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Mortgage rates aren’t hampering millennials’ homebuying interest
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds
Mat Ishbia, president and CEO of United Wholesale Mortgage, is confident that if ending the conservatorship results in higher rates, it’s unlikely the government will move forward with it.
Top Florida real estate team joins Compass
The seven-member Tinka Ellington Group has closed more than $254 million in sales and has more than 25 years of combined experience.
Lower sues former employees for fraud that cost the firm $4M
Lower sued four former employees for fraud that it says cost them $4 million in financial loss and damages.
Change Lending loses CDFI certification
Non-bank originator Change Lending lost its CDFI certification; its parent company The Change Company faces suit of mischaracterizing loans.
Better reports improved net loss of $45.5 million in Q2
In Q2, Better’s origination volume was $900 million across 2,421 loans, compared to $800 million across 2,347 loans funded in Q1
Kudos: Trade associations work with communities to provide COVID-19 relief
Mortgage and real estate associations have long served as a backbone for their members, with the COVID-19 pandemic only reaffirming this support as members mobilized quickly to provide COVID-19 relief.
Should we ditch open houses?
As states have gradually re-opened, more real estate agents are once again able to conduct in-person home tours. The question is, do they even want to?
Should you buy or rent? Low mortgage rates make it a good time to buy a house in some markets
In February 2019, we reported on how it was increasingly difficult to find a market where it made more sense to buy than rent. Fast forward 16 months and one pandemic later, and it’s safe to say that the rent-versus-buy gap is only shrinking with each passing day.
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