Latest Updates Around The World
Revealing what two former presidents/CEOs of the Manufactured Housing Institute said undermines the stories There is a widespread story that has been circulating for years in what we affectionately call MHVille. According to that story, the Manufactured Housing Institute (MHI) represents “all segments” of the factory-built housing industry. To quote MHI, they are: “Leading advocates” […]
Mortgage purchase application details 2026 has had the best start in years for application data buying, with multi-year highs in this index last seen in early 2023, when rates hit 5.99% before rising to 8% later that year. This year, however, conditions for mortgage rates are significantly different: the Fed has already cut rates substantially […]
“I am honored to return to Rocket Pro and champion the agents who make homeownership possible in the communities they serve,” Niemiec said in a statement. “Together with Katie [Sweeney]Cory [Scholl], [Mike] Fawaz and the broader team, we will deepen partnerships and achieve faster, more impactful results for loan officers and homebuyers alike. Sogorka joined […]
In its lawsuit, filed in August, Zea alleges that the defendants engaged in a “concerted scheme” to limit consumer choice and maintain high prices, which damaged its brokerage model. According to Zea, buyer agents associated with the defendants are diverting clients from properties that offer lower or non-existent buyer agent commissions. In his complaint, he […]
The president told reporters about the announcement at the premiere of “Melania,” the film about first lady Melania Trump. Friday’s announcement ends a months-long selection process that has fueled debate over the future direction of the country’s central bank. The candidates for the Fed chairmanship Trump has considered four final candidates to lead the Federal […]
With many potential buyers on the sidelines due to current affordability challenges, Zillow said it is aware that many are using the site to scroll through listings, track home values and save design ideas for when they decide to enter the market. The company believes ‘Someday Starts Today’ will engage people in that ‘in-between moment’. […]
Reports before Davos suggested that President Trump would announce an initiative to boost homeownership by allowing individuals to withdraw money from their 401(k) accounts to make a down payment on a home purchase without a 10% early withdrawal penalty. Davos has come and gone, and we now hear reports that the president is “not a […]
“Rajeev’s appointment as Bright’s first Chief Artificial Intelligence Officer is a clear signal of where we are going as a company and as an industry,” Brian Donnellan, president and CEO of Bright MLS, said in a statement. “AI can’t just be a feature on the MLS side; it must be built into the core of […]
As we start the new year, affordability remains one of the biggest challenges facing the mortgage industry and the wider housing market. It continues to shape conversations among lenders, policymakers and consumers. Affordability is not a rate problem Ask most people what’s wrong with housing affordability, and the answer comes quickly: rates are too high. […]
“This marked one of the greatest failures of elected political leadership in American history, from enabling the wildfires to the failure to control them, and it continues today with the stunning inability to rebuild.” order reads. The order states that state and local governments failed to prevent, respond to, and recover from the Eaton and […]
