Current Mortgage Rates Stifle US Housing Construction Activity
Homebuilders face narrowing profit margins, raising concerns for housing construction outlook if elevated mortgage rates persist, impacting private lenders' strategies.
New Home Sales Experience a 13.7% Decline
Median sales price of new homes increased to $426,600, signaling potential shifts in market dynamics despite a decline in overall new home sales.
First American Title’s Co-President Leaves Company Unexpectedly
First American Financial Corp. has confirmed Kevin Wall's departure, though the reasons behind the change remain undisclosed, raising questions in the industry.
Report: 6% of Sellers May Sell Homes for Less Than Purchase Price
Discover insights into homeowner equity and market risks, as a significant percentage of sellers face potential losses on property sales. Read more for details.
Jerome Powell States the Fed Will Maintain Current Interest Rates
Federal Reserve maintains a cautious approach to monetary policy, assessing the economic effects of tariffs on U.S. growth and lending conditions.
Legislation to Ban Abusive Trigger Leads Advances in the House
Private lenders should prepare for upcoming regulatory changes as a final rule is anticipated, impacting lending practices and compliance requirements.
New York State Home Sales Decline 11% Despite Rise in Listings
New York's median home price rises to $436,000, reflecting a 3.8% increase. Yet, sales dip 11% despite more listings, signaling market challenges.
Longbridge Discusses AI for Senior Inclusion; UWM Highlights Lending Innovations
Explore our weekly series on emerging technologies and trends transforming the mortgage and real estate sectors, tailored for private lenders. Keep informed.
Potential Impact of US Military Actions on Mortgage Rates
Events in the Middle East typically enhance bond market stability and strengthen the U.S. dollar, yet this year presents a unique shift affecting mortgage rates.
Analysis of Real Estate Trends: Updates from the Week of June 16-20
Explore the latest developments impacting private lenders, from public funding for sports stadiums to property tax changes in Texas and influencer misadvice.