NAR economist says 'we're not anywhere near' a recession
Lawrence Yun shared his economic outlook Wednesday, saying that despite volatility the U.S. is still on track for 4 to 5 percent growth next quarter
by Marian McPherson Jan 21
Mortgage
The latest numbers from the Mortgage Bankers Association show that applications for loans increased last week. Rates for a 30-year fixed rate loan averaged 6.16%
by Jim Dalrymple II Jan 21
Need a mortgage? Have crypto? Now you're in luck
Mortgage lender Newrez announced this week that it'll let would-be borrowers count their crypto assets when qualifying for a loan. The company said it's the first major lender to make such a move
by Jim Dalrymple II Jan 16
Mortgage firm Lower acquires Acopia Home Loans
Lower previously acquired residential portal and tech firm Movoto, and struck up a marketing partnership with HomeSmart. The Acopia deal helps the company expand in the Southeast
by Jim Dalrymple II Jan 14
4 times Redfin CEO Glenn Kelman showed he's one of a kind
From his start as a 'pugnacious' young exec to recent appearances on reality TV, Kelman has given the real estate community many memorable moments to reflect on as he leaves the industry
by Lillian Dickerson Jan 14
Latest Consumer Price Index data leaves door open for March rate cut
Inflation rose at an annual rate of 2.7% in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool, a March rate cut may be in the cards
by Lillian Dickerson Jan 13
50-year mortgage
Author and broker Dr. Lee Davenport explores the pros and cons of the 50-year mortgage for consumers and advises caution
by Lee Davenport Dec 3
50-year mortgage
When equity grows more slowly, so does the seller pipeline, broker Josh Ries writes. For agents, that means more lead gen and longer timelines between transactions
by Josh Ries Nov 12
Feds charge Trump nemesis Letitia James with bank fraud
James calls allegations over $109,600 mortgage baseless retribution and a 'continuation of the president’s desperate weaponization of our justice system'
by Matt Carter Oct 9
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Rocket Companies has closed its acquisition of mortgage servicer Mr. Cooper for $14.2B. The final price is 51% higher than the initial offer of $9.4B
by Marian McPherson Oct 1
Is the mortgage lock-in effect ending? These numbers offer clues
The share of mortgaged homeowners with rates of at least 6 percent has risen to nearly 20 percent, Redfin said, signaling the potential end of a years-long 'lock-in effect'
by Marian McPherson Sep 29
Here's the last look at Redfin's finances as an independent company
The tech-based brokerage’s losses were mounting in 2025 before it merged with Rocket in a deal valued at just under $1.8B, according to new documents
by Taylor Anderson Aug 14
Homebuyers sue brokerage they allege steered them to lender
Raleigh Realty and CrossCountry Mortgage are accused in 6 separate lawsuits of operating an illegal 'pay-to-play' scheme in violation of the Real Estate Settlement Procedures Act (RESPA)
by Matt Carter Aug 5
'Uber depressed' home sales prompt stark 'red flare' warning from economist
Elevated mortgage rates, weakening home price growth and uncertainty from Trump's tariff policy are setting the housing market on a dangerous path, Moody's economist Mark Zandi said on X
by Marian McPherson Jul 17
How to help your buyers avoid costly mortgage mistakes
When buyers plan and have the right people on their side, mortgage expert Phil Crescenzo Jr. writes, they can stay in control, and the rest becomes a lot less stressful