March Sees 7.4% Increase in New Home Sales
New home sales have surged, but the median sales price has declined, indicating market fluctuations that could impact lending strategies.
Home Prices Rose by 0.4% in March, According to Recent Report
Bridgeport, Connecticut experiences a notable 7.9% year-over-year increase in home prices, highlighting key trends in major metro markets.
Agent discovery traffic to one portal declined for the first time ever.
A recent report reveals only 8.4% of agents are featured in AI responses, with the top 1% capturing 47% of citation share across metropolitan areas.
CoStar CEO Andy Florance Acquires More Than 70,000 Shares
CoStar CEO Andy Florance acquired 71,430 shares at $34.67-$36.00 as company Q1 revenue increased 23% to $897 million, reflecting strong market performance.
Rocket Pro Increases Broker Credit by 100 Basis Points Through May
Rocket Pro's latest Power Play extends the stacked 100 bps broker pricing credit and increases non-QM limits, enhancing options for private lenders.
Onity Group lowers 2026 ROE forecast due to Q1 servicing losses.
Onity servicing's UPB reached $338B, yet the segment reported a $16M adjusted pre-tax loss amid rising MSR runoff, raising concerns for private lenders.
Mortgage Rates Rise to 6.5% Due to Global Economic Volatility
Mortgage rates are now at 6.5%, reflecting a shift in financial markets' attention from economic indicators to rising geopolitical tensions.
Darryl Davis: Market Changes Favor Skilled Professionals in Mortgages
In a cooler market, experienced real estate agents can enhance their visibility, offer valuable market insights, and demonstrate strong negotiation skills.
Generic AI Cannot Resolve Mortgage Lending Issues; Intelligent AI Can.
Mortgage lenders must leverage AI to transform operations, shifting focus from mere paper-pushing to strategic outcomes for a competitive edge in the industry.
Veterans Identify Upfront Costs as Primary Barrier to VA Loans
NewDay USA study reveals 55% of borrowers hold misconceptions about VA loans, with 33% unaware of 0% down payment and no PMI benefits for veterans.