Real Estate Industry News & Insights
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Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
As of this writing, the Trump administration has not named a new CFPB director. Continue Reading Rohit Chopra, Biden’s CFPB Director, Still on the Job While Highlighting New Enforcements
State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
“We are putting tens of millions of dollars back into customers’ hands,” the company said. Continue Reading State Farm, in a Reversal, to Renew Los Angeles County Homeowner Policies
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Fathom Holdings Acquires Arizona Brokerage
My Home Group brings over 2,200 agents and completes approximately 12,000 transactions annually. Continue Reading Fathom Holdings Acquires Arizona Brokerage
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
Forbes magazine estimated Marcus’ net worth at $11 billion. Continue Reading Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment
4Wyoming’s outreach has included the creation of a website, billboard and online advertising. Continue Reading Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment
VA to End Mortgage Rescue Program for Veterans
Mortgage Bankers Association President and CEO Bob Broeksmit criticized the decision. Continue Reading VA to End Mortgage Rescue Program for Veterans
Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.64% as of April 3. Continue Reading Mortgage Rates Continue to Decline
Slowing in Refinance Drives Down Mortgage Application Activity
The median sales price of new houses sold in February was $414,500. Continue Reading Slowing in Refinance Drives Down Mortgage Application Activity
Bank of America Reports 80% Surge in Q1 Mortgage Applications
“We’re seeing a steady increase in home buying activity, and it’s beyond what we would normally see from a seasonality perspective,” said Matt Vernon, head of consumer lending. Continue Reading Bank of America Reports 80% Surge in Q1 Mortgage Applications
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
Mixed Results in Latest Mortgage Rate Data
The 30-year fixed-rate mortgage averaged 6.65% as of March 13 Continue Reading Mixed Results in Latest Mortgage Rate Data
CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
The CFPB is seeking to return the $105,000 settlement funds to the company. Continue Reading CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
