The housing market is seeing its best start to home buying season in years, thanks to competitive seller pricing, according to a report from Realtor.com. Processing Content Year to date, new seller listings are up 1.4% compared to 12 months earlier, while contract signings grew 2.9% versus 2025, the home buying platform said in its […]
Surprise! Contract signings, listings point to best spring in years Read More »
Mortgage rates enter the Memorial Day weekend at levels not seen since last Labor Day with the bond market in a tizzy this past week. Processing Content News over inflation and the Iran conflict influenced investors and as a result, the 10-year Treasury reached its highest point in 52 weeks. For the week of May
Mortgage rates surge to 9-month high amid market turmoil Read More »
US housing starts declined in April as construction of single-family homes dropped by the most in nearly a year, suggesting builders are growing cautious amid higher mortgage rates. Processing Content New residential construction decreased 2.8% last month to an annualized rate of 1.47 million homes, according to government figures released Thursday. Starts of single-family homes
Housing starts decline on drop in single-family homes Read More »
Artificial intelligence could soon upend how secondary market assets are priced and traded, and mortgage technology leaders say the industry may never look the same. Processing Content Its abilities are only set to improve just as they are on the originations side of the industry, resulting in a possible reset of asset trading processes as
AI set to reshape secondary market pricing and trading Read More »
If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier. The median sale price of a newly built home is now at its lowest level since 2021, according to the latest data from the Census. And on top of that, builders
Newly Built Home Prices Hit a 5-Year Low Read More »
The Basel III endgame proposal’s full benefit related to the capital treatment of servicing rights is not yet clear, but the promise of it is enough for independent mortgage banks to begin running the numbers and what they’re finding could reshape how the industry is structured. Processing Content “Normally when an IMB gets either
Basel III relief could turn mortgage bankers into bank owners Read More »
Call it non-QM, call it non-agency, call it whatever you want. Just don’t call it a niche product anymore. That’s what panelists at the Mortgage Bankers Association’s Secondary and Capital Markets Conference sought to drive home. Processing Content And this business is more than just non-qualified mortgages, they added. “I would even say that about
The non-agency market is bigger than you think Read More »
The number of homes abandoned during the foreclosure process, known as “zombie foreclosures,” increased in the majority of states this quarter, an industry report found. Processing Content Zombie properties rose quarter over quarter in 38 states and the District of Columbia, according to Attom’s latest Vacant Property and Foreclosure Report. Out of the 104.9 million
Zombie foreclosures rise in most states, report finds Read More »
The late, legendary Bob Toll once laid bare the fact that he was personally incapable of installing a curtain rod in a living room, let alone knowing the first thing about building a home from the ground up. What Bob did intuit was that the second-floor walls of a typical 1960s two-story home could be
Toll Brothers lifts 2026 delivery outlook as luxury demand holds Read More »
For many real estate brokers, the dream of artificial intelligence (AI)-powered efficiency has crashed against a hard reality; agents are reluctant to use tools that force them to change habits. Tyler Morton — broker-owner of REMAX Victory + Affiliates in Beavercreek, Ohio — learned this lesson the expensive way. After his first AI platform Victoria
Why agents will ignore your expensive AI tool — and how to fix it Read More »