Top Headlines
RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage
“This ordinance will do nothing to make housing more affordable in the city,” said the company. Continue Reading RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage
MBA Taps David Menke as Director of Member Relations
Menke comes to the MBA from CapStar Bank, where he served as vice president of secondary marketing. Continue Reading MBA Taps David Menke as Director of Member Relations
North Carolina Regional MLS Expands into Georgia
North Carolina Regional MLS (NCRMLS) has expanded into Georgia with the strategic additions of Savannah MLS, Athens Area Association of Realtors & Classic MLS, and the Realtors of Greater Augusta. NCRMLS is a wholesale cooperative multiple listing service used by...
Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term
Powell’s term concludes in 2026 and his seat on the Fed’s board of governors is secured through 2028. Continue Reading Trump is Open to Jamie Dimon as Treasury Secretary, Powell Serving Out Fed Term
FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
FHLBank Chicago has already committed more than $110 million in community investment support in 2024. Continue Reading FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
Equifax Adds More Monthly Payments to Consumer Credit Files
Equifax is now offering additional insight into consumer credit by including certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry. The company says this will help create greater home ownership opportunities for more...
Credit Union Documentary Racks up Festival Wins
A documentary film produced by the digital media division of PenFed Credit Union, the nation's second-largest federal credit union, has been winning awards on the film festival circuit. The documentary short film "The Shot" has won numerous awards and screened for...
S&P Corelogic Case-Shiller Index Declined Again in December
Home price gains continued to drop across the United States according to the latest results for the S&P CoreLogic Case-Shiller Indices. Before seasonal adjustment, the U.S. National Index posted a -0.8% month-over-month decrease in December, while the 10-City and...
What is an independent broker? Pros and cons
Source: Inman --- For real estate agents who are looking for a chance to take their professional life to the next level, pursuing the role of real estate broker is a natural step. While part of the pursuit of this goal involves additional education and training, it...
Pending Home Sales Improved for Second Consecutive Month, Up 8.1% from December 2022
Pending home sales improved in January for the second consecutive month, according to the National Association of Realtors. All four U.S. regions posted monthly gains but saw year-over-year drops in transactions. The Pending Home Sales Index (PHSI) — a...
Homes owned by Black households appreciated the fastest during the pandemic
Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income...
Are iBuyers good or bad for the real estate ecosystem
iBuyers, short for "instant buyers," are companies that use technology and data analysis to make fast cash offers on homes, usually at a discount. The concept of iBuyers first emerged in the early 2010s as a response to the traditional home selling process, which can...
Here’s What Happens When You Can’t Make Your Mortgage Payment
Source: The Ascent --- It's been a very difficult time to be an ordinary American homeowner as of late. If you bought a home in the last few years, you might be grappling with higher housing payments due to elevated home values. They climbed in the last three years...
Should I Refinance My Mortgage?
Source: Buy Side from WSJ--- For most people, the prime reason to refinance a mortgage is to lower their interest rate and monthly payments. So, when mortgage rates dipped to record low levels early in the coronavirus pandemic, refinancing activity soared. Right now,...
This is why you need a mortgage pre-approval before shopping for a home
Source: CNBC --- If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your budget....
