Across political parties, the leading candidates in California’s crowded gubernatorial race have put solving the state’s housing crisis at the center of their campaigns. As the issue has risen in importance, so... Read more »
The reverse mortgage industry could begin seeing some benefits of lower interest rates, but endorsement volume and securities issuance largely continued its trend from the prior month. Home Equity Conversion Mortgage (HECM)... Read more »
Two months ago, in Midtown Manhattan at Inman Connect New York, was just the start. The voices of agents and brokers came together with industry leaders to have some of the most... Read more »
Mansions perched on the edge of oceanfront cliffs in Dana Point. Homes red-tagged across shifting soil in Rancho Palos Verdes. Mudslides hurling debris into homes in Studio City. The river of storms... Read more »
MCLEAN, VA—Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS, showing the 30-year fixed-rate mortgage (FRM) averaged 6.64 percent. “Mortgage rates remain stagnant, hovering in the mid-six percent... Read more »
L. Scott Bruggemann, senior vice president and general counsel at Summit, wrote in an emailed response to HousingWire that, at this time, the company “does not have anything to add to its... Read more »
Real estate agents are continuing to stay put, moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, according to the latest Relitix Agent Movement Index. The... Read more »
A spokesperson for Movement said the company had no comment. L. Scott Bruggemann, senior vice president and general counsel at Summit, said the company continues to compete for talented individuals “fairly” and... Read more »