When you typically think of fast-growing brokerages, firms like eXp Realty, Compass and Real typically come to mind, but the rapid ascension of LPT Realty should not be overlooked. In 2024, agents at LPT Realty closed 36,369 transaction sides for $13.86 billion in sales volume, earning the just 3-year-old firm the No. 10 and No. […]
Inside LPT Realty’s big dreams: from record growth to $1B teams Read More »
Compass may want to drag Redfin into its legal battle involving Zillow’s listing access standards, but the Rocket Companies-owned firm is not having it. On Tuesday, Redfin filed its own letter addressed to Judge Jeannette Vargas of the U.S. District Court in New York City calling Compass’s motion to compel Redfin to produce documents “untimely
Redfin says Compass wants to see ‘privileged and irrelevant documents’ Read More »
The Federal Reserve delivered a 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.75% to 4%. The move, which brings the federal funds rate to its lowest level in three years, comes amid a softening labor market and inflation pressures. Monetary policy watchers expect another cut in December, which
Fed rate cut could lower mortgage rates further Read More »
Living location impacts the caregiving experience in the U.S., according to a new state-level analysis released on Wednesday by AARP and the National Alliance for Caregiving (NAC). AARP’s data found that, specifically, state policy choices have an impact on family caregivers. States with strong supports, such as paid leave, respite care and health system integration
State policies shape caregiving in the U.S. Read More »
For generations, the American Dream has been defined by homeownership. But in 2025, that dream is harder to hold onto. Rising mortgage rates, high home prices and the day-to-day cost of living have left many families stretched thin. Even as interest rates show signs of easing, affordability pressures remain, forcing buyers to ask not only,
Why is homeownership harder to sustain in 2025? Read More »
Today was not a foregone conclusion and there was no way to know ahead of time that it would end like this, but the outcome is exactly why we’ve gone to such lengths to warn you about the potentially paradoxical reaction to a Fed rate cut. Too many people repeat the fallacy that mortgage rates
Yet Again, Mortgage Rates Surge Higher After Fed Rate Cut Read More »
Key Insight: The October Federal Open Market Committee cut interest rates by 25 basis points as expected, but comments from Chair Jerome Powell caught market watchers off guard, casting doubt on the likelihood of another rate cut in December. Expert Quote: “There were strongly differing views about how to proceed in December. A further reduction
Fed’s rate cut trajectory unclear as dueling dissents emerge Read More »
Florida and California, two states hit hard by natural disasters, lead the nation in non-renewal rates of homeowners insurance policies last year, a Weiss Ratings study found. Weiss looked at National Association of Insurance Commissioners data for 2024 and also did a comparison with 2018 in 15 disaster-prone states. Which states had the highest share
Home insurers drop California, Florida policies at high rate Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. A coalition of real estate and banking groups, including the Community Home Lenders of America, the Independent Community Bankers of America, and the National Association of Realtors, wants Fannie Mae and Freddie Mac to buy conventional mortgage-backed securities to help the mortgage
Reviving GSE MBS purchases would repeat the Fed’s mistake Read More »
Loan origination system platform Mortgage Cadence is under new ownership following its sale to an enterprise software acquisition group. Partnerone, an international software firm with a record of acquiring and scaling companies, announced a purchase of the mortgage technology business from current parent Accenture. Mortgage Cadence has operated as a unit within the financial services
Mortgage Cadence sold to global software firm Partnerone Read More »