Bipartisan Efforts to Enhance Financing Options for ADUs
The SUPPLY Act enables homeowners to obtain federally backed, second-lien mortgages for financing accessory dwelling unit construction, enhancing housing options.
Mortgage Rates Rise as Federal Officials Consider Rate Cuts
The upcoming Federal Reserve meeting may influence private lenders, as discussions on potential rate cuts could impact borrowing costs and market dynamics.
Opendoor Emerges as Reddit’s Latest Memestock Sensation
Opendoor's equity price has notably surged, influenced primarily by discussions and activity within Reddit's Wall Street Bets subreddit, impacting market trends.
Non-QM Loans: Transforming Homeownership in Today’s Economy
Explore the evolving U.S. mortgage landscape, where Non-Qualified Mortgages are reshaping lending practices to reflect modern earning and living trends.
Rising Rates Lead to a Decline in Single-Family Construction
Fed policy has negatively impacted single-family construction data, leading to further declines in the housing market, posing challenges for private lenders.
Is REX Taking Its Legal Battle to the Supreme Court?
REX secures an extension to file a petition with the Supreme Court, indicating its intent to persist in the ongoing legal dispute.
Foreclosure Activity Experiences Increase in Early Year Period
Foreclosure filings increased in residential properties, highlighting trends that could impact private lenders and investment strategies. Learn more about current market dynamics.
Builder Confidence Sees Modest Increase
Builder confidence shows slight improvement despite 38% of builders reducing prices, marking a significant trend that could impact private lending strategies.
Leading San Diego luxury real estate firm partners with Compass
Leading private lenders recognize the group's success, with over $500 million in sales, highlighting their expertise in serving high-profile clients effectively.
Mortgage Applications Decline as Rates Increase Once Again
Refinance index drops 7% week-over-week, yet remains 25% higher than last year. Refi share of mortgage applications rises to 41.1% of total activity.