Continuing their upward trajectory, mortgage applications increased 29.7% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending Sept. 12. On an unadjusted basis, the index increased 43% compared with the previous week. Last week’s results included an adjustment for the Labor Day holiday. […]
Mortgage applications soar ahead of Fed meeting Read More »
The week of Oct. 12–18 will be the best time for homebuyers in 2025, according to Realtor.com’s annual Best Time to Buy Report. The analysis projects buyers could see 32.6% more active listings compared to the start of the year, home prices averaging $15,000 lower than summer peaks and 30.6% less competition. “After years of
Best time to buy a house? Mid-October 2025 favors buyers Read More »
Ohio-based Union Home Mortgage (UHM), led by Bill Cosgrove, has reached an agreement to acquire California-based Sierra Pacific Mortgage‘s assets, sources told HousingWire. The deal marks UHM’s second deal in 2025, following its March purchase of Houston-based Nations Reliable Lending (NRL Mortgage). The move comes less than three years after UHM acquired Amerifirst Home Mortgage.
Union Home Mortgage acquires assets of Sierra Pacific Mortgage: sources Read More »
A federal watchdog has ruled that the Federal Emergency Management Agency (FEMA) broke the law by blocking or delaying aid money that Congress had already approved, including funds for programs that provide shelter and food. The Government Accountability Office (GAO), which oversees federal spending on behalf of Congress, said in a decision released this week
FEMA funds blocked illegally, GAO finds Read More »
RAND and the Terner Center for Housing Innovation at the University of California at Berkeley have released a joint report examining how local housing agencies can more effectively use federal housing vouchers. The study, funded by the Cooper Housing Institute, found that while the Housing Choice Voucher (HCV) program — popularly known as Section 8
RAND study reveals key strategies to boost housing voucher effectiveness Read More »
Nine years after marrying Ryan Serhant, Emilia Bechrakis Serhant is joining the brokerage that bears her surname. On Tuesday, SERHANT. announced that Bechrakis Serhant was joining the firm’s New York City office as a licensed real estate agent. She will work alongside Melissa Post. Born in New York and raised between New York and Athens,
Emilia Bechrakis Serhant joins SERHANT. as licensed agent Read More »
Michigan-based Clients First Realtors of Canton has joined the Real Estate One Family of Companies. Founded in 1995, Clients First has operated within Michigan for more than 25 years. “Clients First Realtors’ values align closely with our own, especially when it comes to giving back to the communities where we live and work,” said Dan
Real Estate One expands with Michigan acquisition Read More »
Pacaso on Tuesday announced the launch of the first purpose-built, 30-year mortgage designed for co-ownership of vacation homes in the U.S. The new financing option gives qualified buyers and existing Pacaso owners a standardized way to finance their share of a second home, with a simplified closing process. The product is backed by a $100
Pacaso launches 30-year mortgage for vacation home co-ownership Read More »
The National Association of Realtors’ (NAR) Multiple Listing Options for Sellers (MLOS) Policy is slated to go into effect on September 30, and MLSs across the country are gearing up for the implementation of the policy. The policy, which was announced in early March, outlines the creation of delayed marketing exempt listings. According to the
MLSs gear up for the implementation of NAR’s delayed marketing Read More »
In a narrow 48-47 vote, the U.S. Senate confirmed economist Stephen Miran to the Federal Reserve Board of Governors on Monday evening ahead of a highly anticipated FOMC meeting. Miran, chairman of the White House Council of Economic Advisers, was approved by the Senate Banking Committee last week with all Republicans voting in favor and
Stephen Miran confirmed as Fed governor ahead of FOMC meeting Read More »