Luxury Home Sales Prices Reach Record Median High
Luxury home sales prices have risen 5.5% year-over-year, signaling strong market demand and potential opportunities for private lenders. Explore the trends further.
Home Sales Activity Increases in New York State
"Home sales in New York State are seeing increased activity, with median prices climbing to $431,000, highlighting a dynamic market for private lenders."
Wealthfront enters the mortgage industry with new offerings.
Wealthfront introduces early access to Wealthfront Home Lending, signaling a significant shift in private lending opportunities and potential market dynamics.
The Impact of Thanksgiving on the Homebuying Process
Gen Z favors additional bathrooms over bedrooms in home preferences, highlighting a shift in housing demands. Explore Thanksgiving's impact on homebuying trends.
Senate Banking Committee Moves Forward with FHA and Ginnie Mae Nominees
Senate committee advances Frank Cassidy and Joseph Gormley for FHA and Ginnie Mae roles, with industry groups advocating for their swift confirmation.
Liquidity and insurance premiums are key concerns in the HUD reverse mortgage review.
HUD's RFI on reverse mortgage programs emphasizes the industry's attention to mortgage insurance costs and liquidity challenges, prompting vital discussions among private lenders.
Adapting to Innovation in a Changing Mortgage Market
In a dynamic market, lenders can gain a competitive edge by enhancing customer experience, improving operational efficiencies, and adapting to changes swiftly.
Minnesota Property Taxes May Increase by $1 Billion in the Coming Years
Minnesota faces a significant property tax increase that may reach $1 billion, raising concerns for lenders about market stability and investment strategies.
Report Reveals Nearly Half of Renters Plan to Purchase a Home Soon.
Experian's report reveals that around 60% of current renters possess near-prime or higher credit scores, indicating a potential surge in home buyers.
Assessing the Impact of NAR’s Decision on Non-Realtors’ MLS Access
NAR's advocacy for local discretion in mortgage guidelines is noted, yet private lenders question the potential effectiveness of Handbook changes on their operations.