Mortgage rates show a 30-year fixed average at 6.32% and conforming rates at 6.39%. Market reactions are heightened as investors monitor the Fed's upcoming decision amidst ongoing geopolitical tensions.
Southern Impression Homes has launched the first phase of a Texas Build-To-Rent community and plans three additional projects with Sumitomo's support.
Explore the evolving dynamics of the mortgage industry, examining the implications for private lenders in a speculative yet insightful manner.
Minnesota's latest attempt to boost starter-home construction is struggling in the legislature, with key zoning reforms facing significant obstacles.
Wells attributes his firm's success to strategic investments in broker training and education, fostering a culture of abundance within the lending community.
Explore how the 30-year fixed-rate mortgage has shaped affordable homeownership by lowering payments, expanding borrower access, and fitting underwriting standards.
Housing demand rebounded last week despite ongoing conflict in Iran, while mortgage rates remain elevated compared to pre-war levels, impacting market dynamics.
Federal Reserve Chair Jerome Powell's tenure concludes as the DOJ wraps up its investigation into alleged renovation cost overruns at the Fed headquarters.
New York City's Mayor Mamdani establishes the Office of Deed Theft Prevention, enhancing coordination to combat fraudulent property transfers across the city.
PulteGroup reports a Q1 decline in average selling price to $542K, rising incentives to 10.9%, and reduced gross margin at 24.4%, signaling market shifts.
