Mortgage rates now closer to 7% than 6% as the Iran war escalates
Mortgage rates have risen from sub 6% to 6.62% as the Iran conflict escalates, while purchase apps fell 5% and growth slowed to 5%.
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Bill Pulte targets Letitia James with new criminal referrals
FHFA Director Bill Pulte filed DOJ referrals alleging insurance fraud by New York AG Letitia James involving Florida and Illinois properties.
The GSEs updated their rules for condo loans. Will they be helpful or harmful?
Fannie Mae and Freddie Mac revised condo project and insurance rules, easing some costs but tightening reserve and review requirements.
Fort Worth growth resets the Dallas-Fort Worth housing map
For the past decade, Dallas-Fort Worth’s housing story has been written in bold letters along the U.S. 75 corridor – Frisco, McKinney, Plano and every patch of land north of there that could support a rooftop and a Starbucks. The northeast corner became a symbol of Texas growth: prices soared, commutes stretched and master-planned communities […]
‘Six-figure limit’ aims to halt Social Security trust fund insolvency
A proposed “six-figure limit” would cap benefits at $100,000 per year for couples retiring at the normal retirement age.
Regional markets back demand resilience as rate pressure builds
Housing demand remains resilient across major metros as mortgage rates rise. Texas, California and Midwest markets sustaining pending sales.
Antitrust lawsuit against NAR faces dismissal
Magistrate recommends dismissing Zea antitrust suit vs NAR without prejudice, cites deficient pleading and AI fake citations.
Former Fannie Mae CEO Hugh Frater joins Better board
Frater, whose role was effective March 23, brings experience spanning mortgage-backed securities and commercial real estate lending.
TransUnion launches tool to bolster Realtor safety, fight fraud
The app allows agents to validate legal property ownership before listing and conduct personal safety checks using a phone number.
States push back on buyer agreements as new laws challenge NAR rules
Mississippi and Alabama laws allow buyer tours without signed agreements, conflicting with the NAR settlement, as other states weigh bills.