Ted Cruz aims to defund CFPB with implications for lender oversight
Although the agency was created by Democrats in an effort to protect consumers from abusive financial practices, it has continued to be viewed by Republicans as an unchecked power
by Lillian Dickerson Jan 31
Typical days on market reaches slowest pace in 5 years: Redfin
Persistent market headwinds resulted in a slow beginning to the year, according to Redfin. The typical days on market reached 54 days this month — the slowest pace since 2020
by Marian McPherson Jan 30
Fed pauses rate cuts, continues mortgage 'quantitative tightening'
Trump wants the central bank to lower rates. Fed Chair Jerome Powell says he's not spoken to the President, and that 'we don't need to be in a hurry to adjust the policy stance'
by Matt Carter Jan 29
Economists no longer expect big drop in mortgage rates this year
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae
by Matt Carter Jan 24
Elevated mortgage rates continue to chill homebuyer demand
Mortgage rates are hovering near a 'key psychological level' of 7%, a likely factor in slow pace of applications for refinance and purchase mortgages, MBA Chief Economist Mike Fratantoni warns
by Matt Carter Jan 22
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at mortgage rates and the factors that have pushed them up more than a point since September
by Jeff Tucker Jan 17
Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
Strong December jobs report pushes mortgage rates higher
Investors who fund most home loans are now convinced that the Federal Reserve won't cut rates again until June after employers add 256K jobs and unemployment falls to 4.1%
by Matt Carter Jan 10
Mortgage demand crumbles as rates are on the rise again
With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds
by Matt Carter Jan 8
Home prices hit new highs in 2024. These 2 factors could ease the pain 
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
by Matt Carter Jan 2
QUIZ: How well do you remember the big real estate stories of 2024?
Scandals, lawsuits, Fed rate cuts and iconic listings made headlines this year and kept the real estate industry buzzing. Now, let’s see how well you recall these standout moments of 2024
by Richelle Hammiel Dec 31
Top 5 predictions for 2025 from Windermere's principal economist
Opinion
Despite the setbacks we saw this year, 2025 will likely see many of the same trends come true that were initially predicted for 2024, Windermere’s Principal Economist Jeff Tucker writes
by Jeff Tucker Dec 30
Mortgage rates ease a bit on November inflation surprise
Core inflation rose less in November than had been expected, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief US Economist Samuel Tombs said
by Matt Carter Dec 20
Fifth Wall Ventures targets $500M for new real estate tech fund
Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500M for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday
by Richelle Hammiel Dec 20
Fed cuts again, but mortgage rates climb on 2025 inflation worries
Bond market investors who fund most mortgages focus on the latest dot plot, which shows Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025
by Matt Carter Dec 18