Fairway Home Mortgage has announced a new strategic partnership with OpenAI, the company behind ChatGPT. According to the companies, Fairway will tap into OpenAI’s technology “to leverage cutting-edge capabilities in natural language processing, intelligent...
Today’s housing market is worth a record $55.1 trillion, according to new data from Zillow (NASDAQ: Z, ZG). This marked an $862 billion surge in the past year and $20 trillion increase since 2020. Seven states saw their housing markets lose value over the past year,...
The average annual property insurance payment for single-family mortgage holders has reached nearly $2,370 per year, according to new data from ICE Mortgage Technology. This sum accounts for 9.6% of average monthly mortgage-related expenses when factoring in...
The Black homeownership rate during the second quarter dropped to 43.9%, according to data from Redfin. This is down from 45.3% one year ago, marking both its lowest level since the fourth quarter of 2021 and the largest year-over-year decline since the third quarter...
A trio of Democratic senators have introduced the Yes in God’s Back Yard (YIGBY) Act, new legislation designed to assist faith-based organizations and colleges to transform underused property into affordable housing. The YIGBY Act would provide federal assistance to...
A new Reuters report has determined the father and stepmother of Bill Pulte, the Federal Housing Finance Agency (FHFA), have improperly claimed primary residence on two different properties in two different states – a situation that resonates closely to the...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
