Top Headlines
Jerome Powell Takes Aim at Trump: ‘Fed Has Been Undergoing a Stress Test’
“If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well,” Powell said. Continue Reading Jerome Powell Takes Aim at Trump: ‘Fed Has Been Undergoing a Stress Test’
Dream Finders Homes Offers to Acquire Beazer Homes for $704 Million
Millrose Properties announced its intent to provide land banking capital to support the proposed acquisition of Beazer Homes. Continue Reading Dream Finders Homes Offers to Acquire Beazer Homes for $704 Million
California’s Partner Real Estate Joins LPT Realty
“We believe LPT gives Rudy Kusuma and the Partner Real Estate team the competitive edge in flexibility, tools, and infrastructure to accelerate their wins,” said Michael Valdes, CEO of LPT International. Continue Reading California’s Partner Real Estate Joins LPT Realty
Trump Expects Rate Cuts with Warsh as Fed Chief, But Warsh Stresses Fed Independence
“The president never once asked me to commit to any particular interest rate decision, and nor would I agree to it if he had,” Warsh said. Continue Reading Trump Expects Rate Cuts with Warsh as Fed Chief, But Warsh Stresses Fed Independence
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
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.48% as of June 4, down from last week when it averaged 6.53%. Continue Reading Mortgage Rates Down Slightly
Better and Coinbase Announce First Fannie Mae-Backed Mortgage Involving Bitcoin
The companies gave no details on the depth and scope of the mortgage. Continue Reading Better and Coinbase Announce First Fannie Mae-Backed Mortgage Involving Bitcoin
Mortgage Application Activity Declines by 2.5%
The FHA share of total applications dipped to 17.0% from 17.2% the week prior. Continue Reading Mortgage Application Activity Declines by 2.5%
REIT Executive Indicted for Misrepresenting Income on Mortgage Application
If convicted, Brandon “Dutch” Mendenhall faces a maximum penalty of 20 years in federal prison. Continue Reading REIT Executive Indicted for Misrepresenting Income on Mortgage Application
New ICE Fraud Monitor Aims to Reduce Risk in Underwriting
The new tool is integrated directly with Encompass, ICE’s loan origination system (LOS), to centralize fraud risk scoring and property risk data in a user-friendly dashboard. Continue Reading New ICE Fraud Monitor Aims to Reduce Risk in Underwriting
Mortgage Rates Tick Up Again
The 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from last week when it averaged 6.51%, which marked a nine-month high. Continue Reading Mortgage Rates Tick Up Again
Q1 Purchase Loan Origination at 12-Year Low
Refinancing activity fell 7% quarter-over-quarter to 715,818 loans, although volumes were also 24% above the first quarter of 2025. Continue Reading Q1 Purchase Loan Origination at 12-Year Low
Report: 29% of Homebuyers Made All-Cash Purchases
All-cash purchasing was less prevalent in the pricey West Coast markets. Continue Reading Report: 29% of Homebuyers Made All-Cash Purchases
Mortgage Application Activity Declines Amid Slowdown in Refinancing
The FHA share of total applications decreased to 17.2% from 17.9% the week prior. Continue Reading Mortgage Application Activity Declines Amid Slowdown in Refinancing
Mortgage Delinquency Rate Held Steady in April
Mortgage prepayments, measured as the single month mortality rate, fell 13% as rates moved higher. Continue Reading Mortgage Delinquency Rate Held Steady in April
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