Mortgage Spreads Reach Record Lows, Maintaining Rates Around 6%
Improved mortgage spreads are driving rates closer to 6%, contributing to greater stability in the housing market and benefitting private lenders.
Enhancing Efficiency in Home Equity Turnaround Times
Homeowners are leveraging substantial equity, with 48 million mortgage holders averaging $213,000 in tappable value, presenting unique opportunities for private lenders.
Tony Kottenbrock discusses the expansion of non-QM in wholesale lending.
Newrez aims to enhance growth by concentrating on closed-end second mortgages and utilizing broker expertise to address emerging market needs.
Update on Essential Market Developments
Discover the latest trends in private lending, highlighting key states like California, Florida, and Texas in bridge lending and DSCR loans.
Florida Realtors and Japan-America Real Estate Coalition Strengthen Partnership
Japan Airlines' subsidiary introduces nonstop flights between Florida and Asia, enhancing global connectivity and potential opportunities for private lenders.
Highlights and Challenges in Real Estate Activity for the Week
Explore the impact of violence on housing, Zohran Mamdani's stance on proposals, and surprising real estate developments in this week's insights.
NorthstarMLS Updates Board Structure and Adopts New Governance Model
The new governance model features a streamlined board of directors, predominantly comprising members from outside the real estate sector, enhancing diverse expertise.
Realtor.com Introduces 3D FlyAround Tool for Property Viewing
Discover a tool designed to enhance home shoppers' knowledge of a property's environment, aiding informed decisions before in-person tours.
Zillow’s Follow Up Boss Privacy Policy Changes Ignite Industry Discussion
Zillow's recent update to Follow Up Boss's privacy policy has sparked concerns among real estate professionals regarding the handling of client data.
Report: Approximately 2.8% of the National Housing Inventory Sold This Year
National housing inventory turnover has reached a 30-year low, with only 2.8% changing hands this year, highlighting significant market stability challenges.