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Trump to Tour Fed HQ
Trump acknowledged it was “highly unlikely” for him to force Powell out “unless he has to leave for fraud.” Continue Reading Trump to Tour Fed HQ
FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Pulte also used his personal X account to announce Westcor was being added “to Fannie Mae’s title acceptance pilot on certain refinances.” Continue Reading FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
NAR Announces Resolution with Phoenix Realtors Over MLS Access
NAR threatened to revoke the Arizona group’s charter. Continue Reading NAR Announces Resolution with Phoenix Realtors Over MLS Access
Report: Trump Team Having Difficulty Securing a New CFPB Director
Kathy Kraninger, who held the position in the first Trump administration from 2018 to 2021, is not interested in returning to Washington. Continue Reading Report: Trump Team Having Difficulty Securing a New CFPB Director
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
“We believe that Beacon would be a strong fit for QXO,” said Brad Jacobs, QXO’s chairman and CEO. Continue Reading QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
Foreclosure Activity Up 13% Year-Over-Year
Lenders started the foreclosure process on 24,302 properties last month, up 12% from June and up 11% from July 2024. Continue Reading Foreclosure Activity Up 13% Year-Over-Year
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
