Buyers will have more options in 2024, but affordability woes will persist: Bright MLS
Bright MLS released its National Housing Market Outlook on Wednesday, which shows that affordability will remain the biggest challenge for homebuyers next year.
Homebuyer...
Better delivers $340M loss in Q3, plans to keep trimming expenses
Better Home & Finance Holding, the parent of digital lender Better.com, delivered a massive loss in the third quarter of 2023, its first earnings...
The 2023 housing market bent, but didn’t break
As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike...
How proptechs are adapting in a changing market
My, how things have changed. Just a couple years ago there was incredible momentum building around alternative ways to purchase, sell and extract...
3 ways to help borrowers navigate choices as ‘exotic’ loans make a comeback
Rates for a 30-year, fixed-rate mortgage are the highest in over 20 years and may stay elevated for some time. As borrowers reel...
NAR names new chief marketing and communications officer
The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would...
Commission lawsuits spread to Manhattan
It appears that no real estate brokerage firm in the U.S. is safe from a commission lawsuit. On Wednesday, Manhattan home seller Monty...
Reverse mortgage volume and HMBS issuance improve in April
The refi market continues to be anemic as higher rates are persisting, with refi volume dropping 3.4% compared to the prior month. Seven...
Mortgage rates are (finally) back at 7%
Mortgage rates continued their downward trajectory this week as the 10-year Treasury yield dropped below 4.2% for the first time since September, according...
The blessing of constraints and other lessons learned from 2023
Is 2023 a year to forget? That’s what we’re supposed to say after a tough year, right? In the case of the mortgage...
