Federal Reserve Maintains Interest Rates Amid Political Pressure on Policy
The Fed maintains benchmark rates between 3.5% and 3.75% amid stable inflation at 2.7% and slowing job growth, highlighting key political considerations.
D.R. Horton’s Strategy Insights on Current New-Home Demand
Explore the complexities behind the current housing market challenges, including the impact of high rates, rising construction costs, and regulatory hurdles.
CoStar maintains its position on Homes.com despite investor pressure.
CoStar dismisses Third Point's push to sell Homes.com, highlighting a 337% increase in subscribers and new goals for profitability in the digital real estate sector.
Strategies for Enhancing Housing Affordability
As affordability challenges persist in the mortgage industry, lenders, policymakers, and consumers engage in critical discussions on effective solutions.
Mortgage Applications Decrease 8.5% Following Minor Rate Increase
Mortgage applications declined by 8.5% as 30-year rates reached 6.24%. Despite a 16% drop in refinance activity, it remains up 156% compared to last year.
Kevin Stewart becomes partner at The Resident Group following RealTrends verification.
Kevin Stewart partners with The Resident Group, enhancing collaboration with Jon and Lauren Grauman after securing $31.8 million in sales.
Onity Group secures $200M in debt and anticipates strong Q4 earnings.
Onity Group secures $200 million in debt, exceeding expectations, and forecasts Q4 net income between $107 million and $131 million, signaling strong growth.
Jason Mitchell Group Expands Referral Network with LitFinancial Addition
The Jason Mitchell Group's high referral volume showcases its influence in the mortgage market, driving significant closed sales for private lenders.
The Top State for Retirement Living Is…
Kentucky ranks last for retirees among the states, raising considerations for private lenders regarding market opportunities and demographic shifts.
Judge Rejects State Farm’s Request to Pause Discovery in Hail Damage Case
State Farm faces legal scrutiny over allegations of mishandling an insurance claim related to a 2021 hailstorm, raising concerns for private lenders.