Mortgage rates stay calm before possible tariff enforcement
Last week, the housing data demonstrated stability even as we approached potential tariff enforcements starting on Saturday.
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Trump fires CFPB Director Rohit Chopra
President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB) on Saturday
More first-time buyers rely on mortgage rate buydowns to afford homes
Real estate technology platform HomeLight found that 27% of recent first-time buyers requested a mortgage rate buydown.
Hawaii bill would establish state-run reverse mortgage program
The bill aims to address the rising cost of homeownership for older Hawaiians, or “kupuna,” and features nine sponsors in the legislature.
Aging-in-place tech platform secures $35M funding round
With $35 million in new funding, the Helper Bees hopes to expand its services to more people seeking to age in place in their own homes.
Trump tariffs on Canada, China and Mexico go into effect Saturday
According to multiple news outlets, President Donald Trump will enact tariffs on goods imported from three major U.S. trade partners. The plan goes into effect Saturday, the White House confirmed, with 25% tariffs on Canada and Mexico, along with 10% tariffs on China.
Is President Trump bluffing on tariffs?
Trump doesn’t want people to think he’s bluffing on tariffs, so he may follow through with his threat, but it only as a short-term event.
Home inspector sees interaction from baby boomers, aging in place and reverse mortgages
A director of business development at a home inspection company explains how and why reverse mortgage companies can interact with his business.
Famed encyclopedia highlights ‘sandwich generation,’ recognizing importance of senior caregiving
Britannica, the English-language encyclopedia that has roots as far back as the 1760s, recently highlighted a phrase familiar to the reverse mortgage industry — the “sandwich generation” — in recognition of the growing importance that caregiving for older relatives will have as the global population grows older.
Here’s another estimate of the financial losses from the LA wildfires
Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to quantify the number of homes destroyed and measure the financial repercussions of the wildfires.