30-year mortgage rates see largest one-week drop in a year, reviving mortgage demand
As 10-year Treasury yields tumbled, the average 30-year fixed mortgage fell 26 basis points in the week ending Nov. 9, the largest one-week...
Relitix’s Agent Movement Index shows continued real estate agent recruiting slowdown
Real estate agents are continuing to stay put, moving much less between brokerages than the post-pandemic peak seen in the summer of 2021,...
Home prices in opportunity zones show mixed trends in Q1 2024
Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to...
MLS executives imagine a world with no MLS
As the trial for Sitzer/Burnett, the first of the two bombshell class action buyer broker compensation anti-trust lawsuits, kicks off this week, the...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
Tapping into home equity, particularly for people in or near retirement, can be challenging — especially for those who may have a pressing...
US annual rent growth slows for the 17th straight month in September: CoreLogic
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three...
Opinion: 5 policy changes that can improve housing affordability
The median price of a home in America is rapidly becoming out of reach for most first-time homebuyers. This is especially true for...
HECM study examines borrower trends over two decades
A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed...
UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase...
“As a result, a broker will no longer need to work with a title company or settlement agent for title work, balancing fees,...
Kara Lamphere joins Click n’ Close as new chief operating officer
Click n’ Close, a mortgage lender mostly active in the wholesale and correspondent channels, appointed Kara Lamphere to the role of chief operating...
