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PLACE Acquires Maxwell, Expanding Deeper Into Mortgage Technology

PLACE Acquires Maxwell, Expanding Deeper Into Mortgage Technology

by John G. Stevens | Sep 24, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, Tech Trends

PLACE is pushing further into the mortgage side of the housing transaction with the acquisition of Maxwell, adding a lender-focused technology platform to a business that has been steadily expanding beyond real estate teams. The Bellingham, Washington-based company...
Typical Down Payment Falls 9.2% From a Year Ago to $27,100

Typical Down Payment Falls 9.2% From a Year Ago to $27,100

by John G. Stevens | Sep 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Homebuyers put more money down this spring than they did during the winter, but considerably less than buyers were putting down a year earlier. The typical down payment on a primary residence reached $27,100, or 13.7% of the purchase price, in the second quarter,...
Mortgage Payments Fall for Third Straight Month as August Affordability Improves

Mortgage Payments Fall for Third Straight Month as August Affordability Improves

by John G. Stevens | Sep 24, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

The typical mortgage payment sought by homebuyers declined again in August, offering a modest measure of relief even as borrowing costs remained a major obstacle to affordability. The median monthly payment for purchase-mortgage applicants fell to $2,162 from $2,175...
New-Home Sales Jump 6.4% in August as Median Price Falls 5.8% From a Year Ago

New-Home Sales Jump 6.4% in August as Median Price Falls 5.8% From a Year Ago

by John G. Stevens | Sep 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Sales of newly built single-family homes accelerated in August, but the government’s latest estimates carry an equally important message on price: builders are moving homes in a market where buyers remain intensely payment-sensitive. New-home sales ran at a...
Better Opens Investigation Into Allegations Against Vishal Garg as Board Fight Escalates

Better Opens Investigation Into Allegations Against Vishal Garg as Board Fight Escalates

by John G. Stevens | Sep 23, 2026 | Mortgage Information

Better Home & Finance Holding Company has opened an investigation into allegations that founder, director and former CEO Vishal Garg sought to offer company interests or property to former employees who are shareholders in exchange for support in his campaign to...
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