Decline in mortgage rates stimulates refinancing and VA loan applications.
After a decrease in the 30-year fixed-rate to 6.67%, the refinance share of mortgage activity has surged to 46.5% of total applications, signaling market shifts.
Howard Hanna expands into the Carolinas through Allen Tate rebranding.
Allen Tate Realtors is rebranding to Howard Hanna Allen Tate Real Estate, reflecting a strategic partnership that enhances service offerings for clients.
Lenders Can Foster Loyalty by Managing the Entire Home Buying Process
Mortgage lending now focuses on borrower experience. Surprisingly, 29% of rate-and-term refinancers switch servicers, highlighting shifting loyalty trends.
John Bell III Takes on New Role at VA’s Office of Mission Support
Patrick Zondervan, with nearly 25 years at the VA, steps up as the new executive director for Loan Guaranty Service, bringing extensive expertise to the role.
Redfin reports agent commissions have risen since the NAR settlement.
Buyer’s agent commissions are increasing, as highlighted by Redfin data. This trend follows the recent NAR commission lawsuit settlement, impacting private lenders.
AI Transformation in Real Estate: Insights from Eric Chesin at Anywhere
Explore insights from HousingWire's AI Summit as Anywhere's chief strategy officer discusses leveraging AI for business transformation in the housing sector.
Most Metro Areas Experienced Home Price Increases in Q2
The national median single-family home price hits a record high of $429,400, with most metro areas experiencing price increases. Discover the trends.
Tariffs and increased construction costs may lead to higher rental prices.
Rents have decreased by 2.7% from their peak, yet they remain significantly elevated at 17.4% above pre-pandemic levels, highlighting market trends for lenders.
From Solo Agent to Market Leader: Matthew Miale’s Transformative Journey
The Miale Team achieved $145.85 million in volume, ranking seventh among Connecticut's mega teams in RealTrends Verified, showcasing their industry performance.
UWM’s Jason Bressler advocates for brokers to leverage AI for empowerment.
Bressler cautions that significant mergers and acquisitions could harm the mortgage industry, emphasizing the need for private lenders to leverage AI as a competitive edge.