A quiet change in Texas law this past spring could ignite a crisis in affordable housing – and send a chilling signal to investors nationwide. House Bill 21 (HB 21), passed in May, drastically rewrites the rules for how affordable housing partnerships in Texas qualify for property tax abatements. For years, those abatements have been […]
The Texas law threatening to break the affordable housing equation Read More »
The average interest rate on all outstanding mortgages in the U.S. is now 4.3%. You might be surprised to learn that by the end of the year, the average rate will be higher than the levels of Q1 2020, before the pandemic boom. For the average American mortgage holder, the incredible gains of the pandemic
What the latest mortgage data tells us about home sales in 2026 Read More »
Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Bankers Association‘s Annual Convention and Expo, Cohn and Summers also credited
Former economic leaders Cohn and Summers warn on U.S. fiscal path Read More »
For years, policymakers and analysts have debated the reasons behind America’s worsening housing affordability crisis. Some point to zoning and land-use restrictions, others to construction bottlenecks or rising interest rates. But a growing body of research suggests a deeper, structural problem; wages simply haven’t kept up with the cost of living. That disconnect — according
The $79 trillion shift: How lost wages are fueling the housing crisis Read More »
The 10-year yield closed below 4% for the first time this year on Thursday, sending mortgage rates closer to year-to-date lows after a credit market scare. But this begs the question: have mortgage rates already priced in a lot of the economic news? Bond traders on Friday were less fearful of the Zions Bank $50
How can mortgage rates get to 5.75% by the end of the year? Read More »
U.S. homeowners made an average profit of 49.9% on single-family home and condominium sales in the third quarter of 2025, according to ATTOM’s newest U.S. Home Sales Report. That’s up slightly from 49.3% in the second quarter but down from the 55.4% margin seen in the third quarter of last year. Sellers typically earned $123,100
Home seller profits down in most metros despite record sale prices Read More »
Swiftbuild.ai, a technology firm developing artificial intelligence (AI) tools to streamline government permitting, is drawing interest as federal officials call for faster homebuilding nationwide. The company’s main platform, SwiftGov, is designed to help local governments reform zoning and permitting systems while keeping sensitive municipal data on U.S. servers. Swiftbuild.ai’s offering comes as President Donald Trump
AI platform aims to tackle homebuilding bottlenecks Read More »
Housing inventory at one point this year showed 33% year-over-year growth, but that growth has since slowed to 17%, and we might already have seen the seasonal peak in inventory for the year in the first week of August. I didn’t believe we were witnessing the peak in August and I have been looking for
Did housing inventory peak in August this year? Read More »
At the annual National Reverse Mortgage Lenders Association (NRMLA) meeting, financial advisor and trainer Ryan Ponsford urged reverse mortgage professionals to strengthen their credibility and collaboration with financial advisors, saying the industry’s future depends on shifting perceptions and elevating professional standards. Ponsford, drawing on nearly three decades in the financial services sector, opened with anecdotes about industry
Reverse mortgage industry urged to elevate standards, shift perceptions at NRMLA meeting Read More »
Colorado’s housing market shows a statewide median list price of $649,900 with 22,890 active listings, according to HW Data. Nearly half of active listings recorded a price reduction during the week. New supply totaled 1,441 listings while 1,869 homes moved under contract. Inventory gives shoppers more choice An active inventory near 23,000 listings expands options
Colorado housing market sees wider price cuts ahead of ski season Read More »