Bipartisan Efforts to Enhance Financing Options for ADUs
The SUPPLY Act enables homeowners to obtain federally backed, second-lien mortgages for financing accessory dwelling unit construction, enhancing housing options.
Mortgage Rates Rise as Federal Officials Consider Rate Cuts
The upcoming Federal Reserve meeting may influence private lenders, as discussions on potential rate cuts could impact borrowing costs and market dynamics.
Rithm Partners with Investor to Acquire Up to $1.5 Billion in Loans
Rithm Capital, parent of Newrez, has announced a new agreement with an undisclosed institutional investor, expanding its investment strategy in the mortgage market.
Developer to Allow Cryptocurrency Transactions in Florida Community
Explore how Pearl Homes is shaping the future of real estate by embracing sustainability and innovation, including cryptocurrency transactions in Florida.
Housing Inventory Reaches 5-Year Peak While New Listings Hit 2-Year Low
New home listings decline significantly, contrasting with historically high housing inventory levels, presenting unique opportunities for private lenders to navigate market shifts.
Report Finds Close to 15% of Home Sale Agreements Canceled in June
Jacksonville topped the national chart with over 21% of home purchase agreements canceled, indicating potential shifts in market dynamics.
Californians face challenges in accessing mortgage relief following wildfires
July 7 marked the end of the FHA moratorium on foreclosures and evictions, raising concerns for private lenders amid rising foreclosure and balloon payment challenges.
Ohio House Overrides Governor DeWine’s Vetoes on Property Tax Legislation
Ohio's Senate is yet to schedule a date for addressing the governor’s veto overrides on key property tax reforms, impacting private lenders and property investments.
RE/MAX Reports Continued Rise in Home Sales for Fifth Consecutive Month
Learn how June's median sales price edged up to $440,000, reflecting ongoing growth in home sales and its implications for private lenders. Read more.
Legislation Aims to Tackle Systemic Bias in Home Appraisals
Six Democratic senators have joined forces to support new legislation aimed at tackling systemic bias in home appraisals, impacting the mortgage landscape.