United Wholesale Mortgage is widening the financing options available to mortgage brokers working with condominium projects that do not meet standard agency requirements, while adding a new address-based tool designed to show potential product eligibility. UWM...
Lennar is lowering its 2026 home-delivery target again as higher mortgage rates, strained affordability and weaker consumer confidence put fresh pressure on one of the nation’s largest homebuilders. The Miami-based builder reported third-quarter net earnings of $284...
The Federal Reserve raised interest rates Wednesday for the first time since 2023, tightening monetary policy at a moment when mortgage rates are already back near 7% and the housing market is struggling with another affordability setback. The Federal Open Market...
A federal judge has denied Zillow’s bid for a preliminary injunction in its antitrust fight with Midwest Real Estate Data, a ruling that ends the temporary court protection that had kept Zillow connected to the Chicago-area multiple listing service while the dispute...
U.S. homebuilder confidence fell to a 12-month low in September as higher mortgage rates and persistent affordability pressure pushed more builders to cut prices and lean on incentives to move new homes. The NAHB/Wells Fargo Housing Market Index dropped three points...