According to Fannie Mae's Economic and Strategic Research Group expectations for Q1, the increase in the sales pace from the end of 2022 to the beginning of 2023 revealed that homebuying demand remains buoyant and was unexpectedly responsive to small declines in mortgage rates.
Most Recent Articles
Fed Chair Hints at Rate Reduction
During an economic symposium held by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell suggested that an unsteady labor market could benefit...
Meet the Finalists: 2025’s Women in Housing Nominees
At the upcoming Five Star Conference and Expo, pioneers in the field whose contributions continue to impact the housing and mortgage servicing industry will be recognized at the grand finale of...
Trust as the Cornerstone to a Successful Partnership
Jerry Mills, an Asset Manager with Phoenix Asset Management, discusses the shifting REO landscape, and how advances in AI are no substitute for boots on the ground and personal relationships. The...
Americans Holding Off on Major Purchases, Citing Job Uncertainty
A new Redfin report revealed the share of American workers who are canceling aspirations to make major purchases, such as buying a home or car, due to their feelings about job security—ultimately,...
Are Outdated Condo Loan Rules Locking Millions Out?
A recent report from the Community Associations Institute (CAI) revealed that housing cooperatives and homeowner's associations continue to ask the Federal Housing Finance Agency (FHFA) to change...
Q3 Zombie Foreclosures on the Rise
While the vacancy rate of U.S. homes held steady nationwide, the number of zombie foreclosures drove upward in the third quarter, with a high concentration found in the Midwest. The post Q3 Zombie...
Paying the Price of Higher Mortgage Rates
"Even as incomes grow, higher interest rates have eroded the real-world purchasing power of the typical American household," said Danielle Hale, Chief Economist, Realtor.com. The post Paying the...
Buyers Backing Out: July Home Deal Cancellations Reach Eight-Year High
High prices, high rates, and continued economic uncertainty were just some of the factors leading to home sales falling through in July, as mounting homebuying costs are forcing more buyers to...
Older Hispanic Homeowners Struggling to Pass Down Housing Wealth
Limited savings, higher housing costs, and persistent mortgage debt are making it harder for older Hispanic households to turn homeownership into lasting generational wealth. The post Older...
First Horizon Adds New Head of Consumer Banking
Shaun McDougall joins the regional financial services firm to drive the development of client-focused strategies, working with leaders across the organization to ensure delivery of solutions for...
Hsieh Named Permanent CEO of loanDepot
loanDepot Founder and Chairman of the Board returns as permanent CEO, tasked with returning the company to profitability, increase market share, develop new technical capabilities, and expand...
FHFA Director Targets Fed Governor Over Mortgage Fraud
Bill Pulte of the FHFA has accused Federal Reserve Governor Lisa Cook of falsifying residence claims to secure better mortgage terms and has urged the Justice Department to investigate. The post...
Membership Spotlight on FORCE Chairman Jim Hastings
Jim Hastings of Hastings Brokerage Ltd. and Chairman of the Federation of REO Certified Experts (FORCE) shares his insights on technology, REO trends, and how agents can stay ahead in a changing...
Why Rent Regulation Is a Double-Edged Sword
Although rent-controlled units offer below-market rents today, they risk reducing housing availability and worsening conditions—suggesting policy needs broader reform to support low-income renters...
New Home Building Inches Up as Housing Shortage Persists
In addition to identifying which U.S. cities are leading the new home building boom, a recent Realtor.com study ranked the metro areas at the forefront of affordability, availability, and...
Where Have Boomers Amassed the Most Home Equity?
One southern state leads the nation in retiree home equity, but high-value markets in California, Massachusetts, and Arizona also show where older Americans are building, and holding onto, real...
ServiceLink Adds New National Sales Executive
With more than 20 years of industry experience, Aaron Fain rejoins the provider of digital mortgage services to drive client growth strategies, and forge new lender partnerships. The post...
Slow Summer Pace Drives Home Sales Downward
According to a recent Redfin study, active listings saw the largest monthly decline since 2023, indicating that homes are taking longer to sell as demand declines as a result of elevated...
Bipartisan Bill Seeks to Modernize USDA Housing Programs
The Rural Housing Service Reform Act has been introduced to preserve affordable housing, improve oversight of the USDA, and expand access to safe homes for families, seniors, and workers in rural...
Staying Ahead of AI Fraud: New Webinar Equips Industry
The Five Star Institute’s Federation of REO Certified Experts (FORCE) will present an upcoming webinar examining AI-based tactics being used by fraudsters in real estate transactions. The post...