Top Headlines
More White-Collar Jobs in Construction Industry Than Trades Work
“The changing workforce composition also coincides with declining self-employment rates in construction, suggesting a shift toward larger firms,” said NAHB’s Natalia Siniavskaia. Continue Reading More White-Collar Jobs in Construction Industry Than Trades Work
Two Texas Realtor Groups Announce Merger Plans
The merger will require the approval of the National Association of Realtors to become official. Continue Reading Two Texas Realtor Groups Announce Merger Plans
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
FinCEN Delays Implementing Residential Real Estate Transfers Rule
The RRE Rule was announced in August 2024 and slated to go into effect on Dec. 1. Continue Reading FinCEN Delays Implementing Residential Real Estate Transfers Rule
FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
The FTC warned the agreement could create higher prices and worse terms for multifamily unit advertising. Continue Reading FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
Mortgage Application Activity Surges by 11%
The FHA share of total applications decreased to 15.8% from 16.1% the week prior. Continue Reading Mortgage Application Activity Surges by 11%
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
After leaving the Trump administration, Montgomery became founding partner and chairman of Gate House Strategies. Continue Reading Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
New FICO Mortgage Simulator Previews Potential Impact of Different Credit Actions
The new tool simulates how different credit actions could impact several of the FICO Score versions used in mortgage lending. Continue Reading New FICO Mortgage Simulator Previews Potential Impact of Different Credit Actions
Lawsuit Accuses Veterans United Home Loans of False Representation and Steering
“We deny the accusations and look forward to disputing this through the legal process,” said a spokesperson for the company. Continue Reading Lawsuit Accuses Veterans United Home Loans of False Representation and Steering
30-Year Fixed-Rate Mortgage Sinks to 6.01%
A year ago at this time, it averaged 6.85%. Continue Reading 30-Year Fixed-Rate Mortgage Sinks to 6.01%
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