Beth Hammack’s Perspective on the Need for Additional Rate Hikes
Oil prices hovering around $70 may influence the economy, but persistent inflation and strong employment figures keep mortgage rates elevated amidst ongoing Fed discussions.
Case-Shiller Report Indicates Inflation Surpassing Home Price Growth
Case-Shiller index shows April increase of 0.8% amidst 3.8% inflation. The 20-city index up 1.1%, while Seattle experiences a decline of 2.3%.
Purchase loan closing costs decreased by 2.9%, according to LodeStar.
Purchase closing costs decreased by 2.9% across 28 states, with D.C. experiencing a significant drop of 21.1%, while Delaware saw a rise of 4.5%.
Hometap Expands Home Equity Investment Product to Five Additional States
Hometap broadens its Home Equity Investment product, now available in five additional states, providing homeowners cash in exchange for a share in future value.
Shifts in Luxury Buying Behavior as AI-Enhanced Wealth Increases
Explore how AI-driven buyers, climate relocation, and restricted inventory influence luxury real estate demand in the $1M to $5M market segment.
Supreme Lending introduces Supreme CASA to enhance Hispanic homeownership.
Supreme Lending's Supreme CASA initiative enhances HomeSí with over 15 Spanish-speaking branches and 150+ bilingual loan officers, improving access for diverse borrowers.
AI References the New Real Estate Playbook but It Lacks Engagement
Explore how the rise of AI Mode, with its 1 billion monthly users, is reshaping search behavior, influencing private lending strategies, and driving AEO in real estate.
Shifting Focus: What is Taking the Place of Rate Obsession?
Life events, not interest rates, are shaping mortgage originations. Lenders can utilize AI and modern CRMs to empower loan officers as financial advisors.
Florida Homebuyers File Lawsuit Against Compass Over $475 Fee
Florida buyers are suing Compass over a $475 closing fee, aiming for class action status regarding fees charged from June 2022 to June 2026.
NYC Board Endorses Mamdani’s Proposal for Rent Freeze
"New York Apartment Association warns that the rent freeze will severely impact living conditions, raising concerns for private lenders in the housing market."