUA emphasize the importance of managing credit risk for borrowers lacking work authorization, highlighting compliance with existing regulations.
Thomas Jefferson’s Childhood Residence Hits the Market for $17 Million
Explore the rare opportunity to acquire Thomas Jefferson's historic boyhood home, a National Register property, for $17 million, with private tours available.
Indiana Sees Surge in Home Sales and Listings in Early Year
Indiana's real estate market is experiencing significant growth, with a 5% increase in median sale prices year-to-date and June's rates reaching an all-time high.
Zillow’s Challenges: MRED and Compass Claim Self-Inflicted Issues
Zillow faces allegations of a group boycott by MRED and Compass, with defendants claiming Zillow's issues stem from self-inflicted wounds, not monopolistic practices.
Median Monthly Rent Sees Annual Decrease for 35 Consecutive Months
Median asking rents have decreased for 35 consecutive months, driven by an oversupply in multifamily construction relative to demand.