Buyers Paying More in Mortgage Interest Than Their Home Costs

by Phil Hall | Jun 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...

Kiavi is Acquired in $717 Million Transaction

by Phil Hall | Jun 10, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Kiavi, a San Francisco-headquartered private lender to residential real estate investors, has been acquired by Figure Technology Solutions Inc. (NASDAQ: FIGR), a blockchain-native capital marketplace for tokenized assets, in a $717 million transaction. Kiavi’s...

Mortgage Application Activity Up by Nearly 11%

by Phil Hall | Jun 10, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage application activity took a robust upswing for the week ending June 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.8% on a seasonally adjusted...

Ohio Duo Pleads Guilty to Deed Theft on Home Owned by Dementia Patient

by Phil Hall | Jun 10, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Two people in Ohio who were charged with deed theft on a house owned by a man with dementia accepted a plea deal ahead of their trial. The Journal News reports Terry Anderson and Angela Croley each pleaded guilty on June 5 in Montgomery County Common Pleas Court to...

Trump Announces FHFA’s Pulte to Take on National Intelligence Role on June 19

by Phil Hall | Jun 10, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has ignored criticism of his appointment of Bill Pulte as acting director of national intelligence and stated he will assume the new job earlier than previously announced. In a Truth Social post, Trump said Pulte will assume the intelligence chief...