Home sales are tepid, but mortgage fraud is becoming more common
New data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet.
The...
Mayor who recommended reverse mortgages calls comments ‘regrettable’
As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse...
Gen X makes progress with retirement savings: Fidelity
Retirement savers experienced their third consecutive quarter of growth in Q2 2024, with Gen X savers showing strong gains in individual retirement arrangements (IRAs), a sign...
Show up, don’t show off: Laura O’Connor is redefining success in real estate
In this executive conversation, Laura O’Connor, COO at JPAR, and Affiliated Network President, shares her insights on the role of the modern real estate professional. With...
Embrace the future: 5 strategic shifts for agents in a transforming real estate market
The real estate industry is undergoing a seismic transformation, with recent regulatory changes pushing the National Association of Realtors to a critical juncture. As these shifts...
With a potential new rate environment coming, how will reverse mortgage lenders pivot?
Federal Reserve Chair Jerome Powell indicated last week that a cut in the federal funds rate at the September meeting of the Federal Open Market Committee...
Housing inventory falls as mortgage rates drop
Have we seen the peak in housing inventory for 2024? The best part about 2024 has been that higher mortgage rates have created an inventory buffer,...
Macroeconomics, not business practice changes, will determine brokerages’ financial performance
For real estate professionals, the business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement —which are set to go into effect on...
Home inventory gains push demand for distressed properties lower: Auction.com
Auction.com, the nation’s largest online platform for distressed real estate sales, recently reported that demand for homes sold at auction began to decline late in the...
Mortgage rates plummet and everything has suddenly changed — for now
“For example, I locked one loan today that would have cost the borrower 1.213 points on Monday versus 0.375 today. This loan amount happens to be...