Spring housing market gets more inventory
Active weekly housing inventory growth slowed slightly last week, but it’s still running at a healthier clip than in 2023. I have a simple model with mortgage rates being above 7.25%: weekly inventory data should grow between 11,000-17,000 per week. Last year, we never hit that target. We have now s
Read MoreThe best real estate podcasts for agents and brokers in 2024

Who doesn’t have a podcast these days? Anyone with a microphone and a cup of coffee can wax poetic about the ebbs and flows of the industry. While there is plenty of noise out there, we dug for podcast gold to come up with a list of the best real estate podcasts that are worth your time. We curated
Read MoreHome sellers saw their profits shrink in the first quarter: Attom

U.S. home sellers reaped slimmer profit margins on median-priced single-family homes and condominiums during the first quarter of 2024. In fact, profit margins — the difference between the median purchase and resale prices — slumped to 55.3%, down from 57.1% in the fourth quarter of 2023, according
Read MoreIf reelected, Trump could seek greater control over Federal Reserve

A report published late Thursday by The Wall Street Journal said that allies of former president and presumptive 2024 Republican nominee Donald Trump are working behind the scenes on policies that could make the Federal Reserve less independent, if Trump were reelected this fall.Former Trump adminis
Read MoreAcra CEO Keith Lind on staying the course amid choppy waters in non-QM

HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many others are closing their doors. Lind also shares insights into the future of non-QM lending and the importance of emergent technologies in improving the o
Read MoreHUD walks back some proposed changes to HECM for Purchase program

The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified to bar the practice of premium pricing, and it will only allow interested party contributions (IPCs) on H4P
Read MoreRetirement confidence hasn’t fully recovered, but survey shows hope for future prospects

Following a significant drop in retirement savings confidence in 2023, overall levels of confidence have yet to recover. But optimism about future retirement prospects are high, according to the results of the 34th annual Retirement Confidence Survey (RCS) conducted by the Employee Benefit Research
Read MoreKey housing markets are starting to buck national trends: Redfin

Even as the median U.S. home sale price remains near record highs and supply stays constrained in many locales, two of the most populous states that have seen a surge in demand since the start of the COVID-19 pandemic are showing signs of a pullback.That’s according to a pair of reports released Thu
Read MoreMedian payment on purchase mortgage applications rises to $2,201: MBA

Homebuyer affordability declined in March as mortgage rates and home prices remained elevated. The national median monthly payment for purchase mortgage applicants rose to $2,201 in March, up from $2,184 in February. That’s according to the Mortgage Bankers Association‘s (MBA) purchase applications
Read MoreHUD, USDA reach accord on energy-efficiency standard for new construction

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. This fulfills a requirement laid out in a 2007 law that directs the departments to
Read MoreU.S. mortgage delinquency rates remain near historic lows: CoreLogic

In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 percentage-point decrease from February 2023. The rate remained unchanged from January 2024, according to the latest CoreLogic Loan Performance Insights report.The data provider examined all stage
Read MoreKristen Sieffert leads the reverse mortgage presence at The Gathering

Kristen Sieffert, president of Finance of America Reverse, speaks during The Gathering by HousingWire on Monday, April 21, 2024. Photo credit: AJ Canaria Reverse mortgages became an unexpectedly prominent topic during certain parts of The Gathering by HousingWire, held earlier this week in Scottsdal
Read MoreIndustry vet launches new mortgage CE company, MLO Force

Nathan Knottingham, COO at Vetted VA, announced the launch of a new mortgage continuing education provider, MLO Force, from the stage at HousingWire’s The Gathering this week. The company, operated by 20/20 Vision for Success Coaching, will be led by Knottingham as CEO and video producer Sawyer Jone
Read MoreGAO highlights reverse mortgage counseling in new report

Older adults and people with disabilities are often prone to financial distress, and they may require more resources to better understand their circumstances and options, according to a new report from the Government Accountability Office (GAO).Among a series of 24 examples of federal financial lite
Read MoreSurvey shows that discrimination in housing persists: Zillow

The majority of respondents to a recent Zillow survey said they have experienced discrimination in housing, with racial minorities and members of the LGBTQ+ community among the groups reporting fair housing issues at even higher rates.Zillow surveyed more than 12,000 adults across 26 U.S. metro area
Read MoreFinancial results worsened for IMBs in 2023: MBA

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023, down from an average loss of $301 per loan in 2022, according to data released Thursday by the Mortgage Bankers Association (MBA).This was the largest loss r
Read MorereAlpha launches AI-powered buyers’ agent chatbot

Real estate technology company reAlpha Tech Corp. launched Claire, a generative artificial intelligence-powered, zero-commission buyers’ agent chatbot, the company announced on Wednesday.Claire boasts a conversational interface to guide users through every step of the homebuying journey, from proper
Read MoreCHLA president addresses various consumer protection measures

Taylor Stork, president of the Community Home Lenders of America, speaks at The Gathering by HousingWire on Wednesday, April 25, 2024. Photo credit: AJ CanariaIt was initially billed as a discussion centered on the “biggest threats to a healthy mortgage landscape for homebuyers,” but some breaking n
Read MoreBest real estate apps for agents in 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. The days of running back
Read MoreFormer Keller Williams agents continue their legal actions

Keller Williams was named to an additional class-action lawsuit on Thursday that, like other recent cases, takes issue with alterations made to the brokerage’s profit-sharing program. In the past few weeks, 13 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill
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