Top Headlines
New Insurance Affordability Index Provides State-by-State View of Costs and Market Conditions
Homeowners’ insurance represents 2.4% of median household income, up 24% since 2020. Continue Reading New Insurance Affordability Index Provides State-by-State View of Costs and Market Conditions
Real Estate’s Next Battle Isn’t Over Listings. It’s Over the Customer
Rocket’s new Redfin CEO comes from the worlds of technology, product and data. John G. Stevens examines what the appointment reveals about a larger competition to serve consumers across the entire homeownership journey. Continue Reading Real Estate’s Next Battle Isn’t Over Listings. It’s Over the Customer
Warsh Says Housing Is Strained, but Inflation Still Comes First at the Fed
Fed Chairman Kevin Warsh acknowledged housing-market strain at Jackson Hole but made clear that persistent inflation — not housing weakness — is driving the Fed’s policy focus. Continue Reading Warsh Says Housing Is Strained, but Inflation Still Comes First at the Fed
Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550
Carrington Mortgage Services expanded its Flexible Advantage non-QM program, including new options for certain eligible borrowers with FICO scores as low as 550. Continue Reading Carrington Expands Non-QM Lending to Borrowers With FICO Scores as Low as 550
eLEND Partners With Ready4Remodel to Bring AI Into Renovation Lending
eLEND is partnering with Ready4Remodel to give brokers and borrowers AI-powered renovation visualizations, cost estimates and financing insights. Continue Reading eLEND Partners With Ready4Remodel to Bring AI Into Renovation Lending
RateZip Launches Deposit/Mortgage Rates Data App in ChatGPT
The company offers a live rate service that lets ChatGPT answer questions about current mortgage and home equity line of credit rates, Continue Reading RateZip Launches Deposit/Mortgage Rates Data App in ChatGPT
Real Estate’s Next Battle Isn’t Over Listings. It’s Over the Customer
Rocket’s new Redfin CEO comes from the worlds of technology, product and data. John G. Stevens examines what the appointment reveals about a larger competition to serve consumers across the entire homeownership journey. Continue Reading Real Estate’s Next Battle Isn’t Over Listings. It’s Over the Customer
Jamie Cavanaugh Named CEO of the Broker Action Coalition
Cavanaugh currently serves as CEO of reAlpha Mortgage and will continue in that role while leading the BAC. Continue Reading Jamie Cavanaugh Named CEO of the Broker Action Coalition
The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
The mortgage market remains healthy overall, but FHA serious delinquencies have climbed sharply. John G. Stevens argues that the industry should understand why borrowers are struggling before today’s warning signs become tomorrow’s foreclosure statistics. Continue Reading The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
HomeServices of America’s move into mortgage servicing through Prosperity Home Mortgage points to a larger shift in housing: the battle to maintain the homeowner relationship long after the closing table. Continue Reading Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Non-QM lending is giving more borrowers a path to financing. That can be good for housing, but qualifying for a mortgage and being able to afford the home are two different things. Continue Reading More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Real REMAX Stops Selling New Motto Mortgage Franchises After Merger
Real REMAX is ending sales of new Motto Mortgage franchises just days after completing its combination, signaling an early change in the new company’s mortgage strategy. Continue Reading Real REMAX Stops Selling New Motto Mortgage Franchises After Merger
Warsh Says Housing Is Strained, but Inflation Still Comes First at the Fed
Fed Chairman Kevin Warsh acknowledged housing-market strain at Jackson Hole but made clear that persistent inflation — not housing weakness — is driving the Fed’s policy focus. Continue Reading Warsh Says Housing Is Strained, but Inflation Still Comes First at the Fed
AI Is Getting a Bigger Role in Home Valuations. Borrowers Need a Better Way to Challenge It
AI and automated valuation tools are taking a larger role in mortgage lending. The technology can improve speed and efficiency, but borrowers need a practical way to address a valuation when the underlying property information or result is wrong. Continue Reading AI Is Getting a Bigger Role in Home Valuations. Borrowers Need a Better Way to Challenge It
Mortgage Rates Record the Barest of Upticks
The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. Continue Reading Mortgage Rates Record the Barest of Upticks
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