ARM and Refinance Activity Diverge Amid Declining Mortgage Demand
Mortgage applications dipped 0.3% last week, yet refinancing jumped 4% as rates reached a monthly low, indicating shifting borrower strategies in the market.
Mortgage Rates Edge Downward, Approaching Recent Historical Lows Before CPI Report
Government shutdown delays crucial inflation data release, potentially impacting private lenders' market strategies and risk assessments. Stay informed.
Sales Launching Soon for Miami’s Colette Residences
Discover Miami's new Colette Residences, where luxury living starts at $3.3 million. Explore unique investment opportunities in this upscale development.
REcore Files Lawsuit Against CoStar and Homes.com for Contract Breach
REcore alleges CoStar has underpaid for its IDX feed, raising concerns over monetization practices related to MLS data. Implications for private lenders are significant.
CoStar Challenges Zillow Announcement on Sharing Matterport Tours
Zillow has removed Matterport listings over alleged TOS changes, while CoStar assures clients they can still share them across platforms.
New Western Purchases Big State Home Buyers to Enhance Investment Strategy
Combined efforts may create up to 8,200 new investment opportunities annually as companies integrate, highlighting potential growth in the private lending sector.
$36 Million Mixed-Use Development Begins Construction in South Carolina
Discover a new mixed-use development in South Carolina featuring over 650 multifamily units and 95 acres of commercial space, promising growth opportunities.
TransUnion opposes proposal for single-pull mortgage credit checks.
Credit bureau warns against replacing tri-merge reports with single pulls, citing potential exclusion of creditworthy borrowers and heightened systemic risk.
Cohn and Summers caution about the U.S. fiscal trajectory.
Top economists Gary Cohn and Lawrence Summers analyze U.S. fiscal challenges, cautioning on inflation risks and the sustainability of federal debt.
The $79 Trillion Shift: The Role of Lost Wages in the Housing Crisis
Affordability in housing extends beyond home prices, highlighting the impact of worker wages and the control of housing capital flow for private lenders.