The latest mortgage interest rate drop didn’t change refinancing incentives in the conventional securitized market, but a subsequent decline could, a new FHN Financial report shows. Primary mortgage rates’ dropped roughly 20 basis points in the past month to around 6.6%. The largest range of loans bucketed together in the securitized market and exposed to […]
Why the next rate drop could unlock a $300B refi wave Read More »
Bloomberg News President Donald Trump fired Federal Reserve Gov. Lisa Cook from her post in a Monday night social media post, the first time a Federal Reserve Governor has ever been removed by a president. In a move that is all but certain to ignite an unprecedented legal fight over the Fed’s independence, Trump posted
Trump fires Fed Gov. Lisa Cook ‘effective immediately’ Read More »
Vitalii Vodolazskyi – stock.adob Banks are coming out in support of the Trump administration’s move to repeal Community Reinvestment Act regulations finalized in 2023, despite known flaws with the decades-old status quo. They argue that a flawed but manageable rule is preferable to a flawed and unmanageable one. In a recent comment letter submitted to
Even opponents of Biden CRA want to preserve part of the rule Read More »
When Rishard Rameez, co-founder and CEO of Canadian-based real estate brokerage Zown, bought and sold a home within the same year, the inefficiencies of the process left him frustrated. “I couldn’t wrap my head around the fact that I had to pay [almost] all of my down payment towards covering the real estate agent’s fees,
Beyond Redfin: Zown bets on AI, salaried agents and buyer rebates Read More »
On-time rent payments improved in August 2025, offering a rare positive note in a year marked by declining performance, according to new data from Chandan Economics. Preliminary estimates for August show that 83.2% of tenants at independently operated units paid their rent on time — up 34 basis points (bps) from July. July’s figure was
Rent collections improve slightly, but late payments signal strain Read More »
Fannie Mae‘s latest Mortgage Lender Sentiment Survey points to a growing trend of lenders that want to make the mortgage process and its various components as efficient as possible. In 2025, lenders ranked streamlined business processes, reduced costs and consumer-facing technology as their leading priorities. Every touch point in a mortgage’s life cycle — from
Rocktop’s Cade Thompson on inefficiencies in mortgage lending Read More »
The nation’s top brokerage by transaction side count continues to expand. On Monday, eXp Realty announced that it was welcoming back San Antonio-based The Victorica Group. The group was formed at eXp, but went on to briefly operate as an independent brokerage. It ultimately decided to return to eXp after being courted by several other
eXp welcomes back The Victorica Group in San Antonio Read More »
The publicly traded companies in the reverse mortgage space were largely profitable in the second quarter of 2025, despite a challenging macroeconomic backdrop. As a group, they posted $1.2 billion in originations in Q2 2025, compared to $1 billion in the first quarter. Executives pointed to stronger demand for home equity products among seniors, as
Reverse mortgage lenders log Q2 profits amid home equity, AI push Read More »
Realtor.com is welcoming a new executive to its C-suite. On Monday, the company announced that it had appointed Janakiraman Karthikeyan as its new chief technology officer. This role will see Karthikeyan lead Realtor.com’s technology strategy as the company looks to achieve its long-term growth goals. “I’m excited to join Realtor.com at such an important moment,”
Realtor.com hires Janakiraman Karthikeyan as CTO Read More »
New home sales followed the existing home sales market by beating sales estimates and having positive revisions in today’s report, which suggests that we are already seeing some benefits of lower mortgage rates. While it’s not a spectacular number by any means, if mortgage rates can get toward 6% and just stay there for some
Have lower mortgage rates already boosted the homebuilders? Read More »