How to become the agent AI recommends in your market
Adjust to the new rules of search when you optimize your online footprint for the way AI recognizes and recommends professionals, Jimmy Burgess writes. Source
Homeowners are cracking under the pressure of increased costs
Median monthly homeownership costs have risen 26 percent from 2019, according to the U.S. Census Bureau’s latest American Community Survey data. released on Thursday. Source
Pennymac takes a stake in Vesta, launches non-QM mortgages
A major player in correspondent lending and mortgage servicing, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment
Mortgage rates plummet to new 2025 low on anemic jobs report
Investors who fund most home loans are no longer wondering whether the Federal Reserve will cut rates this month, but by how much. At least
‘If our nurses, firefighters, and teachers can’t live here, then our community stops functioning’
Workforce housing initiatives offer one part of the affordability solution for discouraged buyers, but still fall short of the need. Source link
Court punts on Trump’s move to remove Fed Governor Lisa Cook
A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled
Sellers outnumber buyers by 36% — but that figure is starting to shrink
In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95
A bitter pill: More US consumers swallow higher rates, eye homes
For years, high home prices and mortgage rates have driven consumers from the housing market. That intimidation factor might be fading, Intel’s latest survey of
Trump tells Federal Reserve governor Lisa Cook to ‘resign now’
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against
Newrez pays $2.3M to settle Caliber overcharge allegations
California regulators collect $1.8 million fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment