Quick Read Homebuyer demand for mortgages remains near 2025 highs despite a slight weekly decline, with purchase loan applications up 19% year-over-year per the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey.... Read more »
“Homeownership remains one of life’s most monumental transactions, and today buyers are approaching that life goal with new expectations,” said Ginger Wilcox, president of Better Homes and Gardens Real Estate. “High barriers... Read more »
The Batton homebuyer commission lawsuits are not the only ones getting updated complaints. On Thursday, James Lutz, the lead plaintiff in the Lutz homebuyer commission suit in Florida, filed a second amended... Read more »
The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so.... Read more »
Gov. Gavin Newsom has signed a law that limits contracts between homebuyers and their brokers to 90 days. The law, Assembly Bill 2992, limits homebuyer-agent contracts required under the National Association of... Read more »
Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a... Read more »
The combination of high home prices and insufficient savings for a down payment makes it challenging for first-time homebuyers to pull the trigger on a property purchase. But the good news is,... Read more »
In a bygone era two years ago, a typical family in Southern California needed to earn $134,000 to buy a median-priced house. The same family must now rake in $207,000. A local... Read more »
Redfin is back to offering refunds to homebuyers but this time under a new name. Launched on Thursday, the brokerage’s Sign & Save program provides buyers who sign up to work with... Read more »
Nearly three in four baby boomers aren’t using resources that would help them achieve or maintain homeownership status, according to survey data released Tuesday by nonprofit group NeighborWorks America. About 10,000 Americans... Read more »