Spreads were 1.94%, keeping rates below 7%, while purchase apps were up 0.2% yearly and pending sales held near flat.
Berkshire closed its Taylor Morrison acquisition at $72.50 per share, valuing equity at $6.8B and EV at $8.5B.
June new home sales rose 1.6% to 628,000 but fell 5.6% YoY, inventory was 485,000 and months of supply stayed high at 9.3.
ICE said June delinquency was 3.55% and FHA new defaults fell 15% year over year, while foreclosure inventory rose to 0.53%.
Roomvu has launched a recruiting content platform that uses AI to automate agent recruitment through branded video and social ...
A 21% rise in foreclosures reflects normalization, not a crisis, as new listings stay low and homeowner equity remains high.
The campaign highlights real estate agents managing their business entirely through voice commands using Lucy, Rechat's AI ...
The mortgage industry unfairly lumps non-QM loans with subprime. Learn why today's non-agency borrowers are high-credit, self ...
Consumers are using AI for home value estimates and pricing advice, pushing the industry toward more transparent, ...
A nationwide survey shows 87% are migrating mortgage tech, yet only 8.7% are finished and 40.9% spend 60% to 80% on upkeep.
Today, the new home sales data perfectly explains why housing permits are near cycle lows and why we can’t get any traction ...
NAR’s Q2 report details strategic plan progress, including DOJ letters, Tuccori settlement steps, and new broker and data ...
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