Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now? But here’s […]
Why Buying Real Estate Is Still the Best Long-Term Investment Read More »
As automation reshapes the appraisal industry, EA Appraisals stands out by prioritizing personal relationships to deliver first-class service on a first-name basis. In our conversation with President and founder, Will Eubanks, shares how the company blends modern technology with a people-first mindset, improving efficiency without losing the human touch. Drawing on his loan origination and
The next 12-to-24 months will be a good time for the home equity lending market because of the conditions affecting the first lien business, experts say. With elevated mortgage rates, the amount of equity homeowners hold right now and the relative shortage of inventory “it’s a really lucrative environment for home equity, and has been
Home equity lending has strong two-year runway ahead Read More »
Newrez wants to dismiss a trio of “zombie” second mortgage lawsuits, suggesting its servicing arm didn’t violate, nor is subject to, the lending laws consumers cite. Borrowers accuse Newrez’s Shellpoint of inflating the balances of their long-dormant second mortgages, and for long periods failing to send them monthly statement notices. The prospective class action complaints
Newrez fires back in trio of “zombie” mortgage lawsuits Read More »
Millennials are the only generation showing increased interest in buying a home in the next six months, according to a new survey by Realtor.com. The survey, conducted this spring, found that 23% of millennials plan to buy a home, up from 15% in September 2024. By contrast, 69% of Americans across all generations said they
Mortgage rates aren’t hampering millennials’ homebuying interest Read More »
Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.” One thing he is confident about: If ending the conservatorship results in
Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds Read More »
The Tinka Ellington Group — a prominent real estate team specializing in coastal and waterfront properties in South Florida — has joined Compass. Led by Ellington, the group has closed more than $254 million in sales and brings 25-plus years of combined real estate experience. The seven-member team serves Sunshine State areas including Lighthouse Point,
Top Florida real estate team joins Compass Read More »
The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to restrict HECM volume, according to industry professionals and analysts. In
The proprietary reverse mortgage landscape is getting crowded Read More »
As the preference to age in place continues to dominate among those planning out their later lives, people actually living with the preference may find they need to make adjustments to certain parts of their routines to accommodate costs, access services and maintain social relationships. One key tool that might be able to assist with
How important is public transit for aging in place? Read More »
The mayoral campaign in New York City is in full swing, and candidates are aiming to inject their campaigns with hot-button topics that could resonate with voters in a closely watched election. To that end, an independent candidate is training his eye on the issue of property taxes, a sensitive one for people around the
This NYC mayoral candidate wants to make property taxes a core election issue Read More »