Mortgage Application Payments Decreased, Suggesting Enhanced Affordability
National median payment for purchase mortgage applicants falls to $2,172 in June, indicating potential shifts in market conditions and borrower affordability.
Realty Executives International Consolidates Operations in Arizona
A strategic realignment unites nearly 1,000 agents across 24 offices, with plans for seven additional locations, enhancing collaboration in the mortgage sector.
Fed Maintains Steady Rates as Markets Anticipate September Reduction
The Federal Reserve maintains its benchmark interest rate at 4.25%-4.5%, impacting market stability and borrowing costs for private lenders.
Leading Northern Arizona Real Estate Team Partners with The Real Brokerage
JBRE & Co. achieves significant growth with 138 transactions worth $73 million, poised for expansion as projections indicate over $100 million in sales ahead.
Pending Home Sales Decrease 0.8%, Reflecting 2.8% Year-over-Year Decline
Private lenders should note the month-over-month and year-over-year declines in the Midwest, South, and West, while the Northeast experienced a notable 2.1% gain.
A Meaningful Bipartisan Housing Bill to Address Current Challenges
Explore insights on a bipartisan housing bill that prioritizes market-driven solutions, aiming to streamline government involvement for private lenders.
NWMLS states it holds ‘no obligation to negotiate’ with Compass.
Brokerage tensions rise as NWMLS counters Compass's response to its motion to dismiss, highlighting ongoing disputes within the real estate industry.
LoanLogics Reports Ongoing 11.5% Error Rate in U.S. Mortgage Files
LoanLogics’ analysis reveals persistent issues in loan file quality, showing no significant improvement despite a decade of investment and innovation in the industry.
Intense Heat in the New England Housing Market This Summer
Explore the resilience of the New England housing market, where favorable conditions for sellers persist despite broader national trends toward a buyer's market.
FHFA to Discontinue GSEs’ Equitable Housing Finance Plans
Federal Register publishes proposed rule repeal, starting public comment period. Key details and implications for private lenders analyzed for informed decisions.