Mortgage rates spike as Powell warns December rate cut is iffy
After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation
by Matt Carter Oct 29
Lower mortgage rates spur homebuyers, but mostly refis
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12%, nearly a full percentage point lower than January. Rates now have less room to come down
by Matt Carter Oct 29
These are the 5 people who might replace Jerome Powell as Fed chair
Trump loyalist Kevin Hassett is seen as the most likely pick to lead the Federal Reserve Board next year. Critics say doubts about the central bank's independence could put upward pressure on rates
by Matt Carter Oct 28
PartnerOne acquiring Mortgage Cadence from Accenture
The Denver-based developer of lending platform aimed at credit unions and independent mortgage banks serves consumer direct, wholesale, correspondent and distributed retail lenders
by Matt Carter Oct 28
Letitia James pleads not guilty, seeks dismissal of fraud case
James' attorneys will argue that she is a victim of vindictive prosecution and that Lindsey Halligan, the lone U.S. attorney who signed her indictment, was appointed illegally
by Matt Carter Oct 24
More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
Economists with the mortgage giant shared a glimmer of good news for real estate professionals in a pair of new forecasts
by Taylor Anderson Oct 24
The path for Compass-Anywhere: Take the Intel Index survey today
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Each month, agents, brokers, executives and investors contribute to one of real estate's most ambitious efforts to document changes to the industry. Add your insights. Take the survey
by Daniel Houston Oct 23
Fannie Mae CEO is out, mortgage giant says in surprise announcement
Fannie Mae CEO Priscilla Almodovar was replaced on an interim basis by COO Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup
by Matt Carter Oct 22
Mortgage rates just hit a new 2025 low. They might be stuck there.
MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
by Matt Carter Oct 22
Want more buyers? Choose a mortgage advisor, not a loan officer
Rick Guerrero sits down with coach Tim Braheem to break down how the role of mortgage professional is evolving and discuss why today’s buyers need more than a paper-pusher
by Rick Guerrero Oct 21
HomeSmart and Lower partnering on marketing, tech and mortgages
The agreement comes on heels of Lower's acquisitions of Neat Labs and Movoto — and takes place as mortgage lenders look to real estate brokerages to win more homebuyers
by Matt Carter Oct 21
2025 a banner year for mortgage deregulation and legislation
'We don’t just have a seat at the table,' Mortgage Bankers Association CEO Bob Broeksmit told members in Las Vegas. 'We’re near the head of the table — and we’re speaking loud and clear'
by Matt Carter Oct 20
Discounts, lower mortgage rates give homebuyers deals this fall
Inventory is up and homes are sitting longer on the market — potentially benefiting homebuyers. Lower mortgage rates are also giving the market a boost.
by Lillian Dickerson Oct 20
Trump administration lays out 5-year goals for Fannie, Freddie
Equitable housing and climate change risk are out, deregulation and combating fraud are in. The strategic plan sheds little light on president's bid to spur homebuilders into action.
by Matt Carter Oct 17
Rocket Mortgage rolls out bullish $822,550 conforming loan limit
The 2.4% increase ahead of an official announcement in November surpasses more cautious 1.5% increases adopted last month by UWM, Pennymac, CrossCountry and Rate
by Matt Carter Oct 17
Fathom Realty buys a 'proven model' for first-time homebuyers
START Real Estate has just 70 agents, but founders Randy and Terri Bell have built a business model with a 70 percent mortgage attach rate that Fathom wants to take nationwide
by Matt Carter Oct 16