Significant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill as the Senate begins closed-door talks this week on legislation that squeaked through the House by a single vote. Senate Republican leaders are aiming to make permanent many of the temporary tax cuts in the House bill, a move that would […]
Senate begins putting its stamp on giant Trump tax, debt limit bill Read More »
Jamie DimonBloomberg Jamie Dimon said his retirement from the top post at JPMorganChase is “several years away,” but the decision is up to the bank’s directors. “It’s up to God and the board,” the 69-year-old chief executive officer said in a taped interview aired Monday on Fox Business. “I love what I do.” The question
Dimon says retirement from JPMorgan is ‘several years away’ Read More »
Do you think a brand-new home means a bigger price tag? Think again. Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing homes (ones that have already
Newly Built Homes May Be Less Expensive Than You Think Read More »
Staging a home can make or break a sale — but the traditional approach is broken. Furniture rentals, photography sessions, and weeks of back-and-forth leave agents stuck in the past. Even the traditional virtual staging solutions take days to turnaround, while today’s buyers make decisions to attend an open house online—often in seconds. In a
Meet Collov AI: The world’s first listing marketing AI agent built for real estate Read More »
Some brokerages are what I sometimes think of as “Lily Pads” because they’re waystations where agents sometimes go—albeit briefly—to level up their commission splits. And then they move on. Lily Pad brokerages attract and recruit based on a higher split, but fail to retain a cohesive team because they don’t lead with a culture focused
Culture over commission: Building a top-producing team that lasts Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. The top five lenders in the ranking had a combined wholesale volume of more than $18 billion at the end of the first quarter. Most lenders saw a decrease in volume between the fourth quarter of 2024 and the first quarter of
20 banks with the largest wholesale mortgage volume in Q1 Read More »
While the threat of property damage and associated monetary losses resulting from Atlantic hurricanes is well documented, a new study puts numbers on the extent of the risk to homeowners and their communities. Climate scenarios are on the minds of home buyers, influencing where and what they buy as they consider both costs and standard
Hurricane risks can raise housing costs but drive down value Read More »
Home equity lending hasn’t been this hot in almost two decades. Second-lien equity withdrawals approached 2008 levels in the recent first quarter, according to Intercontinental Exchange. Homeowners grabbed nearly $25 billion in home equity lines of credit, while overall first quarter equity withdrawals, including cash-out refinances, totaled $45 billion. Introductory rates on second-lien HELOCs fell
Home equity lending is flourishing as HELOC rates fall Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. Market volatility under a second Trump administration was no match for Rocket Companies’ appetite for mergers in the first quarter of the year, as the origination giant inked deals to acquire real estate brokerage Redfin and mega servicer Mr. Cooper. Now comes
Rocket’s deals for Redfin, Mr. Cooper bring new growth and challenges Read More »
In one of the most chaotic weeks for economic headlines of the year, mortgage rates remained relatively stable, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago. Can this stability last? Despite elevated rates, having fewer wild fluctuations on a day-to-day basis creates a healthier mortgage market
Mortgage rates unfazed by crazy economic headlines Read More »