Declining demand prompts home sellers to lower their asking prices.
As home inventory rises and buyer interest wanes, many sellers are compelled to lower their asking prices to maintain competitiveness in the market.
Trump appoints Treasury Secretary Scott Bessent as acting CFPB director.
CFPB appoints Scott Bessent as acting director, impacting regulatory oversight in the mortgage industry. Key updates for private lenders to monitor closely.
First-time buyers increasingly use mortgage rate buydowns for affordability.
Recent findings reveal that 27% of first-time homebuyers sought mortgage rate buydowns, highlighting evolving buyer preferences in the current market.
Utah Governor’s Housing Aide Warns Immigration Crackdown May Raise Home Prices
Utah's crackdown on illegal immigrant labor may lead to increased home prices, impacting the construction sector and private lending dynamics.
Assessing Distressed Debt Approaches for Private Lenders
Explore effective distressed debt strategies for private lenders, including insights on non-performing and reperforming loans to navigate rising default trends.
Financial Impact of the Los Angeles Wildfires: A New Assessment
Explore Homes.com's analysis of the Pacific Palisades and Altadena neighborhoods, detailing home destruction and financial impacts from recent wildfires.
Defendants Challenge Claims in Gibson Commission Lawsuit
Real estate brokerages are navigating the complexities of commission lawsuits, with some settling while others choose to contest, impacting the lending landscape.
Pending Home Sales Decline Significantly in December
Pending home sales experienced a significant decline, breaking a four-month trend of gains. Explore the implications for private lenders in the current market.
Bank of England Governor Advises Caution on UK Mortgage Lending Rules
Bank of England Governor Andrew Bailey emphasizes the importance of maintaining current mortgage lending guidelines to prevent potential market failures.
Federal Reserve Maintains Steady Interest Rates
The Federal Reserve has paused interest rate cuts, maintaining rates at 4.25% to 4.5%, responding to robust employment and inflation signals in the economy.