September 2025

Have lower mortgage rates already changed the housing market?

Mortgage rates fell to almost 6% just before the Fed announcement on rate cuts, then rose slightly to close out the week. Have lower mortgage rates already changed the housing market? Yes. Housing data started to change in our weekly Housing Market Tracker in mid-June and I’m writing this weekend’s tracker a bit differently to

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Innovation Challenge 2025 spotlights AI, retention tools

Innovation Challenge 2025 spotlights AI, retention tools

Left to right: Julian Hebron, Jonathan Kunkle, John Wines, Will Adams Artificial intelligence and borrower retention took center stage as 20 tech firms competed for top honors in the Innovation Challenge at Digital Mortgage 2025. New homeownership portals, voice agents and lead generation tools all may find their way onto mortgage technology stacks if they

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Tech Pulse: Real estate referral landscape; new e-sign tool

Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: From Zillow to sphere: Why you must know the source of your real estate referrals Real estate agents are navigating a shifting lead-gen landscape — balancing referrals, paid

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Zillow faces class-action suit over Premier Agent, Flex commissions

Zillow is facing yet another lawsuit. Filed on Friday in U.S. District Court in Seattle, the lawsuit alleges that the portal tricks consumers into using agents affiliated with Zillow through its Flex and Premier Agent programs, resulting in inflated home purchase prices.  The suit was filed by Alucard Taylor, who purchased a home in Portland, Oregon,

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New York and DC homeowners set for biggest savings from SALT cap hike

Homeowners in New York and Washington, D.C., stand to gain the most from the recently expanded federal cap on state and local tax (SALT) deductions — with typical households in these locations saving more than $7,000 a year, according to a Redfin report released Thursday. The change — part of President Donald Trump’s One Big

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US home flipping profits hit lowest level since 2008

The share of U.S. homes flipped by investors fell in the second quarter of 2025 while profit margins dropped to levels not seen in more than 15 years, according to new data from ATTOM. Flippers resold 78,621 single-family homes and condominiums between April and June, or 7.4% of all sales.That was down from 8.3% in

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Help exists for cash-strapped homebuyers — but many don’t know it

As home prices and mortgage rates continue to stretch budgets, many would-be homebuyers are wondering if they’ll ever be able to make the jump. Industry professionals say that creative financing tools and professional guidance can make homeownership more attainable, but a lack of awareness continues to stand in the way. Three voices from different corners

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Canadians are cooling on the U.S. housing market

Between April 2024 and March 2025, Canadian homebuyers spent $6.2 billion on U.S. real estate purchases, making up 14% of all foreign homebuyers, according to data from the National Association of Realtors (NAR).  While the total spend of Canadian buyers is up from $4.4 billion in the prior 12-month period, data from Redfin, which was

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Stellar MLS, Miami Realtors sign reciprocal access agreement

Stellar MLS, the largest MLS in Florida, and the Miami Association of Realtors, the nation’s largest local Realtor association, have entered into a reciprocal access agreement, the groups announced Friday.  Stellar MLS currently serves about 30% of Florida’s land area across 18 counties and Puerto Rico. With this agreement, Stellar MLS members will now have

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