Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.
With mortgage rates moving past 6.6%, originators are using seller credits, buydowns and ARMs to keep deal pipelines flowing.
The 10-year yield rose to 4.58% as the Iran conflict drags on, pushing mortgage rates higher and pricing in future hikes.
Recent acquisitions by Compass, eXp World Holdings and The Real Brokerage illustrate the value of proprietary tech stacks and ...
Supreme Lending SVP John Luddy details three reverse mortgage hurdles and practical ways to handle borrowers and families.
If antitrust lawsuits are impacting agent commissions, it’s not happening at Compass. The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in ...
MBA says Q1 2026 IMB production profits rose to $727 per loan, even as expenses hit 336 bps and $11,898 per loan.
QXO announced $1.8B in new funding, raising its total to $3B as it targets acquisitions in the building products sector. The company is in late-stage talks with seven potential targets and must ...
Stockholder sues Two Harbors over CrossCountry proxy disclosures, seeking to delay the May 19 vote and require corrective ...
HUD OIG audit says 1,237 HECM borrowers may see LESA funds depleted about six years early, with up to $258 million at risk.
AD Mortgage launched a $407M non-QM securitization backed by 979 loans, with Florida properties accounting for 25% of the ...
NAR approved 18 policy updates giving local MLSs more control over access, membership, and discipline. Industry leaders say the updates bring both flexibility and new legal responsibilities for local ...