Higher rates are impacting future housing production
In the chart below, red shows single-family permits and blue shows five-unit permits. There is a big gap between single-family and five-unit permits,...
16 real estate prospecting strategies to supercharge your business
Prospecting is the lifeblood of your business. Without a strong real estate prospecting strategy in place, you’re missing out on future business. You...
Closing in on Halloween, the housing market is still savagely unhealthy
The savagely unhealthy housing market continues to unfold as we approach Halloween. Sales are still falling, home prices keep rising, and inventory is...
Fitch: Title revenue to rise 3% annually in 2024
Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024,...
The month in reverse mortgage rates: May 2024
In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note rates” and why most reverse mortgages depend...
Mortgage rates fall as labor market normalizes
Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the...
2023: A year of retrenchment for the secondary mortgage market
As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep...
Ginnie Mae revises definition of high-balance loans in new guidance
Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this...
2023 was the worst year for homebuyers on record
High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record....
Former HUD Secretary Marcia Fudge becomes a partner at law firm Taft
About two months after resigning as the 18th secretary of the U.S. Department of Housing and Urban Development (HUD), Marcia Fudge has joined...
