Live News
HousingWire
- Real estate agents have mixed feelings about Fed rate cut September 19, 2024What was the reaction from real estate agents when the Federal Reserve surprised everyone by cutting rates by 50 basis points rather than the 25 that seemed all but certain? Meh.Jeff Andrews
- Reverse mortgage lenders are ready for lower interest rates September 19, 2024A group of reverse mortgage leaders reacted to the news of the Fed's rate cut this week and how their companies are preparing for it.Chris Clow
- Could AI play a role in aging in place? More companies think so September 19, 2024A home-based care company says that aging in place could benefit from AI, and more companies are taking notice.Chris Clow
- Leading Australian reverse mortgage lender undergoes rebrand September 19, 2024The lender maintains a 42% market share in Australia, easily the largest player in the country's reverse mortgage space.Chris Clow
- OceanFirst Bank will pay $15M to resolve redlining allegations September 19, 2024The New Jersey-based bank will create a loan subsidy fund and establish more of a presence in minority neighborhoods, among other steps.Chris Clow
- Why did mortgage rates go up after the Fed rate cut? September 19, 2024The Federal Reserve cut rates on Wednesday and mortgage rates went up! What happened? The answer lies in the bond market.Logan Mohtashami
- Loan quality takes a hit even as mortgage origination volume slows September 19, 2024The critical defect rate for mortgages increased modestly in Q1 2024 and a quality-control company says that lender vigilance is key.Chris Clow
- Bummer! Existing-home sales flop, but relief could be on the way September 19, 2024The Federal Reserve’s interest rate cut on Wednesday, which was larger than some people expected, couldn’t have come at a better time for the housing market.Jeff Andrews
- Alabama Realtors ask NAR to decouple association memberships September 19, 2024Members of the Alabama Association of Realtors have expressed the desire for greater flexibility in choosing their level of affiliation.Brooklee Han
- Jamie Duran joins eXp’s leadership team in Southern California September 19, 2024Duran will serve as the director of global growth for the eXp-brokered EQTY | Forbes Global Properties luxury real estate team.Brooklee Han