US mortgage rates increased last week by the most since September, a setback for a housing market that had been enjoying easing financing costs this year. Processing Content The contract rate on a 30-year mortgage rose 10 basis points to 6.19% in the week ended March 6, according to Mortgage Bankers Association data released Wednesday. […]
Mortgage rates climb to 6.19% in biggest gain since September Read More »
Finance of America posted another net loss in the fourth quarter, but saw significant profit increases for 2025 as a whole. Processing Content The reverse mortgage company reported a $21 million loss from continuing operations in the fourth quarter, a $7-million improvement from the previous quarter, FOA revealed on an earnings call Tuesday. On an
FOA reports another loss in Q4, still profits in 2025 Read More »
One day after announcing plans to reenter the wholesale lending business, LoanDepot said the move reflects its expectation that refinance activity will drive origination growth across multiple channels. Processing Content “Getting back into wholesale, which is a business that we were in previously, is going to allow us to achieve greater scale,” said CEO Anthony
LoanDepot bets on refi wave with wholesale return Read More »
loanDepot reported a smaller net loss for 2025 as revenue and margins improved, but results weakened in the fourth quarter as margins declined. The Irvine, California-based mortgage lender’s earnings showed signs of recovery as the company aims to improve volume and market share. loanDepot posted a net loss of $108 million for the full year,
loanDepot reports $108M loss in 2025 even as volume, margins improve Read More »
Retirement plan participants remained focused on long-term goals throughout 2025, with automatic enrollment features and professionally managed allocations improving savings outcomes, according to Vanguard‘s annual How America Saves report. The 25th edition of the annual analysis — scheduled for full release in June — shows that average participant account balances increased by 13% from the
Retirement savers hold steady in 2025 as automatic enrollment drives positive trends Read More »
As home sizes shrink and a new mega-generation ages into the homebuying market, homebuilders may have to rethink certain aspects of home design. With affordability the main issue for buyers, builders are now working to maximize space with functional design over flash. Buyers are still largely driven by emotion, but they are also constrained by
Builders gut check what buyers may like vs. what they’ll pay for Read More »
United Holding Corp., the parent of United Wholesale Mortgage (UWM), raised the bar on 2026 revenue expectations, issuing guidance just days ahead of a shareholder vote from Two Harbors Investment Corp. on UWM’s proposed $1.3 billion all-stock acquisition. “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of
UWM raises revenue guidance ahead of Two Harbors vote Read More »
After spiking last week, mortgage rates remained relatively stable this week. But the question for housing market professionals is whether the brisk spring homebuying season that was anticipated at the start of 2026 will actually materialize due to rising headwinds. Mortgage News Daily reported Monday that 30-year fixed rates averaged 6.14%, their highest level in
Mortgage rates steady near 6.15% as oil and jobs data pose risks Read More »
Strong, accurate residential rent data is becoming a prized asset as lawsuits, regulators and new state laws upend how landlords set rents. Los Angeles-based commercial real estate platform Crexi is moving to capitalize on that demand. The company has partnered with Dwellsy, a rental marketplace with extensive residential properties, to plug rent data into Crexi
Crexi adds residential rental data as rent algorithms face limits Read More »
eXp Realty Chief Marketing Officer Wendy Forsythe released her debut book, “Leverage Your X-Factor: The 6-Step Framework to Scale Your Real Estate Business and Reclaim Your Life,” on March 10, with 100% of proceeds going to eXp Extend a Hand, the brokerage’s nonprofit that supports agents and staff facing financial hardship. The book, announced Tuesday
eXp’s Wendy Forsythe launches 6-step framework book to help agents scale without burnout Read More »