by Phil Hall | Jun 11, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive
Miami-headquartered Core AI Holdings, Inc. (NASDAQ: CHAI) is now offering HomeGPT, an artificial intelligence (AI) powered home design and renovation application. According to the company, HomeGPT is designed for homeowners, interior designers, real estate agents and...
by Phil Hall | Jun 11, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive
Mortgage rates ticked up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.52% as of June 11, up from last week when it averaged 6.48%. A year ago at this time, it averaged 6.84%. The...
by Phil Hall | Jun 11, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive
Ginnie Mae announced that it issued $54.9 billion in total mortgage-backed securities (MBS) during May, resulting in net portfolio growth of $20 billion. Last month’s issuance included $52.9 billion in Ginnie Mae II MBS and $1.9 billion in Ginnie Mae I MBS, including...
by Phil Hall | Jun 11, 2026 | Current News & Events, Real Estate News, WRE News Exclusive
The Council of Multiple Listing Services (CMLS), an association of 231 multiple listing services serving over 1.8 million combined subscribers, announced the appointment of Jessica Edgerton as its next CEO, effective July 1. Edgerton is currently chief legal officer...
by Phil Hall | Jun 11, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive
A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...