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...
HighTechLending to rebrand wholesale channel as American Senior Lending
HighTechLending, a California-based top-10 reverse mortgage lender, announced on Friday that it is rebranding its wholesale lending division to American Senior Lending Wholesale Division in an...
Rocket executives build servicing, AI tools amid still challenging market
Despite some recent relief from mortgage rates, top executives at the parent of Rocket Mortgage continue to expect a challenging landscape for the industry in the...
Zillow releases state-specific, short-term touring agreements
With just over two weeks to go until the National Association of Realtors’ (NAR) commission lawsuit settlement agreement will require agents to have a signed buyer representation agreement...
Raleigh, Nashville top list of millennial homebuyer hot spots: SmartAsset
Millennials are once again the largest group of homebuyers in the country. In some metro areas, they are buying homes at rates up to 13 times...
Propy, Parcl announce partnership to bring analytics to NFT real estate
What happens when you combine a decentralized application (dApp) tokenization platform with a decentralized finance (DeFi) protocol built on real-time data?
Other than an intriguing word salad,...
FHA proposes updates to reverse mortgage debenture interest rates
The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage (HECM) program, which would update the way debenture...