Florida’s single-family housing market revealed a striking disconnect in early November 2025, with homes taking a median 98 days to sell, 21 days longer than the national median of 77 days, even as market conditions shifted decisively in favor of buyers. The state’s housing inventory reached 97,224 active listings for the week ending Nov. 1, […]
Florida housing market slows as listings rise and sales drop Read More »
loanDepot reported a smaller loss in the third quarter as higher loan volumes, improved margins and increased servicing income boosted its results. Revenue for the California-based mortgage lender rose 14% from the previous quarter to $323 million, while adjusted revenue increased 11% to $325 million. Pull-through weighted gain-on-sale margins rose 9 basis points to 339
loanDepot’s Q3 loss narrows as revenue climbs 14% Read More »
Blend Labs Inc. shared its third-quarter earnings on Thursday afternoon, posting revenue of $32.9 million from July to September, down 1% on an annual basis. The company reported a GAAP gross profit margin of 74% in the third quarter, unchanged from the same period in 2024. Non-GAAP gross profit margin rose to 78%, up from
Blend Labs reports shrinking mortgage revenue even as its partnerships gain steam Read More »
The Springfield, IL metro housing market recorded a median days on market of 28 days for the week ending Nov. 7, 2025, moving faster than the Illinois state median of 49 days. The accelerated sales pace comes as the metro’s median list price sits at $199,700, well below the state median of $309,900. Springfield’s housing
Why Springfield homes sell faster than Illinois average Read More »
The Terre Haute,IN metro housing market is moving at a notably quicker pace than the rest of Indiana, with homes selling in a median of 42 days compared to 56 days statewide as of Nov. 1, 2025. This faster sales velocity comes even as the metro’s median list price climbed 11.5% year over year to
Terre Haute housing market speeds up to 42 days on market Read More »
Rithm Capital will no longer use Onity Group’s servicing subsidiary, PHH Mortgage Corp., as the subservicer of a $33 billion portfolio primarily composed of pre-2008 loans — ending an agreement that has lasted nearly a decade. Onity, which released its third-quarter earnings on Thursday, said it was notified by Rithm on Oct. 31 of its
Rithm ends $33B subservicing deal with Onity Read More »
The Orlando–Kissimmee–Sanford metro housing market presents an unusual dynamic where homes are taking 20% longer to sell than a year ago despite falling prices and widespread price reductions. The median days on market jumped to 84 days in the week ending Nov. 7, up from 70 days year-over-year, while median list prices dropped 2.2% to
Orlando metro homes sit longer despite lower prices Read More »
Homes in the Philadelphia–Camden–Wilmington metro area sell in a median 49 days, 28 days faster than the national median of 77 days, even as 39% of active listings reduced prices during the week ending Nov. 1, 2025. The metro’s $439,900 median list price slightly exceeds the national median of $435,000. The Philadelphia metro housing market
Philadelphia metro homes sell faster than national pace Read More »
As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The upward momentum was largely a product of 2 specific days: the October 29th Fed announcement and yesterday’s duo of economic reports that suggested less cause for concern over the labor market and strength of the
Nice Little Recovery For Mortgage Rates Read More »
A loan program allowing homeowners to pay for clean energy upgrades through property tax bills will still be subject to tighter lending rules next year, a federal judge ordered. The Property Assessed Clean Energy (PACE) program allows borrowers to pay for home improvements, from storm hardening to solar panels, via future property tax assessments. The
Effort to halt CFPB’s new PACE rules hits roadblock Read More »