Rising mortgage rates over 7% are affecting the housing market outlook.
Despite recent Fed rate cuts totaling 100 bps, mortgage rates, including the 30-year fixed, have increased by 78 bps, diverging from expected trends.
HUD Allocates $12 Billion for Long-Term Disaster Assistance in 24 States
New funding initiatives are set to aid communities affected by natural disasters like hurricanes and wildfires, fostering recovery and resilience in impacted areas.
Consumer sentiment regarding mortgage rates has improved compared to last year.
Consumer optimism regarding mortgage rates has increased compared to last year, as highlighted by Fannie Mae's latest Home Purchase Sentiment Index.
Mungo Homes names Geoff Shiley as its new CEO.
Shiley, a seasoned leader at Mungo Homes for nearly two decades, recently served as president and chief operations officer, driving industry innovation and growth.
Plaintiff in Batton case appeals approval of NAR settlement
James Mullis has filed an appeal against the final approval of the NAR and HomeServices of America's settlement, raising significant legal concerns.
Understanding Personnel Changes in the Mortgage Industry
In a shifting mortgage landscape, skilled loan originators excel by focusing on purchase mortgages and innovative strategies to maintain a consistent loan pipeline.
North Carolina Governor Accelerates Temporary Housing Acquisition for Hurricane Victims
North Carolina is fast-tracking temporary housing for hurricane victims, though eligibility details remain unclear. Learn more about this initiative's impact.
John DiMichele Discusses the Current Landscape of Multiple Listing Services
Explore insights from John DiMichele, chair of CMLS, as he discusses the evolving role of MLSs in today’s dynamic real estate landscape.
Trump’s HUD Nominee Has Advocated Against Assistance Programs for the Poor
A ProPublica report analyzes past statements and actions by Turner, who critiques the findings as a “negative picture,” raising questions on transparency.
Redfin Reports Increase in Active Listings Driven by Unsold Properties
More than half of home listings lingered for over 60 days without contracts, highlighting shifts in market demand and potential opportunities for private lenders.