Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency mortgages for non-owner-occupied homes. The announcement, made via social... Read more »
The Portland housing market update reflects changes in pricing, sales activity, and market dynamics compared to the previous year. These shifts indicate evolving conditions that can influence both buyers and sellers in... Read more »
The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.... Read more »
The Nashville housing market has been experiencing significant growth and activity in recent months. The housing market report for June 2023 demonstrates a robust and dynamic real estate market. With many closings,... Read more »
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time lows, and home prices continued to climb. Next year,... Read more »
In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. While fixer-uppers, homes with less curb appeal, and those located in less desirable... Read more »
Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% in October from the... Read more »
You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate agents too? That’s right! Artificial Intelligence (AI) is your... Read more »
California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their... Read more »
The Department of Veterans Affairs (VA) is pausing foreclosures on homes financed with VA loans for six months to help military borrowers in danger of losing their homes, a department spokesperson said... Read more »